Real Estate


UConn Real Estate Students Finish Third in Prestigious International Competition

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(11/12/2014) – A team of real estate students from the University of Connecticut School of Business earned third place in a prestigious international case competition on November 4 in New York City, sponsored by Cornell University.

The UConn team consisted of William BartolDrew HarneyAustin SmythKristine Victor and Patrick Nista.  Francesca Michel was the alternate.Continue Reading


12th Annual Real Estate Center Awards Banquet

(5/8/2014) – The 12th Annual Real Estate Awards Banquet was held at the South Campus Ballroom on Thursday, May 1. The special occasion recognized outstanding students, alumni, and scholarship recipients.

The following alumni and students were recognized for their achievements:

Lifetime Achievement Award: Daniel Ferraina, Ferraina Companies

Distinguished Alumni: Michael Riccio, CB-Richard Ellis Capital Markets

Alumni of the Year: Bradford Wainman, Simon Konover Development Corp.

Early Career Alumni: Kelsey Rath, Talcott Realty Investors, LLC

Organizational Partner: Greater New Haven Association of Realtors

Excellence in Research: Professor Carmelo Giaccotto and Professor Thomas Miceli

Students of the Year: Frances (Frankie) Gibbons and Andrew Kelly

Other student award recipients included: Nicolas Chapman, Tyler Cormier, Julia Dumaine, Andrew Harney, Scott Howard, M. Connor Lyman, Matthew McCandless, Cole McQuilken, Johncarlo Morales, Benjamin Napoli, Bridget O’Malley, Laura O’Malley, Ryan Powers, Peter Rodriguez, Colby Schaefer, Austin Smyth, Melissa Touger, Kristine Victor, and Hui Zhang.


Real Estate Professor Admitted to U.S. Supreme Court

UConn Center of Real Estate and Urban Economic StudiesA professor at the UConn Center for Real Estate and Urban Economic Studies was recently admitted to practice law before the United States Supreme Court. Attorney Lucy Michaud, whose areas of expertise are real estate and business law, has been working with the real estate center at the School of Business as asst. ext. professor and a liaison to the Department of Consumer Protection.

Michaud was among 14 attorneys invited to apply for the special designation by the Phi Alpha Delta Law Fraternity, International (P.A.D.). The accepted group was inducted to the Supreme Court of the United States in a ceremonial ritual on June 2, as part of the 48th annual P.A.D. Day held in Washington, D.C.

Phi Alpha Delta Law Fraternity, International is the largest co-ed professional law fraternity in the United States. Justices Samuel Anthony AlitoStephen G. BreyerRuth Bader GinsburgElena Kagan, and Sonia Sotomayor are all P.A.D. members. Following the swearing-in ceremony, Justices Ginsburg and Sotomayor visited with the group to individually meet the inductees.

Pictured: Lucy Michaud (front, right) and P.A.D. members pose with Supreme Court Justice Sonia Sotomayor (front, center).


12th Annual Real Estate Center Awards Banquet

The 12th Annual Real Estate Awards Banquet was held at the South Campus Ballroom on Thursday, May 1. The special occasion recognized outstanding students, alumni, and scholarship recipients.

The following alumni and students were recognized for their achievements:

 

  • Lifetime Achievement Award: Daniel Ferraina, Ferraina Companies

 

  • Distinguished Alumni: Michael Riccio, CB-Richard Ellis Capital Markets

 

  • Alumni of the Year: Bradford Wainman, Simon Konover Development Corp.

 

  • Early Career Alumni: Kelsey Rath, Talcott Realty Investors, LLC

 

  • Organizational Partner: Greater New Haven Association of Realtors

 

 

  • Students of the Year: Frances (Frankie) Gibbons and Andrew Kelly

Other student award recipients included: Nicolas Chapman, Tyler Cormier, Julia Dumaine, Andrew Harney, Scott Howard, M. Connor Lyman, Matthew McCandless, Cole McQuilken, Johncarlo Morales, Benjamin Napoli, Bridget O’Malley, Laura O’Malley, Ryan Powers, Peter Rodriguez, Colby Schaefer, Austin Smyth, Melissa Touger, Kristine Victor, and Hui Zhang.


UConn Real Estate to Present at International Conference on Residential Housing Policy in China

The UConn Center for Real Estate and Urban Economic Studies is playing a key role in the International Conference on Residential Housing Policy in China, taking place at the end of July in Shenzhen. The conference will focus on housing policies and systems in China after twenty years of reform in their housing market system. The UConn Real Estate Center co-sponsored the conference together with the Shenzhen Real Estate Research Center and the Real Estate Research Institute at Tsinghua University.

Two UConn professors are among five guests from the United States invited to make presentations to an audience of Chinese scholars and government administrators. Professor and Center Director John Glascock will be discussing housing markets development and Professor Katherine Pancak will be discussing real estate law issues. The additional U.S. speakers asked to share their expertise in housing policy are Professor Robert Edelstein from the University of California-Berkeley, Dr. Alex Schwartz, author of “Housing Policy in the United States,” and Frank Nothaft, chief economist at Freddie Mac.


