Real Estate

Lessons learned from the PERE New York Summit

December 8, 2014 By Susan Drake

This blog was written by Pritesh Patel, MBA Class of 2015 Several weeks ago, I had the privilege of attending the PERE New York Summit alongside two other 2nd year MBA students, Professor Jacob Sagi and Wood Center Executive Director, Jim Spaeth. The PERE New York Summit consisted of a series panels and speakers discussing current topics in real estate private equity. The Wood Center for Real Estate Studies sponsored three 2nd year students including Keaton Hurt, Louis Smart, and myself. This was a significant gift from the Wood Center that provided us with a unique opportunity to learn from icons of the real estate private equity industry. A few of the prominent panel speakers included Simon Treacy, Global CIO Read More

It’s All Fun Fun Fun at the Real Estate Financial Modeling Workshop

December 8, 2014 By Susan Drake

This blog was written by John Duckett, MBA Class of 2016 The first year MBA real estate concentrators completed a real estate financial modeling class led by Scott Coblentz, class of 2011. Scott worked in Bank of America’s investment banking group prior to graduate school, and after receiving his MBA he worked for multi-family developer, Crescent Communities. In his latest role, Scott has assumed a director role for a developer and investment manager out of Charlotte, Princeton Communities. The financial modeling class was taught using a case format, where students had the opportunity to build full models for value add, development, and joint venture projects. Throughout each case study, there was a premium put on best practices to create flexible Read More

Leonard Wood and Chris Cole Visit Kenan-Flagler

December 8, 2014 By Mason Ellerbe

This blog was written by Stuart Kessler, MBA Class of 2016 Recently students from both the undergrad and MBA programs gathered in a classroom at Kenan-Flagler to listen to a talk by Leonard Wood and Chris Cole. Mr. Wood, a Kenan-Flagler MBA graduate and founder of Wood Partners L.L.C in Atlanta, asked a series of targeted questions to Mr. Cole in an interview style panel discussion. Students listened in as Mr. Wood’s longtime business partner Chris Cole offered advice that has lend to his success. Mr. Cole emphasized the importance of finding the right business partner, which he believes is someone who you can trust above all else, a sentiment echoed by Mr. Wood. In addition, Mr. Cole also walked Read More

To Our Amazing Real Estate Alums

December 4, 2014 By Susan Drake

This blog was written by Jim Spaeth, Executive Director, Leonard W. Wood Center for Real Estate Studies In the wake of the Thanksgiving holiday, it seems only appropriate to acknowledge the tremendous support we regularly receive from our real estate alumni around the country.  Whether it was planning our recent alumni reception at the NAREIT REITWorld conference in Atlanta, hosting our students this semester during career treks to DC, New York City and Charlotte, or delivering over 25 guest appearances in our classrooms thus far this academic year, our alumni are absolutely critical to delivering UNC Kenan-Flagler’s world-class real estate offerings. I consider myself lucky to be able to work with our alums on a daily basis, as their affinity Read More

Johnson Development Associates, American Storage, OTO Development: Excellence across Property Types

October 28, 2014 By Mason Ellerbe

This blog was written by Vincent Manzenberger, MBA Class of 2015 Recently, UNC Kenan-Flagler welcomed Johnson Development Associates (JDA) and its affiliated companies American Storage and OTO Development to campus for a presentation and interviews. Real Estate professionals Geordy Johnson, Ben Graves, David Berry, Corry Oakes, and Todd Turner treated a group of more than 35 students to a company overview and an introduction into development activities across the property types of multifamily, storage, and hotel development. Attendees learned about the history, market-focus, recent initiatives and future plans of the companies, which are headquartered in Spartanburg, SC, and benefited from an interactive presentation that also included various case studies. Of particular interest to all students was a discussion surrounding a Read More

The MBA Real Estate Club Visits NYC

October 28, 2014 By Mason Ellerbe

This blog was written by Andrew Eckman, Class of 2015 The UNC Kenan-Flagler MBA Real Estate Club made its annual two-day fall break trip to New York City to hear from leading real estate employers.  In all, eleven employers hosted the 25 students over the course of the two days.  Each host provided a unique perspective on the market, competitive landscapes and professional development. Thursday started with a visit to Morgan Stanley, where we heard from the real estate investment banking team about recent activity in their group, day-in-the-life experiences and the Morgan Stanley platform. For our second visit, we toured the AVA High Line project, hosted by development manager, Jon Vogel.  The development of the High Line has spurred Read More

Buildings and Bowling in Buzz City

October 27, 2014 By Susan Drake

This blog was written by David Valenstein, Undergraduate Class of 2015 Mid-semester, 15 undergraduates real estate club members participated in an educational and eventful career trek to Charlotte, totaling 2 property tours and 7 company visits. For many club members, the trek represented an introduction to the ever-evolving Charlotte market, a chance for first time trek participants to establish connection with the greater Tar Heel alumni network, and an opportunity to gain first hand insight into a diverse set of real estate career opportunities. The trek opened with a tour to The Moser Group, an entrepreneurial development shop south of Charlotte in Indian Trail, NC.  Dennis Moser, President and founder of the Moser Group, showed us a variety of projects Read More

The MBA Real Estate Club Visits Charlotte

October 10, 2014 By Mason Ellerbe

This blog was written by Mason Ellerbe, MBA Class of 2015 Recently a group of 33 first and second year MBA Real Estate students traveled to Charlotte to visit with several real estate firms in the area. On our first day we had the opportunity to meet with Jeremiah McCrory from Batson-Cook Construction at their Skyhouse development in Charlotte scheduled to be delivered in May 2015. Batson-Cook and Novare have partnered on over 11 Skyhouse towers around the Southeast, occasionally partnering with local developers on individual projects. In Charlotte their partner is Grubb Properties. Jeremiah told us how building essentially the same building over again in different cities has allowed Batson-Cook to streamline its construction process saving time and money Read More

MBA Fall Real Estate DC Trek – Two Days, Seven Projects

October 1, 2014 By Mason Ellerbe

This blog was written by Mary Margaret Little, MBA Class of 2016 The MBA Real Estate Club recently visited Washington, D.C. for the first career trek of 2014-2015 academic year.  With the support of the MBA Real Estate Club and the Wood Center, the Alumni Networking Reception was held at The Gryphon in Dupont Circle. We had a great turnout, and we look forward to seeing many more of you during our next visit in February 2015. Over the two-day trip, we toured seven projects throughout the District and Maryland. We explored projects in various stages of completion with tours given by seven different companies including: mFlats by Kettler, Pike & Rose by Federal Realty Investment Trust, Bethesda Crossing by Read More

Asset Class Fundamentals at UNC Kenan-Flagler

September 23, 2014 By Susan Drake

This blog was written by Jonathan Lim, MBA Class of 2016 Recently, the classes of 2015 and 2016 had the opportunity to meet with and learn from leaders in a variety of asset classes and industry functions during company presentation day at UNC Kenan-Flagler. Both a learning opportunity for those without real estate backgrounds and a networking opportunity for the class as a whole, company presentation day was a great success and a rare opportunity to gain a wide knowledge of real estate at both the macro and company levels. Through discussions surrounding larger economic and consumer trends and firm-level strategy, we were able to gain a holistic view of the multi-family, commercial, retail, and industrial asset classes. We started Read More