Dear Colleague,

Challenging times. These words are heard everywhere lately and most of us are experiencing them in our day-to-day lives. A quick scan of recent news articles and stories reveal anxiety provoking headlines:

• When the River Runs Dry – The Perils of a Sudden Evaporation of Liquidity – The Economist
• Commercial Mortgages Ailing in February – Wall Street Journal
• Commercial Real Estate Faces Battering – National Public Radio,
  All Things Considered

While anxiety provoking, these times also bring many new opportunities.  How can we as real estate professionals respond effectively and lead proactively during financially challenging times?  And what skills and knowledge do we need?

As part of its Professional Development Institute (PDI), MIT’s Center for Real Estate will offer a series of courses on real estate finance, including: real estate finance fundamentals, strategies for accessing capital, fundamentals of loan workouts, fundamentals of asset and portfolio management, and advanced real estate finance. Courses will be held in June and July on the MIT campus, Cambridge, MA.

From the field’s leading academics and practitioners, you will learn:

• the financial infrastructure underpinning real estate development
• a range of practical tools and resources being used to effectively raise equity and debt
• strategies for restructuring loans
• learn best practices for asset management in an up/down and in-between economy
• understand the role of real estate in a diversified investment portfolio and the various job roles in the portfolio management space
• the skill set and tools needed to assess and develop a real estate project’s capital structure

We invite you to take a class – we are confident that you’ll find the experience worth your investment.

In addition, PDI will also be offering courses in:

• Sustainable Development
• Portfolio/Asset Management
• Innovation & Entrepreneurship
• Assisted Living

As an MIT alumni, you are entitled to a 10% discount off the full registration fee. Register before March 31st and receive 15% off the full registration. Please enter code PDI10_MITAA to receive your discount. For information or to register, visit: http://web.mit.edu/cre/education/profed.

Warm Regards,

Aruna Joglekar
Assistant Director, PDI