Breaking News
Transactions-Based Index (TBI):
2008 Q2 Update
August 5, 2008
Results for the 2nd quarter of 2008 show a 2.7% decline in the capital return for the properties sold in the NCREIF database. The demand-side index continued to fall, by 2.7 percent and the supply side of the market also decreased its reservation prices by 2.8 percent in the second quarter.
Click here for the latest Press Release
Learn more!
Moodys/REAL Commercial Property Index (CPPI): August Update
August 26, 2008
The latest results of the Moodys/REAL CPPI show a decrease of 3.2% in June for the all properties national index. Click here for Press Release on MIT-RCA index launch
MIT/CRE Professor Frenchman in WSJ Describes the New Designer Cities
July 25 , 2008
Until recently, architects created buildings, while urban planners organized space and infrastructure. That's changing as developers and governments now seek prominent architects to do both – integrate buildings and spaces in plans that can be marketed as the visionary expression of a brand-name artist. "We are seeing an emergence of a new industry," says MIT/CRE professor Dennis Frenchman. "It's not real-estate development; it's not architecture; it's not city planning. All I can do is name it 'the city-building industry.' Download article (pdf, 141K) or visit WSJ online.
More Breaking News>>
Recovery is Coming, Wheaton Says, But Not Necessarily the Way You Expect It
Posted June 11, 2008
A recovery of the real estate market is "in the works" — that’s the good news from William Wheaton, Professor of Economics with the MIT Center for Real Estate. Wheaton shared his news as keynote speaker for the Center’s annual spring symposium, which drew a large crowd of real estate professionals, alumni, and students to the MIT Faculty Club on May 16. Wheaton stressed, however, that when and how the recovery will occur both remain to be seen. Read full article.
Fellowship Honors Industry Icon
Blake Eagle has been called the father of the real estate investment industry. He has also been praised for greatly expanding the Center's reach in his tenure as Chairman, meanwhile serving as a devoted mentor to its students. To honor his contributions and to establish a living legacy that supports students of the Center, the Blake Eagle Fellowship Fund has been created to provide tuition support to a candidate for MIT's Master of Science in Real Estate Development. Full story.
Highlights
DATE CHANGE:
MIT Center for
Real Estate
Open House
November 17, 2008
The MIT/CRE Open House offers a wealth of information about the MSRED program, the Center, and about MIT. In addition to a brief presentation by the Center Director, there will be opportunities to hear from alumni, current students, and faculty followed by a reception. You can also take advantage of our Student Host program, as well as sit in on a class.
Register Now!
After 10 Year Wait, Real Options Project Takes the Option: New Article
Updated May 31, 2008
After a decade in operation, Blue Cross/Blue Shield headquarters in downtown Chicago has begun its long-awaited vertical expansion. Among the world's most iconic expressions of real options theory, the building was erected in the 1990s to extend vertically while in full operation. Expansion from 36 to 60 floors is now underway, and the project team visited MIT/CRE to share their innovative solutions to the job's unique challenge. Read new article.
Download Overview (pdf, 146K)
Featured Alumni Project: Clayton Lane Transforms District
July 23 , 2008
Randy Nichols '89 and his Denver-based Nichols Partnership have helped to transform the city's Cherry Creek district with "Clayton Lane" – a 700,000 SF mixed-use development that includes world headquarters for the Janus Capital Group (shown above). Learn more.
More Recent Features>>>
