MSRED Fall 2018 Newsletter

SUSTAINABLE REAL ESTATE DEVELOPMENT Master of Sustainable Real Estate Development

Real Estate Summer Minor Institute

Sustainable Real Estate Development Certificate

INSIDE: Page 5: Port of NOLA Internship Page 9:

RESM Program Highlights

Page 11:

MSRED Alumni Profile Anthony Kimble

FALL 2018

NEWSLETTER

FROM THE DIRECTOR

MSRED AT-A-GLANCE

The Fall semester is a time for new beginnings

Female/Male 35.1% / 64.9%

at Tulane University – but for the MSRED program, Fall represents the middle.

With the intensive Summer semester as a foundation, core classes in finance, economics, legal issues, and design take on more advanced topics in the Fall. Most MSRED students also take on an internship with a local industry partner in the Fall. The GIG internship program is now in its fourth year, having connected our students with

Average Age

Average GPA

26.2

50.5% of graduates currently live in New Orleans

3.24

over 30 local hosts. See pages 4-5 in this newsletter for this year’s internships.

Additionally, the Urban Land Institute Fall Conference is a tradition and program highlight, this year in Boston, MA. One of our site visits on the Boston trip was facilitated by MSRED alum Nate Ardente (’14) at Redgate Capital Partners, where he worked as an Associate. Nate has since taken on a new role with MIT Investment Management Company which invests over $14 billion in assets to support the educational mission of MIT – congratulations Nate! See other alumni updates on page 12.

14.4%

Principal,Owner, or Partner

continue to be diverse in topic, scope, and in the range of

42.2% of graduates

Graduates’ Professional Titles

lived in Louisiana prior to starting the program

69%

think seriously about their capstone research projects for

is both intimidating and energizing. These research projects

Vice President, Director, or Senior Manager

Consultants

The Fall is also a time when our graduate students start to

the Spring, and the fact of graduation in just a few months

13.4%

2%

Analyst, Coordinator, Assistant Manager, Project Manager, or Associate

practitioner clients selected by our students. See page 6 for

of 2018.

47.4% of graduates

12.8%

a listing of the research topics and partners from the Class

$80,000 - $100,000

15.4%

$100,000+

Finally, the Fall semester represents the greatest outreach from our program to prospective students applying for the coming year. In that sense, it is in fact a time for new beginnings. So thank you for your continued interest, and let’s begin again.

CASIUS PEALER Director & Professor of Practice cpealer@tulane.edu

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currently live outside of Louisiana

38.5%

Graduates’ Income

7.7%

Less than $40,000

$60,000 - $80,000

25.6%

$40,000 - $60,000

INTRODUCING THE MSRED CLASS OF 2018-2019 MUHANAD ALFARDAN Hometown – Manama, Bahrain Previous Institutions – University of Bahrain (’10) Degree – B.S. Architecture

JAMES HOLLEY-GRISHAM Hometown – Rochester, NY Previous Institutions – St. Lawrence University (’17) Degree – B.S. Mathematics

ANTHONY “JOEY” COUVILLON Hometown – Central, LA Previous Institutions – University of New Orleans (’15) Degree – B.S. in Urban Studies and Planning

MARK “HAYNES” JOHNSTON Hometown – Pelham Manor, NY Previous Institutions – Bates College (’10), Tulane University Degrees – B.A. in Rhetoric and European History, Master of Architecture – expected 2019

KERISTEN EDWARDS Hometown – Gretna, LA Previous Institutions – Tulane University Degree – Master of Architecture – expected 2020 CAROLINE GARFIELD Hometown – Cape Elizabeth, ME Previous Institutions – Tulane University Degree – Master of Architecture – expected 2020 MEGAN GILMORE Hometown – Jackson, MS Previous Institutions – University of Mississippi (’15) Degree – B.S. Criminal Justice MAGGIE HARRIS Hometown – Portland, OR Previous Institutions – University of Oregon (’10), Tulane University Degrees – B.A. in Journalism, Master of Architecture – expected 2019

LARUSCHKA JOUBERT Hometown – Gauteng, South Africa Previous Institutions – Tulane University Degree – Master of Architecture – expected 2019 JOSEPH LATSON Hometown –Dallas, TX Previous Institutions – University of Denver (’10) Degrees – B.S. in Finance, B.A. in Real Estate WILL MCCOLLUM Hometown – Marietta, GA Previous Institutions – Georgia Tech, Tulane University Degrees – B.S. Architecture, Master of Architecture – expected 2019

