Posts Tagged ‘real estate graduate student’

Student Profile: Tim Lawrence, Site Selection Specialist & Retail Real Estate Broker

Wednesday, November 9th, 2011

TimLawrenceWith expertise in geography and location analysis, Tim Lawrence helps retailers and developers find the perfect site.  Now, Tim is expanding upon his real estate knowledge in the MSRE program.

What is your educational background and professional experience?

I majored in Geography and English at the University of Wisconsin- Eau Claire.  Because of my interest in Location Analysis, one of my professors recommended a master’s program at UNC-Charlotte.  I completed the MA in Geography at UNC-Charlotte, a program focused on Location Analysis, particularly retail location.

I became interested in under-served retail markets, particularly inner-city retail potential.  While in that program, I was hired to complete research projects for two wonderful companies that were on the brink of rapid expansion into under-served markets.  At Supervalu, I built a sales forecasting tool for potential new Save-A-Lot store locations.  Supervalu was one of the first retail chains to conduct detailed market analysis studies decades before I had the opportunity to work for the same department.

After that, at Family Dollar, I interned with the real estate department.  I conducted a customer-spotting project to determine trade area parameters.  Using this information, we were able to create a model to use for evaluating prospective sites.  Family Dollar soon hired me as a Real Estate Manager, a position I held for six years, both in Charlotte and the Twin Cities.  I found this to be an excellent opportunity to gain retail real estate experience and exposure to dozens of retail markets throughout the country to complement my background in retail market planning and analysis.

Currently, I operate my own commercial real estate brokerage, Terrager Corporation, with a focus on location consulting for developers and retailers.

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Student Profile: Erik Schwegler, Commercial Real Estate Lender

Tuesday, October 4th, 2011

Erik SchweglerWhat is your educational background and professional experience?

My undergraduate degree is in accounting from Minnesota State University, Mankato.  After my second year at Mankato, I was looking for summer job and was fortunate to have the opportunity to intern for Northland Financial Company (NorthMarq). Although I had some knowledge of real estate, I had never thought that I would go into real estate as a profession.  After the positive experience with the summer internship I realized I wanted to work in real estate and set my goals along this path.  The following summer I again interned for Northland Financial and upon graduation was hired as a full time credit analyst.  I was promoted to loan producer in 1998. In 2000, I took a loan officer position at Associated Bank and was promoted to Regional Manager of the Real Estate Group in 2003.  In 2006, I was hired as Vice President of Commercial Real Estate for Crown Bank. Currently, my focus is on monitoring the loan portfolio, workouts, restructuring, and new lending.

As I look back over my career to date, I am really fortunate – I’ve had great bosses and clients as mentors who have given me the opportunity to succeed and given me tremendous real world experience.

Why did you choose the MSRE program at UST?

I actually started the MBA program at St. Thomas in 1996 and completed eight classes; however, when I took the job at Associated Bank, lending was very busy and I decided to take a break from school to focus on building the real estate group at Associated.

After being away from the MBA program for about 10 years I was involved in a lengthy lawsuit related to a loan.  This lawsuit affected me in a pretty significant way due to some very unethical actions by the borrowers.  The combination of this lawsuit and the overall real estate market decline motivated me to search for a way to reinvent and revitalize myself.

One day I ran into Mr. Herb Tousley in the downtown skyway and we discussed his new role as Director of the MS-Real Estate program, at that moment I decided I was going to go back to school.  Ironically, the first class I took at UST was the required Ethics class.

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Student Profile: Dan Deckas

Sunday, September 25th, 2011

deckaspicWith an undergraduate degree in policy, planning, and development from the University of Southern California and now, completing his MSRE degree in just a year and a half, Dan Deckas is well on his way to becoming a commercial real estate expert and obtaining his ideal position in asset management.

What is your educational background and professional experience?

I graduated from Edina High School in 2006 then attended the University of Southern California.  It was too good an opportunity to pass up!  My undergraduate degree is in Policy, Planning, and Development with an emphasis on real estate development.  After graduating from USD in May 2010, I decided to pursue the MSRE at St. Thomas, and I’m currently in my second semester.  I’m taking 4 classes at a time in order to finish the program in three semesters.

Currently, I’m also interning 20 hours per week with Presidium Asset Solutions.  It’s a 3rd party commercial loan servicer and asset management firm.  We are looking to buy participations right now, so I conduct the financial analysis, trying to determine how much we can offer.  If the banks are pessimistic about the future of an asset, we look at buying the loans at a discount.  If banks need the cash, we make an offer to them.  I figure in the carry costs, assuming a best case and worst case scenario, either sale proceeds or collecting from the guarantor.  In addition to working with spreadsheets to analyze capital stack and returns, part of my job entails talking to lawyers, brokers, and other key players.

Why did you choose the MSRE program at UST?

I chose St. Thomas because it’s a good school and is the only school in Minnesota with a Master’s in Real Estate.  The facilities are second to none.  There’s also a very strong St. Thomas network around the Twin Cities.

My undergraduate degree didn’t provide enough of a quantitative background, which is what I need in order to excel in the industry, so I decided to enroll.  It proved to be a great decision because I got an internship right away through the school.  Susie Eckstein, the program advisor, told me about the opportunity when we were discussing my career path.

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Welcome new MSRE students

Friday, September 9th, 2011

This fall the University of St. Thomas welcomes eight new Master of Science in Real Estate students to the program.  Congratulations on taking the next step in your real estate career!students

Jason Anderson
Marc Basara
Thomas Campbell
Catherine Davies
James Garry
Mohammed Ismail
Suzanne Marshall
Melissa Mueller

The new students represent a variety of specialties in real estate including brokerage, construction management, property management, development, acquisitions, and lending.  Welcome to the program and good luck with your first semester!