Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-George L. Ruff, co-founder and senior principal of New York City-based Trinity Hotel Investors, has donated $1.5 million to establish a professorship in real estate studies at DePaul University of Chicago’s Real Estate Center. The Ruff-endowed professorship is designed to allow the center to attract scholars who will teach complex real estate and urban planning issues from non-traditional perspectives.

Specifically, it will create one- to two-year faculty positions for professors from a variety of disciplines, such as anthropology, sociology, geography or public policy. “It will allow us to produce real estate professionals who understand that building communities requires knowledge of a wide range of issues related to real estate, from environmental protection, historic preservation and legal considerations, to transportation, taxation, politics and access to schools and employment,” says Susanne Cannon, finance professor and the Douglas and Cynthia Crocker-endowed director of the center.

Ruff is a 1974 cum laude graduate of DePaul. During his 30-year career in international real estate, hotel investment and operations, he has engineered, negotiated and close more than $3 billion in transactions. Through the gift, Ruff says, “I wanted to thank DePaul and help the next generation of real estate leaders succeed through exposure to rising academic stars who will diversity they education.”

Ruff is also a founding sponsor and member of the fundraising committee for the Real Estate Center, which opened in 2002. This gift follows a $2-million donation a year ago from Douglas Crocker II, retired CEO of locally based Equity Residential Properties Trust, and his wife, Cynthia, which endowed the directorship of the center.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.