ALEX MEYER Hometown – Portland, OR Previous Institutions – Tulane University (’16) Degree – B.S. in Finance KATELIN MORGAN Hometown – Columbus, OH Previous Institutions – Miami University of Ohio (’17), Tulane University Degrees – B.A. in Architecture, Master of Architecture – expected 2020 BROOKE RHEA Hometown – Ambler, PA Previous Institutions – Tulane University (’18) Degree – B.S. in Economics OREN RICHKIN Hometown – Lexington, MA Previous Institutions – Dickinson College (’15) Degree – B.A. Environmental Studies CARTER RIGHI Hometown – Phoenix, AZ Previous Institutions – University of Pennsylvania, Tulane University Degrees – B.F.A. and Bachelor of Landscape Architecture, Master of Architecture – expected 2019 JACOB RUBIN Hometown – Riverwoods, IL Previous Institutions – Tulane University (’18) Degree – Bachelor of Architecture TAYLOR SCOTT Hometown – Sterling, VA Previous Institutions – University of Virginia (’12), Tulane University Degrees – B.S. Architecture, Master of Architecture – expected 2020

ALAN SHARLOW Hometown – Baton Rouge, LA Previous Institutions – University of Arkansas – Pine Bluff (’02), University of Arkansas – Little Rock (’12) Degrees – B.S. Music Education, K-12 Vocal and Instrumental, M.Ed in Learning Systems Technology SERAFINA “LINA” ALFIERI STERN Hometown – New Orleans, LA Previous Institutions – Tulane University (’92 & ’97) Degrees – B.A. Sociology and French, M.B.A. VERONIKA SUAREZ Hometown – Miami, FL Previous Institutions – Pratt Institute (’16) Degree – B.A. in Architecture BRANDON SURTAIN Hometown – New Orleans, LA Previous Institutions – Louisiana State University (’17), Tulane University Degrees – B.F.A. Fine Arts, Master of Architecture – expected 2019 ALINA VOLKOVA Hometown – Moscow, Russia Previous Institutions – State University of Management (’08) Degree – B.A. in Public Relations MAX WARSHAW Hometown – New York, NY Previous Institutions – University at Buffalo – SUNY (’17), Tulane University Degrees – B.S. Architecture, Master of Architecture – expected 2019

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2018-2019 MSRED INTERNSHIP PROGRAM

Now in its fifth year, the formal internship program called “Graduate Internship, Go!,” or GIG for short, returns with new partnerships for all interested MSRED students. GIGs are paid positions, approximately 15 hours per week in addition to the standard MSRED course load. These practical experiences and working relationships will be key in each student’s job search after graduation.

options for municipal projects and public-private partnerships.

ALEMBIC COMMUNITY DEVELOPMENT GIG SUPERVISOR: Jon Leit & Mike Grote MSRED Student: Maggie Harris Maggie is helping Alembic with research for a new transitional housing project in New Orleans. She is tasked with finding precedents for transitional housing and developing a list of best practices for similar transitional housing developments.

CITY OF NEW ORLEANS (ENERGY) GIG SUPERVISOR: Camille Pollan MSRED Student: Muhanah Alfardan Working with the City of New Orleans’ Office of Resilience and Sustainability Department, Muhanad is helping to promote the City’s Resilience Strategy and Climate Action Strategy. Specific tasks include researching impacts of the policy and outreach to key real estate partners and associations.

CITY OF NEW ORLEANS (STORMWATER MANAGEMENT) GIG SUPERVISOR: Tyler Antrup MSRED Student: Lina Alfieri-Stern Lina’s role with the City of New Orleans’ Stormwater Management team is to explore the highest and best use of City owned facilities. This includes the development of case studies from similar cities, analysis of emerging and innovative financing

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DOMAIN COMPANIES GIG SUPERVISOR: Caitlin Munn MSRED Student: Oren Richkin Working with Domain’s real estate development team, Oren’s role is to provide broad support to project analysis, due diligence, affordable and market-rate property management, commercial leasing, budgeting, as well as supporting training, technology initiatives, and data management efforts within Domain’s portfolio.

