Richard B. Peiser
Professor
Department of Urban Planning and Design

 

 

Curriculum Vitae


Current Position
1998-  Harvard University
Cambridge, MA

Michael D. Spear Professor of Real Estate Development, Department of Urban Planning and Design, Graduate School of Design. Director of the real estate programs at the Design School. Coordinator of the university-wide Real Estate Academic Initiative at Harvard created in 2003.

Education
1980  University of Cambridge
Cambridge, England

Ph.D., 1980, Department of Land Economy.  Member of Magdalene College. Dissertation:  Economic Evaluation of Incremental and Planned Suburban Growth.
1973  Harvard Graduate School of Business Administration, Boston, MA.

Received MBA with concentration in Finance and Real Estate. Combination of Law School and Design School courses relating to real estate, planning and housing. Organist-Choral Director at Pilgrim Congregationalist Church in Lexington, MA. 
1970  Yale University,
New Haven, CT.

Graduated Phi Beta Kappa, Magna Cum Laude, and with Exceptional Distinction in Economics with a BA in economics. Member of Book & Snake (senior society) and Whiffenpoofs of 1970; accompanist and soloist for Yale Glee Club. Musical Director of Yale Alley Cats. 

Academic Experience
1986-98  University of Southern California
Los Angeles, CA

Director, Lusk Center for Real Estate Development and Academic Director, Master of Real Estate Development Program in the School of Urban Planning and Development.  Responsible for curriculum, faculty hiring and student admissions.  Also, Chair of MAI-approved Graduate Appraisal Degree Program.  Principal courses taught: Real Estate Finance, Development Processes and Complex Deal Structuring. 
1981  Stanford University
Palo Alto, CA

Visiting professor of real estate and regional science in MBA. program of the Graduate School of Business 
1978-85  Southern Methodist University
Dallas, TX

Assistant Professor of Real Estate and Regional Science, Masters of Business Administration and undergraduate programs, Cox Business School. Professor in Oxford University Summer Program, Queens College, 1980

Professional Experience
1977- present Peiser Corporation
Dallas, Texas and Los Angeles
Partner in the Southern California Industrial Fund, a $100 million fund established to purchase “value added” industrial properties in Southern California. 1996-present.

Developer of 45 unit low-income housing project in Santa Monica, CA financed with a combination of tax-credits, California State RHCP loan, CRA loan, and city assistance. Brought in Volunteers of America to be non-profit sponsor. 1993.

Coordinator of master planning and development of the University of Dallas property, 350 acres. 1989.

Owner/developer of 158 unit moderate income apartment project in Dallas financed by FNMA Housing Revenue Bonds. 1985.

Lead economic consultant in charge of master planning and strategic development for Cityplace, a 160 acre corporate headquarters and mixed use development of Southland Corporation (owner of 7-11 chain), adjacent to downtown Dallas. 1985.

Consultant to University of Dallas, Board of Trustees, on development of 350 acres adjoining the university's campus. 1986.
Selected consulting clients:

U.S. Army
First Interstate Bank
First National Bank of Ft. Worth
Pacific Coast Banking School
Wells Fargo Bank
The Newhall Land and Farming Co.
General Crude Oil Co.
Henry S. Miller Co.
Texas Management Company
MacNeil-Lehrer News
U.S. Homes
Lexus Development Co.
Coldwell-Banker
J.L. Scott Enterprises
HUD - Office of Planning, Development & Research
CAPCON Properties
General Electric Credit Corp
Goldrich & Kest
John Hancock Life Insurance Co.
1975-77  Peiser Corporation - Doyle Stuckey Homes
Houston, Texas

Home-building general partnership. Built and sold 26 homes in the semi-custom home market. Member of Greater Houston Homebuilder Association. Active on Consumer Affairs Committee.
1974-75  Gerald D. Hines Interests
Houston, Texas

Houston-based investment builder (Galleria, Pennzoil Place, Sugarland New Town). Analyst for new development proposals. Project involvement in downtown office highrise (future Republic National Bank Tower) and 7500-acre new town 
1973  Llewelyn-Davies and Associates
NYC and London

Summer associate: internal management consultant to 150 person planning and architecture firm operating on six continents. Professional planner on large-scale developments in Shelter Island, N.Y.; Cardiff, Wales; Tehran, Iran.
1972  T. Rowe Price and Associates
Baltimore, Maryland

Summer associate: research analyst for future home office location and real estate stocks. 
1970-71  Department of City Planning
New York City

Professional Planner. Assistant to the Director of the Housing Section. Major study on housing maintenance leading to changes in the rent control law and zoning ordinance. Prepared staff positions on housing projects before the Planning Commission.

