Real Estate /business/ en Career Paths: Auggie Gehret Shares the Power of Networking /business/news/2024/20/27/career-paths-auggie-gehret <span>Career Paths: Auggie Gehret Shares the Power of Networking</span> <span><span>Srishti Sharma</span></span> <span><time datetime="2024-10-17T12:38:08-06:00" title="Thursday, October 17, 2024 - 12:38">Thu, 10/17/2024 - 12:38</time> </span> <div> <div class="imageMediaStyle focal_image_wide"> <img loading="lazy" src="/business/sites/default/files/styles/focal_image_wide/public/2024-11/Augie%20Gheret%20%281%29.png?h=defb1aba&amp;itok=4mBZH_lY" width="1200" height="600" alt="Auggie Gheret"> </div> </div> <div role="contentinfo" class="container ucb-article-tags" itemprop="keywords"> <span class="visually-hidden">Tags:</span> <div class="ucb-article-tag-icon" aria-hidden="true"> <i class="fa-solid fa-tags"></i> </div> <a href="/business/taxonomy/term/1983" hreflang="en">Klump</a> <a href="/business/taxonomy/term/733" hreflang="en">News</a> <a href="/business/taxonomy/term/1642" hreflang="en">Real Estate</a> <a href="/business/taxonomy/term/2069" hreflang="en">news-archives</a> </div> <div class="ucb-article-content ucb-striped-content"> <div class="container"> <div class="paragraph paragraph--type--article-content paragraph--view-mode--default"> <div class="ucb-article-text" itemprop="articleBody"> <div><p class="hero"><em>In a challenging job market for recent graduates, Auggie Gehret connected with alumni and industry professionals to launch his career in commercial real estate.</em></p><hr> <div class="align-left image_style-small_500px_25_display_size_"> <div class="imageMediaStyle small_500px_25_display_size_"> <img loading="lazy" src="/business/sites/default/files/styles/small_500px_25_display_size_/public/2024-11/headshot_8.10.2024_cropped_0_0.png?itok=p-HbDhl2" width="375" height="435" alt="cropped headshot"> </div> </div> <p>For recent graduate Auggie Gehret (Fin, RelEst’24), networking was the key to landing his first full-time job as a real estate analyst at <a href="https://www.aresmgmt.com/" rel="nofollow">Ares Management Corporation</a>, thanks to an internship and the support of Leeds alumnus Jeff Latier (MBA’08).</p><p>Little did Gehret know that volunteering at the <a href="/business/klump-center/events/real-estate-golf-tournament" rel="nofollow">Annual Ƶ Real Estate Golf Tournament</a> would kickstart his career. He was assisting with setting up chairs and signs&nbsp;when the program director introduced him to Latier.</p><h3>Practice makes perfect</h3><p>Despite having a new connection, Gehret wasn’t a pro at networking. “My first networking call with someone who wasn’t a recent grad was with Jeff, and yes, I was definitely nervous,” he said.</p><p>“I think a lot of students are afraid to ask questions that don’t seem smart.” He encourages students to ask detailed questions to learn as much as they can. Even questions that might seem unsophisticated “can help you navigate your job search and career placement.”</p><p>Latier echoed that sentiment. “It’s kind of like life—you’ve got to practice. The more reps you do, the better you get. It might start out clunky, but it gets better over time.”</p><p>As an active alum with the <a href="/business/Klump" rel="nofollow">Michael A. Klump Center for Real Estate</a>&nbsp;and&nbsp;Ƶ as a mentor and guest lecturer, Latier is always excited to meet with students interested in his career and expertise. “People genuinely want to help students and are willing to set time aside. It’s a unique opportunity to take advantage of.”</p> <div class="align-center image_style-small_500px_25_display_size_"> <div class="imageMediaStyle small_500px_25_display_size_"> <img loading="lazy" src="/business/sites/default/files/styles/small_500px_25_display_size_/public/2024-11/gold-bar-news-at-leeds-boulder_1.png?itok=mbSsrg9-" width="375" height="23" alt="golden bar"> </div> </div> <div><div><h2 class="text-align-center">&nbsp;</h2><h2 class="text-align-center"><strong>“People genuinely want to help students and are willing to set time aside. It’s a unique opportunity to take advantage of.”</strong></h2><p class="text-align-center"><em>Jeff Latier (MBA’08)</em></p></div></div><p>“The real estate center supported me in leveraging their network,” Gehret said. “Once I talked to Jeff, I was able to snowball that into conversations with other professionals.” His connections with other Ƶ alumni helped him find an internship at Ares before his senior year.</p><h3>Building a network</h3><p>For Gehret, building a solid network came from getting involved at Leeds. He participated in the <a href="/business/klump-center/co-curricular-offerings/real-estate-club" rel="nofollow">Ƶ Real Estate Club</a>, <a href="/business/klump-center/co-curricular-offerings/real-estate-fellows" rel="nofollow">Real Estate Fellows Program</a> and multiple case competitions, including the <a href="/business/curec/academics/undergraduate/undergraduate-real-estate-case-competition" rel="nofollow">Undergraduate Real Estate Case Competition</a>.</p><p>“The core curriculum helped to set me up,” said Gehret. He found Teaching Professor <a href="/business/leeds-directory/faculty/curtis-sears" rel="nofollow">Curtis Sears</a>’ Intro to Real Estate and Real Estate Senior Seminar to be instrumental. “He gave me a more holistic understanding of the commercial real estate industry.”</p><p>Beyond classes, events helped him build experience. “I think what really topped off my ability to get my ideal post-grad role were the external events held by the center.”</p><p>“The heart of the work we do at the Klump Center is providing students the opportunity to meet, interact and learn from industry practitioners,” said <a href="/business/julie-gibson" rel="nofollow">Julie Gibson</a>, the Sherman R. Miller Executive Director of the Klump Center. “Jeff Latier is a great example of an alumnus who continually gives back to his alma mater by taking time to meet with students. For Auggie, taking advantage of the experiential learning the center offers paid off with landing a top job in the region,” she added.