DOMAIN COMPANIES GIG SUPERVISOR: Megan McNeill MSRED Student: Alex Meyer Alex’s role with Domain Companies is to assist the operations team with developing a forecasted budget for all New Orleans, Baton Rouge, and New York properties in 2019.

ECOPRENEUR INSTITUTE GIG SUPERVISOR: Katy Reynolds MSRED Student: Will McCollum Will is assisting the Ecopreneur Institute with the development of marketing materials, grant applications and other materials to raise the required capital to launch development of a $100 million iconic educational facility located on the Lafitte Greenway. The facility will be tasked with providing sustainable and resilient solutions for solving Climate Change challenges.

Felicity Redevelopment Inc. GIG SUPERVISOR: Ella Camburnbeck MSRED Student: Jake Rubin Jake’s role with Felicity Redevelopment is to identify new purchasing opportunities along the Oretha Castle Haley Blvd. and create a redevelopment plan for a 1890’s school building.

GREEN COAST ENTERPRISES GIG SUPERVISOR: Will Bradshaw MSRED Student: Joe Latson Working directly with Green Coast Enterprises’ development team, Joe’s role is to assist with all project feasibility and project management activities associated with GCE’s new mixed-use project located in the Freret neighborhood in New Orleans.

HRI PROPERTIES GIG SUPERVISOR: Carey Slocum MSRED Student: Haynes Johnston Working closely with HRI’s Development and Finance Departments, Haynes’ role is focused on research and analysis related to new project origination and execution, including research of micro and macro industry statistics in approximately 10 nation-wide markets, cataloguing of real estate ownership, and identification of new construction and historic rehabilitation opportunities within the identified target markets that fit HRI’s mission and development expertise.

LANDIS CONSTRUCTION GIG SUPERVISOR: Chris Generes MSRED Student: Alan Sharlow As an intern for Landis Construction LLC, Alan is working directly with the President to understand the New Orleans market through research and outreach to developers, clients and design professionals.

NEW ORLEANS BUSINESS ALLIANCE GIG SUPERVISOR: Lynnette WhiteColin & Wayne Ecalarde Jr. MSRED Student: James HolleyGrisham James is assisting the NOLABA with cataloguing commercial real estate assets so that the NOLABA can strategize for future development in strategic corridors in the New Orleans East neighborhood.

PORT OF NEW ORLEANS GIG SUPERVISOR: Christie Coats & Jacob Crist MSRED Student: Alina Volkova Alina is assisting the Port of New Orleans with determining the ownership status of all non-general cargo riverfront properties with the three-parish jurisdiction of Orleans, Jefferson and St. Bernard Parishes.

Using this information, Alina is reviewing the Port’s recently issued Master Plan and developing a list of recommendations to best integrate the subject properties into the Master Plan’s strategy.

GIG INTERNSHIP SPOTLIGHT TRAPOLIN PEER ARCHITECTS GIG SUPERVISOR: Paula Peer MSRED Student: Veronika Suarez Veronika’s position involves conducting market research and financial feasibility studies for Trapolin Peer Architects while considering different models of funding including historic tax credits. Veronika is also assisting with the completion of a Sustainability Plan as part of Trapolin’s AIA 2030 Commitment to improved sustainability.

WALKER & DUNLOP GIG SUPERVISOR: Stephen Farnsworth MSRED Student: Brooke Rhea Brooke’s role with Walker & Dunlop is to assist with various loan underwriting tasks including working with Fannie Mae and Freddie Mac on upcoming multifamily transactions, preparing due diligence information on loan packages, and analyzing properties withing W&D’s existing portfolio for refinancing opportunities.

