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Center for Real Estate Thriving; Receives Financial Support From CB Richard Ellis
Author: Erin Malecha Arias, Office of University Communications, 503-725-3711
Posted: February 2, 2007

As the leading real estate program in Oregon, the Center for Real Estate at Portland State has just received a $50,000, ten-year commitm entfrom CB Richard Ellis.

CB Richard Ellis’s financial commitment today significantly impacts the Center’s ability to create programs that will impact the real estate community well into the future. In making this gift, CB Richard Ellis (CBRE) will join other operating fund supporters, including Wells Fargo, Ashforth Pacific, Weston Investments and the Oregon Association of Realtors, among others.

Launched three years ago at the behest of the real estate community, Portland State University’s Center for Real Estate (CRE) is now a thriving institution with three degrees offered, an annual conference and over 50 students entering the real estate workforce as trained professionals every year.

The Center strives to provide the real estate industry with talented and well-prepared graduates seeking careers in real estate; to foster innovation and creative development that enriches Portland’s reputation as an urban model; and to provide industry professionals with access to professional development and scholarly resources.

“It is with great pleasure and promise that CBRE contributes to the vision and growth of PSU's Center for Real Estate,” said Mark Fitkin, managing director at CBRE. “Not only is the Center for Real Estate a terrific enhancement to the industry at large, it greatly enhances Oregon's higher education needs for advanced learning in the field of commercial real estate. The Center for Real Estate is a wonderful asset to our community and is certain to produce a well-educated pool of talent for our economy.”

"We're thrilled to have the generous and long term support of CBRE to help us achieve our vision in the Center for Real Estate of providing the region with the next generation of industry leaders,” said Scott Dawson, dean of the School of Business Administration.

About the Center for Real Estate at Portland State
PSU's School of Business Administration and the Nohad A. Toulan School of Urban Studies and Planning have joined together to create the Center for Real Estate. The Center includes a comprehensive and interdisciplinary set of academic programs that contribute to the vitality of the real estate industry by educating students through degree and continuing-education programs, and by conducting applied and academic research. Real estate students gain valuable industry knowledge and practical experience preparing them to excel as leaders in the industry.

PSU offers three options for study in real estate: a graduate certificate in Real Estate Development, an undergraduate degree in Real Estate Finance and an undergraduate minor in Real Estate Development. The programs utilize courses that are offered by the Schools of Business Administration and Urban Studies and Planning. Courses are taught using active participation from real estate industry participants. For more information about Portland State University’s Center for Real Estate, please visit

About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), an S&P 500 company headquartered in Los Angeles, California, is the world’s largest commercial real estate services firm (in terms of 2005 revenue). With approximately 21,000 employees, the Company serves real estate owners, investors and occupiers worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; research and consulting. Please visit our Web site at

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Source: Kristin Mihalko (503-725-3766)
School of Business Administration