</p><p>Gehret found the Real Estate Case Competition to be a great way to stand out. “It was by far the most influential for my professional development. It gave me the chance to develop skills and knowledge that applied to nearly all real estate roles and let me network with industry professionals who served as judges.”</p><p>Latier emphasized the value of Leeds’ opportunities. “The ability to work on a real-life real estate project and get feedback from senior-level executives sets the real estate program apart.”</p><h3>Refining career goals</h3> <div class="align-right image_style-small_500px_25_display_size_"> <div class="imageMediaStyle small_500px_25_display_size_"> <img loading="lazy" src="/business/sites/default/files/styles/small_500px_25_display_size_/public/2024-11/jefflatier_0_0.png?itok=n5PE-drd" width="375" height="503" alt="picture"> </div> </div> <p>Initially, Gehret didn’t intend to go into commercial real estate. He planned for a career in investment banking, but as he learned more about real estate, it sparked a passion. He didn’t have a clear picture, though,&nbsp;of what working in commercial real estate might look like.</p><p>After meeting Latier at the&nbsp;tournament and having a conversation on Zoom, Gehret connected with a dozen other professionals who worked at Ares, most of whom were Ƶ alumni. Those conversations helped him gain a better understanding of his path.</p><p>“Jeff and other Ƶ alumni really helped me understand commercial real estate outside of the classroom,” said Gehret. “From there, I was able to narrow what I wanted, and I really directed my job search and extracurriculars with that in mind.”</p><p>He was most interested in portfolio management, a specialized area within real estate that involves managing a firm’s investment holdings. “Trying to independently understand exactly what a position entails is challenging, but it&nbsp;helps in narrowing down the roles you’re interested in,” he explained.</p><p>“I really had to network with people who understood the position and what the day-to-day looks like,” Gehret said. As he approached the interview process, those conversations about the role and team functions prepared him to thoughtfully craft his answers to interview questions. “Networking with all of those people was pivotal to me getting hired,” he said.</p><h3>Paying it forward</h3><p>Latier reinforced leveraging the alumni network. “Alumni are extremely loyal. It’s a result of this wonderful cycle that starts with the real estate program and Leeds providing a high-quality student experience, and then students want to give back as they grow.”</p><p>Gehret is following Latier’s lead as a dedicated and involved alum. He communicates frequently with staff and faculty at the Klump Center and recently joined a roundtable of professionals to speak with students. “It was nice to be on the other side and give advice on how they can start their career,” he said.</p><p>Latier continues to be energized by the questions he gets from students. “I’m always happy to meet with students and come back to campus. It’s a great way to give back and stay connected.”</p><hr><p><em>To learn about the wide range of career resources and networking opportunities at Leeds, visit the </em><a href="/business/current-students/career-development/career-resources-students" rel="nofollow"><em>Career Development Office</em></a><em>.&nbsp;</em></p><hr></div> </div> </div> </div> </div> <h2> <div class="paragraph paragraph--type--ucb-related-articles-block paragraph--view-mode--default"> <div>Related Articles</div> </div> </h2> <div>Traditional</div> <div>0</div> <div>On</div> <div>White</div> Thu, 17 Oct 2024 18:38:08 +0000 Srishti Sharma 18291 at /business Exploring the Intersection of Social Equity and Real Estate /business/news/2019/12/11/exploring-intersection-social-equity-and-real-estate <span>Exploring the Intersection of Social Equity and Real Estate </span> <span><span>Anonymous (not verified)</span></span> <span><time datetime="2019-12-10T08:29:50-07:00" title="Tuesday, December 10, 2019 - 08:29">Tue, 12/10/2019 - 08:29</time> </span> <div> <div class="imageMediaStyle focal_image_wide"> <img loading="lazy" src="/business/sites/default/files/styles/focal_image_wide/public/article-thumbnail/20191204_real_estate_sustainable_symposium_mg_5142_small.jpg?h=252f27fa&amp;itok=ZXS72zPI" width="1200" height="600" alt="Real Estate"> </div> </div> <div role="contentinfo" class="container ucb-article-tags" itemprop="keywords"> <span class="visually-hidden">Tags:</span> <div class="ucb-article-tag-icon" aria-hidden="true"> <i class="fa-solid fa-tags"></i> </div> <a href="/business/taxonomy/term/1983" hreflang="en">Klump</a> <a href="/business/taxonomy/term/733" hreflang="en">News</a> <a href="/business/taxonomy/term/1642" hreflang="en">Real Estate</a> </div> <div class="ucb-article-content ucb-striped-content"> <div class="container"> <div class="paragraph paragraph--type--article-content paragraph--view-mode--default"> <div class="ucb-article-content-media ucb-article-content-media-above"> <div> <div class="paragraph paragraph--type--media paragraph--view-mode--default"> <div> <div class="imageMediaStyle large_image_style"> <img loading="lazy" src="/business/sites/default/files/styles/large_image_style/public/article-image/20191204_real_estate_sustainable_symposium_mg_5142_900px.jpg?itok=dHzaAQ15" width="1500" height="1000" alt="Panel speakers L to R: Shannon Cox, Albus Brooks, Susan Powers, Lori Pace and Fiona Arnold."