Books

Professional Real Estate Development: the ULI Guide to the Business, 2nd Edition, with Anne Frej, Washington, D.C.: The Urban Land Institute, 2003.

Alternative Futures for Changing Landscapes: the Upper San Pedro River Basin in Arizona and Sonora, with Carl Steinitz et al, Island Press, Washington, D.C., 2003.

Reducing Crime through Real Estate Development and Management, edited by Marcus Felson and Richard Peiser, Washington, D.C.: The Urban Land Institute, 1998.

Professional Real Estate Development: the ULI Guide to the Business, Washington, D.C.: The Urban Land Institute and Chicago: Dearborn Financial Press, 1992.

Strategies and Structure of Real Estate Development Firms: Lessons from Management Research, with Arvind Bhambri, David Dale-Johnson, and Peter Kreiner, Washington, D.C.: The Urban Land Institute, 1991.

Special Districts: A Useful Technique for Financing Infrastructure, with D. Porter and B. Lin, Washington, D.C., The Urban Land Institute, 1987.

Financing Infrastructure to Support Community Growth, with D. Porter, Urban Land Institute, Development Component Series, Washington, D.C., 1984.


Research Articles

"Crime and Town Centers: Are Downtowns more dangerous than suburban shopping nodes?" with Jiaqi Xiong, Journal of Real Estate Research, forthcoming 2003.

"Non-performing Loan Resolution in China", Journal of Real Estate Portfolio Management, with Bing Wang, Fall/Winter 2002, Vol. 8, No. 4, 2002, pp. 115-127.

Decomposing Urban Sprawl, Town Planning Review, vol. 72, No. 3, July, 2001, pp. 275-298

The Fallout from Federal Low-Income Housing Preservation Programs: A Case Study in Estimating Damages, Housing Policy Debate, Vol. 10, Issue 2, 1999,  pp. 371-393.

Structuring Real Estate Deals with Institutional Financial Partners, Real Estate Review, Winter, 1999, pp. 3-11.

The Risk and Return Characteristics of REITs 1993-1997, with Jun Chen, Real Estate Finance, Vol. 16, No. 1, Spring, 1999, pp. 61-68.

Is it possible to build financially successful new towns? The Milton Keynes Experience Urban Studies, Vol. 36, No. 10, Sept. 1999, pp. 1679-1705.

"Crime and Real Estate: Unhappy Bedfellows," in Reducing Through Real Estate Development and Management, edited by Marcus Felson and Richard Peiser, Washington, D.C., The Urban Land Institute, 1998,. ix-xii.

"Situational Crime Prevention in Industrial Parks," with Alain Chang, in Reducing Crime through Real Estate and Management, edited by Marcus Felson and Richard Peiser, Washington, D.C., the Urban Land, 1998, pp. 137-145.

Public-Private Joint Ventures for high Volume Retailers: Who Benefits? with Allan Kotin. Urban Studies, Vol. 34, No. 12, 1997, pp. 1971-1986.

Real Estate Development and Crime Prevention Needs, chapter in Business and Crime Prevention, edited by Marcus Felson and Ronald V. Clarke, Criminal Justice Press, Monsey, New York, 1997, pp. 231-248.

Using Master Planning Expert Panels to Achieve Planning Objectives, with Arthur C. Nelson, Journal of the American Planning Association, Autumn, 1997, Vol. 63, No. 4, pp. 439-453.

Saving the Family Farm, with Robert Baldwin, Urban Land, December, 1996, pp. 48-49.

The Jury is out on Entertainment Retail, Lusk Review for Real Estate Development and Urban Transformation,  Vol. II, No. 1, Summer 1996, pp. 5-8.

Understanding the Asian Real Estate Markets, with Elena Nekroutman, Lusk Review for Real Estate Development and Urban Transformation,  Vol. 1, No. 1, Fall, 1995, pp. 22-34.

Increasing Housing Opportunities in Suburban Shopping Centers: South Coast Town Center Case Study, with Ken Beck, Glenn Hickman and Tim Siegel, Housing in Suburban Subcenters,  Urban Land Institute, 1995.

Does the Land Market Break Down for Contaminated Properties? Journal of Property Research, 1994, Vol. 11, pp. 145-158.

The Private Value of Public Open Space within Subdivisions, with Gregory M Schwann, Journal of Architecture and Planning Research, Vol. 10, No. 2, Summer, 1993, pp. 91-104.

