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Letter from the Executive Director

Mark J. RiedyMark J. Riedy, PhD

International travel tends to broaden one’s horizons and occasionally change one’s perspectives on issues of a socio-economic nature that are not too dissimilar from those we wrestle with in the United States.

On a recent trip through Northern Thailand and Burma—or Myanmar, as preferred by Burma’s military leadership—I was struck by the fact that the daily newspapers in Bangkok were filled with articles about affordable housing needs for urban development and redevelopment. Not earth-shattering news, but an illustration that San Diego’s challenges in these areas really are shared globally and that perhaps there is much we can learn from progress or failures in other countries, including Thailand.

Women in Real Estate ConferenceI also couldn’t help but notice that in both Thailand and Burma time and again we witnessed women working hard producing and selling goods under tough conditions—extreme heat, primitive equipment, poor infrastructure. Concurrently, most men sat in small groups smoking and arguing animatedly under the shade of trees or shop covers. We were informed that while the men did not appear to be working, they actually were busy making “major decisions” or discussing issues related to “world peace.” In effect, the men held senior management positions while the women did all the work. Culture and tradition clearly played major roles in creating the imbalances between which gender did which kind of work.

Here at home, it seems to me that culture and tradition also have played somewhat similar roles in giving males a much greater share of executive and senior management positions vis-a-vis females. To that end, on Nov. 9, we are launching a “Women in Real Estate Conference” to showcase outstanding female leaders in real estate.  

The event is intended to be informational and inspirational to all of those who attend—undergraduate and graduate real estate students and real estate professionals at all levels and of both genders. It will focus primarily on issues in the real estate and financial services industries, with some personal anecdotes woven in. Given the great outpouring of industry and community support we have already experienced for the conference, we fully intend to make this an annual event and encourage you to reserve your space for the first one.

Dr. Mark J. Riedy
Executive Director

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Mark Riedy Named One of “20 Men Who Impact San Diego”

Burnham-Moores Center Executive Director Mark Riedy, PhD, has been named one of “20 Men Who Impact San Diego” by SD Metro Magazine. Riedy was selected by a panel of six judges, who based their decisions on nominees’ careers, backgrounds and what they have contributed to the San Diego community. Riedy is featured in the publication’s Nov. 2 edition.

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Alan Gin, Norm Miller, Featured at Union-Tribune Event

Econometer Event
Professor Norm Miller and USD Continuing Education instructor Gary London (pictured above) listen intently to a question posed by an audience member during the Oct. 11 San Diego Union-Tribune U-T Talks Community Dialog event, held on USD’s campus. The event, which was open to the public, featured the seven regional economists—including SBA professor Alan Gin—who make up the paper’s weekly EconoMeter panel. At the event, panelists gave their thoughts on the economy and answered wide-ranging questions from audience members. All seven panelists predicted that the economy would be slightly better a year from now.
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Norm Miller Presents at Greenbuild 2011

Greenbuild logoProfessor Norm Miller co-presented, “The Economics of Green Retrofits,” with Nils Kok of the University of California-Berkeley and Maastricht University, and Peter Morris of Davis Langdon, at Greenbuild 2011 in Toronto. Roughly 500 people attended the session, which was held Oct. 6. As School of Business Administration Dean Dave Pyke noted in a recent blog post, the annual conference attracts the who’s who of sustainable real estate globally.

Professor Charles Tu also attended the conference, where his co-authored paper “Does Green Make Dollars and Sense?” was presented. The study, now in its third year, is a continuation of the groundbreaking research by USD’s Burnham-Moores Center, CBRE and McGraw-Hill Construction.

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MSRE Alum Receives National NAIOP Leaders Award

Master of Science in Real Estate alum Brian Gates ’11 (MSRE) was one of 15 young professionals nationally that were named recipients of NAIOP’s 2011 Developing Leaders Award. The prestigious award was presented to the recipients during NAIOP’s Development ’11 meeting in Scottsdale, Ariz., Oct. 19. The Developing Leaders Award, which was established in 2006, is an annual award given to emerging professionals who have distinguished themselves in their profession and show great promise as future leaders in the commercial real estate industry.

