Meet Our Distinguished Fellows

Meet the Distinguished Fellows who help bridge the practicing commercial real estate community and the academic community.

Brent Ambrose

Brent W. Ambrose, Ph.D.

Smeal Professor of Real Estate and Director, Institute for Real Estate Studies, Smeal College of Business

Pennsylvania State University | University Park, Pa.

Read Bio

Brent W. Ambrose is the Smeal Professor of Real Estate, Director of the Institute for Real Estate Studies, and Director of the Ph.D. Program at the Pennsylvania State University Smeal College of Business. In 2010, he was the President of the American Real Estate and Urban Economics Association (AREUEA) and served as its Executive Vice President from 1996 to 2003. He is a Fellow of the Weimer School of Advanced Studies in Real Estate and Land Economics at the Homer Hoyt Advanced Studies Institute, the Real Estate Research Institute, and in 2006 was appointed a Fellow of the FDIC Center for Financial Research. Dr. Ambrose serves on the editorial boards of the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research, the International Real Estate Review, and Real Estate Economics, and is a member of the advisory board of the Real Estate Research Institute and the board of directors of AREUEA. Dr. Ambrose’s research interests include issues related to Real Estate Investment Trusts (REITs), loss mitigation programs associated with mortgage default and foreclosure, Government Sponsored Enterprises (GSEs), fixed-income securities, and consumer credit contracts. He has consulted with the U.S. Department of Housing and Urban Development, the Treasury Department, and the Congressional Budget Office on issues concerning FHA mortgage default and foreclosure, economically targeted assets, privatization of Fannie Mae and Freddie Mac, and the GSEs’ affordable housing goals. Dr. Ambrose holds a Ph.D. and M.B.A. from the University of Georgia and a B.S. in Business from Wake Forest University.

Shaun Bond

Shaun Bond

Director, Real Estate Center

University of Cincinnati | Cincinnati, Ohio

Read Bio

Professor Shaun A. Bond holds the West Shell, Jr., Chair in Real Estate and is a Professor in the Department of Finance and Real Estate at the University of Cincinnati. He is also currently the Director of the UC Real Estate Center. Shaun has an extensive research background in real estate finance and investment, with a special interest in portfolio choice in the context of institutional investment.

James DeLisle

James R. DeLisle, Ph.D.

Associate Professor of Real Estate, Director, Lewis White Real Estate Center

Henry W. Bloch School of Management, University of Missouri | Kansas City, Missouri

Read Bio

James R. DeLisle is the director of the Lewis White Real Estate Center and a tenured associate professor of real estate in the Bloch School of Management at the University of Missouri-Kansas City. He held similar positions at the University of Washington where he spearheaded the development of the interdisciplinary Specialization in Real Estate and the Master of Science in Real Estate. Before returning to the academic community in 1999, he had over 12 years of industry experience serving as an Executive Vice-President and head of Strategic Planning for Lend Lease Real Estate Investments, a global company and the successor firm to Equitable Real Estate, where he founded the Investment Research Department and directed it for ten years. He is a member of ARES, CoreNet Global, ICSC, NAIOP, NCREIF, ULI and the World Future Society.

David Funk

David Funk Ph.D.

Director and Senior Lecturer Baker Program in Real Estate

Cornell University | Ithaca, N.Y.

Read Bio

David Funk completed his Ph.D. from the University of Wisconsin-Madison with an interdisciplinary focus on real estate and university administration. Prior to that, he worked in the real estate field for eight years, with responsibilities in construction, property management and development, including projects in historical preservation. During this time, he also founded Ohio-based Capstone Properties LLC and Capstone Property Management Ltd. as real estate holding and management companies. Before coming to Cornell, Dr. Funk directed full-time and executive M.B.A. programs, including the program at the University of Alabama’s Manderson Graduate School of Business.

Thomas Hamilton

Thomas Hamilton Ph.D.

Professor Shenehon Center for Real Estate

University of St. Thomas | Minneapolis, Minn.

Read Bio

Dr. Thomas Hamilton, CRE, FRICS is a Commercial Real Estate Professor at the University of St. Thomas Opus College of Business and founder and president of Karvel-Hamilton Real Estate Analytics/PROTEC. Tom holds B.S., M.S. and Ph.D. degrees from the University of Wisconsin-Madison, and an M.S. in Finance from the University of Wyoming. Tom has been a consultant to the telecommunications and utility industries in the United States for over 20 years. Dr. Hamilton is an independent board member of AEI Core Property Income Trust, Inc., and is a licensed real estate broker and a licensed appraiser. He is a former Fellow and Adjunct Faculty member of the Lincoln Land Institute in Cambridge, MA and former Research Associate with the International Association of Assessing Officers in Chicago, IL.

Joshua Harris

Joshua Harris Ph. D.

Director, Dr. P Phillips Institute for Research and Education in Real Estate

University of Central Florida | Orlando, Florida

Read Bio

Dr. Joshua Harris serves as the Director of the Dr. P. Phillips Institute for Research and Education in Real Estate at the University of Central Florida where he is responsible for directing research initiatives, industry outreach, and program development.

Barry Hersh

Barry Hersh

Clinical Associate Professor, Schack Institute of Real Estate

New York University | New York, NY

Read Bio

Barry F. Hersh is Clinical Associate Professor at the New York University Schack Institute of Real Estate and Chair of the Masters in Real Estate Development Program. He teaches Land Use Regulation, Green Buildings, and the Development Capstone; works with faculty, students and curriculum and in 2012 was honored for his service. Mr. Hersh conducts research on environmentally responsible real estate development with the NYU Center for the Sustainable Built Environment.

