Ray Torto

Lecturer in Urban Planning and Design

Raymond Torto is currently a Lecturer at Harvard University’s Graduate School of Design and retired Global Chief Economist for CBRE.

Torto has successfully performed in various policy and management positions in the academic and government arenas as a Professor of Economics, Department Chairman and Director of a Public Policy Institute at the University of Massachusetts and as a government official in the City of Boston.

After gaining valued experience in these sectors, he built upon his knowledge and expertise by becoming a founding principal of Torto Wheaton Research (TWR), an internationally recognized commercial real estate research company. TWR was acquired by CBRE and is now branded as CBRE Econometric Advisors.

Torto has authored four books and numerous academic and professional articles on economics and commercial real estate. He is a frequent speaker at industry events and is often quoted in the global real estate press.

Torto is active in many real estate organizations including service as Treasurer, Vice Chairman and Chairman of the Pension Real Estate Association (PREA) and as a Director on  the PREA Board. He is also a Senior Fellow of the Real Estate Research Institute and a Fellow of the Homer Hoyt Advanced Studies Institute, as well as a member of Urban Land Institute, American Real Estate Association and Counselors of Real Estate.

Dr. Torto is a co-recipient with Bill Wheaton of the 2007 James A. Graaskamp Award for Real Estate Research Excellence.

Dr. Torto holds a Ph.D. in Economics from Boston College.