“We are extremely excited about the additions of Jim and George because they both have a depth of experience in building real estate companies, which fits perfectly with the ambitious future of the Steers Center,” said Matthew L. Cypher, Atara Kaufman Professor of Real Estate and director, Steers Center for Global Real Estate. “Most importantly, however, they both share a genuine concern for the individual student and for ensuring our students are the most well trained in the country, which will result in the highest quality employment opportunities.”
In his new role, Reid will focus on enhancing the visibility of the Steers Center brand through his global network. Also, he will teach the foundational real estate course for undergraduate students. Before joining the Steers Center, Reid served in a number of key roles at CBRE, including president of Americas Strategic Initiatives, where he accomplished a range of corporate acquisitions that complemented the firm’s strategy. Earlier in his career, Reid was chief operating officer of the Americas for CBRE, where he oversaw the financial and operational management of the firm’s Americas business. He received a Bachelor of Science degree from the University of Virginia and an MBA from Harvard University.
“I am excited to help scale the tremendous work being done through the Steers Center so that it can reach the highest level of global prominence,” said Reid. “Joining the Georgetown University community allows me to contribute to providing students with a premium, industry-grade education that produces graduates who compete aggressively for the very best real estate jobs around the world.”
As managing director, Yeonas will be responsible for collaborating with Cypher on the strategic plan for the center and, ultimately, its execution. Also, he will have various roles both inside and out of the classroom where his diverse background is leveraged. His extensive real estate career ranges from master plan community design and development to loan workouts and restructurings, which pairs with the Steers Center’s goals of pursuing excellence in real estate education and research. Previously, Yeonas was the chief restructuring officer for a Dutch bank where he was responsible for the liquidation of a $2 billion North American loan portfolio.
“It is a great honor to join the Steers Center for Global Real Estate, which enriches the intellectual life of both the university and the global real estate community,” said Yeonas. “I am looking forward to working with Matthew Cypher and Jim Reid to continue the Steers Center’s development into the finest knowledge center for real estate in the country.” Yeonas is an alumnus of Georgetown McDonough and earned his MBA from the Wharton School of the University of Pennsylvania.
An op-ed by Michael Czinkota, associate professor: “I have returned from my summer trip to Europe and report that conditions have changed. In England stood out for the views by its educated experts on money and markets. They don’t know and don’t care. New announcements and shifts are just shrugged off or, worse yet, ignored. Refusing to think or getting involved is the equivalent of Socrates’’ poisoned hemlock cup – conditions will not improve by themselves.”
That could change, according to Betsy Page Sigman, a Georgetown University professor specializing in social media and electronic commerce.
“Congress is likely to do anything that will put them in a better light these days,” she said. “And I certainly think reining in some unpopular aspects of high tech behavior these days would put Congress in a better light, and give them something that would be perceived as having benefits for their constituents.”
“Without much more information, this sounds more like the politics that the antitrust division has been playing for the last couple of years,” said Larry Downes, a senior industry and innovation fellow at the McDonough School of Business at Georgetown University. “They know antitrust law has not changed in 20 years.”
For decades, higher education leaders have been caught up in a mania for “diversity.” To prove their dedication to progressivism, they have made it a top priority to hire more and more women and minorities. But to do so, argues Georgetown professor John Hasnas in today’s Martin Center article, they have had to create lots of new positions that appeal almost exclusively to scholars in those groups.
Hal Singer is managing partner of Econ One, an economics consulting firm, and an adjunct professor at Georgetown’s McDonough School of Business. He consulted to an independent specialty pharmacy on the CVS/Aetna merger.