ALINA VOLKOVA Port of New Orleans Alina Volkova, MSRED ’19, has spent the last 12 weeks of the fall semester interning at the Port of New Orleans as part of the annual Graduate Internship GO (GIG) program. Alina was interested in this position because she, “wanted to spend [her] internship grasping a new experience, different from what [she]

VERIUS PROPERTY GROUP ENTERPRISES GIG SUPERVISOR: Michael Merideth MSRED Student: Megan Gilmore Megan’s primary role is to assist VPG Enterprises’ development, management and construction teams through the acquisition and development of a 100unit multifamily property in New Orleans East. Additionally, Megan will be assisting VPG Enterprises with the research and implementation of new construction technologies to continue to drive long-term affordability for its residents.

has been doing before, but still strategically related to real estate.” Before starting the MSRED program, Alina lived in St. Petersburg, Russia, and worked in the corporate business environment. So, for her, choosing a large-scale public entity was practical, especially because of its regional, national, and WATER INSTITUTE OF THE GULF GIG SUPERVISOR: Jeff Hebert MSRED Student: Katelin Morgan Katelin’s role with the Water Institute of the Gulf is to support the Institute’s new year-long planning and urban design project in Houston, TX where they will be supporting a more resilient recovery for the city post-Hurricane Harvey. Specifically, Katelin will be performing a detailed real estate development analysis near and along Houston bayous, where city stakeholders are investing in an extensive network of connected parks and trails that also provide flood migration benefits.

international connectivity and importance.

In regard to real estate, the Port of New Orleans is important to the City because it owns more than 1,000 acres of industrial land along the City’s most important waterways. Some of this land is used by the Port itself, but a large amount is leased to private industries for various purposes. Thus, the Port’s decisions on how to employ the potential of these sites is crucial. In May 2018, the Port released a Master Plan to help guide the Ports growth over the next several decades to maximize economic productivity and sustainability.

During the internship, Alina’s role started off with identifying ownership structures for various parcels within the Port’s three Parish jurisdiction. Based on this initial research, Alina conducted a feasibility analysis to determine what to do with underutilized areas, specifically with land located along the New Orleans Industrial Canal, or Inner Harbor. Alina’s involvement was important because the revisioning of the Inner Harbor is an integral part of the Port’s new Master Plan.

Reflecting on her internship, Alina says, “the networking opportunities were excellent and it was a great change to jump in to the real estate industry in the Gulf Region which is crucial for me as an international student.” Alina also says, “the GIG provided a hands-on application of knowledge and a chance to see real-life challenges outside of the academic environment.”

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2018 DIRECTED RESEARCH PROJECTS

2018 MSRED GRADUATION AWARDS

Each spring, MSRED students complete a

SERITAGE GROWTH PROPERTIES

LUCAS ELSER

significant research project on an innovative

NEW YORK, NY

received the Academic

topic of their choosing, as part of the Directed

Andrew Glassman, Advocating for Multi-Family

Distinction Award

Research course. The project gives students an

Transit Oriented Development in Long Island, NY

presented annually

opportunity to select a professional client to collaborate with – a meaningful and practical partnership enabling students to network and build their professional resume.

to the student with

FINANCE AUTHORITY OF NEW ORLEANS

the highest grade

NEW ORLEANS, LA

point average over

Kyle Goggans, Supporting New Orleans’ Resiliency

the course of the program. Additionally, Lucas received the Leadership

NATIONAL GUARD PROPERTY FOUNDATION

DALLAS COUNTY

Award presented annually to the student who

BATON ROUGE, LA

COMMUNITY COLLEGE DISTRICT

has consistently shown leadership throughout the

Chris Bailey, National Guard Property Foundation

DALLAS, TX

MSRED program by demonstrating his/her ability to

and Public-Private Partnerships

Charles Haley, Smarth Growth Strategies: El

support and achieve the overall success of the team

Centro Community College Expansion

and the project. This award is selected by a vote of

BROOKLYN CAPITAL BROOKLYN, NY

MITHUN

Braham Berg, Impact Investing: Opportunities for

SAN FRANCISCO, CA

Private Developers to Align Product with Impact

Sam Levison, Approaching Net Zero Energy:

FELICITY REDEVELOPMENT

received the CITY OF MOSS POINT, MS

Elena Bueso, Short-Term Rentals in Central City

MOSS POINT, MS

CHICAGO, IL

KYLE GOGGANS

Multi-Family Housing

NEW ORLEANS, LA

TRIBUNE REAL ESTATE HOLDINGS

the graduating class.

Outstanding Service to the Program

Kenneth Moye, Engaging in Waterfront

Award, presented

Redevelopment in Moss Point, MS

Deirdre Clein, 777 West Chicago: A Study of

GREATER NEW ORLEANS HOUSING ALLIANCE

District-Scale Redevelopment

New Orleans, LA

annually to a student who has consistently strengthened the

Isaura Perez, Time and Costs in Affordable Housing

MSRED program through class performance,

DEVELOPMENT CORPORATION

JAZZLAND PARK

for his/her classmates. This award is selected by a

CINCINNATI, OH

NEW ORLEANS, LA

vote of the faculty.

