News and Updates

Collection used to display news and updates for the Institute for Real Estate Studies.
Meet the New Penn State Real Estate Group. From left to right: Sanket Korgaonkar, Liang Peng, Mallory Meehan, Brent Ambrose, Jiro Yoshida, Steve Bisbee, and Kyle Kaplan.

IRES Resume Portfolio

Students who are participating in the IRES Real Estate Boot Camp have submitted their resumes. These students are interested in both internship and full-time opportunities within the real estate industry.

New Real Estate Case Competition Instructor: Steve Bisbee

Steve Bisbee joins the Smeal faculty team as the instructor for Smeal's Real Estate Case Competition Course. This course focuses on the application and communication of real estate finance concepts and case-based problem solving. The course culminates each semester with a live competition against other business school teams from all over the country.

New Clinical Assistant Professor of Business Law: Kyle Kaplan

Kyle Kaplan joins the Smeal faculty as a Clinical Assistant Professor of Business Law and will be teaching both Business Law and Real Estate Law courses. Previously, Kyle served as an Assistant Professor of Business Administration and the Director of the MBA Program at Carson-Newman University in Jefferson City, Tennessee where he taught both undergraduate and graduate level courses in Business Law and Ethics, Leadership, Management and Sports Management.

New Assistant Professor of Real Estate: Sanket Korgaonkar

Sanket Korgaonkar is an Assistant Professor of Real Estate at the Smeal College of Business. His research interests are in the area of household finance, mortgage finance and asset-backed securitization. His work primarily studies debt renegotiation in mortgage markets, and its effects on mortgage-backed securities for investors and households. In other research, he explores how mortgage contracts are shaped by the interaction of deregulation and competition in local lending markets.

Faculty Updates: Brent Ambrose

Brent Ambrose and Eva Steiner (at Cornell University) presented the paper titled "Capital Expenditures, Asset Dispositions, and the Real Estate Cycle" at the Real Estate Research Institute conference in May and the American Real Estate and Urban Economics Association (AREUEA) National meeting in June.

Faculty Updates: Liang Peng

In May, Liang Peng was nominated and elected to become a fellow of Real Estate Research Institute, a non-profit organization that was incorporated in 1987 to stimulate high quality research on real estate investment performance and market fundamentals. The current 39 fellows ( comprise leaders in the real estate industry and leading scholars in real estate research, including our own Brent Ambrose. MIT and Penn State are the only institutes that have more than one fellow, both of which have two.

Faculty Updates: Jiro Yoshida

Jiro Yoshida was specially appointed Associate Professor at the Hitotsubashi University. This is an honorary position for researchers from around the world at one of the top universities in Japan. Jiro also holds positions as a Research Associate with Columbia Business School, Center on Japanese Economy and Business; Senior Fellow at the Ministry of Finance of Japan, Policy Research Institute; and as Fellow with the Institute for Real Estate Studies at Penn State.