The Urban Land Institute published the 4th edition of the Professional Real Estate Development, co-authored by Professor Sofia Dermisi. Dermisi holds a joint appointment between the Department of Real Estate and the Department of Urban Design and Planning.
Rising rents are drowning Washington’s smaller cities
Seattle may have the highest rents statewide, but communities such as Walla Walla and Spokane have seen the most drastic losses in affordability. | Crosscut
Online talk about Transforming the Irvine Ranch: Joan Irvine, William Pereira, Ray Watson, and THE BIG PLAN
UC Irvine Libraries is hosting a Hybrid Book Talk and Lecture on the History of the City of Irvine and UCI. This event will feature H. Pike Oliver and C. Michael Stockstill, authors of Transforming the Irvine Ranch: Joan Irvine, William Pereira, Ray Watson, and The Big Plan for an insiders’ account of the history of UCI and its surrounding community.
2022 Runstad Leadership Dinner
The Runstad Department of Real Estate held its 9th annual Runstad Leadership Dinner on October 13th with more than 700 people in attendance. This year the Leadership Dinner focused on raising support for undergraduate students within the Department.
Acolin Awarded NIH R21 Grant to Study Gentrification, Mobility, and Health
Arthur Acolin, Associate Professor and Bob Filley Endowed Chair in the Runstad Department of Real Estate, was recently awarded an NIH R21 grant for his project entitled ‘Gentrification, Mobility, and Exposure to Contextual Determinants of Health.’
Opinion: Density is necessary but insufficient to ease the housing crisis
“We believe, and the vast majority of the scholarly evidence corroborates, that density is a necessary but insufficient condition for addressing the housing affordability crisis,” writes Gregg Colburn, assistant professor of real estate, and Rick Mohler, associate professor of architecture. | The Seattle Times
Access and recovery: A conversation about the transitional housing of individuals experiencing homelessness
Professor Gregg Colburn weighs in on the benefits of housing individuals experiencing homelessness in hotels, a program adopted by King County at the beginning of the COVID-19 pandemic. | The Daily
2016 Runstad Center Affiliate Fellows Present: A City to Love
Please join us for the 2016 Runstad Center Affiliate Fellows final presentation of their research from Auckland, New Zealand. They have explored the ways in which a city can rapidly transform the function and capacity of the public right of way to support a rich urban life at a time of unprecedented population growth. A relevant topic indeed!
A CITY TO LOVE
VISIONS OF A PUBLIC REALM
Friday, February 17, 2017
Gould Hall, room 440
3950 University Ave NE
Seattle, WA 98195
Refreshments will be served, please RSVP to firstname.lastname@example.org
The Runstad Center Affiliate Fellows Program gathers thought leaders from industry, faculty, and Master of Science in Real Estate students to examine real estate issues in cities around the globe. The 2016 Runstad Affiliate Fellows are Rick Mohler, Barbara Swift, Joe David, Giovanni Migliaccio, Genevieve Hale-Case, Amy Hartman, and Ben Broesamle.
Financial and macro-economic factors in global real estate markets
The last three decades have seen increased integration across global stock markets. New research from the Runstad Center of Real Estate Studies at the University of Washington has examined what factors drive international integration across public real estate markets. The research has implications for fund managers as increased integration can have a negative impact upon the diversification opportunities available across global real estate markets. The findings observe that whilst public real estate markets have become more inter-connected, both the level and increase in integration is less than that observed in stock markets generally.
The research, authored by Simon Stevenson, John and Rosalind Jacobi Family Professor of Real Estate and Director of the Runstad Center, also considers how financial and macro-economic factors impact the extent of co-movement across markets. The results highlight that those countries with heightened financial and trade openness and display monetary independence see increased integration. The stability of respective the foreign exchange rate also has a significant impact.
Financial market factors, both specific to public real estate as well as the broader stock market, are also important. The paper finds that increased integration is observed in countries with larger stock markets, which are themselves more integrated with the global market, whilst the size of the public real estate market also plays an role. Specifically, public real estate markets that constitute a larger proportion of the overall domestic stock market, also tend to display increased integration. Factors such as volatility and trading volume in public real estate stocks are also important elements.
The paper, “Macroeconomic and Financial Determinants of Co-Movement across Global Real Estate Security Markets” is published in the latest issue of the Journal of Real Estate Research, the primary publication of the American Real Estate Society.
Faculty search underway for undergraduate courses
The University of Washington’s Department of Urban Design and Planning and the Runstad Center are seeking two affiliate part-time instructors for the spring quarter to teach a Real Estate Market analysis course and an Accounting for Real Estate course. The instruction dates are from March 28th through June 1st with exam week being from June 5-9th. For additional information and material submission please contact Prof. Sofia Dermisi at email@example.com The application deadline is February 10th, 2017 and specific information regarding the position can be found here