> </div> </div> </div> </div> </div> <div class="ucb-article-text d-flex align-items-center" itemprop="articleBody"> <div><p>The Ƶ Real Estate Center hosted a diverse panel of real estate experts in a focused discussion on social equity, real estate development and the role of the private sector. The event was conceived in collaboration with the Deming Center for Entrepreneurship and the Center for Ethics and Social Responsibility, and turned out a broad range of students, faculty and staff.</p> <p>Shannon Cox Baker vice president of Development for Urban Ventures—and a Leeds MBA alumna—moderated the panel, which included Albus Brooks a Ƶ alumnus who is vice president of Business Development and Strategy at Milender White and a former Denver City Council member; Fiona Arnold, president of Mainspring and former cabinet member for Governor Hickenlooper; Susan Powers, president of Urban Ventures and veteran of the Denver real estate community; and Lori Pace—also a Ƶ alumna—professional speaker, real estate activist and broker associate for Kentwood Real Estate.</p> <div class="image-caption image-caption-none"> <p></p> <p>Panel speakers L to R: Shannon Cox, Albus Brooks, Susan Powers, Lori Pace and Fiona Arnold.</p> </div> <p>The panel questioned the ways traditional real estate development occurs in this country and, particularly, in Colorado. The conversation was underscored by the historical context that has created great social divide in our country and across the real estate industry. Discussion offered exploration into ideas like: What are the tradeoffs and opportunities involved with creating a genuinely inclusive city? How can residents and business owners in lower income communities generate wealth as private capital flow into their neighborhoods?</p> <p>Speakers also discussed some of the impactful projects they were working on in different areas of Denver and its neighboring towns, and how they were incorporating socially responsible concepts into their work. Of note was the topic of diversity and real estate and the need for more avenues for women and persons of color to enter into the real estate sector.</p> <p>Among the key takeaways—especially for students—was to think beyond the highest rate of return and about how they can do business differently in a changing world. For example, if you are passionate about social responsibility, then look for ways to integrate it into the way you work. At the end of the day, we all share a civic responsibility to advocate for meaningful change in our communities.</p></div> </div> </div> </div> </div> <div>Traditional</div> <div>0</div> <div>On</div> <div>White</div> Tue, 10 Dec 2019 15:29:50 +0000 Anonymous 13757 at /business Ƶ Real Estate Center Co-Hosts Innovative Retail Real Estate Symposium /business/news/2019/09/11/cu-real-estate-center-co-hosts-innovative-retail-real-estate-symposium <span>Ƶ Real Estate Center Co-Hosts Innovative Retail Real Estate Symposium</span> <span><span>Anonymous (not verified)</span></span> <span><time datetime="2019-09-11T15:59:49-06:00" title="Wednesday, September 11, 2019 - 15:59">Wed, 09/11/2019 - 15:59</time> </span> <div> <div class="imageMediaStyle focal_image_wide"> <img loading="lazy" src="/business/sites/default/files/styles/focal_image_wide/public/article-thumbnail/gettyimages-165974189.jpg?h=9d96f97f&amp;itok=1sn5rqxA" width="1200" height="600" alt="Shoppers in a retail setting"> </div> </div> <div role="contentinfo" class="container ucb-article-tags" itemprop="keywords"> <span class="visually-hidden">Tags:</span> <div class="ucb-article-tag-icon" aria-hidden="true"> <i class="fa-solid fa-tags"></i> </div> <a href="/business/taxonomy/term/1983" hreflang="en">Klump</a> <a href="/business/taxonomy/term/733" hreflang="en">News</a> <a href="/business/taxonomy/term/1642" hreflang="en">Real Estate</a> </div> <div class="ucb-article-content ucb-striped-content"> <div class="container"> <div class="paragraph paragraph--type--article-content paragraph--view-mode--default"> <div class="ucb-article-content-media ucb-article-content-media-above"> <div> <div class="paragraph paragraph--type--media paragraph--view-mode--default"> </div> </div> </div> <div class="ucb-article-text d-flex align-items-center" itemprop="articleBody"> <div><p>The <a href="/business/ƵREC" rel="nofollow">Ƶ Real Estate Center</a> recently partnered with the International Council of Shopping Centers (ICSC) to host an inaugural symposium at Ƶ Denver focused on retail real estate in Colorado. The event kicked off with an interview with ICSC Chairman Daniel Hurwitz who shared his perspective on the state of retail real estate and where he sees the industry heading in the future. Keynote speaker Valerie Richardson, vice president of real estate for The Container Store continued on a similar vein, discussing the transformation of the industry in relation to the merging of digital and physical retail and the impact of Millennial and GenZ consumer behavior on the future.</p> <p>A key feature of the symposium was a session on the evolution of food halls. The food hall concept is a major trend in the retail real estate sector, growing exponentially over the past 10 years—and showing incredible potential in the near future. Phil Colicchio, executive managing director of Colicchio Consulting and a nationally recognized expert in the food and beverage sector shared his expertise on what is driving the food hall craze and its ongoing evolution as the movement matures.</p> <p>Two informative panel discussions explored the idea of “opportunity amidst uncertainty” from the perspectives of non-traditional retail tenants and non-traditional retail investors. The “experience economy” is changing the retail real estate industry in surprising and dramatic ways, which is providing new avenues for adding vibrancy, diversity and curated experiences for the consumer that are also attracting new kinds of tenants and investors.