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Distinguished Fellows for 2012

Dr. Brent W. Ambrose, Ph.D.   ·   Dr. Randy I. Anderson   ·   Dr. Susanne Ethridge Cannon   ·   Dr. James R. DeLisle
Dr. John Glascock   ·   Dr. G. Donald Jud   ·   Andre Kuzmicki
Richard Nicholas Loope, FAIA   ·   Dr. Gerard C.S. Mildner   ·   Dr. Norman G. Miller
Dr. Dustin Read   ·   Dr. Thomas G. Thibodeau   ·   Dr. Kerry D. Vandell
How to Nominate

Dr. Brent W. Ambrose, Ph.D.


Brent W. Ambrose, Ph.D.
Pennsylvania State University
University Park, Penn.
Dr. Brent W. Ambrose is the Smeal Professor of Real Estate and Director of the Institute for Real Estate Studies in the Smeal College of Business at the Pennsylvania State University. 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. 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. He is also a Fellow of the Real Estate Research Institute and the FDIC Center for Financial Research.

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.


Dr. Randy I. Anderson, Ph.D., CRE


Randy I. Anderson, Ph.D., CRE
University of Central Florida
Orlando, Fla.
Randy I. Anderson, Ph.D., is the inaugural Howard Phillips Eminent Scholar Chair in Real Estate and directs the School's research and education institute housed in the College of Business Administration. Anderson has been active in the real estate business since 1991 as a researcher, owner, investor, and strategist. Recently, Dr. Anderson was awarded the designation of Counselor of Real Estate (CRE) and named a Homer Hoyt Institute Fellow and a NAIOP Research Foundation Distinguished Fellow.

Formerly, he served as president of CNL Real Estate Advisors in Orlando where he was responsible for overseeing CNL's non-REIT real estate transactions including research, origination, acquisition, finance and management. Under his leadership, CNL Real Estate Advisors was one of the most successful start-ups in CNL's history and managed nearly $700 million of real estate deals in its first year of operation.

Prior to CNL, Dr. Anderson held Chairs at Baruch College and Florida International University and senior executive positions at Prudential Real Estate Investors and Marcus and Millichap. Dr. Anderson has published more than 60 articles, many in premier real estate journals. He also serves as a co-editor of the Journal of Real Estate Portfolio Management and has been featured as a distinguished lecturer at Harvard University and Johns Hopkins University. Additionally, the American Real Estate Society awarded him with the Kinnard Young Scholar Award, which recognizes an outstanding young real estate scholar under the age of 40. Anderson holds a Ph.D. in Finance from the University of Alabama.


Dr. Susanne Ethridge Cannon


Susanne Ethridge Cannon
DePaul University
Chicago, Ill.
Susanne Ethridge Cannon is Chairman of the Department of Real Estate and the Douglas and Cynthia Crocker Endowed Director of the Real Estate Center at DePaul University, where she teaches undergraduate and MBA real estate investment classes. She has authored papers on topics as varied as corporate governance, real estate feasibility, eminent domain, and housing markets. She has also worked extensively in urban land use issues, acting as an expert witness on zoning and down zoning cases, and providing analysis of residential and office markets for public and private sector clients.

As the founding director of the Real Estate Center, and now Chairman of the Department of Real Estate, she has built the academic program from its 2002 inception to its current enrollment of 150 MBA and MSRE students, and 80 undergraduate majors in only seven years. The Center is supported by sponsoring firms, associations and foundations, and it has achieved over $10 million in endowment. Additionally, in 2007 it was awarded a $3.5 million grant from the John D. and Catherine T. MacArthur Foundation as part of a major effort to preserve affordable rental housing.

Dr. Cannon has a B.A. in Economics and a Ph.D. in Finance, both from the University of Texas. Her professional and community experience includes roles as director of real estate for the Mexican American Unity Council, a San Antonio community development corporation; Chairman of the Austin, Texas, Urban Renewal Board; and Committee Clerk for the Texas Senate Committee on Financial Institutions. Among her professional memberships, she has served on the board and as president of Ely Chapter, Lambda Alpha International. She is a Weimer Fellow of the Homer Hoyt Advanced Studies Institute, a Fellow of the Real Estate Research Institute, Chairman of the Education Committee of the American Real Estate Society, and she is active in the Urban Land Institute, Pension Real Estate Association and Counselors of Real Estate.


Dr. James R. DeLisle


Dr. James R. DeLisle
University of Washington
Dr. James R. DeLisle is the Runstad Professor of Real Estate and the Director of Graduate Real Estate Studies at the University of Washington. His career has blended the academic and industry side of the profession including his role as Executive Vice-President and head of Strategic Planning for Lend Lease Real Estate Investments, where he founded and directed the Investment Research Department. Prior to that, he was a Vice-President of Investment Research at Prudential Real Estate Investors. Jim is widely published in academic and professional journals and is an active speaker at industry conferences. Jim has also been a leader in a number of industry trade associations, including past-president of the American Real Estate Society (ARES). Dr. DeLisle received his B.B.A. in real estate and M.S. in marketing research from the University of Wisconsin. He received his Ph.D. in real estate and urban land economics from the University of Wisconsin under his mentor, the late Dr. James A. Graaskamp, one of the leading academic proponents of applied real estate research.