Optimizing Land Use in Multi-use Projects,  with Ehud Mouchly, Real Estate Review, Vol. 23, No. 2, Summer, 1993, pp. 79-85.

Housing Markets and Patterns, with William Baer and Lee Fairman. Chapter in  Rediscovering Urban America: Perspectives on the 1980s (edited by Jack Sommer and Don Hicks, published by U.S. Dept. of Housing and Urban Development, Office of Policy Development and Research), 1993.

Lessons for Value Creation in Master-Planned Communities and Large-scale Mixed-Use Projects, with Ehud Mouchly, Urban Land, August, 1993, pp. 16-20.

Retreat from Homeownership: A Comparison of the Generations and the States, with Dowell Myers, Gregory Schwann and John Pitkin, Housing Policy Debate, Vol. 3, Issue 4, 1992, 945-975.

"Gordon Cameron, 1937-1990, Land Economics, Vol. 68, No. 2, May, 1992, pp. 129-138.

Urban Sprawl, Density, and Accessibility, with Eric Heikkila, Papers in Regional Science, Vol. 71, No. 2, 1992, pp. 127-138.

Density and Urban Sprawl:Reply, Land Economics, November, 1990, pp. 469-473.

Who Plans America: Planners or Developers? Journal of the American Planning Association, Autumn, 1990, pp. 496-503; reprinted in Classic Readings in Real Estate and Development,  edited by Jay Stein, ULI, 1996.

Residential Property Values, the CBD and Multiple Nodes: Further Analysis, with H. Richardson, P. Gordon, M. Jun, D. Dale-Johnson and E. Heikkila, Environment and Planning A, Volume 22, 1990, pp. 829-833.

Density and Urban Sprawl, Land Economics, Vol. 65, No. 3 (August, 1989), pp. 194-204.

Corporate Real Estate Investments and Hurdle Rates of Return, Real Estate Review, Vol. 18, No. 4 (Winter, 1989), pp. 16-21.

What Happened to the CBD-Distance Gradient?: Land Values in a Polycentric City, with E. Heikkila, P. Gordon, D. Dale-Johnson, J. Kim, and H. Richardson (Urban Economics Research Group), Environment and Planning A, Vol. 21 (1989), pp. 221-232.

The Decline of Housing Revenue Bond-Financed Development, The Real Estate Finance Journal, (Spring, 1988), pp. 54-65.

Calculating Equity-Neutral Water and Sewer Impact Fees, Journal of the American Planning Association, (Winter, 1988), pp. 38-48.  Reprinted in Arthur C. Nelson, Development Impact Fees: Policy Rationale, Practice, Theory and Issues, Chicago: Planners Press, pp. 324-338, 1988.

The Determinants of Nonresidential Urban Land Values, Journal of Urban Economics, Vol. 22 (1987), pp. 340-360.

Choosing Among Alternative Financing Structures: The Developer's Dilemma, with David C. Ling, Real Estate Review, Vol. 17, No. 2 (Summer, 1987), pp. 39-46.

Homeownership Returns, Tenure Choice and Inflation, with Lawrence Smith, AREUEA Journal, Vol. 13, No. 4, (Winter, 1985) pp. 343-360.

Evaluating the Effect of Development Cost Changes, Real Estate Review, Vol. 15, No. 2 (Summer, 1985), pp. 40-42.

Prototype Development Study Critiqued, Journal of the American Planning Association, Letters to the editors, Autumn 1985, pp. 513-514.

Does It Pay to Plan Suburban Growth?  Journal of the American Planning Association, Autumn, 1984, pp. 419-433.

Risk Analysis in Land Development, AREUEA Journal,  12, Vol. No. 1 (Spring 1984) pp. 12-29.

Land Use vs. Road Network Design in Community Transport Cost Evaluation, Land Economics, Vol. 60, No. 1 (February 1984) pp. 95-109.

Financial Feasibility Models in New Town Development:  Risk Evaluation in the United States, Town Planning Review, Vol. 55, No. 1 (January, 1984), pp. 75-90.  Reprinted in Rivista di Urbanistica.

Transportation Evaluation in Community Design:  An Extension with Equilibrium Route Assignment, Transportation Research Record, published by the National Academy of Sciences:  Transportation Research Board, Vol. 940, 1984, pp. 33-43.

Phasing of Income-Producing Properties, with Scott Andrus.  Interfaces, Vol. 13, No. 5 (October 1983), cover article,  pp. 1-9.

