The program offers academic and practical knowledge for achieving success in the property development sector of the real estate industry. The courses provide fundamental real estate knowledge, specific real estate development process knowledge and project efforts that are applicable to many careers within the industry.
“The certificate program is ideal for students who have experience in commercial real estate, however, students with residential real estate experience will also benefit from the concepts, application, and analysis provided in the courses,” said Collete English Dixon, executive director of Roosevelt’s Marshall Bennett Institute of Real Estate. “It also provides the flexibility for those who complete the program to apply earned credits toward a graduate degree at a later date.”
For more information on the certificate program, contact Collete English Dixon at cenglishdixon@Roosevelt.edu or (312) 341-3767.
The Institute also offers an undergraduate major in real estate toward a Bachelor of Science in Business Administration degree and two graduate degree programs, the Master of Science in Real Estate and the Master of Business Administration with a concentration in Real Estate. These degree programs offer specialized classes and an inter-disciplinary approach combining urban economics with “hands-on” real estate learning.
Since its founding in 2002, the Marshall Bennett Institute of Real Estate has grown to become one of the most diverse graduate real estate programs in the country and has more than 300 graduates, many of whom work at Chicago firms. For more information, please visit www.roosevelt.edu/realestate.
Important information about the educational debt, earnings, and completion rates of students who attended this program can be found here.
MBIRE Advisory Board member, Molly Phelan of Siegel Jennings, authored this article on the Cook County considerations about real estate taxes.
The Cook County Assessor is proposing a law that would drastically change the property tax appeal process in Illinois, which, according to Phelan, is not for the better.
In short, the proposed changes would implement tougher reporting standards and require more in-depth analysis and understanding to lower Assessed Values. These laws are implemented in other states (Ohio, Pennsylvania, New Jersey & Washington DC) where our firm successfully represents our national clients against unfair assessments.
One solution to the pending workforce shortage in commercial real estate is education – and the earlier, the better, says Collete English Dixon.
“The real estate industry, in some respects, is not very transparent to young people looking to make career decisions,” she says. “They may think real estate is interesting, but they’re not really sure of all the roles you can play, and some of that lack of transparency is making it hard to compete for students. We’ve got to do better in that.”
The spring semester is in full swing at the Institute and the University. While the spring semester is often overshadowed by the anticipated graduation in May, the spring is also a great time for us to advance new academic initiatives and work on student enrollment for future semesters.
We now have some declared real estate majors in the undergraduate program and we are working closely with the University’s enrollment office to expand that group through transfer students and freshman recruiting. An upcoming summer program, a 12-day intensive in real estate that is targeted to rising juniors and seniors in high school, will hopefully broaden awareness of both the industry as a strong and exciting career path and of our program and its benefits for preparing young talent for the industry. I will share more details on this summer program next month.
As you know, real estate industry talent does not have to come from academic backgrounds totally focused on real estate. In recognition of that, we are working through the approval process to establish a real estate minor in the Heller College of Business so that undergraduate students in other majors, within or outside of the Heller College, can take real estate courses and potentially choose to pursue careers in the real estate industry.
On the graduate level, we are excited about the Graduate Certificate programs that we expect to launch this fall. These certificates, which initially will be in Real Estate Finance and Investment and in Real Estate Development, will be complements to the MSRE and MBA-RE degrees, providing graduate level knowledge for anyone interested in the industry or needing additional educational training for their careers, but who don’t think that completing a degree program is necessary or desired. There are many ways to provide knowledge and to help train and develop industry talent and these certificates are just the beginning of many creative educational initiatives we are considering.
I want to express my appreciation to the Institute Advisory Board, industry leaders who give their time and other resources to support our student success and our Institute’s efforts. We are excited to welcome three new Board members, Molly Phelan of Siegel Jennings; Kathy Hurst of Moran and Company and Bija Bennett, who is committed to carry on the involvement and support provided by her dad, Marshall Bennett, and The Bennett Family.
If you have an interest in working with us to advance the development and education of the future leaders of the real estate, please contact me at cenglishdixon@roosevelt.edu.
