ZC_Urbanscape Covel 2012


UCLA Green Building Symposium - Building Better Places
By Brian M. Sterz, UCLA Anderson FEMBA Class of 2014

On Wednesday, February 26, 2014, the UCLA Ziman Center for Real Estate and the UCLA Institute of the Environment and Sustainability partnered to present the UCLA Green Buildings Symposium - Building Better Places in UCLA Anderson's Korn Convocation Hall.  The event successfully engaged leading real estate, sustainability, and public policy professionals in a lively debate over current and future drivers and financial incentives for new and existing green building in the Southern California region and across the state.

UCLA Green Building 2014, Jeff Mezger-KB HomeThe Ziman Center and IoES were honored to have Jeffrey T. Mezger, president, chief executive officer, and director of KB Home, launch the symposium with an informative keynote address entitled "The Sustainable Journey."  Mezger's presentation chronicled KB Home's evolution as one of the most innovative sustainability leaders in the real estate industry, and highlighted the company's opportunity to educate and provide customers with sustainable and environmentally-friendly housing solutions, which are not currently available from competitors or in the existing stock of resale homes.  Mezger concluded his keynote with a glimpse of KB Home's future "Double Net Zero Home" that will combine cutting edge technology in both energy and water conservation.  (To download Jeff Mezger's KB Home PPT slide deck PDF, click here.)

Matthew E. Kahn, director of research, UCLA Ziman Center for Real Estate, and professor, UCLA Institute of the Environment and Sustainability, followed with a critical discussion on current trends and policy initiatives in the sustainable building marketplace.  Kahn noted how new Class A commercial construction had led the way in LEED certification and Energy Star building, and provided data showing that these buildings achieved 2%-6% higher rents because of increased tenant demand.  Kahn believes that the cost of "greening" properties will fall as human capital, including LEED certified real estate professionals, increases and competition from international markets brings down the cost of solar power and other sustainable building products.

UCLA Green Building 2014, PanelThe Symposium concluded with a deep-dive panel discussion led by David Hodgins, executive director of the LA Better Buildings Challenge.  Hodgins led the interaction between Daniele Horton, director of sustainability at CommonWealth Partners, and founder and principal, Verdani Partners; Adhamina Rodriguez, director of sustainability at Swinerton Builders; Peter Belisle II, Southwest market director for Jones Lang LaSalle; and Ted Bardacke, deputy director, sustainability on the Budget & Innovation Team for the City of Los Angeles.  Ted addressed the City's initiatives on climate change resource management, access and availability of housing, equity and public health and the potential effects that policies such as California Assembly Bills AB32 and AB1103 may have on new and existing sustainable housing and construction.

The UCLA Ziman Center for Real Estate and the UCLA Institute of the Environment and Sustainability would like to thank all industry professionals, faculty and students from across the UCLA campus for attending this successful and timely event.

UCLA Anderson Team Places First at UNC Real Estate Challenge
Marking a New Level of Achievement on a National Arena

UNC 2014Chapel Hill, NC - On Friday, February 21st, 2014, students from the UCLA Anderson Real Estate Association (AREA) beat 15 teams representing the nation's top business schools and claimed the school's first victory at the annual UNC Real Estate Case Competition.

UCLA Anderson students placed second in this challenge before, in 2008, 2009, and 2012, as well as placing third in 2013. This year's competition included: NYU Stern (2nd place), Columbia (shared 3rd place), University of Virginia Darden (shared 3rd place), Duke Fuqua, Northwestern Kellogg, London Business School, UT Austin McCombs, Vanderbilt Owens, Chicago Booth, Cornell Johnson, UNC - Chapel Hill Kenan-Flagler, USC Marshall, Georgetown McDonough, University of Michigan Ross, and Dartmouth Tuck.

Neil Doshi, Reisa Bloch, Jack Agresta, and Patrick Devitt received the case on Thursday, February 13th and began preparing a comprehensive proposal for a mixed-use development located near Hangzhou, China. On Tuesday, February 18th, the team submitted their presentation slides to a panel of judges comprised of real estate professionals and flew to Chapel Hill the next day. As in previous years, the trip was sponsored by the Ziman Center for Real Estate at UCLA.

The 2014 team, made up entirely of first-year UCLA Anderson MBA students under the advisement of Professor Paul Habibi, successfully presented in front of 16 judges, including Mr. Don-Ho Chien of Century Bridge, whose investment provided the basis for the competition case. As David Hartzell, the Director of The Wood Center at UNC underlined, the UCLA Anderson team showcased its talent by conducting a thorough market research, treating the assignment as a real pitch, building the exit strategy with the equity partner in mind, and demonstrating an in-depth understanding of the case details.

This achievement will build on itself as the program's reputation grows and more real estate students are attracted to the school. It is a victory that highlights assiduous efforts on the part of AREA, The Ziman Center, and the associated real estate students and faculty to establish a stronger brand for UCLA Anderson as a world-class real estate program.

UCLA Ziman Center to Host Green-Building Symposium

Jeff MezgerThe UCLA Ziman Center for Real Estate will host the UCLA Green Building Symposium on Feb. 26 in Korn Hall. Co-sponsored by the UCLA Institute of the Environment and Sustainability Corporate Partners Program, the event's theme is "Building Better Places" and discussion will focus on the current climate and the most salient issues regarding green building in the region and state. "The UCLA Ziman Center is exceptionally pleased to partner with the UCLA Institute of the Environment and Sustainability to present this important symposium, which will focus on the nexus between the built environment and sustainable practices. The symposium will assemble some of the leading experts, innovators, policy-makers and practitioners in the green-building space," said Tim Kawahara, executive director of the Ziman Center.

The afternoon will feature a keynote address by Jeffrey T. Mezger, president, chief executive officer and director of KB Home; as well as a panel discussion on the "state of the state" of green building. Emphasis will be on the drivers to a wider adoption of green building policies and techniques, including landlord ROI, tenet demand, public perception, government incentives, public-private partnerships, availability of capital, new technologies, retrofit incentives and property type variation and profiles. Panelists-Daniele Horton, director of Sustainability, CommonWealth Partners, and founder and principal, Verdani Partners; Peter T. Belisle II, Southwest Market director for Jones Lange LaSalle; Adhamina Rodriguez, director of Sustainability for Swinerton Builders; and Ted Bardacke, deputy director of Sustainability for the City of Los Angeles-represent the spectrum of issues surrounding sustainable building.