NYU gets new real estate finance research center

New York University’s Stern School of Business has opened a new Center for Real Estate Finance Research, a statement from the school said today. The center will explore issues such as “residential mortgage finance reform, the role of real estate in the macroeconomy and real estate as a large asset class in portfolio management,” according to the statement. The Stern School is also expanding its real estate-related curriculum.

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“We learned from the global financial crisis of the systemic importance of real estate finance and continue to see how housing influences the direction and speed of the economic recovery,” said Stijn Van Nieuwerburgh, a professor of finance at NYU’s Stern school and the director of the Center for Real Estate Finance Research. “We’re in a research renaissance [working] to uncover answers that will reshape the architecture of mortgage finance.”

Confirmed members of the center include Jerry Cohen, an investment partner at Tishman Speyer Properties; Michael Nash, senior managing director at the Blackstone Group and Isaac Zion, co-CIO at SL Green Realty. — Guelda Voien