Faculty research provides new perspectives on industry challenges, energizes curriculum development, prompts compelling case study creation, and influences policy decisions and solutions.

Our research focuses on understanding the determinants of commercial property capital expenditure decisions, on constructing price indices for illiquid assets (commercial and residential real estate), and modeling spatial and temporal variations in house prices.

Our faculty frequently partner with distinguished industry professionals who bring relevant, real-time experience to the classroom setting. Lecturers include experts in the areas of architecture, development, engineering, and law.

Research Faculty

Asaf Bernstein

Associate ProfessorÌý| Co-Director of CFDMÌý

PhD, MIT

Research interests: housing markets, climate change risks, mortgages, household finance

Stephen Billings

Associate ProfessorÌý| Global Real Estate Capital Markets Chair

PhD, ¶¶ÒõÂÃÐÐÉä Boulder

Research interests: urban economics, neighborhoods, schools, crime, housing markets, climate change risks, institutional investors

Assistant Professor

PhD, Paris School of Economics

Research interests: housing markets, climate change risks, delinquencies and foreclosures, insurance markets, household finance

Ryan Lewis

Assistant Professor

PhD, London Business School

Research interests: housing markets, climate change risks, insurance markets, household finance

Jaehee Song

Assistant Professor

PhD, Yale University

Research interests: urban economics, zoning regulation, transportation, discrimination in real estate markets

Christophe Spaenjers

Associate ProfessorÌý| MSRE Faculty Director | ¶¶ÒõÂÃÐÐÉäREC Research Director

PhD, Tilburg University

Research interests: commercial real estate markets, housing markets, institutional investors, return measurement, mortgages, household finance