2016-17 Catalog

Murray H. Goodman Center for Real Estate Studies

Rauch Business Center, 621 Taylor Street; 610-758-4786

Stephen F. Thode, DBA, Director

The Murray H. Goodman Center for Real Estate Studies was established in 1988 through a major gift from Murray H. Goodman, ‘48. The center is a self-supporting, interdisciplinary unit of the College of Business and Economics. The center provides financial support and other assistance for courses in real estate and real estate finance, supports scholarly research in real estate, and sponsors joint activities with practitioners in the real estate field.

Educational Opportunities

The center provides resources for the teaching of graduate and undergraduate courses in real estate, real estate finance, and ire@l (Integrated Real Estate at Lehigh). ire@l is a three- to four-year course of study open to all undergraduate students at Lehigh.

The ire@l curriculum consists of:

Core Courses
IPRE 001Introductory Seminar in Real Estate3
IPRE 002Field Laboratory2
IPRE 301Case Studies in Real Estate Value Creation3
IPRE 347Practicum in Real Estate I2
IPRE 348Practicum in Real Estate II2
IPRE 302IPRE Internship (mandatory summer internship)1
Optional Courses
IPRE 101Real Estate Practicum Clerkship I1
IPRE 102Real Estate Practicum Clerkship II1
Additional Courses
FIN 336Real Estate Finance3
GBUS 425Real Estate Financing and Investing3

In addition, the center sponsors a continuing series of seminars and presentations by real estate executives and practitioners through the ire@l program. As part of the ire@l program, the center also serves as a clearinghouse for students seeking internships, externships and job shadow opportunities with real estate firms and related companies.

Research Activities

Consistent with the university’s encouragement of scholarly research, the center provides funding for faculty research in the real estate area. Funding possibilities include: summer faculty research grants; travel, telephone and administrative support; and grants for part-time graduate assistants. The center also maintains a file of sponsored research opportunities available through private foundations, government agencies and practitioner organizations and provides administrative support to faculty applying for such funding.

Practitioner Interaction

The third aspect of the center’s activities is its interaction with practitioners in the real estate field. The increased emphasis on continuing education and research among real estate practitioner organizations, as well as Lehigh’s proximity to major real estate markets, enable the center to engage the practitioner community in a variety of joint projects. These joint projects include:

  1. sponsored research projects;
  2. continuing education programs and short courses;
  3. special conferences and events of national and/or regional interest; and,
  4. center-sponsored databases and continuing activities of interest to the practitioner community.

For more information, write to Dr. Stephen F. Thode, Director, Murray H. Goodman Center for Real Estate Studies, Rauch Business Center, Lehigh University, 621 Taylor Street, Bethlehem, PA 18015, or call (610) 758-4786 or email inrealgc@lehigh.edu.