Robert Denham, Implementing Surface Parking

Michele Rielly, Making Amusement Parks Friendly

Taxes in Downtown Cincinnati, OH

for All

UNIVERSITY OF TENNESSEE – KNOXVILLE

CITY OF NEW ORLEANS, LA

KNOXVILLE, TN

NEW ORLEANS, LA

Martha Elliott, Campus Residence Hall Planning

Noah Russin, Energy Efficiency in New Orleans

CINCINNATI CENTER CITY

and User Engagement

extracurricular and volunteer efforts, and support

GREATER PHILADELPHIA

HRI PROPERTIES

PASSIVE HOUSE ASSOCIATION

NEW ORLEANS, LA

NEW ORLEANS, LA

Lucas Elser, Deconstruction and Salvage: Waste

Alexander Sessums, Addressing Barriers to

Diversion in New Orleans

Passive House Construction in New Orleans

CBRE

SOMA DESIGN

BOSTON, MA

CHICAGO, IL

Celeste Favrot, Green Lending Incentives for

Me’osha Solsberry, Gentrification: Effects on

Multifamily Housing

Racial Equity

ROBERT DENHAM, LUCAS ELSER, CELESTE FAVROT, and SAM LEVISON all received commendations for their Spring 2018 Directed Research projects and

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public presentations.

MSRED & RESM FACULTY UPDATES Casius Pealer (MSRED Director) was

Richard Allen (MSRED Adjunct), the Vice

appointed to the Housing Authority of New

President of Development Finance at HRI

Orleans’ (HANO) Board of Commissioners.

Annie Cambria

Properties, closed on a city-owned property in downtown Tampa, FL. When complete, the project will consist of a 17-story dual brand hotel

Annie Cambria (RESM Adjunct) was promoted to Chief Operating Officer for the Education Facilities Department with the Recovery School District in New Orleans, LA.

with 345 keys and 3,200 sq. ft. of retail. This Fall, Richard also introduced the use of STR analysis reports as part of the final project for his SRED 6230 Real Estate Finance course.

Casius Pealer Will Bradshaw (MSRED Adjunct), founder of Green Coast Enterprises, recently announced plans to redevelop a mixed-use development at the old Publiq House bar on Freret Street in New Orleans, LA. Additionally, plans call for the construction of affordable condos in the adjacent parking lot, with roughly

In September, Joy Willig (MSRED Adjunct) and Casius Pealer (MSRED Director) led a group of MSRED students on a tour of the Port of New Orleans. The tour included a 90-minute cruise which offered a unique perspective to the Port’s vast amount of waterfront ownership.

a third of the units targeting residents who earn up to 80% of the area’s median income.

Will Bradshaw 17-story dual brand hotel with 345 keys and 3,200 sq. ft. of retail

Richard Allen

Joy Willig

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MSRED & RESM FACULTY UPDATES John Huppi (MSRED Assistant Director) and Casius Pealer (MSRED Director) taught a new course this Fall titled, “Making New Orleans.” The course is part of the University’s TIDES seminar program required to be taken by all undergraduates during their first year of study at Tulane.

Vic Franckiewicz (RESM Adjunct), Attorney at Butler Snow Law Firm, filed a lawsuit for the Make It Right Foundation against the organization’s architect, John C. Williams, seeking $20 million in damages for defective designs which led to a myriad of problems with the homes in the Lower Ninth Ward neighborhood including rotting wood, mold growth, and water damage.

Lisa Hodges (MSRED Adjunct), Project Manager for the Westport Community Economic Development Corporation, scored a victory for affordable housing in Baltimore, MD after a major door-to-door campaign efforts led to an agreement with the Mayor and City Council to allocate $20 million a year to the city’s affordable housing trust fund.

Jon Leit (MSRED Adjunct), Director of Alembic Community Development, completed the historic renovation of the former St. Rose de Lima Church on Bayou Road in New Orleans, LA. The $11.8 million renovation now houses the Southern Rep Theater.

