Thursday, June 10, 2010

June 10th, 2010, First night of class!!!





*Subtropolis is an underground industrial complex created at the site of an outdated limestone query. Developed by Hunt Midwest, a Lamar Hunt subsidiary.
Summer 1 has officially begun, and the markets have been interesting to watch the past few weeks since our Real Estate Study Tour (my other blog can be seen at www.vishalmakan.blogspot.com).

The topic of Educational/Employment trends for new graduates is where we started off, and it brought along with it topics with no tangential limitations (partly due to Jason's inquisitive nature).

*Bank of America Tower, NYC –First LEED Platinum Skyscraper in USA
--storn water usage through usage
--ceramic dots on windows to deflect sun rays in the summer
--chilled water/hot water piping on ground floor lobby for temperature control, along with air vents on ground instead of overhead

*Employers are trending to hire those that are not only educated ABOVE bachelor level, and are well versed in the industry they are entering and also are well rounded to be as flexible with all of the changes that occur in the marketplace.

*Senior Housing/Assisted living marketplace is going to be interesting due to the baby boomer retirement age which is looming…opportunities will surface if you focus on contacting the players in that specific niche market.

*Internships are analogous to dating fof Dr. Forgey; he thinks that if you intern enough, just like dating, you’ll have a good understanding of where you want to be after all is said and done.

*Also recommends to throw yourself in front of people/firms you would like to work with

*Implications of online education is very interesting. Uof Phoenix and others are seeing a good growth trend. MIT has put ALL or their course materials online for free. Are they worth as much and do employers encourage them?

*Professional associations like the Urban Land Institute are the most comprehensive for obtaining a full experience in real estate on a local level in D/FW.

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