HARVARD REAL ESTATE REVIEW
ISSUE 8 LAUNCH WEBINAR
Saturday, June 6th, 12-1:30pm EST
Online - Zoom
*Individual video segments available below.
The AY 19-20 Editorial Board of the Harvard Real Estate Review is pleased to present our recently published 8th annual issue, entitled “Adaptation and Evolution.” In lieu of our traditional in-person launch party, the remote nature of all communications these days has enabled us to gather our editors, authors, and commentators under the same “roof,” curating a series of moderated discussions that both reflect and celebrate the published articles and contemplate their current relevance. We were fortunate enough to draw a live audience of nearly 90 people from near and far, and we had the pleasure of welcoming some highly esteemed members of the Harvard real estate community – including Professor Bill Poorvu – as well as our inaugural executive editors from back in 2012.
By exploring the intersection of real estate, technology, and design, we envision the publication as a starting point to address the many challenges and opportunities that our cities and the built environment continue to face today. We’d like to thank our faculty and Editorial Team, our group of authors and commentators, as well as donors to the Dean’s Fund for Real Estate, for their continued support and contribution.
Picking Winners and Losers in PropTech Author: Iryna Papalamava (MBA ’18) Commentator: David Gerster Vice President, JLL Spark Global Venture Fund
Preserving Ownership through Community Land Trust Author: Aneliese Palmer (MPP ‘21) Commentator: David Luberoff Deputy Director, Harvard Joint Center for Housing Studies
Pre-Fabrication and The Housing Crisis in Hong Kong
Author: Jeremy Pi (MUP ‘19)
Commentator: Bing Wang Associate Professor, Co-Head of MDes REBE, Harvard GSD
Cross-Border Investments in Shenzhen and Bangladesh
Author: Mamun Uz Zoha (MDes REBE ‘19)
Commentator: Richard Peiser Professor, Co-Director of MUP, Harvard GSD
Public-Private Citymaking Bonifacio Global City, Manila Author: Veronica Cardenas Vignes (MAUD ‘19) Commentator: Jackson T. Anderson Real Estate & Economic Researcher Michael J. Seiler Professor, William & Mary; Visiting Scholar, Harvard GSD
Miami Metro Strand PLIMPTON-POORVU DESIGN PRIZE 2019 Author: Sam Adkisson & Hiroki Kawashima (MAUD ‘19) Commentator: David Gamble Lecturer, Harvard GSD; Principal, Gamble Associates
Disaster Management for Community and Housing Organizations
Author: Susanna Pho (MDes RR ‘19)
Commentator: Maria Cabildo Principal, Fireflower Partners; Former President & CEO, ELACC
David Gerster is an investor with the JLL Spark Global Venture Fund, a $100M early stage proptech fund. Before moving to VC, David led teams in business intelligence, A/B testing, and machine learning, with specific focus on the consumer web. At Yahoo, he led the project to collect billions of anonymized Toolbar clickstreams, which were used to create new features for production web search ranking. At Groupon, he built an elite data science team that trained the first machine-learned ranking models for the Groupon mobile app. He recently led JLL Spark’s investment in OpenSpace, a construction technology startup.
David Luberoff is Deputy Director of Harvard’s Joint Center for Housing Studies. He has also been a Lecturer on Sociology at Harvard University, Senior Project Advisor to the Boston Area Research Initiative at Harvard’s Radcliffe Institute for Advanced Study, Executive Director of Rappaport Institute for Greater Boston at the Harvard Kennedy School (HKS), Associate Director of HKS’s Taubman Center for State and Local Government, and editor of The Tab, which was greater Boston’s largest group of weekly newspapers. The author of many articles and case studies on the politics of infrastructure and land-use policies, he is the co-author (with Alan Altshuler) of Mega-Projects: The Changing Politics of Urban Public Investment, which was named 2003’s best book on urban politics by the American Political Science Association’s urban section.
Dr. Bing Wang is Associate Professor in Practice of Real Estate and the Built Environment and faculty Head for Master of Design Real Estate and the Built Environment at the Harvard GSD. Her published books include The Architectural Profession of Modern China (2011), Prestige Retail: Design and Development (2014), and The Global Leadership in Real Estate and Design (2015). She is on the Editorial Boards of the Journal of Sustainable Real Estate, the Journal of Planning Theory and Practice and Journal of German Real Estate. Dr. Wang bridges the fields of design and real estate and brings global experiences as a executive and principle for multi-national investment and development companies. She practices real estate and urban design in the US and China and has advised private organizations, government agencies as well as real estate companies in the US, China, Japan, Saudi Arabia and around the world. She is on the Steering Committee of Harvard China Fund, on the board of the Chinese Society of Urban Studies and is an elected Board Director for the American Real Estate Society. Jeremy Pi’s article emerged out of Dr. Bing Wang’s class “Real Estate and City Making in China.”
