Benecki Center for Real Estate Studies

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Benecki Center for Real Estate Studies

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Title: Benecki Center for Real Estate Studies

1
Benecki Center for Real Estate Studies

2009
Dr. Jeffrey Fisher, Ph.D., Director
Ellen Stauffer, Assistant Director
http//www.kelley.iu.edu/bcres

2
The Centers Mission

The mission of the Benecki Center for Real
Estate Studies is to act as a focal point for
research, education, and service activities
relating to the field of real estate. The Center
was established in 1985 to provide a
comprehensive real estate resource, serving as a
vehicle for interaction between faculty,
students, alumni, professional organizations, and
others with an interest in real estate. Center
activities are designed to build external
relationships through encouragement of
interaction between University faculty, students,
and real estate professionals.
The main focus of the Real Estate Club is to
provide members with information about the
various career paths within the field of Real
Estate. With this in mind, we provide club
members with opportunities through many genres of
communication.

3
Dog Island

In 2007, Stanley Benecki, a 1981 graduate of the
Kelley School, donated five undeveloped lots on
Dog Island , Florida to Indiana University.
This donation
Has provided a real life learning experience in
real estate development for MBA students
Has created an opportunity for both undergraduate
and graduate students to visit the island and
experience firsthand the issues facing a
developer
Will provide the Benecki Center with an endowment
upon eventual sale of the property
A webpage has been created to help market the
lots and to provide information
http//www.kelley.iu.edu/bcres/dogisland.html

4
Dog Island, November 2007

A group of IU students, faculty, and staff, along
with Mr. Stanley Benecki and area real estate
professionals, pose for a picture on the shores
of Dog Island.

5
Center Activities

Support of IU Real Estate Club Events,
Activities, Website
Co-sponsorship and planning of Indiana Commercial
Board of Realtors Annual Conference and Luncheon
IU Real Estate Career Fair
Annual Argus Workshop given by Professor Fisher
Provide informational resources and scholarships
for students interested in real estate as a major
and career
Maintain relationships with industry
professionals and companies to promote
networking, internship, and job opportunities for
students

6
Real Estate Club at IU
http//www.kelley.iu.edu/reclub/
Guest Speakers Each semester the Real Estate
Club invites guest speakers to speak at their
mass meetings.

Guest speakers lined up for last semester
included
Lynn Coyne, Director of IU Real Estate
Richard Horn, Chairman of Stratford Companies,
owner of Horn Properties, and past President
of Duke Realty
Wade Achenbach, Director of Finance with Kite
Realty
Ernst Young
Bank of America

Site visits included
Renwick Development in Bloomington
Duke Realtys Anson Development in Zionsville

7
IU Real Estate Career Fair

The first annual real estate career fair took
place in the Kelley School in February 2007. We
just held our second on February 13th.
Participating companies have included
Colliers Turley Martin Tucker
Integra Realty Resources
Don R. Scheidt Company, Inc.
RESOURCE Commercial Real Estate, LLC
Marcus Millichap
Simon Property Group
Herman Kittle Properties
Jeanne Walters Real Estate
FM Stone Commercial
Summit Realty Group

8
Collegiate Real Estate Conference

The 4th Annual CREC took place in April at
DePaul University in Chicago
Students from IU and eight other Midwest
universities
Students attend panel discussions on topics of
real estate industry network with companies
The Center hosted a dinner for students and
alumni at the University Club with speakers Al
Klairmont Ken Marino of the Eisenberg
Foundation, and Steve Good of Sheldon Good Co.

9
IREM Luncheon
Indianas Institute for Real Estate
Management hosts a luncheon and career fair each
January

Students have the opportunity to
Network with various real estate property
management organizations and companies
Learn about the property management business
Participate in the IREM business luncheon
Hear a panel of speakers talk about timely topics
in 2007 the topic was the property tax law
changes

10
ICBR Annual Conference

Each year, the Benecki Center co-sponsors the
Indiana Commercial Board of REALTORS Annual
Commercial Real Estate Conference.
Began as a CRES event
Student Career Panel
Keynote Harlos Lecturers
Continuing Education Credits
Networking with over 500 Indiana Real Estate
Professionals

11
Stanley E. Hunt Development Case Series

The Paul I. Cripe Charitable Foundation has
agreed to donate 75,000 to fund a new
development case series for five years
Stanley Hunt was founder and CEO of The Shorewood
Corporation, a development company, and proponent
of helping young people in their careers Hunt
died in 2001
Doug McCoy, adjunct professor of real estate,
oversaw creation of first case this summer case
is being taught this fall in two sections of
Appraisals class
This project will provide students with real
world based learning in the area of real estate
development
Case competition held on November 19th winners
received cash awards
http//www.kelley.iu.edu/bcres/stan_hunt.html

12
Stanley E. Hunt Development Case Series Fall
2008

This years site, at the northeast corner of
17th and Walnut, is located in Bloomington to
allow students to walk the site and make use of
speakers from the local area. Winning cases
included a Dunkin Donuts, Bloomingfoods,
apartments, and a Hooters.

13
Indiana University Undergraduate Real Estate
Program Ranked by U.S. News and World Report