Diploma Mortgages

Today a degree from Harvard will cost the lucky student $220,000, but Harvard has said that their students can expect to earn at least $140,000 or more upon graduation.

The US Department of Education released a report that shows roughly 92,800 people took out federal student loans to fund their MBAs and graduated in 2016 and 2017 with a whopping $3.7 billion in debt. According to the Wall Street Journal, at the top of the heap were Northwestern’s Kellogg School of Management and NYU’s Stern School, both with an average of $116,000 and $105,000 debt loads per student.

These figures aren’t all that surprising when you compare the debt figures with the cost of the programs. Shockingly, the cost of an MBA has doubled since the financial crisis and it is still growing. Today a degree from Harvard will cost the lucky student $220,000, but Harvard has said that their students can expect to earn at least $140,000 or more upon graduation and leverage the schools strong alumni network.

The point of the story is that with the cost of an MBA, especially from one of the top ten, it is a big bet, and frankly one that is likely to pay off, in a healthy bull market of course.

Job Listings

SPONSORED JOB MIDDLE STREET PARTNERS Asset Manager (CHARLESTON, SC) Position will be responsible for executing property level strategies to enhance and protect asset value, meet investment objectives, and oversee assigned properties and/or portfolios. Position will also be responsible for providing operational oversight at the property level for multiple assets.

LIVINGSTON STREET CAPITAL Real Estate Accountant (RADNOR, PA) Duties include: managing the monthly closing process for multiple properties; tracking and recording tenant receivables; preparing balance sheet tie-out and maintaining supporting account schedules; performing bank reconciliations and monitoring cash position; and processing property A/P including setting up new vendors and entering invoices.  

SAVILLS Transaction Manager (TORONTO ON, CANADA) Responsibilities include implementing transaction strategies for acquiring and disposing of real estate properties, and coordinating field resources and other stakeholders in the execution of lease renewals, new site acquisitions, disposition of surplus space through subleasing, sale renewals, and early lease termination.  

AJ CAPITAL PARTNERS Asset Management Associate (NASHVILLE, TN) Associate will work with the Investments team on management of the company’s leased real estate and independent hotel platform. Role will be responsible for asset management of the portfolio including required reporting, property management oversight, integration of new acquisitions into the portfolio, and communicating effectively to all internal and external stakeholders.  

UNIVERSITY OF OREGON Senior Real Estate Manager (EUGENE, OR) Duties include assuming management and oversight of campus real estate assets and activities including strategic planning, real estate transactions (leases, acquisitions, disposals, etc.), real estate development, documentation and records management, and the coordination of these activities with facilities planning on the main campus. Incumbent will be responsible for developing and implementing goals and processes related to real estate planning, development, leasing, acquisition, and objectives set by university leadership.  

URBAN RENAISSANCE GROUP General Manager (SEATTLE, WA) Position will provide management, direction, and leadership to ensure the portfolio is maintained and operated in accordance with the investment objective to provide a maximum return and investment.  

SITUS Associate – Securitization, CMBS Conduit and SASB (NEW YORK, NY) Duties include managing multiple assignments for dedicated Situs team, while understanding and prioritizing projects by specific deadlines; acting as lead on deals, interfacing with rating agencies, accountants, B buyers; and assisting with briefing the sales team on conduit and SASB deal attributes, credit concerns and mitigating factors.  

VOYA INVESTMENT MANAGEMENT AVP Real Estate Investment Officer (ATLANTA, GA) Officer will partner with the Regional Manager to implement a marketing plan to find and cultivate the sources of core and core-plus loans, to include the initial underwriting, credit analysis and investment committee presentations of new investment opportunities.  

NEWMARK KNIGHT FRANK Production Associate (ORLANDO, FL) Primary responsibility will be to provide day-to-day financial, market and underwriting analysis of multifamily loans, and to manage a pipeline of in process and prospective loans. Successful candidate will work directly with the Multifamily Capital Markets team in scheduling and attending property tours for prospective buyers on assets.  

WHITESTONE REIT Property Manager (SCOTTSDALE, AZ) Manager will oversee move in and move out processes with tenants assuring that all items are completed such as keying space, utilities changes, cleaned spaces, inventory list and construction requirements if applicable; and reviewing code, approving and submitting invoices for vendors to Accounting department in a timely manner.