Partnership Allocations in Real Estate Joint Ventures, Real Estate Review, Vol. 13, No. 3 (Fall 1983), pp. 46-54.

Allocating Common Costs in Multiuse and Multiphase Developments with Kenneth Ferris. Real Estate Review, Vol. 13, No. 1 (Spring 1983), pp. 74-79.

Life-Cycle Changes in Small Family Businesses, with Leland M. Wooten, Business Horizons, Vol. 26, No. 3 (May/June 1983), pp. 58-65.

Income Taxation and Price-Level Adjusted Mortgages, with Kenneth Ferris and Robert Rene, Housing Finance Review, Vol. 2, No. 1 (January 1983), pp. 1-17.

The Economics of Municipal Utility Districts for Land Development, Land Economics, Vol. 59, No. 1 (February 1983), pp. 43-57.

Changing Patterns in Homeowning and Renting:  A Response to Economic Incentives, with William B. Brueggeman, The Appraisal Journal, Vol. L, No. 3 (July 1982), pp. 410-416.

Land Development Regulations:  A Case Study of Dallas and Houston, Texas,  AREUEA Journal, Vol. 9, No. 4 (Winter 1981), pp. 397-417.

Housing Choice and Relative Tenure Prices, with William Brueggeman, Journal of Financial and Quantitative Analysis, Vol. XIV, No. 4.  November 1979.  pp. 735-751.


Other Publications

"Fitting In: Farmland Preservation and Conservation Land Development," with Markley Bavinger, Urban Land, July 2003, pp. 38-43.

Editor, Special Joint Issue, Real Estate Issues and Journal of Real Estate Portfolio Management, published by the Counselors of Real Estate and the American Real Estate Society, Fall/Winter 2002, Vol 27 Nos 3 and 4 and Vol. 8, No. 4, pp. vii-ix.

Hangzhou Studio Report: Alternative Futures for the West Lake, Hangzhou, China, with Carl Steinitz, published by Harvard Graduate School of Design, Cambridge, Massachusetts, 2001.

“Red tape and housing costs: How regulation affects new residential development,” by M.I. Luger and K. Temkin, Book Review, Journal of the American Planning Association, 2001.

Environment, land use and urban policy, Edited by D. Banister, K. Button, and P. Nijkamp, Book Review, Regional Science and Urban Economics, forthcoming 2001.

Houston Can Have Prettier Streets, editorial, Houston Chronicle, February 11, 2001, p. 4C.

Real Estate Development, International Encyclopedia of the Social and Behavioral Sciences, Pergamon Press, 2000.

Financial Analysis for New Apartment Development, with Kenneth Beck, in Multifamily Housing Development Handbook, Washington, D.C.: The Urban Land Institute, 2000.

The Impact of Technology, with Ehud Mouchly, Urban Land:Tech Trends Supplement, October, 1999, pp. 6-13.

Reston Revisited, with Gang Yu, Lusk Review, Spring/Summer 1998, Vol. IV, No. 1, pp. 44-53.

Introduction: the Future of Central Cities, Lusk Review, Fall, 1997, Vol. III, No. 2, pp. 6-10.

Interviews for the Lusk Review for Real Estate Development and Urban Transformation:

Raymond L. Watson, with Soumyajit Mukherjee, Vol. IV, No. 1, 1998, pp. 34-43.

Gerald D. Hines,, with Tom OBrien, Vol. III, No. 2, Fall, 1997, pp. 87-92.;

Sheldon Gordon, with Roland Strobel, Vol. II, No. 1, Summer, 1996, pp. 9-17.

Interview: Eli Broad, with J. Stark, Vol. 1, No. 1, Fall, 1995, pp. 88-92.

California Votes No on the Future, L.A. Times, Commentary, June 23, 1994.

Urban Design Workshop for a Mercado in Long Beach, Final Report for the Long Beach Redevelopment Agency, with Tridib Banerjee, William Baer, and Ken Beck, Lusk Center, 1995.

Market Feasibility for a Mercado in Long Beach, Phase I Report for the Long Beach Redevelopment Agency, with Ken Beck and Manny Perez,  Lusk Center, 1994.

Quick Recovery is Paramount, L.A. Times, Commentary, Friday, Jan. 28, 1994.

Affordable Housing Issue Must Transcend Politics, Daily News, Viewpoint, pp. 1,4, January 5, 1992.

Are You Up to the Development Challenge? Real Estate Today, May, 1990, pp. 66-68.

