Hartford Business Journal – During the first quarter of 2017, Connecticut’s economy, as measured by real output or gross state product (GSP), contracted below where it was in 2004. After seven years of contraction from 2008 to 2014, the economy managed a modest 2 percent gain in 2015, only to retreat to essentially zero growth in 2016 and a sharp decline in early 2017.
Finance
Economic Diversity Cushions Danbury Region from Unemployment
Greenwich Time – Since 2002, and throughout the Great Recession, Danbury and nearby towns enjoyed an unemployment rate two to three percentage points lower than the nation, the state and the cluster of cities and towns along the Gold Coast.
ICSC Bill Holmes/Hart Realty Advisers Scholarship
Kyle Ernest and Zitao Zhang received the ICSC Foundation Bill Holmes/Hart Realty Advisers scholarship. Thanks to the generosity of John Hart, Hart Realty Advisers and the loyal friends and family of William Holmes, the students received $3000 and a one year student ICSC membership. Ernest is a senior graduating in December 2017. He is currently interning as a valuations analyst at UBS and will be joining the Cushman and Wakefield Prep Program in September 2018. Zhang is a junior and is seeking an internship for the summer.
Down, But Not Out: Experts See Future for UBS in Stamford
Stamford Advocate – An embattled investment banking giant has downsized significantly in recent years in Connecticut. But a departure does not appear imminent.
A Glimpse at Silicon Valley’s Cryptocurrency Craze: A Melding of Reality, Fantasy and Hype
MarketWatch – The hype that has fueled the skyrocketing prices of bitcoin and other cryptocurrencies was on full display this week in San Francisco, where a conference showcasing young companies seeking to catch the crypto wave before it crests offered a perplexing mix of a fantastical future and likely reality.
National Valuation Consultants Inc. Speaks to Students
On November 7, 2017 John Monaco and Betsy DiPaulo from National Valuation Consultants Inc. spoke to the Real Estate Society and students interested in valuation. Monaco and DiPaulo spoke of valuation of properties with NVC and in New York City, auditing and the necessary steps to value.
Student Real Estate Experience Program
2017 SIOR Fall World Conference
This October, SIOR held its annual Fall World Conference in Chicago. The Student Real Estate Experience Program is designed to allow undergraduate and graduate students with a strong interest in real estate to attend, sponsored by SIOR. After an application process, UConn student Kelly Yates ’18 was selected to attend the conference. Says Kelly, “This was an excellent opportunity for me to meet and learn from a wide range of real estate professionals from across the country and the world.” She was able to attend a number of events and hear speakers from the industry discuss key topics and trends.
The UConn Center for Real Estate would like to thank SIOR Global and the Connecticut/Western Massachusetts SIOR Chapter for their continued support of its students.
Boston Capital Markets Luncheon
On October 27, 2017, The University of Connecticut Real Estate Center Council and TA Realty hosted the 2nd Annual Boston Capital Markets Luncheon presentation at the Bostonian Hotel, 26 North Street, Boston MA. Continue Reading
Hartford Parking Symposium
Reinvigorating Cities, Redeveloping Parking Craters
On October 20, 2017, The University of Connecticut Geography Department and Real Estate Center hosted a Parking Symposium – Reinvigorating Cities, Redeveloping Parking Craters. Continue Reading
CREW Boston Educational Foundation Scholarship
Each year, CREW Boston awards a scholarship to a female student who demonstrates an interest in the commercial real estate industry. The student must display a passion for commercial real estate and a desire to work in the field upon graduation. University of Connecticut student Kelly Yates ’18 was awarded the scholarship this year. Kelly currently serves as the president of the UConn Real Estate Society and is pursuing a career in commercial real estate upon graduation in May.
The UConn Center for Real Estate would like to thank CREW Boston for its continued support of our students.