May 9, 2014

Center for Real Estate welcomes pair of industry leaders

Demonstrating its commitment to providing students with unique insights into the industry, the Ohio State Center for Real Estate recently brought to campus a pair of leaders to speak on the current state and future of commercial and industrial real estate.

Charles Klatskin is managing director and chairman of the Charles Klatskin Company, a commercial real estate brokerage, development and management firm he founded in New Jersey in 1966. Peter Linneman is the principal of Linneman Associates, chief economist of NAI Global and the leader of several other real estate brokerage and consulting firms.

Their visit to Gerlach Hall on the Fisher College of Business campus drew students from across the university for a lively discussion.

“We were honored to have Charles and Dr. Linneman on campus, engaging with our talented students,” said Itzhak Ben-David, academic director of the Center for Real Estate and the Neil Klatskin Chair in Finance and Real Estate at Fisher. “Bringing thought leaders to campus is a fundamental part of the Center for Real Estate’s mission to elevate this dynamic industry and help prepare the next generation of real estate leaders.”

Klatskin is a longtime benefactor at Fisher, supporting the college’s finance and real estate programs through the Neil Klatskin Chair in Finance and Real Estate and the Neil M. Klatskin Memorial Scholarship.

In his presentation, Linneman, the founding chairman of the Real Estate Department at the Wharton School of the University of Pennsylvania and the founding director of Wharton’s Zell/Lurie Real Estate Center, provided historical context into real estate investment and specifically focused on recent industry developments since the economic downturn more than five years ago. He said that, although the real estate market is still sluggish, there are signs that recovery -- and opportunity -- are on the horizon.

“Real estate is such a capital and durable item that when you’re in a moment like this, you’d better have a handle on big questions like uncertainty by consumers in other markets tied directly and indirectly to real estate,” Linneman said.

Liesel M. Schmader, a Juris Doctor candidate at The Ohio State University Moritz College of Law, said her interest in real estate and the Center’s ability to leverage all of the university’s real estate resources drew her to Fisher for the event.

"The Center for Real Estate has set itself apart by providing students with multiple opportunities to engage with industry leaders,” she said. “By hosting brilliant minds like Mr. Klatskin and Dr. Linneman, the Center enables students to learn and develop leadership skills, build relationships that transform into mentorships and partnerships, and learn about the sector's past in order to apply this knowledge to its future -- all to maximize the industry.”