Saturday, April 7, 2012

Georgetown McDonough Pushes Real Estate Finance Initiative

Georgetwown's  McDonough School of Business at Georgetown University has raised $6.5 million of $15 million for its Real Estate Finance Initiative, thanks to a $5 million gift by Lauren and Robert Steers (BSBA ’75), the school announced this week

The Real Estate Finance Initiative is supposed to be a knowledge-sharing forum where industry leaders and policymakers come together to examine changing trends in the real estate finance sector.

Robert Steers is co-CEO of Cohen & Steers Inc., a global investment firm specializing in real estate investment securities, listed infrastructure, large cap value and preferred-stock portfolios. Steers is also chair of the McDonough School of Business Board of Advisors and a member of Georgetown University’s Board of Directors. Several other alumni have also contributed toward the Real Estate Finance Initiative, putting it well on its way to its fundraising goal.


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