</p> <p>Rounding out the day was walking tour of the Dairy Block food hall in downtown Denver, located in the historic block known as LoDo. Once home to the Windsor Dairy, it is now a buzzing urban micro-district that boasts 15 shops, the Milk Market (a 17,000-square-foot food hall), a luxury co-working space and a 172-room boutique hotel. The space is an all-local mix of takeout and dine-in restaurants and bars run by Colorado chef Frank Bonanno. The tour gave attendees firsthand exposure to the creative retail concepts that are popping up in the Mile High City and provided a fitting end to the immersive morning program.</p> <p>As part of the symposium series, Ƶ Boulder students and select alumni—who are current and past recipients of an ICSC scholarship created exclusively for Ƶ real estate students—were treated to an intimate student-focused dinner with Hurwitz and Richardson. Over the course of the evening, they both shared professional stories and offered compelling insights to the unique opportunities offered by the retail side of today’s real estate job market.</p> <p><a href="/business/ƵREC" rel="nofollow">Learn more about the Ƶ Real Estate Center</a>.</p></div> </div> </div> </div> </div> <div>Traditional</div> <div>0</div> <div>On</div> <div>White</div> Wed, 11 Sep 2019 21:59:49 +0000 Anonymous 13391 at /business Ƶ Real Estate Center Adds Industry Leaders To Its International Advisory Board /business/ƵREC/news/2019/07/10/cu-real-estate-center-adds-industry-leaders-its-international-advisory-board <span>Ƶ Real Estate Center Adds Industry Leaders To Its International Advisory Board</span> <span><span>Anonymous (not verified)</span></span> <span><time datetime="2019-07-10T12:10:28-06:00" title="Wednesday, July 10, 2019 - 12:10">Wed, 07/10/2019 - 12:10</time> </span> <div> <div class="imageMediaStyle focal_image_wide"> <img loading="lazy" src="/business/sites/default/files/styles/focal_image_wide/public/article-thumbnail/curec_board_thumbnail_copy.jpg?h=e14f6b2f&amp;itok=H3yUCJqT" width="1200" height="600" alt="ƵREC Board"> </div> </div> <div role="contentinfo" class="container ucb-article-tags" itemprop="keywords"> <span class="visually-hidden">Tags:</span> <div class="ucb-article-tag-icon" aria-hidden="true"> <i class="fa-solid fa-tags"></i> </div> <a href="/business/taxonomy/term/1642" hreflang="en">Real Estate</a> </div> <div class="ucb-article-content ucb-striped-content"> <div class="container"> <div class="paragraph paragraph--type--article-content paragraph--view-mode--default"> <div class="ucb-article-content-media ucb-article-content-media-above"> <div> <div class="paragraph paragraph--type--media paragraph--view-mode--default"> <div> <div class="imageMediaStyle large_image_style"> <img loading="lazy" src="/business/sites/default/files/styles/large_image_style/public/article-image/curec_board_update1_0.jpg?itok=5ITeYSf7" width="1500" height="1500" alt="Alan"> </div> </div> </div> </div> </div> <div class="ucb-article-text d-flex align-items-center" itemprop="articleBody"> <div><p>The Ƶ Real Estate Center (ƵREC) at the Leeds School of Business has announced the addition of six new members to its esteemed International Advisory Board. The International Advisory Board fosters connections between top real estate executives, national markets and international networks, with ƵREC at the center.</p> <p>The International Advisory Board is also attracting global thought-leaders from the commercial real estate industry, who offer a diverse range of perspectives and experiences. Based on their leadership roles within internationally recognized organizations, these new members are ensuring the board and ƵREC will continue to serve as a hub for networking, mentoring and driving innovation in real estate through entrepreneurship and emerging technologies. Additionally, the board believes that growing its membership from areas such as construction management, architecture, acquisition and development, technology, and lending and financing will enhance its value to current members and the broader commercial real estate industry.</p> <p>”We are excited to have leaders from a wide variety of segments within the industry contribute to broader discussions on commercial real estate and help guide the next generation of leadership,” said ƵREC’s Executive Director Michael Kercheval.</p> <p>The following members were inducted summer 2019:</p> <p><br> <strong>Alan Engel - Birmingham, Alabama</strong><br> Crowne Partners, Inc.<br> <em>President</em></p> <p>Alan Engel, along with business partner Alan D. Levow, established Crowne Partners in 1984 as the umbrella organization for its construction, portfolio management and broker-dealer companies. Crowne and its affiliates have constructed, developed and renovated 48 state-of-the-art apartment communities in 24 cities across12 states, comprising almost 12,000 apartment units, including 580 units that are currently under construction and 546 under development.</p> <p>Active in Alabama’s business and civic communities, Alan serves on the Birmingham Advisory Board of Synovus Bank and is chair of the Board of Directors of Indian Springs School. He is a registered General Securities Representative and a registered General Securities Principal with FINRA. A graduate of the University of Colorado, with a Bachelor of Science in Business Administration, Alan also received his MBA from The Kellogg School at Northwestern.</p> <p>Alan and his wife, Lisa, reside in Birmingham, Alabama.</p> <p><br> <strong>Craig Fimple - Denver, Colorado </strong><br> TCF Bank<br> <em>Team Lead</em></p> <p>Craig Fimple is a team lead in Commercial Real Estate at TCF Bank, a top commercial real estate lender. His specialties include commercial finance lending, settlement negotiation, credit underwriting, portfolio management, foreclosure processes, homebuilder finance lending and business development. Prior to TCF Bank, Craig worked with CoBiz Financial, BBVA Compass, and M&amp;T Bank.