GSIA Real Estate Club Kickoff Meeting September 9, 2003

Agenda Why join the club? What is the Carnegie Mellon Real Estate club and why it may be the best $15 spent at GSIA Officers and Background Upcoming Events Planned Recruiting Site Visits Real Estate Classes Other Interest Areas

Agenda JOIN THE CLUB TODAY Checks to “Carnegie Mellon” for $15 or cash If you forgot checkbook, you can drop off checks with Taylor Davidson Members should send Taylor their resume ASAP to get on club website and be a part of recruiting activities

Real Estate Club Club is for students that are either: 1) Interested in learning the fundamentals of personal investing in property such as buying a house 2) Interested in a real estate or related career (i.e. banking)

Real Estate Club Real estate knowledge is necessary in every career and almost all of you will want to buy a house or invest in property There are tons of real estate related jobs regardless of economy (3 of 20 members last year received offers directly through the club) Our Dean is an icon in mortgage backed securities

Board Ted Curran: President Galen Self: Vice President Taylor Davidson: Vice President Ken Gavrity: Vice President

Events ULI Event September 18th Pittsburgh District Council Meeting City & County Cooperation with Mayor Tom Murphy & Allegheny County Executive Jim Roddey Rivers Club Pittsburgh, PA Club sponsorship of the $20 admission student fee

Events Home Buying Workshop: Kickoff Event September Prudential Real Estate, Dollar Bank, and Negotiations guru Don Moore - Mistakes made - First time home buyer options - Financing options - Working with broker, negotiating purchase

Events PNC Real Estate Finance November - Portfolio Risk Management - Regulatory issues & corporate governance at PNC - The role of the commercial bank in an industry that is increasingly impacted by capital markets and the availability of information.

Events Andrew Stewart of Silke Stewart December - How Andrew became a mini “Carleton Sheets” with properties in Pittsburgh, Tennessee, Toronto - Analyze their deal sheets on properties and things to look for when looking to speculate or buy apartment complexes

Events Dean Kenneth B Dunn January - Details on his work with Mortgage Backed Securities at GSIA, Miller Andersen, & Morgan Stanley - His insights on real estate - Q&A with Dean focusing on real estate and his professional experiences

Events Brownfield Redevelopment January - Revitalizing idle industrial sites - Information on their projects in Pittsburgh

Events Site visits December, February, March, April - Trammell Crow - CB Richard Ellis - ULI Events and any new contacts made/suggested (ongoing) - National City

Events Real Estate Technology workshop March - Review of technologies being used in Real Estate and related industries Argus JD Edwards Primavera

Recruiting Club Advisor is Ken Keeley: COC Head 2 alumni advisors: Cass Kawecki: Urban Development Authority Devon Cheshire: Trammell Crow Club Website Targeted Site visits with Recruiting Resume Packets: Very successful last year Social events Goal: As a club member, you can utilize the club to meet people and help advance your career.

Real Estate Classes Real Estate Urban Development and Demographics classes (Heinz) Undergrad Real Estate Finance Economic Design Brownfield Redevelopment course Goal: Have real estate classes in MBA program - Every top MBA program has real estate courses and/or a concentration in real estate

Other ideas for this Year Internal Real Estate case competition: Spring Real estate library Sponsorship of students to attend workshops and conferences Additional ideas

Wrap-Up JOIN THE CLUB TODAY Checks to “Carnegie Mellon for $15 of cash Drop off checks with Taylor Davidson Members should send Taylor their resume ASAP to get on club website and be a part of recruiting activities