First Chair in Real Estate Named at Rutgers
Dr. Morris Davis, a real estate and urban land economics professor at Wisconsin Business School, has been chosen to hold the Paul V. Profeta Chair in Real Estate at Rutgers Business School and help build Rutgers into a leading center for real estate studies and research.
Davis, who completed his PhD in economics at the University of Pennsylvania in 1998, has held the James A. Graaskamp Chair in Real Estate at the Wisconsin School of Business at Wisconsin University since 2010. He began serving as academic director of the business school’s Graaskamp Center for Real Estate in 2011.
“I’m very honored and excited to be the first real estate chair at Rutgers,” said Davis. “This is an opportunity to build a top real estate program in the middle of some of the top real estate in the world.”
The creation of the endowed faculty chair and the appointment of Davis were formally approved July 16, 2014 by the Rutgers University Board of Governors. An investiture ceremony is scheduled on Sept. 23 in Newark.
The faculty chair was created last year with a $1.5 million commitment from Profeta, who owns a national real estate investment, management and leasing business that bears his name.
An anonymous donor, who has pledged a total of $27 million to Rutgers University as part of an Endowed Chair Challenge in 2011, matched his contribution. The challenge, issued during the “Our Rutgers, Our Future Campaign, was intended to add 18 world class faculty members across the university.
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Erin Purcell
Staff Writer, covering MetroMBA's news beat for New York, Philadelphia, and Boston.