</p> <p>Craig is an alumnus of the University of Colorado Boulder, with a Bachelor of Science in Business Administration with an emphasis in Finance. He and his wife, Debbie, reside in Denver, CO.</p> <p><strong>Daniel Aizenman - Boulder, CO</strong><br> Stantec<br> <em>Principal</em></p> <p>Daniel Aizenman leads a multi-disciplinary design staff and has designed projects in over 35 countries. He has a wide range of experience in architecture, planning, placemaking, wayfinding, sustainable design, interior design and healthcare planning.</p> <p>Originally from Mexico City, Daniel is fluent in English, Spanish and Hebrew. He uses his travel experiences to inform his design, bringing a love of culture to each of his projects. As a senior principal and architectural designer for Stantec’s Visions Brands Experiences Group, he creates tangible, memorable connections for the end user.</p> <p>Daniel has won several International Council of Shopping Centers design competitions on the future of retail as well as an AIA award, and placement on ICSC’s 20 under 40, class of 2016. He is known for delivering groundbreaking projects like Distrito Santa Fe, a 9.2 million-square-foot, mixed-use development in Mexico City; Gran Patio Santa Fe in Mexico City, a 2.1 million square foot, mixed-use retail center on one city block; Cityset, Denver’s latest gastronomic hospitality village—a silver Medal winner for the ICSC US Design and Development Award in 2014 for Best Mixed Use project; and Commerce Square in downtown Philadelphia, where he shifted the paradigm of a corporate environment.</p> <p>Daniel studied in Mexico and Israel and received his Master’s of Architecture from Texas A&amp;M University. For Daniel, every situation brings an opportunity to learn something new, and every design requires some reinvention. He and his family live in Boulder, CO.</p> <p><strong>David Harvey - Houston, Texas</strong><br> D E Harvey Builders<br> <em>Chairman and CEO </em></p> <p>David E. Harvey, Jr. was born and raised in Houston, Texas. David started his college education with two years in the architecture program at Notre Dame. He then transferred to the University of Colorado at Boulder and received his degree in Civil Engineering and Architectural Engineering.</p> <p>His love of construction came from his father, David E. Harvey, Sr., who started DE. Harvey Builders in 1957. David and his brothers were always anxious to get to the job sites to work and earn a paycheck. His first job was as a laborer, moving rock for exposed aggregate tilt-up panels, when he was just 13 years old. David officially began his career at Harvey in 1977 on a three building tilt-wall complex on Yale Street for Tim Gustafson Development. His brother, Mike Harvey, was the superintendent.</p> <p>David married Mikki in 2002, and together, they have five children and one grandson. In his free time, David enjoys running, swimming, biking, triathlons, marathons and snow skiing. He is involved in Rice Design Alliance (RDA) as president ameritas (post), Catholic Charities as chairman of the board of directors, Legatus as founding member of the Houston Chapter, Catholic CEO Group, Cristo Rey Jesuit High School as a founding board member, and University of St. Thomas as vice chairman of the board of directors.</p> <p><strong>Rick Coe - Dallas/Ft Worth, Texas</strong><br> Fidelis Realty Partners DFW, LLC<br> <em>President and Principal</em></p> <p>Rick Coe oversees all acquisition, development and investment activity in the DFW metropolitan area for Fidelis Realty Partners.</p> <p>Prior to his current role, Rick served as the Chief Investment Officer for CNL Fund Management. During his tenure, CNL-sponsored real estate funds completed over $2.5 billion in real estate investments. Before joining CNL,&nbsp; he was a founding partner of Parkwood Real Estate Partners , a privately-held real estate investment company formed in 2005. While at Parkwood, Rick and his partners were responsible for sourcing and structuring over 60 real estate investments with total cost exceeding $1 billion. In addition, he spent more than 17 years at Trammell Crow Company (TCC), in many roles; the last was as a Senior Managing Director of Development &amp; Investment Group and member of the company’s Operating Committee. While at TCC, Rick was involved with structuring, reviewing and approving more than $5 billion of acquisition, development and structured finance transactions.</p> <p>Coe graduated from the University of Colorado with a Bachelor of Science in Business Administration with an emphasis in Finance. He later earned an MBA from Southern Methodist University. He is a member of the International Council of Shopping Centers and the Urban Land Institute.</p> <p><strong>Todd Guthrie - Denver, Colorado</strong><br> W.E. O’Neil Construction Company of Colorado<br> <em>President, Denver</em></p> <p>In 1999, Todd Guthrie established the W.E. O’Neil Construction Company of Colorado and has since grown O’Neil’s local market presence, bringing in an average of $100 million in yearly revenue. As president of W.E. O’Neil Construction, Todd leads Denver’s award-winning general contracting firm based on the values of integrity, teamwork, shareholder value, customer satisfaction and quality.</p> <p>Todd began working for W.E. O’Neil Construction in 1988 as a project engineer and estimator in Los Angeles, prior to relocating to Denver. He later became a senior project manager, overseeing numerous high profile projects in the Denver area and laying the groundwork for his leadership in the construction industry.</p> <p>Todd is a graduate of the University of Colorado with a degree in Civil Engineering and received an MBA from the University of Denver. Todd and his wife Amy reside in Littleton, CO with their four children.