Letter from the Runstad Department of Real Estate Co-Chairs
It’s with great pride and excitement that we step into the roles of Co-Chairs of the Runstad Department of Real Estate at the University of Washington. We are honored to be part of this vibrant community of faculty, staff, and students who are all deeply committed to advancing the field of real estate in ways that will make a difference.
Our work here provides us with a unique opportunity—not just to shape the future of real estate, but to educate the next generation of leaders, thinkers, and innovators. Together, we are tackling complex challenges such as addressing housing needs, creating sustainable urban spaces, and driving responsible development. The impact of our efforts is profound, and the work we do matters deeply.
What excites us most is the incredible potential we have to bring diverse perspectives to the table. In our leadership approach, collaboration is key. We believe that our department thrives when we work together—when we communicate openly, listen with intention, and respect the unique contributions each of us brings to the conversation. It’s through these collaborations that we will make lasting impacts, both within the University and in the broader real estate and built environment communities.
As we move forward, one of our top priorities will be to enhance the student experience. We are passionate about creating opportunities for our students to connect with industry professionals, to gain hands-on experience, and to feel empowered by their education. By working closely with our affiliate instructors, we’ll ensure that our curriculum is not only rigorous but also relevant and enriching, preparing students for the demands of an ever-changing industry.
Our research is equally critical. We are positioned to lead innovative thinking on some of the most pressing issues facing real estate and urban development today. As co-chairs, we will work to ensure that our faculty and staff have the resources and support they need to conduct high-quality research that can make a tangible difference. It’s important that we amplify both individual achievements and the collective success of our department to elevate our reputation as a leader in the field.
Together, we have the opportunity to build a department that not only excels but also leads with purpose. We are excited for the work ahead and look forward to building strong relationships with each of you as we strive to make a lasting impact.
Sincerely,
Shannon Affholter
Co-Chair, Runstad Department of Real Estate
Rebecca J. Walter
Co-Chair, Runstad Department of Real Estate