Affordability is Still the Big Question, Los Angeles Times, April 2, 1990, p. B5.

Review of Journal of Real Estate Research, Journal of Planning Education and Research, Vol. 8, No. 3, 1989, pp. 204-205.

Review of AREUEA Journal, Journal of Planning Education and Research, Vol. 8, No. 2, 1989, pp. 113-114.

Santa Monica's Colorado Place Agreement, with Rita Fitzgerald in Development Agreements, edited by Douglas Porter and Lindell Marsh, Washington, D.C.: The Urban Land Institute, 1989, pp. 40-47.

Development (Dis)Agreements at Colorado Place, with Rita Fitzgerald, Urban Land, Vol. 47, No. 7 (July 1988), pp. 2-5.

Caps Set the Wrong City Limits, with Lowdon Wingo, Los Angeles Times, October 11, 1987, Opinion Section, pp.1-2. Reprinted in Commentary: Why Growth Caps Don't Work, Chico News and Review, January 7, 1988.

Can Development Be Taught in the Classroom?, Urban Land, Vol. 46, No. 7 (July 1987), pp. 2-5.

Portsmouth Hospital Site: An Evaluation of Disposition Strategies for the Portsmouth Hospital Foundation, Urban Land Institute, Panel Advisory Service Report, edited by Jane Buckwalter and Nancy Stewart, 1985.

Economies of Scale in Water and Sewer Construction Costs to New Subdivisions,  with Ron Welch.  Technical Report No. 885-1M-490, Texas Real Estate Research Center, 1985.

Getting Up to Speed on Personal Computers, Urban Land, Jan. 1985, pp. 36-37.

Infrastructure Financing in Austin, Texas, Urban Land, December, 1983.

Advertising:  Handle With Care,  Real Estate Today, Vol. 16, No. 8 (October 1983), pp. 35-36.

Capitalization Rates, Inflation, and Investment Analysis in U.S. Real Estate,  International Real Estate Journal, Vol. 3, No. 1, (1983), pp. 20-27.  Reprinted in the Appraisal Review Journal, Vol. 6, No. 1 (Spring-Summer 1983), pp. 43-50.

"To Buy or Not to buy Another House, Real Estate Today, Vol. 15, No. 5 (May 1982), pp. 41-44.

GEM:  Flawed Jewel?  Mortgage Banking, Vol. 43, No. 1 (October 1982), pp. 58-63.

Optimizing Profits from Land Use Planning, Urban Land, Vol. 41, No. 9 (September 1982), pp. 6-10.

Lot Costs Compared in Dallas and Houston, Tierra Grande, No. 18 (First Quarter 1982), pp. 30-32.

Multiperiod Capital Budgeting Under Conditions of Uncertainty:  An application to Large-Scale Land Development,  Proceedings of the Southwestern Finance Association, March, 1981, pp. 27-44.

Real Estate Applications for Hand-held Calculators, Real Estate Today.  April 1980.

Foreign Investments in Texas, Texas Realtor, Vol. 32,  No. 6 June 1979.  (Cover Article)

An Approach for Evaluating Large Scale Development Projects, with William Brueggeman, Capital Ideas, Columbus: Galbraith Mortgage Company, April 1979.

Periodic columnist for Dallas Times Herald and Dallas Morning News, 1979-80.

Housing Choices for Young Families in the '80's
Low Mortgage Rates Aren't What They Seem
Homestead Exemptions and Property Taxes
Open Space an Asset to be Preserved
The Condominium Considered: to buy or rent?
The Trauma of a New Home
Refinancing Your Home in Texas
Creative Financing for Housing in Tight Money Markets
Future Housing Prices
Condominium Conversions versus New Condominiums  Property Tax Reappraisal
Return to Homeownership and Inflation in the 1980's

Funded Research and Studios

Field Studies in Real Estate: Shanghai, China, Wise County, Texas, Derry, New Hampshire, Sun Valley, Idaho, and Milwaukee, WI. Various public and private sponsors, 2004.

Field Studies in Real Estate: Retail Revitalization and Urban Fringe Land Development, International Council of Shopping Centers and LDC Realty Services, 2002.

Field Studies in Real Estate: Retail Revitalization, School Administration Building Redevelopment, and Exurban County Economic Development, 2001: San Diego School District, International Council of Shopping Centers, Committee for South Wise County Economic Development and Growth, 2001.

Revitalizing Under-performing Shopping Centers: International Council of Shopping Centers, Continuum Partners, Center Trust, et al, with Will Fleissig and Martin Zogran, 2000.