</p> <p>ƵREC is proud to welcome these prominent industry leaders to its International Advisory Board of real estate professionals from around the world. To learn more about the Center, its mission and international advisory board please visit <a href="/business/curec/" rel="nofollow">/business/curec/</a></p></div> </div> </div> </div> </div> <div>Traditional</div> <div>0</div> <div>On</div> <div>White</div> Wed, 10 Jul 2019 18:10:28 +0000 Anonymous 13521 at /business Getting a Jumpstart on the Future of Real Estate Education /business/news/2019/05/03/getting-jumpstart-future-real-estate-education <span>Getting a Jumpstart on the Future of Real Estate Education</span> <span><span>Anonymous (not verified)</span></span> <span><time datetime="2019-05-03T13:29:20-06:00" title="Friday, May 3, 2019 - 13:29">Fri, 05/03/2019 - 13:29</time> </span> <div> <div class="imageMediaStyle focal_image_wide"> <img loading="lazy" src="/business/sites/default/files/styles/focal_image_wide/public/article-thumbnail/istock-525328447.jpg?h=56d0ca2e&amp;itok=VfJrnWRo" width="1200" height="600" alt="Real Estate"> </div> </div> <div role="contentinfo" class="container ucb-article-tags" itemprop="keywords"> <span class="visually-hidden">Tags:</span> <div class="ucb-article-tag-icon" aria-hidden="true"> <i class="fa-solid fa-tags"></i> </div> <a href="/business/taxonomy/term/1983" hreflang="en">Klump</a> <a href="/business/taxonomy/term/733" hreflang="en">News</a> <a href="/business/taxonomy/term/1642" hreflang="en">Real Estate</a> </div> <div class="ucb-article-content ucb-striped-content"> <div class="container"> <div class="paragraph paragraph--type--article-content paragraph--view-mode--default"> <div class="ucb-article-content-media ucb-article-content-media-above"> <div> <div class="paragraph paragraph--type--media paragraph--view-mode--default"> <div> <div class="imageMediaStyle large_image_style"> <img loading="lazy" src="/business/sites/default/files/styles/large_image_style/public/article-image/realestateforum.jpg?itok=1hErGUyq" width="1500" height="1189" alt="Real Estate Forum"> </div> </div> </div> </div> </div> <div class="ucb-article-text d-flex align-items-center" itemprop="articleBody"> <div><p>Property technology, better known as PropTech, is transforming the way real estate does business. Real estate has been surprisingly slow to adopt digital tools compared to other industries. Subtle changes began to take place in waves, starting around 1980; yet, less than two years ago, PropTech was barely on anyone’s radar. And in 2019, there are still large gaps across the industry in terms of who’s leveraging new technologies in this space. As important, there are very few universities who are teaching timely curriculum to prepare students for the immense opportunities that are emerging from the digital disruption of the massive real estate industry.</p> <h4>The PropTech movement</h4> <p>James Dearsley, digital influencer and co-founder of global PropTech data and research company Unissu, <a href="https://www.propmodo.com/proptech-influencer-james-dearsley-talks-about-his-new-industry-database/" rel="nofollow">describes PropTech</a> as “driving a mentality change within the real estate industry and its consumers, regarding technology-driven innovation in the data assembly, transaction, and design of buildings and cities.” In other words, PropTech is fundamentally <a href="https://medium.com/@vincentlecamus/proptech-what-is-it-and-how-to-address-the-new-wave-of-real-estate-startups-ae9bb52fb128" rel="nofollow">changing the real estate industry</a> via digitally advanced solutions and business models that address evolving consumer preferences for technology.</p> <p>And it’s quickly encroaching upon all sectors of the real estate industry: Co-working spaces impact the need for and design of office spaces; co-living and home sharing (e.g. Airbnb) increase the demand for alternative residential properties and seasonal rentals; and crowdfunding is flipping traditional real estate investment and new construction on its side. PropTech is also creating opportunities for <a href="https://www.us.jll.com/en/views/how-proptech-is-changing-the-future-of-commercial-real-estate" rel="nofollow">faster, more insightful transaction processes in commercial real estate</a> by way of incorporating: artificial intelligence (AI), Big Data and analytics, virtual reality (VR) and augmented reality (AR) and computer aided design (CAD).</p> <p>It’s clear that the future of the industry looks vastly different than the past, which begs the question, how will young professionals—as well as seasoned industry veterans—prepare to meet the changing needs of this new digitized and “uberized” real estate landscape?</p> <h4>PropTech meets academia</h4> <p>The Leeds School of Business and the <a href="/business/ƵREC" rel="nofollow">Ƶ Real Estate Center (ƵREC)</a> at the University of Colorado Boulder recognized the need to educate and prepare students for these market shifts and launched its <a href="https://www.curealestatetech.com/" rel="nofollow">Real Estate Technology Program</a> with the help of several generous donations in 2017. ƵREC Executive Director Mike Kercheval, who is a former CEO and president of International Council of Shopping Centers Inc. (ICSC), the world’s largest commercial real estate trade association, is passionate about connecting academic excellence with dynamic business-sector needs. As he noticed the changes occurring within the real estate industry and began talking with other leaders in the Boulder business community, the idea for new innovative curricula and this initiative had begun to take shape.</p> <blockquote> <p>“Tech is not only changing how we build but also what we build and why. There are also unintended consequences of technology impacting real estate. We saw a great opportunity to prepare students for the direction the real estate is headed and get them thinking about the industry differently,” says Kercheval.