Real Estate

Back to School

July 29, 2014 By Susan Drake

The following article by Erik Kolb was published on July 18, 2014 by with permission to re-publish here. ‘Unorganised and ‘unattractive’: the typical real estate recruitment process isn’t widely admired. Tapping the growing number of universities with dedicated real estate MBA programs could be the answer In the current issue of PERE, there is a special section looking at the recruiting, compensation and teambuilding practices of the private equity real estate industry. Of particular note in that section is a guest column on the industry’s recruiting practices through the eyes of a recent MBA graduate – a view that is likely to be a revelation to some firms that think they have recruitment figured out. In the column, Will Read More

Another Real Estate Fund Investment – Ashford Belmar

July 2, 2014 By Susan Drake

The student-managed KFBSF Real Estate Fund II at Kenan-Flagler Business School has invested in the acquisition of a 512 unit apartment project in the Belmar sub-market of Lakewood, CO.  The investment sponsor is The RADCO Companies.  Located eight miles west of downtown Denver, this transaction was reported in the Wall Street Journal, Property Reports, on June 25, 2014. About The RADCO Companies The RADCO Companies is an Atlanta-based leader in workout and value recovery of challenged real estate assets.  The Company has acted as both a principal and as a service provider to lenders and financial institutions for over 19 years.  In 2011, RADCO began focusing on multifamily investments with mark-to-market and value-add opportunities due to their attractive risk-adjusted returns.  Read More

A Coast to Coast Footprint: 2014 Real Estate MBAs land positions all across U.S

May 27, 2014 By Susan Drake 2014 MBA Real Estate Full-Time Hires

This blog was written by Caylor Mark, MBA Class of 2014 The University of North Carolina is often recognized for its nationally known basketball program, with its reach & influence extending from coast to coast. Based on the destinations of our 2014 MBA graduates, the Real Estate program at UNC Kenan-Flagler could make the same claim. Looking first to the Pacific, a number of graduates are heading to work in Seattle, San Francisco, and Los Angeles – seemingly heeding author Horace Greeley’s once famous words, “Go West, young man” – and landing at firms Avalon Bay, Eastdil Secured, Goldman Sachs, and Alliance Residential. Transitioning to the Midwest, we have Class of 2014 members going to Chicago and Indianapolis to work Read More

Ron Terwilliger speaks to our Undergraduate and MBA Real Estate students on campus

May 1, 2014 By Mason Ellerbe Ron Terwilliger

This post was written by Mason Ellerbe, MBA Class of 2015 Recently we were excited to host Ron Terwilliger, former CEO of Trammel Crow Residential. Mr. Terwilliger spoke to a group of approximately 50 students made up of UNC Kenan-Flagler MBA and Undergraduate Business real estate club members. We heard about how he first got into the real estate business working on a residential development in Hilton Head, South Carolina after graduating from the Naval Academy and receiving his MBA from Harvard Business School. Later in his career Mr. Terwilliger achieved tremendous success with the Trammel Crow Company where he worked with many distinguished Kenan-Flagler alumni including Leonard Wood.  Mr. Terwilliger shared with the group the most important key to Read More

Real Estate Club Holds Annual Spring BBQ

April 22, 2014 By Mason Ellerbe

This blog was written by Andrew Eckman, MBA Class of 2015 On the evening of Thursday, April 17th, the UNC Kenan Flagler Real Estate club gathered on Franklin Street for its annual Spring Barbecue.  Students, faculty, staff and significant others were all in attendance.  Food and drink were by Al’s Burger Shack.  In typical Club fashion, a single keg could not satiate the masses, and a sixtel was brought out in reserve. The bluegrass music was provided by the band of UNC Kenan Flagler’s own Dave Hartzell.  At the close of the set, attendees were treated to a rendition of Old Crow Medicine Show’s Wagonwheel with vocals provided by current students John Dameron (MBA ’15) and Keaton Hurt (MBA ’15).  Read More

