News - Finance Professor Geltner Joins Faculty
The MIT Center for Real Estate is pleased to announce that Professor David Geltner will join its faculty beginning with the fall term. He will assume responsibility for the finance portion of the coursework leading to the Master's degree in Real Estate Development. Professor Tim Riddiough who previously taught these courses has elected to remain at the University of Wisconsin where he was while on leave from MIT.
Center Director, urban economist William Wheaton, declared that "we are ecstatic to be able to bring David back to MIT where he has a long-standing connection. He brings enormous energy and intellectual power to the Center's finance curriculum." Professor Geltner said that he was pleased to be coming back to MIT. He explained that at Cincinnati, as at most schools, the real estate program is housed in the business school and is primarily finance-oriented. "But real estate is so much more than just dollars and cents," he said. "We need to explore the breadth and depth of real estate to make an impact on the built environment. I think it's important to do that, and I think I will be able to do that at MIT."
Professor Geltner comes to MIT from the University of Cincinnati where he was REEAC Professor of Real Estate in the Finance Department of the College of Business Administration. He is no stranger to MIT having earned his PhD here in l989 and returned as a visiting professor in the fall term of 1998. He received an MS in Urban and Public Affairs from the Carnegie Mellon University in l976 and a B.G.S. in Urban Studies from the University of Michigan in l972. He served as Visiting Professor in the Department of Land Management of the Faculty of Urban and Regional Science at the University of Reading in the UK.
He is co-editor of Real Estate Economics, the official journal of the American Real Estate & Urban Economics Association and a member of the editorial boards of the Journal of Real Estate Finance & Economics, the Journal of Real Estate Research and the Journal of Property Research. Dr. Geltner is a Fellow of the Homer Hoyt Institute and serves as academic advisor to the National Council of Real Estate Fiduciaries (NCREIF). He has published widely in leading academic journals in the area of real estate economics, investment analysis and performance measurement. He is co-author of Commercial Real Estate Analysis & Investments, a widely acclaimed new graduate-level investment textbook published by South-Western College Publishing Co.