The USD campus "comes to life" after Labor Day with 7,500+ new and returning students attending classes, including six undergraduate real estate classes and eight at the graduate level. One of our immediate priorities at the start of every semester is to help students explore their career options through internships, "shadowing" real estate executives, and other opportunities to interact with industry executives both in the classroom and at industry meetings. Please contact John Ferber if you are interested in helping advance the career exploration of our students. Strategically, it also is a great way to meet our outstanding students "early" to improve your recruiting prospects later on.
Within the Burnham-Moores Center there is also new life, in that we recently welcomed Mr. John Demas, Esq. as instructor, Dr. Rohit Kishore as assistant professor of Real Estate, and Ms. Jeryldine Tully as communications director. Dr. Kishore joins us from the University of Western Sydney (Australia) and brings an exciting global perspective to our program. Ms. Tully adds strength in public relations, fund-raising, marketing, and editorial skills from her extensive experience at St. Louis College of Pharmacy, Webster University, and the Federal Reserve Bank of St. Louis. We also added Mr. John Demas, a local real estate attorney, as a full-time instructor in our real estate curriculum.
The Center's continuing education programs continue to attract large numbers of industry professionals who desire to broaden and deepen their knowledge on a low-cost, convenient, accelerated basis. On Nov. 14 we will hold our first graduation ceremony to congratulate approximately 50 students who have completed all requirements for the Certificate in Real Estate Investments, Development, and Finance. For more information about course offerings, please contact John Ferber or Jodi Waterhouse.
I am not planning to offer opinions of the real estate or economic outlooks in this newsletter. Instead, I urge all of our readers to attend the Burnham-Moores Center/ULI Commercial Real Estate Trends Conference on Nov. 7 and our seventh annual residential real estate conference on Dec. 18. This year's conferences will be important because residential markets clearly are in a "different place" than they have been for several years, and commercial real estate markets, though stronger, are more competitive than ever.
Time flies when you are having fun. On Jan. 30, 2007, we will hold our Eleventh Annual Real Estate Conference to explore a series for unique issues that provoke you to think hard about the future of the real estate industry. Mark your calendars. This is the time of year when I try to identify topics and speakers that will hold great interest for our audience four-to-five months hence. Please e-mail me your suggestions for both topics and speakers as soon as possible. Also, the merger of the Pan Pacific Retail Properties into KIMCO this fall creates an opening for a new "Presenting Sponsor" of the Eleventh Annual Real Estate Conference. We thank Stuart Tanz and Pan Pacific for their many years of strong support as our "Presenting Sponsor."
If you have read this far, I hope you will begin to internalize the extent of the industry involvement we pursue in all of our activities; "intense industry interaction" is the hallmark for the Center's programs for students. For a University-based program, this is an extraordinary strength. With your continued commitment it will remain at the core of USD's real estate programming for decades to come.
DNN TV, a web-based real estate news network, spent the day at USD's Burnham-Moores Center Sept. 12 interviewing faculty, administrators, and students about the importance of real estate programs in higher education in general and the Center's offerings, in particular. The segment aired on the company's web site Sept. 15-18 and is now included on the site's archives.
Online since February 2006, DNN Real Estate News provides daily global real estate news, presented by Bob Losure, who was the anchor at CNN Headline News for 12 years. The network has already carved out niches for itself in the Las Vegas and Palm Desert markets and covers the San Diego market from its office in Carlsbad. DNN is linked to Yahoo's Finance page, which included the clip in its video lineup the same weekend.
DNN also produces a daily syndicated real estate news segment for TV stations around the country. KDOC in Los Angeles and KTUD in Las Vegas carry the network's 90-second real estate news insert daily.
Aug. 28 marked the first day of classes for the third cohort of the master of science in real estate degree program. The 2006-07 class is made up of 20 students, who have come from all over the country and Mexico to join our program. GMAT scores have risen to an all-time high for program participants, averaging nearly 600 points. The 11-month, full-time program prepares students for middle- to upper-level management positions within the real estate community and has been supported by leading real estate professionals throughout the region.
MSRE Class of 2006 valedictorian Jesse Votaw was named the 11th winner of the Daniel B. Woodruff Memorial Scholarship during the Spring 2006 semester. The Woodruff scholarship was created to honor Dan Woodruff, a USD Class of '98 grad, who died of cancer at age 27. Each semester, the $2,500 scholarship is awarded to the most outstanding student pursuing real estate as a career profession. Scholarship recipients not only must have strong academic credentials, but also a personal attribute or set of circumstances that truly sets them apart.
Jesse Votaw's circumstances were just that. With a daughter in college at USD and a wife and four other children at home in northern California, Votaw decided to take a year off from his successful residential brokerage business to attend USD's MSRE program. The year-long break required not only a huge sacrifice on Votaw's part, but also that of his family. Votaw was particularly concerned how his daughter, Monica, now a USD senior, would feel having her father as a fellow student.
"I didn't know what she would think about her old Dad going to college with her," Votaw said during his Spring 2006 commencement address. "She didn't even blink she thought it was the greatest idea."
The time Votaw spent pursuing his degree was, he hopes, not only good for him, but for his children as well.
"I hope that my example has shown my children, not only the value of education, but also to seek and make the most of it while you are young," he says.
Votaw joins a select group of other Woodruff scholarship winners, including: Phillip Bretsch, Ali Bryant, Liz DiLorenzo, Caleb McKinley, Rodd Miller, Ann Mott, Rey Ross, Michael Scafuri, Jacob Schwartz, and Elsa Vasquez.
Policy Advisory Board Executive Committee member Dan Mulvihill has been selected to receive the 27th annual "Nice Guy of the Year" award from the Nice Guys of San Diego organization. Each year, the award goes to someone who has given their time, money, and support to help San Diegans improve their lives.
