November 16, 2007
UCLA Defeats USC in Annual NAIOP Real Estate Challenge
Beating out cross-town rival USC, a team of students representing UCLA Anderson School of Management walked away with the Silver Shovel award Thursday night at the 2007 USC vs. UCLA Real Estate Challenge held at USC's Galen Center. Presented by the National Association of Industrial and Office Properties (NAIOP), this annual event showcases the talents and creativity of the next generation of real estate leaders by posing a specific real estate case challenge to each school team.
Ziman Center Faculty Research Affiliate
The Ziman Center is pleased to report that Professor Walter N. Torous, the Ziman Center's first Director and Professor of Finance at UCLA Anderson, has been awarded the Lee and Seymour Graff Endowed Professorship. The Graffs established Graff Californiawear, one of the largest privately-held apparel companies in California, and Manufacturers Bank, a financial services firm established in 1962, which caters to California's middle market businesses. Professor Torous teaches real estate finance and managerial finance in Anderson's regular MBA, Fully-Employed MBA, and Executive MBA programs. He is also an editor of Real Estate Economics, the official publication of the American Real Estate and Urban Economics Association, which contains research and scholarly studies of current and emerging real estate issues.
New Ziman Center Board Chairman
The Ziman Center is pleased to welcome William M. Petak as the Founding Board's new Chairman. Mr. Petak joined the Founding Board in 2006. He is the Managing Director and National Head of Originations for AIG Global Investment Group. He is also Senior Vice President for AIG Mortgage Capital, LLC. He is responsible for the fixed income group's nationwide production of real estate investments and mortgage lending. As Chairman Mr. Petak will lead the Board, which serves as the Center's primary advisory group, providing oversight of select functions and counsel on critical issues. We would also like to extend our deepest appreciation to John S. Long for his visionary leadership and tremendous support in his role as the Ziman Center's first and Founding Chairman. Mr. Long has been instrumental to the establishment of the Center's early foundation and success and we look forward his continued involvement in the year to come!