“Alternative Futures for Changing Landscapes: the Upper San Pedro River Basin,” with Carl Steinitz, P.I., Legacy Program, Dept. of Defense and Desert Research Institute.

Analysis of the Arizona State Land Departments Performance, with Ehud Mouchly and William Davis, sponsored by the Goldwater Institute, 1996-97.

Census and Economic Impact Study of the Resort Industry, American Resort Development Association, with Peter Gordon and William Davis, 1996-97.

The Impact of Construction Defect Litigation on Affordable Housing, with Peter Gordon and Harry Richardson, California Building Industry Association, 1996.

Capacity Building for Non-profit Organizations, Industrial and Commercial Development, with Ed Blakely (P.I), Leonard Mitchell, and David Dale-Johnson,  City of Los Angeles, 1995-96.

ULI Crime Policy Forum: Crime Prevention Through Real Estate Development and Management, Workshop bringing together the major CPTED researchers (Crime prevention through environmental design) with the real estate community, Sponsored by the ULI, the National Institute of Justice, and HUD, with Marcus Felson, 1995.

Study for the Feasibility of a Latino Marketplace, Long Beach Redevelopment Agency, 1993-94.

Prototype Creation of GIS-based Land Information System, with Eric Heikkila, Los Angeles County Department of Public Works, 1992.

Analysis of the Las Vegas Real Estate Market and its Economic Relationship to Southern California, with Ken Beck, Dowell Myers, Harry Richardson and Terrance Clauretie, UNLV, 1991.

Strategic Management Issues in Real Estate Development Firms, with David Dale-Johnson and Arvind Bhambri, Urban Land Institute, 1989.

Local Government Real Estate Asset Management, with William Baer, Urban Land Institute, Washington, D.C., 1988.

Riverside County Growth Management Study, with E. Heikkila, P. Gordon, S. Webber and Peat Marwick/Goodkin, funded by Riverside County Residents for Reasonable Growth Control, 1988.

Graphic Information System and CAD Applications to Real Estate Development and Planning, Project Socrates Grant, USC, 1986-1988.

Innovative Methods of Financing New Infrastructure, U.S. Department of Housing and Urban Development, Grant H-559256, 8 June 1983.

Economies of Scale in the Provision of Public Utility Services, with Ron Welch, Texas Real Estate Research Center, 1982-83.

Land Rent Gradients in a Multi-Centric City, Faculty Research Fellowship Grant, Edwin L. Cox School of Business, SMU, 1982.

Assessing the Impact of Government Regulation on Urban Lot Prices, with Peter Mieszkowski, Texas Real Estate Research Center, 1980-81.

Urban Land Development: Cost Benefit Analysis of Planned versus Unplanned Growth, Faculty Research Fellowship Grant, Edwin L. Cox School of Business, 1980.

"Racial Living Patterns, Commuting Costs, and Wage Levels in Dallas, Texas," Undergraduate National Science Foundation Grant, Yale University, 1969.


Board Memberships and Professional Affiliations
    American Collegiate Schools of Planning
    American Planning Association
    American Real Estate and Urban Economics Association
    American Real Estate Society
    American Realty Advisors, Trustee
    Berkshire Income Realty REIT, Board of Directors, member of Audit Committee
    Birtcher, Advisory Board (past)
    Business Property Council, Trustee (past)
    Centerprise, Advisory Board
    Dallas YMCA, Camp Grady Spruce, Trustee
    Lusk Review for Real Estate Development and Urban Transformation, Editor (Past)
    Journal of Architecture and Planning Research, Editorial Board
    Journal of Property Development, Editorial Board
    Journal of Real Estate Education, Editorial Board
    Journal of Real Estate Portfolio Management, Co-editor (2003-)
    Real Estate Research Institute, Advisory Board
    Real Estate Review, Editorial Board
    South Coast Botanical Garden, Trustee (past)
    The Urban Land Institute, Senior Fellow, Trustee
    Yale Club of Los Angeles, Trustee (past)

Personal Background:
Native of Houston; grew up in Dallas. Interests include music (paid for Harvard tuition through job as organist-choir director of Pilgrim Church in Lexington, Massachusetts), keyboard synthesizers, music composition, golf, horseback riding, sailing, photography, duplicate bridge (Senior Master), skiing, and art collecting. Ancillary academic interests include architecture (designed and built Dallas home); Victorian, American impressionist and optical art; Japanese, English and Italian Botanical Gardens; large-format photography, digital video editing (AVID), computer programming and micro computers.