Adrian Smith and Gordon Gill were Honored at the Seventeenth Annual Marshall Bennett Institute of Real Estate Annual Gala
On November 8, Adrian Smith and Gordon Gill, the leaders of renowned Chicago architecture firm, Adrian Smith + Gordon Gill Architecture (AS+GG) were honored with the Lifetime Industry Leadership Award. More than 450 industry leaders attended the gala which was held at the Four Seasons Hotel, Chicago.
Also honored were founders Anthony Pasquinelli, Gerald Fogelson and Marshall Bennet. Mr. Bennett passed away earlier in the month, and a tribute video was shown in his honor.
Dennis Harder was given the Distinguished Service Award in recognition for his many years as an adjunct professor.
Adrian Smith, FAIA, RIBA is an architect of international renown, having designed Burj Khalifa, the world’s tallest structure, as well as the soon to be completed new world’s tallest tower, Jeddah Tower now under construction in Saudi Arabia. He was a partner in the firm of Skidmore, Owings and Merrill (SOM) from 1980 through 2006 and was its Chairman in 1994 through 1995. During that time, he was responsible for the design of many notable and landmark structures including Rowes Wharf in Boston; as well as the Trump International Hotel + Tower, ATT and USG Headquarters Towers, NBC Tower, the Lakeshore East Master Plan, and the Millennium Park Master Plan, all in Chicago. His international projects include Broadgate/Bishopsgate Tower, 10 Ludgate Place, and the Canary Wharf Master Plan all in London, United Kingdom; Jin Mao Tower in Shanghai China; and Zifeng Tower (formerly Nanjing Greenland Financial Complex) in Nanjing, China.
In 2006, Adrian established Adrian Smith + Gordon Gill Architecture (AS+GG)with design partnerGordon Gill, FAIA and management partner, Robert Forest, FAIA. The firm is dedicated to the design of large-scale, highly complex, high-performance, and sustainable architecture on an international scale, embracing the concept of Global Environmental Contextualism. AS+GG’s first design was Clean Technology Tower in Chicago, Illinois, designed as the firm’s first net-zero energy tower. Other prominent projects now under construction include Central Park Tower in New York City, soon to be the tallest residential tower in the United States; Burj Vista and the Uptown District Tower, both in Dubai; and Wuhan Greenland Tower and Chengdu Greenland Tower, two supertall towers in China. Adrian’s work has been honored with over 145 Chicago AIA, National AIA, and International Design awards, including 3 ULI Awards for Excellence. He has received the 2011 Lynn S. Beedle Lifetime Achievement Award from the Council of Tall Buildings and Urban Habitat (CTBUH) as well as an Honorary Doctorate of Letters Degree from Texas A&M.
Gordon Gill, FAIA, is one of the world’s foremost exponents of performance-based architecture. Prior to co-founding AS+GG with Adrian Smith and Robert Forest, he was an associate partner at SOM, where he had the distinction of being responsible forPearl River Tower in Guangzhou, China, designed as the world’s first net-zero-energy supertall. Since then, his designs include the world’s first large-scale energy-positive building, Masdar Headquarters; the world’s next tallest tower, Jeddah Tower;Expo-2017, which included the sustainable master planning and architecture for last year’s international exposition in Astana, Kazakhstan, as well as the upcoming Dubai Expo2020 hallmark project: Al Wasl Plaza.
Gordon’s designs share a keen awareness of local environmental conditions as they capitalize on physical, social,and environmental features to maximize building performance. These ecological strategies are legible in his projects’ architectural vocabulary and are a hallmark of his philosophy,Form Follows Performance.Gordon’s work has been globally recognized with over 100 architectural awards including severalAIA National awards. He continues to expand his contribution to the practice of Architecture through his teaching at his alma mater, Harvard University and most recently serves as an advisor on urban and architectural design for the leadership of his birthplace country of Jamaica.
AS+GG’s practice is defining the buildings and the cities of the future around the globe from their studio in Chicago. Since the firm’s inception in 2006, the firm has continued to design dozens of large-scale projects, bothnationally and internationally including, 160 Front Street in Toronto, currently under design; Tribune East Tower in Chicago, which once completed will be the second tallest tower in Chicago; and Al Wasl Plaza, the engaging centerpiece of Dubai EXPO-2020, which will be the world’s largest immersive projection experience at the next international exposition.
