A Peek at University CRE Program Professors’ Résumés

July 09, 2015

Globe St.

Industry experience runs broad and deep in these programs, faculty members tell GlobeSt.com. We spoke exclusively with several university commercial real estate program professors to find out what type of real-life real estate industry experience most have had and what they bring to the table. Also read our feature about what types of careers graduates of these programs can expect to have, and stay tuned for an upcoming in-depth feature on the evolution of university commercial real estate programs in Real Estate Forum’s July/August issue.

GlobeSt.com: What real estate industry experience do the professors who teach university-level commercial real estate courses typically have?

Jeff Engelstad, CCIM, clinical professor, Burns School of Real Estate & Construction Management, Daniels College of Business, University of Denver: That varies across the board from program to program. When I’m talking to students, I encourage them to look into that, to ask what their experience is and what they have really done. Maybe they never did a real estate deal in their lives, and that’s not what a lot of students are looking for. When they’re looking at programs, I tell them to look at the practical bent of the faculty. Because real estate is such an applied discipline, you tend to find more faculty members involved/engaged in the business, whether they do corporate consulting or some other aspect of the industry. Real estate is not as ivory tower as other disciplines, in my opinion, and this is good. My role at the University of Denver is one of a clinical professor or professor of practice, so the amount of work I publish in journals is minimal, but my involvement in the industry is strong. I’m an academic, but I’m also involved in real estate development and investment projects.