Undergraduate Team Places 2nd in Villanova Real Estate Challenge

April 17, 2014 By Susan Drake Web-Villanova-Team-2014

This blog was written by Matt Muse (Undergraduate Business Program, Class of 2014) Four members of the Undergraduate Real Estate Club participated in the Villanova Real Estate Challenge hosted by the DiLella Center for Real Estate. The competition, which is structured as a real estate development case, included teams from across the country*. The four members of the UNC Kenan-Flagler Business School Undergraduate team were Will Walton, Matt Muse, Josh Glover and Drew Nations. The case asked teams to determine the highest and best use for a 32-acre parcel of land in a tertiary market of South Florida. After diligent analysis and preparation, the UNC Kenan-Flagler team presented a proposal for a mixed-use project consisting of retail and multifamily. To Read More

Joint ULI/Wood Center Panel on “Women in Real Estate” and “40 Under 40″ ULI Initiative

April 17, 2014 By Susan Drake ULI

Don’t miss the article in the Triangle Business Journal highlighting the panel on “Women in Real Estate“.  Staff writer Amanda Jones Hoyle highlights the panel’s participants and the open conversation which ensued from moderator Laura Quinn (MBA Class of 2014) and Lynn Fisher (Flanagan Scholar at Kenan-Flagler Business School). Also part of the day’s activities, Julie Paul of the Triangle ULI presented a short video titled “40 Under 40“.   The video highlights ULI’s initiative to recognize the top 40 Real Estate Professionals under 40.  The 40 Under 40 winners will be profiled in Urban Land and will be recognized at the ULI Fall Meeting in New York City in October 2014.  ULI’s mission is to provide leadership in the responsible Read More

Real-world real estate: Real success

April 16, 2014 By Susan Drake

We would be remiss if we didn’t bring this article to your attention…..Originally posted on UNC KENAN-FLAGLER NEWS   After 15 years in the real estate market, Ross Cowan (MBA ’99) knows that the key to success is staying curious. “Have a curious mind,” said Cowan, managing director of real estate investment firm Northwood Investors. “If you enjoy doing something, it means you’ll work hard at it. If you work hard, most likely you’ll be successful.” He spoke on “The Class of 1999” industry panel at the 2014 UNC Real Estate Conference on March 27. Organized by the Leonard W. Wood Center for Real Estate Studies at UNC Kenan-Flagler, the conference brought together real estate professionals from all industry segments Read More

UNC Hosts Largest Real Estate Conference in School History

April 1, 2014 By Susan Drake 2014-Conf

This blog was written by Mason Ellerbe, MBA Class of 2015 On Thursday, March 27th the Wood Center for Real Estate Studies hosted the annual UNC Real Estate conference with over 370 undergraduate and MBA students, alumni and friends of the program attending the event. Speakers at this year’s conference included a welcome from our new UNC Kenan-Flagler Business School Dean, Doug Shackleford who was introduced by Leonard Wood (MBA ’72).  He was followed by the conference keynote speaker, Boston Properties President, Doug Linde.  Conference speakers included USAA Global Head of Research, Will McIntosh, PWC National Partner and Real Estate Leader, Byron Carlock, and Founder/President of the National Investment Center for the Seniors Housing & Care Industry, Robert Kramer.   Read More

Undergraduate Business Real Estate Club visits DC

March 31, 2014 By Susan Drake Undergradute-Real-Estate-DC

This blog was written by Drew Nations and Alex Ransenberg, Undergraduate Business Program Class of 2015 On February 6th and 7th, the Undergraduate Business Real Estate Club visited Washington, D.C. for our 2014 Real Estate Career Trek.  During the trip we visited with nine companies: Boston Properties, Eastdil Secured, Perseus Realty, Clarion Partners, Avalon Bay, HFF, Avison Young, MRP, and JBG.  Visiting these companies provided all the trek attendees with great exposure to the Washington, D.C. real estate market in addition to a variety of real estate sectors.  From development to real estate investment management, we had the opportunity to see real estate from the ground level to 30,000 feet. While this experience was new to all of us, we Read More