TOP LEFT: The former St. Rose de Lima Church on Bayou Road in New Orleans, LA. TOP RIGHT: Jon Leit speaks at the church, the new home of Southern Rep Theatre.

After taking over the Case Studies in Real Estate Development course in Spring 2017, AJ Brooks (MSRED Adjunct) used this year as an opportunity to revamp the course to include

BOTTOM: AJ Brooks poses with Case Studies in Real Estate Development students .

several strategic partnerships to help students use real-world data in the classroom.

NEW FACULTY

Alexandra Miller, AICP, is a Managing

include economic development planning,

Principal at Asakura Robinson Company.

community development finance,

As an urban planner and community

physical and economic resilience, and

development professional, Alexandra

public engagement.

specializes in planning for inclusive,

ALEXANDRA MILLER Adjunct Lecturer, “Applied Urban Economics” 8

equitable economic development and community revitalization. Her work focuses on economic and social empowerment of communities that helps residents shape their own urban environments. Her areas of expertise

Alexandra has a B.A. in Anthropology from Northwestern University and a Master of Urban Planning from Harvard’s Graduate School of Design. She will be co-teaching the Applied Urban Economics course with Liana Elliott.

2018 SUMMER FIELD STUDY At the end of each summer semester, the newest class of MSRED students travel to other cities to tour innovative projects, meet with developers, public officials, and study the interaction of key real estate issues in a real-world setting. This year’s Summer Field Study took place in August and included stops in Washington, D.C. and Philadelphia, PA. This year, many local groups met with the students, and a cocktail reception was hosted in Washington, D.C. by Nixon Peabody, LLP. The full list of participating companies and organizations includes: WASHINGTON, DC • District of Columbia Office of Planning • District of Columbia Department of Transportation • Perkins + Will • U.S. Green Building Council • Institute for Market Transformation • Tower Companies • Mt. Vernon Triangle CID • OneDC • Dantes Partners • Nixon Peabody, LLP • National League of Cities • Rose Center for Public Leadership in Land Use • Enterprise Community Partners PHILADELPHIA, PA • Green Building United • City of Philadelphia • The Reinvestment Fund • Philly Office Retail • Jumpstart Germantown • Mt. Airy USA Community Development Corporation • Sullivan Progress Plaza Shopping Center • Interface Urban Design • Studio Bryan Hanes • Shift Capital • Onion Flats LLC

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REAL ESTATE MINOR SUMMER INSTITUTE HIGHLIGHTS This summer, a group of Tulane undergraduate students completed the Real Estate Minor Summer Institute program offered through the Tulane School of Architecture. A class of 50 students marked a substantial increase in enrollment as compared to the Class of 2016 which had 29 students.

The eight-week, 16-credit program offers five courses was taught by returning fgaculty members; Vic Franckiewicz, Clay Tanner, John Huppi (MSRED Class of ’14), Michael Bosio (MSRED Class of ’14), Curtis Doucette, Thom Smith, and Annie Cambria.

Brian Andrews also joined the faculty to teach the “Sustainable Urban Development” course which involves the implantation of the Urban Land Institute’s (ULI) UrbanPlan project. In addition to his academic activities at Tulane and the Louisiana State University (LSU), Brian is the Principal of Andrews Commercial Real Estate Services in Baton Rouge, LA. Major highlights of the 2018 summer included a case study competition as part of the “Fundamentals of Sustainable Real Estate Development” course led by the Program Director, John Huppi, and Faculty Adjunct, Michael Bosio. John says, “the students were each tasked with running a development feasibility analysis for a large blighted property in the City of New Orleans. Students had to conduct market research, decide on programming, and run financial proformas, before presenting their project in front of a panel of industry professionals including local estate developers and investors. The winning team consisted of undergraduate students Ben Stackel, Connor Taub, and Matthew Baum. Professor Huppi says, “the winning group did a fantastic job balancing project vision with real-world constraints. As a reward, we plan on taking the students on an aerial flight tour of the City, departing from Lakefront Airport. The flight will include a flyover of their project in addition to some unique views of many of New Orleans’ most impactful landmarks and real estate projects.”