Gates has been project manager at H.G. Fenton Company in San Diego since 2006, where his responsibilities include commercial development, leasing and acquisitions. Prior to that, he was project engineer at DPR Construction Inc. He is a member of the Burnham-Moores Center’s Young Entrepreneurs Council and NAIOP’s Developing Leaders Council. He also is a board member of the Kearny Mesa Community Planning Group, a member of the Urban Land Institute and a LEED Accredited Professional.

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Norm Miller Speaks at Trigild Lender Conference

Trigild Conference
Photo by Melissa Jacobs/
Norm Miller delivering his keynote address at the 11th Annual Trigild Lender Conference

Professor Norm Miller delivered a keynote address at the 11th Annual Trigild Lender Conference, held Oct. 19-21 in downtown San Diego. Miller provided his thoughts on the political uncertainty that is shaping the global and national economic outlook and the prospects for the commercial real estate market. The conference was attended by roughly 400 of the key players in the commercial loan servicing industry.

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MSRE Students Visit Meissner Jacquét

Meissner Jacquet
(Left to right) Cheri Ryerson and Jerry Jacquet spoke to the MSRE students at the Meissner Jacquét offices Oct. 21

MSRE students met with Jerry Jacquét, principal of Meissner Jacquét Investment Management Services, and his colleague Cheri Ryerson, senior real estate manager, at a visit to the company’s offices in Sorrento Valley Oct. 21. During the visit, the students toured the energy-efficient office and learned about the company’s history, its growth through the years and the future of the commercial real estate management industry.

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New Executive Assistant Joins Center

Mary Ann Pulis
Mary Ann Pulis

Mary Ann Pulis has joined the Burnham-Moores Center as the new executive assistant to Executive Director Mark Riedy, PhD. Pulis comes to the Center from National University in La Jolla, where she served as assistant to the vice president for university relations. Pulis assumes the position previously held by Ilse Hunnicutt, who retired from the Burnham-Moores Center in late September.

Mary Ann can be reached at or 619-260-2256.

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BMC Attends ULI Meeting in Los Angeles

ULI Meeting
MSRE student Erica Schutt speaks with a vistor at the Burnham-Moores Center's booth at the 2011 Urban Land Institute Fall Meeting and Urban Land Expo in Los Angeles

Master of Science in Real Estate (MSRE) students Carey Algaze, Daniel Buoye, Jana Dix, Eric Held, Mike Kelly, Danny Reeves, Erica Schutt and Eduvie Umukoro participated in the 2011 Urban Land Institute Fall Meeting and Urban Land Expo at the Los Angeles Convention Center Oct. 25-28. At the meeting, the students attended conference sessions, met industry contacts and acted as ambassadors of the University of San Diego’s graduate real estate program.

On Oct. 26, the Burnham-Moores Center sponsored a networking event at the Yardhouse restaurant in Los Angeles for USD real estate students, alums and prospective students who attended the conference.

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MSRE Students Meet Mentors at Kickoff Breakfast


Mentor Breakfast
Master of Science in Real Estate student Bobby Whitney meets with his mentor, Lou Lightfoot, president of Lightfoot Planning Group, for the first time at the MSRE Mentor Kickoff Breakfast on campus Oct. 6. MSRE students meet with their mentors, whom they were matched with based on their interests, throughout the academic year.
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Real Estate Society Panel Presents Career Options

Real Estate Society Meeting
Panelist Zach Koucos ’02 (BBA), associate director of HSB Holliday Fenoglio Fowler LP, speaks to the Real Estate Society Oct. 27

Over 30 undergraduate students attended the Real Estate Society meeting Oct. 27 to learn about the wide range of career opportunities available in the real estate industry. The meeting featured panelists Zach Koucos ’02 (BBA), associate director of HSB Holliday Fenoglio Fowler LP; Renee Savage ’88 (BBA), senior vice president of Capital Growth Properties; and Jacob Schwartz ’02 (BBA), development associate at Urban Housing Partners Inc.

At the meeting, the Burnham-Moores Center’s Young Entrepreneurs Council (YEC) members Fernando Landa ’06 (MSRE), ’08 (JD), general counsel at Trigild Inc., and Emma Ricci, manager at Ernst & Young LLP, discussed their plans for training undergraduate students in business communications skills.