Dr. John Glascock


Dr. John Glascock
University of Cincinnati
Cincinnati, Ohio
Dr. John Glascock is a West Shell Professor of Real Estate Finance and Director of the Real Estate Center at the University of Cincinnati. He is also a visiting scholar with the European Business School and teaches in their graduate real estate program. The institute concentrates on three key activities: academic research, executive education and professional outreach. The research themes cover risk management of real estate decision making, housing policy and REITs. Dr. Glascock's research concentrates on REITs, real estate performance and housing policy.

John has also conducted seminars and advised governments in Korea, Dubai, Taiwan and Thailand on REITs.


Dr. G. Donald Jud


Dr. G. Donald Jud
University of North Carolina at Greensboro
Greensboro, N.C.
Dr. Jud is Professor Emeritus of Finance in the Bryan School of Business and Economics at the University of North Carolina at Greensboro and principal of Jud & Associates, which is also located in Greensboro, N.C. In addition to previous experience teaching economics, finance and real estate, Dr. Jud is the author of more than 80 academic articles and three books. Presently, Dr. Jud is a research fellow of the Homer Hoyt Advanced Studies Institute, where he is an emeritus member of the Weimer School Faculty and the Board of Directors of the Institute. In 2003, he was honored as a Burns Fellow at the University of Denver. Dr. Jud received his Ph.D. from the University of Iowa and MBA and BA degrees from the University of Texas.

Dr. Jud also serves on the editorial boards of the Journal of Real Estate Finance and Economics and the Journal of Real Estate Literature and is a member of the Appraisal Journal’s academic review panel. He is a past editor of the Journal of Real Estate Research and continues to serve as a member of its editorial board. Added leadership experiences for Dr. Jud include a prior term as president of the American Real Estate Society (ARES) and former ARES Director of Publications.


Andre Kuzmicki


Andre Kuzmicki
York University
Toronto, Canada
Andre 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.

His career in real estate and real estate education spans more than 30 years and encompasses all aspects of real estate investment including acquisitions, development, asset and portfolio management. Prior to launching his teaching career in 1998, he managed the real estate investment portfolio for the Canadian arm of the Prudential Insurance Company of America. He is an experienced corporate director and REIT trustee, currently serving on the boards of RealNet Canada Inc. and Chartwell Seniors Housing REIT.

In addition to teaching at Schulich, Andre is Adjunct Professor of Real Estate Development at the Graduate School of Architecture, Planning and Preservation, Columbia University. He is a past president of the NAIOP Greater Toronto Chapter and is the founding chairman of its annual REX Awards and Gala.

Andre is a past winner of the Seymour Schulich Teaching Excellence Award. He is a member of the Urban Land Institute and the Pension Real Estate Association. Andre holds a BA and an MBA from McGill University.


Richard Nicholas Loope, FAIA


Richard Nicholas Loope, FAIA
Arizona State University
Tempe, Ariz.
Richard “Ryc” Nicholas Loope is the Director of Real Estate Programs and Professor in the College of Design at Arizona State University. In addition to previous academic teaching experience, he was the president and principal architect of Taliesin Architects, as well as CEO and president for The Durrant Group. He completed the Program for Management Development at Harvard Business School, received his Master of Environmental Design degree from Yale University and a Bachelor of Architecture degree from the University of Maryland. Presently, Professor Loope is the President and CEO of HL Design Build LLC and a founding member and principal architect in PDI global design consortium.

Professor Loope has authored/co-authored 30 articles, papers and book excerpts on professional practice, energy use strategies and architectural education, and serves on the Board of Directors for numerous organizations such as Arizona Habitat for Humanity, ASU Stardust Center, Council for Design Excellence and Solar Energy Research Foundation.


Dr. Gerard C.S. Mildner


Dr. Gerard C.S. Mildner
Portland State University
Portland, Ore.
Dr. Gerard Mildner is an associate professor of real estate finance and the director of the Center for Real Estate at Portland State University. Prior to his current appointment, Mildner was an associate professor of urban studies and planning at Portland State. He founded the real estate program at Portland State in 2002.

Dr. Mildner has taught numerous real estate-related courses including housing economics, real estate development and finance, urban economics, and state and local public finance.

Dr. Mildner has an undergraduate degree from the University of Chicago and a PhD 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. Mildner is the co-author of Scarcity by Design; The Legacy of New York's Housing Policies, published by Harvard University Press, and Sport and Public Policy: Social, Political, and Economic Perspectives published by Human Kinetics Press.


Dr. Norman G. Miller


Dr. Norman G. Miller
University of San Diego
San Diego, Calif.
Norm Miller is a Professor at the University of San Diego's Burnham-Moores Center for Real Estate. Previously, he was at the University of Cincinnati for many years. He has spent time as a visiting faculty member at DePaul University and the University of Hawaii and has worked at the CoStar Group in Analytics. He started his academic career at the University of Georgia, and received his Ph.D. from The Ohio State University in finance and real estate. He is active on the editorial board of several national and international journals and is a past president of ARES, the American Real Estate Society.