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ALUMNI SPOTLIGHT Anthony Kimble MSRED Class of 2017 Owner Kimble Properties This Fall we got a chance to sit down with Anthony

conversion and entrusted us

Kimble (MSRED ’17) to see what he’s accomplished

to redevelop and restore the

since graduating from the MSRED Program.

historic properties that he

Anthony is part of the approximately 20% of

owned, which were plagued

MSRED graduates who’ve taken an entrepreneurial

by long term deferred

path into his real estate career.

maintenance. Additionally,

What have you been up to since graduation?

When I graduated from the MSRED Program I decided to continue pursuing my dream of becoming a real estate developer. This is something I started just prior to starting the MSRED program when I took on my first renovation project. My classmates often remember

we feel passionate about the Bywater’s convenient location, ample amenities, and vibrant art scene, which have made it one of the most active areas in New Orleans for new/re-development.

me stepping out to take phone calls from

Why did you choose to

contractors during class – applying knowledge

attend the Tulane MSRED

to practice right away! The reason I joined the

program?

MSRED program in the first place was to learn

For me, the network of like-

how to develop complex, large-scale real estate

minded people who have a

transactions so that I can have a greater impact on

passion for the real estate

my favorite neighborhoods in both New Orleans

world was very important. For

and Baton Rouge (where I grew up). At the

a lot of the investors I have

moment, I am working on several mixed-use and

met in my short career, real

residential projects in New Orleans, Baton Rouge,

estate investing is something

and Houston. In New Orleans, we have 17 units

they do in their spare time or

under construction in the Bywater neighborhood.

outside of their day job. Not

In Baton Rouge, we are redeveloping the historic

everyone wants to make real estate development

Blue House Construction + Consulting to assist

Electric Depot and Government Village into a

their career, so it was refreshing to be part of such

me with my development projects and to use our

community center and redeveloped retail center,

a vibrant, enthusiastic class.

talents to help other real estate investors.

How is the Tulane MSRED program helping you

How are you positioning yourself to take

grow your career today?

advantage of new opportunities?

Many of the people I use for services such as legal,

Simple, I value every relationship. Success in the

Why have you focused so much attention on the

consulting, etc., were introduced to me through

real estate industry is defined by successful human

Bywater neighborhood?

the program and are now part of my development

interactions. I can attest that my best deals have

In New Orleans, we have concentrated our effort

team. This includes other classmates who are

come from not just knowing the right people and

in the Bywater neighborhood because we were

now practicing in different areas of real estate

being in the right place at the right time, but that

able to acquire a number of properties through

and industry guest speakers who were a regular

people trust me and my team, and that we have a

an off-market purchase at a cost basis that made

staple of the program. One of my biggest assets is

reputation for quality development.

sense for us. The previous owner saw the work

Katherine O’Bryon (MSRED ’17), who graduated in

that we did on our 1872 Bywater Bakery residential

my class. She and I co-founded a firm called The

respectively. In Houston, we are just starting on a new townhome community which will break ground in 2019.

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ALUMNI UPDATES Check out what MSRED and RESM alumni have been up to over the past 6 months

2012

Kasey Liedtke (MSRED) is now Housing Developer for Bellwether Housing in Seattle, WA.

2014

Nate Ardente (MSRED) is now an Associate for the MIT Investment Management Company in Boston, MA. Nate also hosted current MSRED students during the class’ annual trip to ULI Fall Meeting.

This year the meeting was held in Boston, MA. John Huppi (MSRED) & Logan Rutledge (MSRED) recently purchased an 80,000 sq. ft. warehouse in Tupelo, MS. John and Logan plan a $3.3 million adaptive re-use of the structure into a sustainable climatecontrolled storage facility.

Michael Bosio (MSRED), CoFounder of MKRED, recently completed two new construction homes in the Algiers Point Historic District. In June, Michael also secured HDLC Architectural Review Committee approval for his Bywater luxury condo project ‘32Hundred’.

Shannon Zeimetz (MSRED) is now a Development Director at City Year in New Orleans, LA.

2015

Thomas Dacey (MSRED) is now a Project Manager for Champion Builders, Inc. in Boston, MA Theodore Newmyer (MSRED) is now a Project Developer for Eden Housing, Inc. Elizabeth Smyth (MSRED) was promoted to Development Associate for Renaissance Property Group in New Orleans, LA Robert Hoover (RESM) is now a Project Coordinator at TMPartners in Nashville, TN. Benjamin Feiger (RESM) is now a Project Manager at Studio MM in New York, NY. Courtney Schulingkamp (RESM)

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is now a Realtor at Dorian Bennett Sotheby’s International Realty in New Orleans, LA.

