The Commercial Real EstateFinance Council and the Schack Institute of Real Estate at the NewYork University School of Professional Studies have announced thecreation of the CREFC Center for Real Estate Finance at the SchackInstitute.
An endowment gift from CREFC toNYU supports the venture. It was shared at the association'sJanuary 2020 conference.
"The idea came from CREFC's boardabout a year and a half ago," says Lisa Pendergast, executivedirector of the CREFC. "The board was very focused on expandingCREFC as a resource for the entire commercial and multifamily realestate industry. While many amazing universities and colleges wereconsidered, the association's decision was based on NYU's razorfocus on commercial real estate finance, its robust ties to theindustry and its location in the heart of New York City, where manyof our members are based."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