AS+GGpractices within a range of scales from megaprojects to the more intimate, including the beautiful bronze-clad Waldorf Astoria Hotel in Beijing; the framework plan for the Pullman Historic District in Chicago; the new Willow Creek North Shore in Glenview, Illinois;at Navy Pier, The Yard at Chicago Shakespeare Theater; as well as the recently completed Chicago Architecture Center for the former Chicago Architectural Foundation. The firm has also influenced the built environment around the world with recent master planning efforts including several new satellite cities in China, the master planning of Astana Expo City, the legacy master plan for Expo-2017’s international exhibition in Astana, and the sustainable legacy plan for Expo-2020 in Dubai.In 2011, AS+GG published the nationally awarded, Toward Zero Carbon: The Chicago Central DeCarbonization Plan, which laid out a vision for achieving Chicago’s carbon goals for 2030.
AS+GG has been listed as one of the top 10 firms in the nation by Architect Magazine for the past six years, garnering the number one position in 2015. The firm has won over 150 international, national, and local design awards in their 12-year history. They have also been honored for excellence in architecture and urban planning from the Society of Architectural Historians in 2013 and received the Vision into Reality Award from the Streeterville Organization of Active Residents (SOAR) in 2009.
All proceeds benefit the student and industry education programs of the Marshall Bennett Institute of Real Estate in the Heller College of Business at Roosevelt University.
Congratulations to MBIRE grad Darius Munchow on his promotion at Waterton where he previously served as Corporate Hospitality Intern. In his new role as an Analyst, he is assisting with Waterton’s current hotel portfolio. He will be focusing on their financial goals, budgets, financing, and ensuring that all properties run smoothly. Darius obtained his Masters of Science in Real Estate this summer.
Severa Davis
Congratulations to alumnae and Goldie Scholar Sevara Davis, MBA – RE: August 2008, who was recently promoted to Director of Real Estate at Chicago Public Schools, where she manages a real estate portfolio of over 60 million SF, including 740 school properties, parking lots, administrative offices, vacant land, and more than 400 leases and/or license agreements.
She previously worked at the GSA, was a Regional Facility Manager for JLL and an Asset Manager at the IL Housing Development Authority. Sevara was also a Realtor at Keller William Realty. She earned her BS in Finance and MBA, Real Estate from Roosevelt University, where she was a Goldie Scholar.
Irene Papierek
Irene Papierek, Property Manager at Lillibridge Healthcare Services, has been named one of Goldie’s Scholars! Irene is pursuing a Master of Science in Real Estate and currently manages approximately 400,000 square feet of medical office space in Chicago’s western suburbs. She is active in BOMA/Suburban Chicago and is a licensed Illinois real estate broker. MBIRE helped to launch the Goldie Initiative in 2007.
Andrew Griffin
Andrew Griffin has been named Talent Coordinator for Trudo Realty, a full-service Brokerage focused on rental finding services. In this role, he will be overseeing the growth of the business by onboarding new agents, guiding them through the training program, and keeping up with their successes.
Kiana Richard
Kiana Richard has been selected as one of NAIOP Chicago’s 2018/2019 scholars. In addition to the tuition assistance, the recipients of the University Scholarship also receive a one-year NAIOP membership, and many other benefits.
Dr. Tom Hamilton, MAI, CCIM, CRE, FRICS, Gerald Fogelson Distinguished Chair in Real Estate, Academic Chair, Chicago School of Real Estate was interviewed on YesCollege podcast to talk about careers in real estate and the new undergraduate degree being offered next fall. Discussion points included:
What real estate is as a field of study.
What career opportunities graduates with real estate degrees can pursue.
How undergrad real estate programs are structured.
His thoughts on the real estate field as a whole and its future.
The type of person/student who would be a good fit for studying real estate.
Thoughts on the industry such as upcoming trends and technologies.
On April 5, real estate industry leaders and students gathered for the Spring 2018 Gerald Fogelson Forum on Real Estate at the Marshall Bennett Institute of Real Estate, (MBIRE), Roosevelt University. Community Investment Corporation (CIC) President Jack Markowski led a panel presentation with colleagues Andre Collins and Anthony Oliver about the future of affordable housing in Chicago.
