Housing Research Attracts Local & National Media
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Two recent releases from the Institute for Housing Studies, housed within the Real Estate Center at DePaul, have garnered both local and national media coverage. In late February, the Institute released The Impact of Lock-In Effects on Housing Turnover and Implications for Housing Recovery, a Research Brief based on a working paper by IHS affiliated researchers Patric Hendershott, James D. Shilling, and Jin Man Lee. This research explores the potential impact of rising interest rates on housing market recovery. The research has been covered by Wall Street Journal, New York Times, Washington Post and the Chicago Tribune. It was also featured in an interview with James D. Shilling on First Business News. Additionally, on March 12, the Institute released its Fourth Quarter 2013 update to its Cook County House Price Index. The release found the largest increase in Cook County house prices in 16 years, but also noted that the pace of recovery varied widely throughout the County. The Index release was featured on the front page of the Chicago Tribune. It was also covered by Chicago Agent Magazine and WBEZ, Chicago's public radio affiliate.
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Faculty Activities
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On Monday, March 10, Susanne Cannon, the Douglas & Cynthia Crocker Endowed Director of the Real Estate Center, was a featured panelists at the Chicago Women in Planning and Development Spring Professional Development Event, a panel discussion on career negotiation skills. Other panelists included Donna Pugh, Partner, Foley & Lardner, LLP; Chris Slattery, Director of Planning & Development at the Forest Preserve District of Cook County; and Jamie Simone, Director of the Urban Parks Program at the Trust for Public Land, who served as moderator. The event was held at the offices of Foley & Lardner in downtown, Chicago.
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From left: Donna Pugh, Susanne Cannon, Chris Slattery and Jamie Simone
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The Perfect Storm Revisited: A Continuation of Turmoil
The Real Estate Investment Association (REIA) recently teamed up with the Real Estate Center to explore the possibility of a perfect storm brewing with the current state of housing, banking, employment & Obamacare--a storm that could potentially change the course of American economic history forever. Panelists addressed questions about the housing crisis and its effect on the economy; effects of Fed tapering on the US and Global economy; the state of affairs in the job market and the impact that the Affordable Care Act will have on the economy. The program opened with a presentation by Rebel Cole, Professor of Finance at DePaul University who argued that, despite the fact that Wall Street and Government Agencies would like us to think that the financial crisis is far behind us, the reality is that financial storm clouds continue to churn. Cole's presentation was followed by a discussion with:
E. James Keledjian, Chairman, REIA and Principal, Pathway Senior Living, LLC
Sam Kahan, President, Kahan Consulting Ltd.
Rebel Cole, Professor of Finance, DePaul University
Charles H. Wurtzebach, George L. Ruff Visiting Professor in Real Estate Studies,
DePaul University Navin Nagrani, Director, REIA and Principal, Hilco Real Estate, LLC, moderated the discussion. View Cole's presentation here. |
Save the Date!
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  On Tuesday, May 13, 2014, The Real Estate Center and DePaul University are hosting a special event to honor Robert Wislow, CEO, US Equities Realty, for his long standing service and countless professional contributions to the real estate community. As part of the afternoon program, Bob's long-time friend and colleague, Sam Zell, Chairman, Equity Group Investments, will share his industry insights in a fireside chat with Debra Cafaro, Chairman and CEO, Ventas Inc.All proceeds will benefit the Center's student support services and scholarship programs. Where: The Union League Club Chicago, 65 W. Jackson Blvd. When: Tuesday, May 13, 2014, 12:00 p.m. View more details here. |
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Join the Conversations on the Real Estate Center Social Networking Websites
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You no longer have to wait for our monthly newsletter to be up to date with the Real Estate Center. The Real Estate Center has recently joined the social networking movement on both Facebook and LinkedIn. Join these groups to receive up to the minute information about the Real Estate Center.
 
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