Apart from his long-standing commitment to USD's Burnham-Moores Center, Dan has also given generously of himself to numerous business and community organizations throughout the area. He was past chairman of the board and founder of the Mercy Hospital Foundation and chairman of the Presidents Club at the University of San Diego. He currently serves on the board of the Mercy Hospital Foundation and the national board of the American Ireland Fund, which is dedicated to raising funds to support programs of peace and reconciliation, arts and culture, education and community development throughout Ireland.
Founded in 1979, Nice Guys of San Diego is a non-profit, all-volunteer organization of more than 150 men and women. The group's charitable contributions now total more than $6 million, and 100 percent of every dollar received goes to needy recipients. Previous recipients of the Nice Guy Award include Burnham-Moores Center supporters Malin Burnham, John Moores, Ernie Hahn, Tawfiq Khoury, and John Lynch.
The award presentation will be held Sept. 30 at the Town and Country Resort and Convention Center.
Burnham-Moores Center Welcomes Three New Employees
The Burnham-Moores Center welcomes three new additions to its ranks: Mr. John Demas, Esq., as instructor, Dr. Rohit Kishore, who joins the Center as a tenure-track assistant professor, and Jeryldine Tully, communications director, who will enhance the Center's marketing, media relations, and fundraising activities.
John Demas is thrilled to bring his legal, title insurance, hotel management, and accounting experience into the Burnham-Moores classroom, where he will be teaching two undergraduate classes this semester. He practices law in California and Colorado, focusing on real estate and related corporate matters. John graduated from law school at the University of Denver and earned his MBA from New Mexico State University. He is passionate about teaching and enjoys opening eyes and doors for our students. John is happily married to his wife of 12 years, and spends his spare time chasing after his two children.
Originally from Fiji, Rohit earned his Ph.D. from the University of Western Sydney, where he specialized in real estate finance and investment.
Rohit began his career as a commercial appraiser for the Government Valuation Office in New South Wales, Australia, where he worked from 1980-1994. He joined the faculty of the University of Western Sydney in 1995 as a lecturer in the School of Finance and Real Estate. He became an assistant professor in the School two years later and a tenured senior assistant professor in 2000. While at the University of Western Sydney, Rohit spent two weeks in the spring of 2005 as a visiting professor in the Burnham-Moores Center at USD and the summer of the same year as a visiting professor in the postgraduate real estate program in the European Business School at Frankfurt, Germany. He served as a visiting professor at the University of Auckland in New Zealand in the summer of 2006 before arriving in San Diego this August.
During his first semester at the Burnham-Moores Center, Rohit will be teaching three undergraduate classes and developing his research agenda. In his spare time, he is happy to entertain questions regarding all matters Australian, which Americans never seem to tire of asking.
After graduating from the University of Missouri's School of Journalism in Columbia, Mo., Jeryldine Tully entered Georgetown University's Institute on Political Journalism. Following the program's completion, Jeryldine remained in Washington, D.C., and went to work as an editor at a nursing association before joining Nicholas Hall & Co., a British publishing firm which covers the international pharmaceutical industry. Jeryldine worked in the Securities and Exchange Commission press room for States News Service before returning to the Midwest. In St. Louis, she worked initially as a free-lance writer for the St. Louis Post-Dispatch and the Associated Press before joining the Federal Reserve Bank of St. Louis as a senior editor. She left the Fed after eight years to try her hand in the more creative world of advertising, before finding what came to be her true professional calling: higher education. Jeryldine has worked for Webster University as editorial director in the Marketing & Communications Department, St. Louis College of Pharmacy as the director of public relations and publications in the Advancement Office, and now, USD's Burnham-Moores Center for Real Estate as communications director. Jeryldine is currently co-producing a book that chronicles the personal history of World War II veterans. She holds dual Irish citizenship and is an avid runner, having completed the St. Louis and New York City marathons.
Dr. Charles Tu has been selected as the Burnham-Moores Center's first Teacher of the Year. Charles was chosen for the honor by the MSRE Class of 2006, who cast their anonymous ballots from a list of their Fall 2005 and Spring 2006 instructors. Charles learned of the award at the July 1 commencement ceremony, during which class valedictorian Jesse Votaw announced it.
Charles earned his Ph.D. in Business Administration from George Washington University (GWU) in 1999 and received the Chartered Financial Analyst designation in 2000. Before becoming an associate professor at USD, he taught real estate and finance courses at GWU and Cal State Fullerton, where he received the Outstanding Teacher/Scholar award in 2002. Charles is dedicated to teaching excellence and to conducting applied research that helps improve real estate and business decision-making.
His research agenda covers a variety of topics, including housing valuation, smart growth and the new urbanism, commercial mortgage-backed securities (CMBS), Real Estate Investment Trusts (REITs), multi-family housing, and retail shopping centers. He has published articles in leading academic journals, and the findings of his research have been cited in major newspapers such as the Wall Street Journal, the Washington Post, and the Atlanta Journal-Constitution.
Alumni Dinner with MSRE students at the Aladdin Mediterranean Café, Hillcrest: Cost is $10 per person (includes soft drinks, tax, and gratuity) and an array of Mediterranean hot and cold appetizers, beef and chicken kabob, and dessert. R.S.V.P. by Oct. 6 to MSRE student Mary Ann Yaghdjian
· Thursday, October 12, 2006, 2006
The Burnham-Moores Center for Real Estate is committed to delivering outstanding education, industry outreach, career placement, and research services to advance socially responsible leadership in real estate.
University of San Diego, 5998 Alcalá Park, San Diego, CA 92110-2492