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DePaul Students Take First Place in National 2009 Chase Community Development Competition & Win $25,000 for Nonprofit |
Chase and Enterprise Community Partners sponsor an annual community development competition to give students real world learning experience. This competition allows college students to partner with New Orleans not-for-profits to create viable and environmentally-responsive real-estate plans that meet a prevalent community need.
This year, DePaul University real estate graduate students, Kevin Down and Ian Koss, partnered with students from the University of New Orleans and Louisiana State University and worked with the nonprofit Lower Ninth Ward Center for Sustainable Engagement and Development. Their team project, 5523 St. Claude Avenue: Bringing Fresh Food to the Lower Ninth Ward, is a plan to transform an abandoned building in the Lower Ninth Ward into the neighborhood's sole grocery store. The DePaul team competed against three other teams in the final round and won the competition.
The students' work won the nonprofit Lower Ninth Ward Center for Sustainable Engagement and Development a $25,000 grant from JP Morgan Chase Bank NA, which sponsored the competition.
Second place in this year's competition went to a team from Massachusetts Institute of Technology and Washington University St. Louis. The students, in tandem with the nonprofit Broad Community Connections, proposed building a fresh food market on Broad Street. The plan was awarded $15,000.
Third place went to a team from The New School in New York, which along with The Neighborhood Empowerment Network Association proposed a housing and economic development resource center. The plan was awarded $10,000.
 Ian Koss (third from left) and Kevin Down (fifth from right) with team members |
| Shrinking Cities: Redefining & Reengineering Distressed Cities & Suburbs |
On November 19th, The Real Estate Center & the Chaddick Institute hosted a special half-day symposium on DePaul's Loop Campus to discuss tools and techniques for shrinking cities. Dan Kildee, Genesee County Treasurer in Flint, MI and President of the Genesee Institute, spoke about Smart Growth, urban land reform, and land banking. In addition, Hunter Morrison, whose work has been instrumental in Cleveland and Youngstown, Ohio, spoke about his experiences in redefining and revitalizing a declining city.
Following the presentations, attendees participated in two of the following breakout sessions of their choice: Creative Financial Tools, led by Dan Kildee; Public Services, led by Hunter Morrison; and Redeveloping Obsolete Retail, led by Peter Borzak, Principal at Pine Tree Commercial Realty, Inc. The breakout sessions allowed attendees to interact with speakers and other participants in structured small group activities.
Hunter Morrison, Dan Kildee and Joe Schwieterman of the Chaddick Institute
Question and answer session with Dan Kildee
The conference concluded with an optional luncheon at the Union League Club. |
| Annual Fall Sponsor Meeting |
Sustaining sponsors of The Real Estate Center convened on November 18th for the annual Fall Sponsor Meeting and discussed several items related to the academic program and Center operations. As members of the Center's Executive Committee, Sustaining Sponsors play an active role in guiding the direction of academic and professional programs as well as reviewing the overall operations of the Center and lending counsel when necessary. This year two topics discussed were the technology tools necessary for new graduates and approaches to integrating a global perpsective into the curriculum.
 Following the meeting, Sustaining Sponsors joined faculty, staff and Corporate Sponsors at the Union League Club for a luncheon and presentation by Dr. James Shilling, the Michael J. Horne Endowed Chair in Real Estate Studies and Director for the Institute of Housing Studies. Dr. Shilling's presentation was: Multifamily Financing and Foreclosures in Cook County: Will the Trouble Worsen? |
| Director of REC, Susanne Cannon, Honored as Distinguished Fellow |
The NAIOP Research Foundation recently nominated and selected Dr. Susanne Cannon into the Distinguished Fellows Program. The program recognizes outstanding individuals for their contributions to the field through research and educational achievements and was established to serve as a bridge between the practicing commercial real estate community and the academic community.
The Distinguished Fellows are active participants in NAIOP, and serve on National Committees, make presentations, submit articles and consult on research. |
| Winter Continuing Education Schedule |
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Buildings & Construction Part 1
This course will provide an overview of the role the Architect plays in the construction process. It will include the information they need to begin their work, the process they follow, the tools and resources they use, construction, budget and permit considerations, and the deliverables they produce that the Contractor follows when building  the building. The course reviews the "soup-to-nuts" of blueprint reading.
Date: Friday, February 5, 2010
Time: 9:00am-5:00pm
Location: DePaul Center, 1 E. Jackson
Fee: $300
Instructor: Paul Bodine, Licensed architect
REGISTER!
Nuts and Bolts of Condominium Law
This course will examine how a condominium is structured and how a condominium functions, including an in-depth discussion of the requirements of the Illinois Condominium Property Act and the City of Chicago Condominium Ordinance. In addition to examining the traditional residential condominium regime it will include a discussion of "non-traditional" condominium regimes, such as hotel condominium and commercial condominium projects. It will also touch upon compliance with the Federal Interstate Land Sales Full  Disclosure Act and some of the nuances involved in structuring mixed-use, mixed-ownership high-rise projects. Date: Tuesday, February 16, 2010 Time: 1:00pm-5:00pm Location: DePaul Center, 1 E. Jackson Fee: $150 Instructor: Adam T. Berkoff, Partner, DLA Piper
Buildings and Construction Part 2
This course will provide the student with an in-depth understanding of the parts of a building, the equipment that makes up its many building systems-structural, plumbing, fire suppression, electrical, HVAC, etc. and the materials used for its structure, roof, ceilings, floors, windows, doors, walls and surfaces. Guidelines for selection and construction coordination will be provided.
Date: Friday, February 19, 2010
Time: 9:00am-5:00pm
Location: DePaul Center, 1 E. Jackson
Fee: $300
Instructor: Paul Bodine, Licensed architect
Legal Issues in Commercial Real Estate Acquisitions
Created and taught by a leading real estate attorney with a major international law firm, this course reviews the "nuts and bolts" of a real estate transaction, from acquisition to disposition. Some of the critical issues covered include due diligence review, organization of the ownership entity, contracts with providers of professional services, debt and equity financing, and property disposition.
Date: Tuesday, March 16, 2010
Time: 9:00am-5:00pm
Location: DePaul Center, 1 E. Jackson
Fee: $300
Instructor: Adam T. Berkoff, Partner, DLA Piper
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| Calendar of Events |
February 5
April 12-16
May 17-21
July 12-16
August 16-20
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| Endowment Donors |
| Douglas & Cynthia Crocker
George L. Ruff
Michael J. Horne Education & Healthcare Assistance Foundation
Charles H. Wurtzebach
Studley Inc.: Jacque Ducharme Faculty Fellow Fund
Robert Weitzman Endowed Scholarship
Kenneth McHugh Endowment Fund |
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