Maximizing return on investment and minimizing exposure to risk are applicable financial phrases in almost every industry. Real estate is no exception. In fact, real estate has been one of the best performing asset classes in the past 30 years, based on its risk-return characteristics. With real estate becoming the 11th GICS sector in 2016, fund flows to real estate have increased dramatically and investors are looking more than ever for professionals that are able to analyze risk pertaining to real estate investments. There are more than 1.5 million real estate professionals employed in the United States, and there is a growing demand for more professionals with specialized skills in development, appraisal, real estate valuation, investments, mortgage securitization, capital markets, market research and real estate asset and portfolio management.
As part of the finance department at Whitman, our real estate program access to accomplished faculty and comprehensive, timely coursework that equips students with the knowledge needed for expert analysis and strategic decision making. The skills and insight gained during meaningful hands-on learning and interaction with successful executives give our students a decided edge over their peers in the marketplace. Our real estate program provides both the academic and real-world underpinnings needed to make an immediate and meaningful impact in this dynamic and ever-evolving industry.
Choices in Courses and Careers
Our real estate major focuses on the managerial and financial perspective of real estate. Curriculum and practical experiences are designed to help students learn to analyze and understand local tax laws, zoning regulations, contracts, real estate valuation, real estate finance and capital markets, real estate portfolio management and much more. The program emphasizes developing an understanding of real estate fundamentals and the capacity to put that knowledge to work in a changing business environment.
Students’ Whitman undergraduate experience—and the appeal of their resume—is significantly enhanced by practical learning experiences. The Kuhn Real Estate Center is committed to improving the quality curriculum offered through hands-on learning and real-world observations, as well as participation in industry research and seminars. Such opportunities include a required internship, expert speakers, courses co-taught by professors and industry executives, a one-week real estate course taught in New York City every year and a real estate symposium to explore the latest trends. Additionally, the mentoring and networking opportunities with accomplished alumni, including many who serve on the Whitman Real Estate Advisory Board, are invaluable when it comes time to distinguish yourself before potential employers.
Clubs and Connections
The Real Estate Club provides a forum for students to learn more about the industry through dynamic discussions, guest speakers and site visits. These opportunities expand your base of knowledge and introduce you to additional resources through programming and events. A myriad of networking and learning opportunities, such as seminars and panel discussions, are exponentially valuable both in preparing you for the responsibilities of a career in real estate and in making career connections.
Primed for Placement
Our graduates are consistently hired by leading companies such as Barclays, CBRE, FTI Consulting, Horn Companies, Jones Lang LaSalle, Marcus & Millichap, Moody’s and Newmark Grubb Knight Frank.
Real Estate Advisory Board
Accomplished industry professionals share their time and experienced perspective as members of the advisory board to help enhance the program and its offerings.
James D. Kuhn ’70 ’72 MBA | Newmark Grubb Knight Frank
Michael Broxmeyer ’95 (A&S) | Fairfield Properties
Steve Charney ’81 | Pecker & Abramson, P.C.
Jason Cole ’09 | Sterling Management Corp.
Kalmon Dolgin ’64 (A&S), ’66 (LAW) | Kalmon Dolgin Affiliates
Michael Falcone ’57 | Pioneer Companies
Harold A. Fetner ’83 | Durst-Fetner Residential
Kenneth F. Finkelstein ’84 | Englewood LLC
Bill Gallagher ’80 | WMIH Corp.
Jeffrey Grasso ’09 | Silverstein Properties, Inc.
Jared Hutter ’06 | Penn South Capital Partners
Steven Katz ’73 (A&S) | Sterling Properties Group
Craig Koenigsberg P’17 | CLK Properties
Mitchell Konsker ’83 | Jones Lang LaSalle
Chris Labianca ’92 | UBS Securities LLC
Michael Lefkowitz ’86 (A&S) | Rosenberg & Estis
David Nass ’91 | UBS Securities LLC
Edward Pettinella ’76 MBA | Home Properties
David Salmanson ’00 | Salmanson Capital LLC
Robin Schneiderman ’01 | Halstead Property LLC
Jonathan Schultz ’87 (A&S) | Onyx Equities LLC
David Schwartz ’99 | Slate Property Group
Bradley Settleman ’85 | Tall Pines Capital LLC
W. David Tobin ’91 (A&S) | Mission Capital Advisors
Jeffrey M. Zell ’77 | J.M. Zell Partners Ltd.