</p> </blockquote> <p>Enter Mike DelPrete, a renowned global real estate strategist and industry thought-leader with international expertise in real estate tech, corporate development and entrepreneurship, who connected with Leeds professor and Executive Director of the <a href="/business/deming" rel="nofollow">Deming Center for Entrepreneurship</a> Erick Mueller and, ultimately, Kercheval. They discussed the potential opportunities for such a forward-looking course, which aligns perfectly with the Leeds mission and values, to inspire and educate the next generation of global business leaders. Soon after, DelPrete came on board as a Scholar-in-Residence at Ƶ Boulder to teach PropTech at Leeds and to be spokesperson for the real estate technology initiative, which will help to elevate both the Ƶ Real Estate Center and Leeds’ reputations. Their hope is to impact other courses within real estate’s existing offerings, as the technological disruption crosses many areas within the real estate industry and acts as a gateway to more creativity and diversity among real estate professionals.</p> <p>“It has historically been men at the head of most real estate ventures,” said Kercheval. “Opening up the industry to more women and increasing its diversity overall will encourage the transition into the digital future. As a longtime professional in the industry, I know how slow the industry as a whole has been to change. And I’m excited to introduce students to these new technologies and opportunities.”</p> <h4><strong>On the cutting edge</strong></h4> <p>As one of the world’s first, exclusive real estate tech-focused curricula for undergraduate and graduate students, ƵREC students learn not only about the impact of technology on the industry but also what those changes mean for real estate professionals, who will be affected, what issues are at stake, and the emerging trends—such as AI and automatization—that are as exciting and revolutionary as they are challenging to the industry’s status quo. Through real examples, case studies, and well-known industry guest speakers, DelPrete has created a highly applicable, pragmatic and entrepreneurial real estate program. Combined with the ƵREC’s strong international professional network, students are encouraged to push their own boundaries of innovation when studying and entering into today’s evolving real estate marketplace.</p> <p>May marks the end of this inaugural year of ƵREC’s real estate technology program, which covered topics ranging from <a href="http://www.mikedp.com/new-models-in-real-estate-tech" rel="nofollow">emerging models</a> in real estate tech and the rise of iBuyers like Opendoor and Zillow to smart buildings, entrepreneurship and venture capital in real estate investments and construction. Looking back on his experience in the class last fall, senior Kade Hiller was impressed with learning about how quickly PropTech is shaping the real estate industry, the number of competitors who are creating new technology, and the competition in the capital markets who want to invest in these new startups.</p> <p>Hiller draws an interesting conclusion about the current PropTech market: “It seems investors, innovators, and entrepreneurs are mostly focused on ResiTech currently, failing to spend much time in the commercial world. A company who can successfully begin working with commercial property owners will stand out among the rest.” It’s apparent that Hiller learned more than real estate technology from DelPrete’s class. Overall, “It’s a class for all entrepreneurs,“ he says.</p> <p>In March, ƵREC held its <a href="/business/news/2019/02/22/cu-real-estate-center-presents-its-22nd-annual-real-estate-forum" rel="nofollow">22<sup>nd</sup> annual Real Estate Forum</a>, which invites students and the business community together to engage in current topics and trends in real estate and network with one another. This year’s theme was centered around innovations in real estate and technology. Sessions covered everything from industry evolution and innovations and sustainability in design and construction to Big Data in new homes and experiential retail spaces. The forum is one part of ƵREC’s tradition of offering cutting edge experiential learning and professional networking opportunities for aspiring real estate professionals from within its strong cohort of industry professionals.</p> <hr> <p>Similar to the way that Amazon changed shopping, a new wave of startups called iBuyers are changing the way we buy and sell homes. Yet, iBuyers are just one part of PropTech, which is literally, digitally, transforming real estate—and, therefore, capital markets, green energy and green building—as we know it. If you’re weren’t already paying attention to PropTech, you may want to start; it’s a good thing schools like Leeds and the Ƶ Real Estate Center has.&nbsp;</p></div> </div> </div> </div> </div> <div>Traditional</div> <div>0</div> <div>On</div> <div>White</div> Fri, 03 May 2019 19:29:20 +0000 Anonymous 12819 at /business Real Estate Trek to Chile and Argentina! /business/ƵREC/news/2018/06/22/2018-real-estate-trek-chile-and-argentina <span>Real Estate Trek to Chile and Argentina!