Leveraging Science, Developing Innovation
building: mcgovern institute for brain research

25th Anniversary MIT Center for Real Estate professor Bill Wheaton will address market dynamics, and Urban Studies and Planning professor Bish Sanyal will discuss his work in international development. Learn More
Date: Tuesday, February 23, 2010
Time: 7:15am until 8:45am
RSVP: Click here to RSVP
2010 PDI Course Schedule Announced
MIT/CRE launches new tagline Learn More
Read about MIT/CRE over the past 25 Years!
It's no news to a real estate developer that his or her job is complex. What is news is that the job can now be simplified substantially with a tool long used in an entirely different industry. Called the Design Structure Matrix (DSM), the tool has been applied for the first time to real estate development by two MIT/CRE grads in their award-winning thesis. Read full article...
To sustain our work into the 21st century, MIT/CRE has established a variety of funds, some targeted to specific programs and some to support Center activities in general. Learn how your contributions can help.

Posted February 4, 2010
Results for the 4th quarter of 2009 show a -4.9% price decrease for the properties sold in the NCREIF database compared to the previous quarter. The demand-side index fell 4.5%. The supply side of the market continued to lower its reservation prices by 5.3%. Transaction activity increased for the third straight quarter.
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Is now the right time to launch a new real estate services firm? It's the perfect time, according to MIT/CRE 2009 grads
Bryan Lee, John Sullivan, and Mike Tilford, whose Boston-based startup AspinWall Partners set sail in 2009, a venture that began at a Bar-B-Q.
Read full story.

"Residential investment is no longer a drag on the U.S. economy," according to MIT/CRE Professor William Wheaton, whose research with collaborator Gleb Nechayev suggests that economic recovery will largely driven by residential investment. Read article (pdf, 32K)...
In contrast with widespread media reports of defaults on homes with "underwater" mortgages, Bill Wheaton cites research suggesting that only the most severely strapped homeowners will default -- a tiny fraction. Listen to interview.
Since arriving at MIT/CRE in 2004, Chairman Tony Ciochetti has devoted much time and energy to building bridges between the Center and the global real estate profession -- with a special interest in Asian markets. Read full story...
New Tagline Reflects Science, Innovation, MIT. Kicking off its yearlong 25th anniversary celebration, MIT/CRE has launched a new tagline, one emphasizing the Center's connection with MIT as a springboard for redefining the nature of real estate. Read article.
What do you get when you cross MIT's $100 Laptop concept with the MIT Center for Real Estate? The answer is the 1K House Project, which aims to build houses for the phenomenally low cost of $1000 apiece. With 1.5 billion of the world's inhabitants living on less than a dollar a day, MIT/CRE wants to make housing affordable even for those who face extreme poverty. Learn more...
Insight Real Estate is a Chicago-based investment firm that creates innovative real estate investment products. Insight is launching the first-ever 100% green Real Estate Investment Trust (REIT). Read more about Insight...