22nd Annual Connecticut Commercial Real Estate Conference

On May 9, 2013, the UConn School of Business Center for Real Estate and Urban Economics hosted its 22nd Annual Connecticut Commercial Real Estate Conference at the Hartford Marriott Farmington. The conference this year was sponsored by The Center for Real Estate, CT Chapter of the Appraisal Institute, Connecticut Association of REALTORS, Inc., The Connecticut Attorney’s Title Insurance Company, and The Simon Konover Company.

The notable speakers this year included Steven Lanza, executive editor of The Connecticut Economy, who spoke about the economic forecast in the commercial real estate industry. A panel discussion ensued where UConn Center for Real Estate Director John Glascock and Peter M. Gioia of The Connecticut Business and Industry Association discussed the state of the economy and Connecticut Economic Development. Speaker Brad Hutensky, chairman of the International Council of Shopping Centers, gave a presentation on the global realty market and how it is currently expanding, and speaker Dags Chen of Cornerstone Research presented his findings on the Hartford and Stamford office markets.

For more information on the annual Connecticut Commercial Real Estate Conference, click here.


Katherine Pancak named among Inman News’ Top 100 Most Influential Real Estate Leaders

Inman News, a national real estate news service, has named Katherine Pancak, professor in residence of finance and real estate at the University of Connecticut in Stamford, among its 100 Most Influential Real Estate Leaders for 2013. The ‘Top 100’ list “recognizes those who embody leadership, ingenuity, strength, conviction, power, persistence, perseverance and progress—their voices and actions can move the industry toward change.”

Professor Pancak conducts research on real estate brokerage, real estate agency, and consumer protection and public policy. Her research on real estate law topics has been published in the Journal of Real Estate Research, the Journal of Real Estate Finance and Economics, the Real Estate Law Journal, and the Boston College Environmental Law Review. Pancak has also developed pre-licensing and continuing education course materials for real estate licensees.

Other influential real estate leaders named among the Inman 100 include the Vice President and Chief Economist of Fannie Mae, the Senior Vice President and Chief Economist of the National Association of REALTORS®, the Chief Economist of Zillow and the newly appointed Director of the Consumer Financial Protection Bureau.

» Read more about Dr. Katherine Pancak

» Read the full Inman 100 report, “100 Most Influential Real Estate Leaders”

» Learn about the University of Connecticut School of Business Center for Real Estate and Urban Economic Studies


4th Annual Cornell Real Estate Competition

On November 15, 2012, a team of undergraduates from the University of Connecticut School of Business placed among the top three universities in the Fourth Annual Cornell Real Estate Case Study Competition in New York City.

Fifteen of the best international undergraduate real estate programs were represented as they vied for the top spot. Teams were judged on their approach, analysis and presentation skills in solving a real estate investment case based on a real-world transaction. The UConn team, which consisted of Michael Hovey ’13, Brian Kaukas ’13, Mallika Winsor ’13, TJ Mills ’12, Frances Gibbons ’14 and Austin Smyth ’15, received the case on Saturday, November 10th and worked endlessly to come up with the best solution. The team made their presentation on November 15th to a panel of prominent industry judges. The UConn team won their group and advanced to the final round where they presented to all participating schools and judges. Among the other final round teams (University of Pennsylvania and Indiana University), UConn was the only team to recommend the actual course of action taken in the real-life transaction down a few percentage points.

Other schools to participate in the case study included first place winner, University of Pennsylvania, The Wharton School of Business, Chinese University of Hong Kong, Cornell University, Indiana University, Maastricht University, New York University, Pennsylvania State University, Renmin University of China, University of Cambridge, University of Guelph, University of Michigan, University of North Carolina, University of Wisconsin at Madison and Villanova University.


Center for Real Estate and Urban Economic Studies Releases Real Estate Markets Update

The Center for Real Estate and Urban Economic Studies at the University of Connecticut School of Business has released its latest update on Connecticut Real Estate Markets.

Connecticut housing markets showed significant signs of improvement according to preliminary numbers for the third quarter of 2012. In a typical town and metropolitan area, prices in the third quarter were virtually unchanged from a year ago. Moreover the number of transactions was up by more than 20%, confirming a pattern of increases.

For more information, access the report here: “CT House Prices 2012 3rd Quarter”


CREW 2012 Scholarship Recipient: Brittani Clayton

Brittani Clayton, daughter of Jim and Sue Clayton of Simsbury, Connecticut, is a recipient of the Commercial Real Estate Women (CREW) Network National Scholarship. CREW is a national organization that promotes and encourages young women to enter the commercial real estate field and to connect with real estate professionals. Applicants were selected nationwide for the scholarship.

As a scholarship recipient, Brittani will be a CREW guest at their annual convention in Chicago, Illinois October 24 – 27th. The convention is an excellent opportunity to network with men and women nationwide and will afford the opportunity to learn about the current topics of discussion within the field.

In addition to receiving the scholarship, Brittani will also have the opportunity to participate in internship opportunities. CREW also offers a 12 month e-mentoring program that will allow recipients to work with professionals in the field on their goals. Brittani also received a free membership to CREW network which will allow her to connect with the 6,000 members nationwide. Congratulations to Brittani on this national recognition.

Brittani is entering her senior year at the University of Connecticut School of Business and is an intern this summer with GE Real Estate in Albany, NY.