Dr. Miller has numerous academic articles, books and articles and is a frequent speaker on economic outlooks. His work with Collateral Analytics and research on housing market analysis and forecasting spans three decades. Currently, he has been organizing conferences, panels and speaking on sustainable real estate while working with CBRE on research exploring the financial payoffs from green approaches.

His most recent book, Commercial Real Estate Analysis and Investment, with Geltner, Eicholtz and Clayton, is a leading graduate-level textbook. Dr. Miller has lectured globally and domestically from Singapore and Thailand to Russia. He has worked extensively with various trade associations and became one of the first Distinguished Fellows of NAIOP in 2002. He served as one of the primary instructors for NAIOP educational programs from 1998 through 2008. He is currently a faculty and board member for the Homer Hoyt Land Use Institute, based in North Palm Beach, Florida, where he works with premier academic and industry thought leaders to produce research and programming on real estate issues and trends. Dr. Miller also is the editor of a new journal on sustainable real estate.


Dr. Dustin Read


Dr. Dustin Read
University of North Carolina at Charlotte
Charlotte, N.C.
Dr. Dustin Read joined the Belk College of Business in 2007 and serves as Director of the Center for Real Estate and the Master of Science and Real Estate (MSRE) program at UNC Charlotte. He received his Ph.D. in public policy from the University of North Carolina at Charlotte and his J.D. from the University of Missouri School of Law.

Dr. Read is a licensed attorney in the State of North Carolina and his primary teaching responsibilities include real estate finance, development and law. His research interests include land use regulations, housing policy and public-private partnerships.


Dr. Thomas G. Thibodeau


Dr. Thomas G. Thibodeau
University of Colorado
Boulder, Colo.
Dr. Thibodeau is the Chair of the Finance Division, the Academic Director of the University of Colorado Real Estate Center, and the Global Real Estate Capital Markets Professor in the Leeds School of Business at the University of Colorado-Boulder.

In 1980, Tom received a Ph.D. in Economics and an M.S. degree in Statistics from the State University of New York at Stony Brook. After completing his Ph.D., Tom was a Research Associate in the Housing Division of The Urban Institute in Washington, D.C. From 1983 through July 2004, he was on the Real Estate faculty at the Cox School of Business, Southern Methodist University. During the 1998-1999 academic year, he was a Visiting Professor of Real Estate at the Wharton School of Business, the University of Pennsylvania and a Visiting Scholar at the Philadelphia Fed. Between 2000 and 2005, Tom was co-editor of Real Estate Economics. Tom currently serves on the editorial boards of the Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Real Estate Research, Journal of Housing Research and Journal of Housing Economics. He is a Past President of the American Real Estate and Urban Economics Association (AREUEA) and a Fellow of the Homer Hoyt Advanced Studies Institute.

In 2008, AREUEA awarded Tom the George Bloom Award for "his outstanding contributions to the field of real estate." Tom teaches Real Estate Finance and Investments and Real Estate Economics. His research focuses on explaining spatial and temporal variation in real estate prices.


Dr. Kerry D. Vandell


Dr. Kerry D. Vandell
University of California
Irvine, Calif.
Kerry Vandell is the Deans Professor of Finance and Director of the Center for Real Estate at the Paul Merage School of Business, University of California-Irvine. He also holds courtesy appointments in the School of Law and the Department of Planning, Policy, and Development.

Previous to his current position, he was the Tiefenthaler Chairholder and Professor of Real Estate at the University of Wisconsin-Madison and former Chairman/Director of UW's Real Estate Department and Center.

Dr. Vandell received his B.A. and M. Mech. E. degrees from Rice University, his M.C.P. from Harvard, and his Ph.D. from M.I.T., where he was the Charles Abrams Fellow at the Joint Center for Urban Studies. He has served as President of the American Real Estate and Urban Economics Association and Co-Editor of the Association's journal Real Estate Economics, and currently is a member of the Board of Directors of the Asian Real Estate Society. He serves on the Editorial Board of six academic journals as well as in a number of other positions in academic and professional organizations, including the Urban Land Institute, the Counselors of Real Estate, the ICSC, and the Real Estate Roundtable. He has researched and consulted extensively in the areas of real estate investment, urban/real estate/environmental economics, mortgage finance, housing economics and policy, and valuation theory and is principal in the consulting firm KDV Associates, which is actively involved in expert witness assignments for litigation matters in the above areas. He has served on the boards of directors of the Park Bank; Hilldale, Inc.(regional shopping center); ChrisKen Realty Trust (private multifamily REIT); and the Trustees of Funds and Endowments of the Episcopal Diocese of Milwaukee, WI., and currently sits on the boards of Shopoff Realty Trust (a non-traded land REIT) and the Irvine Community Housing Authority.

Dr. Vandell is responsible for development of some of the first models of default risk in the commercial mortgage market, and his recent research on real estate illiquidity provides institutional investors with important tools to ascertain proper allocation to real estate in mixed-asset portfolios. His work distinguishing real estate value from business enterprise value (BEV) in the appraisal of complex real property interests has had international influence on tax assessment practices.