Guthrie Center for Real Estate Research
The Guthrie Center for Real Estate Research at Northwestern, which is housed at the Kellogg School and has its own advisory committee of prominent individuals in the field, engages the Kellogg School faculty and students in research projects that involve real estate markets, public and private finance, project management and the development process. The Center also assists students in finding summer and full-time employment.
The recent financial crisis had its roots in the market for residential real estate, and the tremendous change in the market has highlighted the need for tomorrow’s real estate professionals to have a thorough understanding of the theory and practice of the real estate industry, to learn from past mistakes and to shape the future of the industry.
The Kellogg School’s Real Estate Program is designed to ensure that our students are ready to meet this challenge. The comprehensive curriculum gives students the knowledge and adaptability they’ll need to excel in high-level professional and managerial careers in the industry.
The program addresses all aspects of real estate development — social, economic and financial. The courses are taught by leading scholars and distinguished practitioners with significant experience in development, finance, planning and law.
In addition to their classroom activities, students have many opportunities to interact with real estate professionals. By combining classroom and experiential learning, the program ensures that each student receives a firm analytical foundation and an applied bridge to professional practice. Kellogg Real Estate students participate in an annual real estate conference, competitions between leading business and professional real estate schools around the country, class project competitions, project site visits, the Real Return Newsletter (update forthcoming), professional development and career networking programs.
The impact of real estate extends far beyond bricks and mortar. The field offers diverse and promising opportunities, whether students wish to form a startup development company or join a globally integrated real estate firm. Recent graduates have taken positions in development, finance, investments, consultancy, residential and commercial mortgage lending, as well as analyst and management positions with REITs, life insurance companies, and investment advisory firms.