Andre Kuzmicki

Andre Kuzmicki

Executive Director of the Graduate Program in Real Estate and Infrastructure at the Schulich School of Business

York University | Toronto, Canada

Read Bio

Mr. Andre Kuzmicki is the Executive Director of the Graduate Program in Real Estate and Infrastructure at the Schulich School of Business, York University, Toronto, Canada. He teaches real estate finance and investment and administers the non-academic operations of the program. He is an experienced corporate director and REIT trustee, currently serving on the boards of RealNet Canada Inc. and Chartwell Seniors Housing REIT. A past president of the NAIOP Greater Toronto Chapter, Mr. Kuzmicki is the founding chairman of its annual REX Awards and Gala. Mr. Kuzmicki holds a BA and an MBA from McGill University.

Michael Maxwell

Michael Maxwell

Interim Director Master of Real Estate Development Program

Nova Southeastern University | Fort Lauderdale, Fla.

Read Bio

Michael Maxwell is a professor and the interim director of Nova Southeastern University’s Master of Real Estate Development Program at the H. Wayne Huizenga School of Business, Fort Lauderdale, Florida. Mr. Maxwell maintains an active real estate development and advisory firm focused on regenerative development in evolving urban markets. He holds a Master of Planning degree from the University of Virginia and a B.A. from the University of Texas at Austin. Maxwell’s interests and research are focused in the areas of emerging retail trends and urban revitalization and public/private partnerships. His professional activities encompass the NAIOP South Florida Board of Directors; ULI Florida/Caribbean District Council Executive Committee; ULI Inner City Council; Greater Miami Urban League; and founder of New Urban Development LLC, a not-for-profit affordable housing development company.

Gerard Mildner

Gerard C.S. Mildner, Ph.D.

Director, Center for Real Estate

Portland State University | Portland, Oregon

Read Bio

Dr. Gerard Mildner is an associate professor of real estate finance and the director of the Center for Real Estate at Portland State University. Dr. Mildner has an undergraduate degree from the University of Chicago and a Ph.D. in economics from New York University. His research is focused on land use regulation, growth managements, rent control, urban transportation and the economics of local government.

Dustin Read

Dustin Read, Ph.D.

Associate Director for the Center for Real Estate

University of North Carolina at Charlotte | Charlotte, North Carolina

Read Bio

Dr. Dustin Read serves as the Associate Director of the Center for Real Estate at the University of North Carolina at Charlotte, as well as a lecturer in the Belk College of Business's Department of Finance. He received his law degree from the University of Missouri and is a licensed attorney in the State of North Carolina. Dr. Read also holds a M.A. in Real Estate from the University of Florida and received his Ph.D. in Public Policy at UNC Charlotte. Before joining the Center for Real Estate, he worked as a commercial real estate broker specializing in retail investment sales.

Mark Stapp

Mark Stapp

Fred E. Taylor Professor of Real Estate

Arizona State University | Phoenix, Ariz.

Read Bio

Mark Stapp is the Executive Director of the Master of Real Estate Development Program and the Fred E. Taylor Professor of Real Estate in the W.P. Carey School of Business at Arizona State University. He serves as a faculty associate in the School of Architecture and Landscape Architecture in the Herberger Institute for Design and the Arts at ASU. An active member of the Phoenix development community, Mark has been a part of various business enterprises and development projects for over 34 years. He currently serves as co-chair of the Academic Research Committee of the International Council of Shopping Centers (ICSC), is a member of ICSC’s North American Research Task Force and the Editorial Board of the Homburg-Oxford University Press. Mark is also the Managing Member of Pyramid Community Developers, LLC, an investment and development firm of projects throughout the United States, and provider of asset management and design consultation services. He holds a B.A. in Environmental Studies from William Patterson University and is a graduate of the Stanford University Executive and Professional Education program in the Graduate School of Business.

Thomas G. Thibodeau

Thomas G. Thibodeau, Ph.D.

Global Real Estate Capital Markets Professor

University of Colorado Boulder | Boulder, Colorado

Read Bio

Dr. Thomas Thibodeau is the Global Real Estate Capital Markets Professor and the Academic Director of the CU Real Estate Center in the Leeds School of Business at the University of Colorado-Boulder. He is currently teaching Real Estate Finance and Investments and Real Estate Economics in the MBA Program at Leeds. He has taught courses in real estate fundamentals, real estate markets and valuation, real estate development, commercial mortgage backed securities, managerial economics and macroeconomics. Thibodeau is also a NAIOP Distinguished Fellow.

Charles Tu

Charles C. Tu, PhD, CFA

Daniel F. Mulvihill Professor of Commercial Real Estate & Academic Director of MSRE Program

University of San Diego | San Diego, CA

Read Bio

Charles Tu is the Daniel F. Mulvihill Professor of Commercial Real Estate and Academic Director of the MS in Real Estate program in the Burnham-Moores Center for Real Estate at the University of San Diego. He teaches a variety of courses at both the graduate and undergraduate levels, including real estate finance and investment, real estate capital markets, real estate management, and real estate development. He is also the principal instructor of Advanced Real Estate Finance in Urban Land Institute’s Real Estate School. Tu earned his PhD in business administration from The George Washington University in 1999 and received the Chartered Financial Analyst (CFA) designation in 2000. He became a LEED Accredited Professional in 2009 and is ARGUS Software Certified for both ARGUS Valuation-DCF and Developer. Tu is also a NAIOP Distinguished Fellow.