Norm Miller

Norm Miller
Phone: (619) 260-7939
Office: Avila C110

Hahn Chair of Real Estate Finance

  • PhD, The Ohio State University, Real Estate and Finance
  • MS, The Ohio State University, Finance
  • BS, The Ohio State University, Real Estate and Urban Analysis

Norm Miller is the Hahn Chair of Real Estate Finance at the University of San Diego School of Business and is affiliated with the University’s Burnham-Moores Center for Real Estate. Prior to joining USD, he was at the University of Cincinnati for many years where he was academic director and founder of the real estate center.

Miller is active on the editorial board of several journals and is past president of ARES, the American Real Estate Society. His book Commercial Real Estate Analysis and Investment with Geltner, Eichholtz and Clayton is in its third edition; it is the leading graduate-level textbook in this field. Miller has worked extensively with various trade associations and is a sought-after speaker on commercial real estate trends. In 2009 he founded the Journal of Sustainable Real Estate, an international peer-reviewed journal dedicated to issues of sustainability in real estate, and he served as its editor for the first eight volumes. Miller is also a faculty and board member at the Homer Hoyt Institute, a think tank, and he previously served as vice president of analytics for the CoStar group from 2010-11.


Areas of Expertise

Real estate, valuation, automated valuation models, data mining, real estate market forecasting, sustainability, mortgage risk analysis, sustainable business strategies, public policy issues, real estate financial market outlook, commercial and residential real estate trends, office space and workplace trends


  • NAIOP Distinguished Fellow, 2001-2013
  • NAIOP Impact Award, 2004
  • Ratcliff Award, ARES, 2013
  • University Professor, 2013
  • James A. Graaskamp Award, ARES, 2015

Selected Publications

  • Geltner, D., Miller, N., Clayton, J., Eichholtz, P. (2014) Commercial Real Estate Analysis and Investment Volume 3, Cengage Learning(3).
  • Miller, N. (2014) Workplace Trends in Office Space: Implications for Future Office Demand, The Journal of Corporate Real Estate, 16(3), 159-181.
  • Li, L., Miller, N. (2016) Fat Tails, Skewed Losses, and Potential Risk Mitigation: Evidence from the Residential Mortgage Market, Journal of Real Estate Portfolio Management, 22(1), 91-101.
  • Kok, N., Miller, N., Morris, P. (2012) The Economics of Green Retrofits, Journal of Sustainable Real Estate, 4(1), 4-22.
  • Miller, N., Pogue, D., Gough, Q., Davis, S. (2009) Green Buildings and Productivity, Journal of Sustainable Real Estate, 1(1), 65-89.

Conferences and Presentations

ERES (European Real Estate Society)

MIPIM (Marché International des Professionnels d’Immobilier)

ARES (American Real Estate Society)

AREUEA (American Real Estate and Urban Economics Association)

Homer Hoyt


Appraisal Institute