Richard B. Peiser, Ph.D. is the first Michael D. Spear Professor of Real Estate Development in the Department of Urban Planning and Design at the Harvard Graduate School of Design (GSD). He founded and served as the first director of the university-wide Real Estate Academic Initiative as well as the university’s highest-level real estate executive training curriculum, the Advanced Management Development Program. He is Director of the Urban Planning program and is past director of the MDes in Real Estate concentration at GSD. Before coming to Harvard, he founded the Master of Real Estate Development (MRED) Program and the Lusk Center at USC. Professor Peiser’s primary research focuses on developing an understanding of the response of real estate developers to the marketplace and to the institutional environment in which they operate, particularly in the areas of urban redevelopment, affordable housing, and suburban sprawl. His current research focuses on mixed use development, urban modeling, and new towns. His book, Professional Real Estate Development: the ULI Guide to the Business, now in its third edition, is one of the Urban Land Institute’s all-time best sellers. Professionally, he has developed housing, apartments, land, and industrial properties in Texas, California, and China, and has served as the lead expert witness in a series of high profile cases on affordable housing, apartment investments, REITs, golf course, and master planned communities. He holds a B.A. from Yale University, and MBA from Harvard University, and a Ph.D. from Cambridge University.
Jackson T. Anderson
Jackson T. Anderson is a real estate and economic researcher. His work focuses on real estate portfolio construction, with emphasis on the inclusion of private debt securities in real estate portfolios as well as other non-core assets such as hotels and self-storage. His work has been presented and published in numerous forums such of the American Real Estate Society, the Pacific Rim Real Estate Society, and in Real Estate Finance.
Michael J. Seiler
Dr. Michael J. Seiler is the J. Edward Zollinger Professor of Real Estate & Finance at William & Mary. He is currently a Visiting Scholar within the GSD at Harvard University, and has been a visitor at The London School of Economics, Johns Hopkins, and The Australian National University. A former hedge fund Chief Economist, Dr. Seiler is an internationally recognized behavioral real estate researcher whose studies have been cited in the Wall Street Journal, NY Times, LA Times, and Washington Post.
David Gamble, AIA, AICP, LEED AP, is a Lecturer in the Department of Urban Planning and Design at Harvard’s Graduate School of Design. He has taught studios and seminars in urban planning, urban design, real estate and representation at the GSD since 2009. David is principal of Gamble Associates, a Cambridge-based practice that focuses on urban revitalization and community development. He is co-author of “Rebuilding the American City” (Routledge Press, 2016) and has served as a reviewer of the Plimpton Poorvu Prize since the competition’s inception.
Maria G. Cabildo
Maria G. Cabildo is an urban planner who became an affordable housing developer through her desire to stabilize and revitalize Los Angeles’ disinvested communities. She believes that community residents most impacted by historic disinvestment must be significant players in land use and development decision making.In 1995 Cabildo cofounded the East LA Community Corporation and served as president and CEO from 1999-2015. During her tenure, ELACC reshaped the Boyle Heights community through community organizing and affordable housing development, leveraging and investing more than $200 million. Cabildo worked in county government from 2015 until 2017, when she ran for Congress in a special election to represent California’s 34th district. She came in third, having earned the Los Angeles Times’ endorsement. She has served on state and local boards, including the Los Angeles’ Planning Commission. Her consulting firm, Fireflower Partners, works with clients to spark changes for a more just and equitable world.
ABOUT HARVARD REAL ESTATE REVIEW
Founded in 2012 with the support from the Dean’s Fund for Real Estate, the Harvard Real Estate Review is a student-run publication that provides a forum for Harvard students to publish their interests and research in real estate related issues and engage in meaningful cross-disciplinary discourse about the real estate and the development realm. The Review’s DNA has remained unchanged throughout the evolution of the past seven editions by providing a forum for students, faculties, and practitioners to communicate across divides. By bridging the gap between academia and practice, this platform aims to deepen our understanding of forward-looking trends and issues.The Review’s DNA has remained unchanged throughout the evolution of the past seven editions by providing a forum for students, faculties, and practitioners to communicate across divides. By bridging the gap between academia and practice, this platform aims to deepen our understanding of forward-looking trends and issues.
We proudly present the newest edition “Adaptation and Evolution” with the generous support of the Harvard Graduate School of Design and our donors. The current edition is the product of 6 authors and 7 editorial team members from the Harvard Graduate School of Design and the Harvard Business School, who are enrolled in six different degree programs. The Review has made digital editions of all issues available at https://www.harvardrealestatereview.com/. We look forward to engaging our readers, contributors, and commentators through all future publications.