December 1, 2002
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| DePaul launches real estate center |
Last month, DePaul University announced the launch of The Real Estate Center of DePaul.
The center will sponsor a wide array of new and existing education, research, conference and career enhancement programs tailored to the needs of Chicago’s thriving community of real estate institutions, trade organizations, investors, developers and homebuilders.
DePaul began raising money for the center in June and already has met its goal of attracting $1.2 million in operating funds for the next three years from more than 20 founding sponsors.
“Our goal is to make DePaul the premier center for professional real estate education in the Midwest,” said center director Susanne Cannon, a finance professor at DePaul.
The center has attracted enthusiastic support from the real estate community because of DePaul’s rich history in both teaching and developing real estate, Cannon said.
“DePaul has been teaching real estate since 1913,” she said. “The university’s highly ranked and accredited business school now offers the most comprehensive array of real estate courses available in Chicago at both the graduate and undergraduate levels, including courses offered by the finance department in real estate analysis, valuation, finance and investments.”
Cannon said DePaul’s finance department has forged strong connections in the city’s real estate community and built a solid reputation for providing pragmatic, technologically advanced real estate education.
DePaul’s administrative expertise in developing and managing innovative real estate projects also provides the institution with credibility in the field, she said. These projects include creation of the partnership to launch University Center of Chicago, the nation’s largest multi-college residence hall, under construction in the South Loop; the transformation of the landmark Goldblatt’s Department Store on State Street into the mixed-use DePaul Center; and development of residence halls that combine student housing with retail in Lincoln Park.
The center’s activities are being shaped by people with formidable academic and professional credentials in real estate. Cannon has taught real estate analysis and investment at DePaul for 12 years and is the co-author of “Modern Real Estate,” the leading textbook on real estate principles. PR
Visit www.realestate.depaul.edu. PR
| Initiatives of the Real Estate Center at DePaul include... |
| • | Real estate degrees. |
| • | The hiring of distinguished real estate executives to teach at DePaul. |
| • | Credential and certificate programs co-sponsored with prominent real estate associations. |
| • | Conferences that explore important real estate issues. |
| • | Directed research and case writing grants to bring practical research into the classroom. |
| • | Student scholarships, internships and seminar paper writing competitions, as well as networking, career planning and mentoring programs for students and alumni. |
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