The Real Estate Society is a 200-plus member student organization that provides resources and information to undergraduate students interested in studying and pursuing careers in real estate. Meetings are held monthly and feature real estate professionals who share their industry experience and insights with students. Participation in Society meetings is designed to help students satisfy academic requirements as well as to introduce them to real-time industry challenges and career opportunities.

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Alums Gather for Casual Thursday Event

Casual Thursday event
(From left to right) Current MSRE student Skye Morland and alums Michael Argier ’11 (MSRE) and Alan Cox ’11 (MSRE) at the Casual Thursday event Oct. 6

On Oct. 6, the Real Estate Alumni Association (REAA) took its Casual Thursday networking event to the Maria Maria restaurant in Mission Valley. Casual Thursday events are free, quarterly events designed to give USD alumni working in the real estate industry the opportunity to reconnect with former classmates, make new connections and learn about exciting new real estate projects in the San Diego region.

Back to TopIn the News

The multi-year study on the economics of sustainable buildings, which was co-authored by the Burnham-Moores Center for Real Estate and CB Richard Ellis, was reported on in the Star Tribune,,, and

Professor Norm Miller, PhD, and Associate Professor Alan Gin, PhD, were mentioned in an Oct. 12 San Diego Union-Tribune article following their appearance as panelists at the Union-Tribune’s U-T Talks event.

Norm Miller, PhD, and Alan Gin, PhD, were included in the Oct. 8, Oct. 15 and Oct. 22 editions of the San Diego Union-Tribune’s “EconoMeter.”

Norm Miller, PhD, was quoted in an Oct. 14 San Diego Union-Tribune article on whether the government should turn foreclosures into rentals.

Alan Gin’s Index of Leading Economic Indicators for San Diego County, which he compiles for the Burnham-Moores Center, was mentioned in several outlets following the September release. Articles appeared in the San Diego Business Journal, North County Times, KPBS, the La Jolla Light and

Back to TopCalendar of Events

TUESDay, NOV. 8, 2011

ULI San Diego/Tijuana November 2011 Monthly Breakfast with panelists Norm Miller, PhD, professor, Burnham-Moores Center for Real Estate, and Kurt Huppert, senior VP Special Assets, U.S. Bank Commercial Real Estate; Moderator: Burl East, CEO, American Assets Investment Manager

  • 7:30 - 9 a.m.
  • The University Club, 750 B St., Suite 3400, San Diego, Calif. 92101
  • Pricing is $45 for members, $30 for Young Leader Members, Public Sector Employees and Full-Time Students, and $55 for non-members
  • To register, go here.

WEDNESDay, Nov. 9, 2011

Women in Real Estate Conference featuring keynote speaker Lauralee E. Martin, chief financial and operating officer of Jones Lang LaSalle

  • 7:30 - 10 a.m.
  • Joan B. Kroc Institute for Peace & Justice, University of San Diego campus
  • $45 per person, includes registration fee and breakfast
  • To register, go here.
  • For sponsorship opportunities or more information, contact Diane Gustafson at (619) 260-2379.


12th Annual Residential Real Estate Conference: Outlook 2012, featuring keynote speaker Doug Duncan, PhD, vice president and chief economist at Fannie Mae

  • 7:30 - 11:30 a.m.
  • Hahn University Center, University of San Diego campus
  • $60 per person, $550 for a table of 10; includes registration fee and breakfast
  • To register, go here.
  • For sponsorship opportunities or more information, contact Diane Gustafson at (619) 260-2379.

FRIDay, MARCH 2, 2012

16th Annual Real Estate Conference featuring U.S. Bank CEO Richard K. Davis - Save the date!

  • 7:30 a.m. - 12 p.m.
  • Hilton San Diego Bayfront, One Park Blvd., San Diego, Calif. 92101
  • For questions or sponsorship opportunities, contact Diane Gustafson at (619) 260-2379 or

Back to TopContinuing Education - Upcoming Courses and Seminars


Working with the Maze of Stakeholders


  • Course taught by Chris Morrow, senior vice president and planning director of Project Design Consultants
  • To register, contact Monica Phelps-Zambrano, or register online.
  • For more information on this course, go here. For more information on Real Estate Continuing Education, go here.

ThURsDay, NOV. 10, 2011

Update on Tax Considerations in Real Estate