DePaul University 
The Real Estate Center Newsletter
Developments
October 5, 2009
In This Issue
New Corporate Sponsor Supports the REC
Fifth Annual REIA/DePaul Back-to-School Update on Real Estate Markets
Planning Strategies for Shrinking Cities of the Heartland
Continuing Education at The Real Estate Center
Travel Scholarships Awarded to Real Estate Graduate Students

New Corporate Sponsor Supports the REC

 
RSM McGladrey and McGladrey & Pullen recently parntered with The Real Estate Center as Corporate Sponsors under a three-year pledge of support.  With more than 8,000 professionals serving clients from 100 offices, RSM McGladrey, when combined with McGladrey & Pullen, is the fifth largest accounting, tax and business consulting services firm in the nation. RSM McGladrey and McGladrey & Pullen have an alternative practice structure. Though separate and independent legal entities, the two firms work together to serve clients' business needs. RSM McGladrey offers business and tax consulting, wealth management, retirement resources, investment banking and international business services, while McGladrey & Pullen, a CPA firm owned by its individual partners, offers audit and attest services.
 
RSM
McgPull
 
 
RSM McGladrey and McGladrey & Pullen provide accounting, tax and consulting services to more than 3,400 real estate and real estate industry-related organizations nationwide with varying revenue and asset sizes. Their clients have diverse real estate portfolios, many with multiple investment funds with asset sizes range from $20.0 million to more than $1.5 billion.
 
NickNick Antonopoulos, a DePaul alum and Partner at McGladrey & Pullen, will be one of the firm's active representatives as a Corporate sponsor. 
Fifth Annual REIA/DePaul Back-to-School Update on Real Estate Markets 
 
Global, Regional and Local Real Estate Markets:  Players and Prospects

On Thursday, September 24, 2009, REIA and The Real Estate Center hosted the annual mid-year update on real estate markets at Maggiano's Little Italy.  Robert Wislow, Chairman and CEO of US Equities Realty was the panelist for Session 1:  It's all local:  a conversation about retrenching, repositioning, and thinking locally. Wislow talked about the local market and focused on redevelopment projects of Union Station, the John Hancock building and Willis Tower.  Dr. Susanne Cannon, Director of the Real Estate Center, moderated the panel.
 
REIA 1
Dr. Charles Wurtzebach, Dr. Susanne Cannon and Richard Sinkuler

Dr. Charles Wurtzebach, George L. Ruff Visiting Professor in Real Estate Studies at DePaul, moderated the second Session: Is real estate a global asset?  What are the risks and where are the rewards? with panelist Richard Sinkuler, Partner, Ernst & Yong Global Markets.
 
Crain's Real Estate Daily featured photos of the event on their website.  View the photos here.
Planning Strategies for Shrinking Cities of the Heartland 
 
The specter of economic divestment and population decline looms over many cities and suburbs in the American Heartland.  Dozens of once-thriving industrial hubs, including Cleveland, Detroit, and Toledo, are bracing for another round of population losses, despite having already seen their population fall by nearly 50 percent since 1950.  Even suburban boomtowns of the 1970s and 1980s with aging residential neighborhoods and older retail areas are struggling to deal with issues related to economic decline.
 
In response to these problems, "shrinking cities" are turning to bold and innovative strategies.  Some are closing roads and redesigning street grids while consolidating schools.  Others are transforming abandoned residential areas into public open space or turning crumbling manufacturing districts into forest preseves.   Still others are "land banking" to make possible ambitious redevelopment schemes.
 
Join the Chaddick Institute & the Real Estate Center for a special half-day symposium in downtown Chicago to discuss tools and techniques for shrinking cities.  We'll learn from Dan Kildee kildee(pictured), Genesee County Treasurer in Flint, MI and President of the Genesee Institute, a research and training institute focusing on Smart Growth, urban land reform, and land banking.  In addition, Hunter Morrison, whose work has been instrumental in Cleveland and Youngstown, Ohio, will speak about his experiences in redifining and revitalizing a declining city.  Participation is limited to 90 to allow for intimate break-out discussions. 
 
November 19, 2009 
DePaul's Loop Campus 
8:00am-Noon
$125 registration fee
Roundtable lunch with speakers $50 12:30-2:00

(Participants may register for either or both of the events)
Continuing Education
 
Commercial & Industrial Leases
This course demystifies issues affecting both landlords and Jana Langstontenants as it walks you through the financial, managerial, and legal implications of office, industrial, and retail leases.
 
Date:        Thursday, October 15, 2009
Time:        9:00am-5:00pm
Location:   DePaul Center, 1 E. Jackson
Fee:         $300
Instructor: Jana Langston, Principal, Sight on Site LLC
 
 
Negotiating Real Estate Transactions
Negotiating strategy and techniques can make or break any deal, Cliff Perottiboth new and renewed. This hands-on course applies proven negotiating strategies, skills, psychological insights, and tactics to high-stakes corporate real estate situations - so that you can achieve a winning scenario. Role-playing exercises are part of this highly interactive course.
 
 
 
 
Date:        Thursday, November 5, 2009
Time:        9:00am-5:00pm
Location:   DePaul Center, 1 E Jackson Blvd
Fee:         $300
Instructor: Cliff Perotti, Cliff Perotti Seminars


Travel Scholarships Awarded to Real Estate Graduate Students 
 
The Charles H. Wurtzebach Endowed Scholarship Fund subsidizes students' travel expenses so they may attend some of the major real estate conferences that take place throughout the United States.  This is a wonderful opportunity for real estate students to expand their knowledge of the industry outside of the classroom without expending their own resources.  The scholarship covers conference registration fees, airfare and hotel expenses. 
 
The recipients who will be attending the PREA meeting in Los Angeles are: Jan Morel, Amy Krass and Stephanie Matko.   Lancelot Lee will be attending the Fall ULI meeting in San Francisco and Laura Stangle will attend the Spring PREA meeting in Boston. 
Calendar of Events
October 7
 
October 15
 
October 19-23
CCIM Course: CI 101
Financial Analysis
 
October 26
Graduate Student Info Session
 
November 5
 
November 16-20
CCIM Course: CI 102 Market Analysis
 
November 19
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George L. Ruff
 
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Charles H. Wurtzebach
 
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