2016

Bryan Yim (MSRED) is now an Assistant Project Manager for the Northeast Denver Housing Authority in Denver, CO. Joshua Katz (RESM) is now a Real Estate Transaction Analyst for Duff & Phelps in New York, NY. Rachel Bernstein (RESM) is now a Programs Assistant for Building Energy Exchange in Brooklyn, NY. Natalie Deliso (RESM) is now an Architect for Concordia in New Orleans, LA. Andrew Glassman (MSRED & RESM) is now a Development Associate for Seritage Growth Properties in New York, NY. Jared Grabell (RESM) is now a Real Estate Analyst for University Student Living in Philadelphia, PA. Bear Hutchinson (RESM) is now an Analyst for JPMorgan in New Orleans, LA. Dylan Angarella (RESM) is now an Incoming Analyst for Silverback Development in New York, NY.

now a Principal at Tete Rouge Development in New Orleans, LA Brian Hammes (RESM) is now an Acquisitions and Asset Management Intern for AJ Capital Partners in Chicago, IL. Aaron Shirazi (RESM) is now an Acquisitions Analyst for Empire Capital Holdings in New York, NY.

2018

Braham Berg (MSRED) is now an Associate and Special Assistant to the CEO for Brookland Capital in New York, NY. Deirdre Clein (MSRED) is now an Assistant Project Manager for Project Management Advisors, Inc. in Chicago, IL. Robert Denham (MSRED) is now a Development Analyst for the City of Cincinnati in Cincinnati, OH. Lucas Elser (MSRED) is now an Assistant Project Manager for Project Management Advisors, Inc. in Austin, TX. Celeste Favrot (MSRED) is now a Vice President of Finance and Development for Favrot & Shane Companies in New Orleans, LA.

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Contact MSRED Director Casius Pealer at cpealer@tulane.edu to share opportunities •Internships •Directed research projects •Job openings

Bradley Klein (RESM) is now an Analyst for Rittenhouse Realty Advisors in Philadelphia, PA.

Kyle Goggans (MSRED) is now a Project & Operations Manager for The Gisleson Group in New Orleans, LA.

Raimy Klestadt (RESM) is now a Realtor for Douglas Elliman Real Estate in New York, NY.

Charles Haley (MSRED) is now a Senior Associate at Mohr Partners, Inc. in Dallas, TX.

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Nicholas Bonet (RESM) is now an Investment Sales Associate for KWNYC in New York, NY.

Sam Levison (MSRED) is now a Designer for WRNS Studio in San Francisco, CA.

architecture.tulane.edu/MSRED

Ian Carr (RESM) is now a Project Engineer for GCI General Contractors in San Francisco, CA.

Ken Moye (MSRED) is now with Gulf Coast Housing Partnership in New Orleans, LA. Ken also recently completed his first historic rehab involving the conversion of a duplex into a single-family home in the Algiers Point neighborhood in New Orleans, LA.

2017

Daniel Feinberg (MSRED) is now an Owner at Feinberg Realty, LLC in Atlanta, GA. Anthony Kimble (MSRED) and Katherine O’Bryon (MSRED) recently completed a multifamily historic renovation of an old bakery in the Bywater neighborhood in New Orleans, LA. Anthony also recently purchased a blighted 6,000 sq. ft. warehouse, and a blighted historic hotel in downtown Baton Rouge, LA. Andrew Moore (MSRED) is now a GIS Technician at Pond & Company in New Orleans, LA. Michael Pizzolatto (MSRED) is

Michele Rielly (MSRED) is now an Assistant Property Manager for Mammoth Resorts in Mammoth Lakes, CA.

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Alexander Sessums (MSRED) is now a Real Estate Associate with Sonder Inc. in New Orleans, LA. Me’osha Solsberry (MSRED) is now a Junior Associate at Fitzgerald in Chicago, IL. Chao Yang (MSRED) is now an Architecture Designer is the Hamlin Design Group in Albany, NY.

Tulane School of Architecture Richardson Memorial Hall 6823 St. Charles Avenue New Orleans, LA 70118-5698 (504) 865-5389