</span> <span><span>Anonymous (not verified)</span></span> <span><time datetime="2018-06-22T11:04:46-06:00" title="Friday, June 22, 2018 - 11:04">Fri, 06/22/2018 - 11:04</time> </span> <div> <div class="imageMediaStyle focal_image_wide"> <img loading="lazy" src="/business/sites/default/files/styles/focal_image_wide/public/article-thumbnail/mallplaza_shot.jpg?h=2e5cdddf&amp;itok=E2_wuCZH" width="1200" height="600" alt="Mall"> </div> </div> <div role="contentinfo" class="container ucb-article-tags" itemprop="keywords"> <span class="visually-hidden">Tags:</span> <div class="ucb-article-tag-icon" aria-hidden="true"> <i class="fa-solid fa-tags"></i> </div> <a href="/business/taxonomy/term/1983" hreflang="en">Klump</a> <a href="/business/taxonomy/term/1642" hreflang="en">Real Estate</a> </div> <div class="ucb-article-content ucb-striped-content"> <div class="container"> <div class="paragraph paragraph--type--article-content paragraph--view-mode--default"> <div class="ucb-article-content-media ucb-article-content-media-above"> <div> <div class="paragraph paragraph--type--media paragraph--view-mode--default"> <div> <div class="imageMediaStyle large_image_style"> <img loading="lazy" src="/business/sites/default/files/styles/large_image_style/public/article-image/mallplaza_shot.jpg?itok=E4pzj0BJ" width="1500" height="1001" alt="Mall"> </div> </div> </div> </div> </div> <div class="ucb-article-text d-flex align-items-center" itemprop="articleBody"> <div><p>For the 2018 Ƶ Graduate Real Estate Trek, we had the privilege of getting outside the comfort of the United States to explore the economy and the blossoming real estate market of both Chile and Argentina. Our first four days of the trip were spent in Santiago, Chile where we all had the unique opportunity to learn first-hand about how one of the hottest real estate markets in the hemisphere had become such an attractive investment location. In speaking with a head economist from the Banco De Chile, we were fascinated to understand how Chile has been able to counteract the effects of inflation that have run rampant throughout many South American economies. We were also impressed by how modern and progressive most of downtown Santiago looked and felt. Many students were apt to draw quick comparisons to the San Francisco or New York markets, which made sense given the nickname of modern Santiago is “Sanhatten.”</p> <p>We were able to attend an alumni event hosted by former Leed’s graduates which featured prospective students as well as industry veterans sharing positive experiences about Leeds and the University of Colorado. While most of our time was consumed by presentations and meetings, we were also able to sample another staple of the Chilean economy- the wine. On our final day, we had the good fortune to tour the Cousino Macul vineyard and learn a thing or two about wine tasting. Overall, the Chile portion of the trip opened up our eyes to a unique culture and real estate market. It was obvious that the experience will continue to benefit our students in their careers both in and outside the United States.</p></div> </div> </div> </div> </div> <div>Traditional</div> <div>0</div> <div>On</div> <div>White</div> Fri, 22 Jun 2018 17:04:46 +0000 Anonymous 11556 at /business 2017 Sherman Miller Case Competition - Ƶ Wins! /business/news/2018/06/22/2017-sherman-miller-case-competition-cu-wins <span>2017 Sherman Miller Case Competition - Ƶ Wins!</span> <span><span>Anonymous (not verified)</span></span> <span><time datetime="2018-06-22T10:50:30-06:00" title="Friday, June 22, 2018 - 10:50">Fri, 06/22/2018 - 10:50</time> </span> <div> <div class="imageMediaStyle focal_image_wide"> <img loading="lazy" src="/business/sites/default/files/styles/focal_image_wide/public/article-thumbnail/cu_team_0.jpg?h=bac60463&amp;itok=eNQ2wjoU" width="1200" height="600" alt="Ƶ Team"> </div> </div> <div role="contentinfo" class="container ucb-article-tags" itemprop="keywords"> <span class="visually-hidden">Tags:</span> <div class="ucb-article-tag-icon" aria-hidden="true"> <i class="fa-solid fa-tags"></i> </div> <a href="/business/taxonomy/term/1642" hreflang="en">Real Estate</a> </div> <div class="ucb-article-content ucb-striped-content"> <div class="container"> <div class="paragraph paragraph--type--article-content paragraph--view-mode--default"> <div class="ucb-article-content-media ucb-article-content-media-above"> <div> <div class="paragraph paragraph--type--media paragraph--view-mode--default"> <div> <div class="imageMediaStyle large_image_style"> <img loading="lazy" src="/business/sites/default/files/styles/large_image_style/public/article-image/cu_team_0.jpg?itok=PrqJSdGB" width="1500" height="1136" alt="Ƶ Team"> </div> </div> </div> </div> </div> <div class="ucb-article-text d-flex align-items-center" itemprop="articleBody"> <div><p>BOULDER, COLORADO. A team of six Leeds undergrad real estate students took the top spot at the 2017 Sherman Miller Real Estate Competition hosted by the Ƶ Real Estate Center and pitting teams from Ƶ, CSU and DU in the annual intrastate battle. The winning team included seniors Kevin Castillo, Paula Chavarria, Kevin Goodman, Edward Miller and Alec Schmergel, and junior Sultan Alkhonji. The victory marks the third time Ƶ has won the competition in the four years since the inaugural event in 2014. The University of Denver placed second and CSU third.</p> <p>The competition is designed to give the students a taste of the real world by tasking the students with analyzing and then presenting to a panel of industry experts their findings and recommendations for a potential purchase of a neighborhood retail center. The student teams have just five days to complete their analysis before making their presentations live before the industry experts and answering tough questions posed by the panel during the Q&amp;A that follows.</p> <p>The team prepares in the weeks leading up to the event by analyzing and then presenting practice cases before some of our ƵREC industry partners as well as our real estate faculty. A special thank you to those industry partners who helped prepare this year’s winning team.</p> <p>The event is named in honor of Sherm Miller, past Executive Director of the ƵREC, and the primary force behind establishing this intrastate undergrad real estate case competition.</p> <p>Congratulations to our winning team…WAY TO GO BUFFS!</p></div> </div> </div> </div> </div> <div>Traditional</div> <div>0</div> <div>On</div> <div>White</div> Fri, 22 Jun 2018 16:50:30 +0000 Anonymous 11552 at /business