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10/21/2015 News from the Colvin Institute of Real Estate Development
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ULI Fall Meeting
Benjamin H. Hobbs
The Colvin Institute Newsletter October 2015
ULI Fall Meeting in San Francisco This year's ULI Fall Meeting took placein San Francisco from October 58. TheColvin Institute supported three studentsto attend: Travis Wierengo, LauraBurns, and Jingjing Liu, with on theground support from MRED AssistantDirector, Tanya Bansal. ColvinAdvisor, Bill Bonstra ofBonstra/Haresign Architects hosted thegroup for drinks and dinner one evening,and ULI provided many networkingopportunities as well as an outstandingseries of educational sessions
documented by the students. UMD was represented in the main hall bya "huge" banner of the Hines 2015 winning team from UMD. Congratsagain to Sebastian Dern and Dan MorenoHolt, the two MRED andMRED/MARCH members of that team. The conference kicked off with a day full of tours that brought thestudents and staff up close and personal with some of the cutting edgeprojects under way in the San Francisco Bay Area. In betweenattending informative sessions and even a key note address fromformer US Secretary of State Condoleezza Rice, the MRED studentsran an informational booth for the Colvin Institute. Many of the sessionsfocused on how tech and innovation from Silicon Valley is, and will be, affecting real estate moving forward. The head of Google real estatediscussed the kinds of amenities Google is looking for to support a very large workforce in the Bay area and the need for more affordablehousing.
Alumni Highlight: Ben Hobbs
MRED Alum (May '15) Benjamin H.Hobbs was one of the two first placewinners this last Spring where heproposed a grocery store within a fooddesert in a historic area of Baltimore.Ben was savvy with his incorporation ofhistoric and new market tax credits tocreate a feasible project. Whilereflecting on his experiences within theMRED program he gave one piece ofadvice to students, "You must be OK
with someone not liking your idea. There will always be hurdles and atough skin is necessary. However, a good developer is able to conveytheir vision effectively, addressing concerns, while promoting aneconomically feasible and socially beneficial project." During his second semester of the MRED program Ben startedworking with the The Dominion Group, a Baltimorebased real estatedeveloper focused in repositioning and refurbishing older homes inviable neighborhoods. The Dominion Group is a member of the ColvinInstitute Council of Advisors. Ben is now an Economic DevelopmentOfficer, at the Baltimore Development Corporation where he is
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10/21/2015 News from the Colvin Institute of Real Estate Development
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Catherine Inniss
Peter Shapiro
responsible for working with businesses, real estate developers, andcity leaders in the economic development and revitalization of BaltimoreCity. Tasks include project management, financial analysis, andfacilitating public and private partnerships in a wide range of commercialprojects.
Fall 2015 New Student Highlight Catherine Inniss is one of the Fall 2015incoming students to the MRED program. Shereceived her Bachelors of Science in Sociologyfrom University of Texas in 2001, followed by aM.B.A. in 2013. She has been involved in thereal estate industry since 2001, and currentlyworks for Keller Williams Capital Propertieswhere she specializes in residential home salesand first time home buyer educational classes. She is currently on the board of a RotaryInternational Club, and a member of HAND.Her future goal is to manage an establishedwomanowned development company doing
great work within the DC/Metro community. She believes affordablehousing is key to successful communities. Her long term goal is towork with emancipated youths by training them to live independentlyand going on to become home owners. She is thrilled to be advancingher goals by pursuing her MRED degree at UMD.
Faculty Profile: Peter Shapiro Meet Peter Shapiro, returning to campus,as an adjunct faculty member for theGraduate Programs in Real EstateDevelopment. He is teaching theLeadership and Negotiations class. He is anAlumni of the University of Maryland andreceived his formal education in the Collegeof Behavioral and Social Sciences in AfricanAmerican Studies, where he was therecipient of the Harry S. TrumanScholarship. Currently, Peter is the Executive Directorof the Revenue Authority for Prince
George's County where he is a part of the county executive economicdevelopment team. Peter oversees the economic development financeagency where he deals directly in investment, development, andbonding for PGC communities. He has also been a part of economicdevelopment from the public side through the practice of remodelingcommunities, development, and commitment to creating new jobs. Peter is a member of the Advisory Board for ULI DC, an ANCCommissioner for DC, and sits on the board for a nonprofitorganization that recycles building materials called CommunityForklift. While serving on the PGC council for six years Peter wasdirectly involved in the process of neighborhood revitalization where helearned by doing the process of real estate development, saw the valuein good development, and most importantly saw the need for wellplanned development for a community. Most of his professional career he has taught public leadership, buthis interest in real estate development stems from wanting to be a partof the personal development of students. His goal is to challengestudents to use the skill of selfawareness to look at their own behavior
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in a more complex way by studying group behavior in all of itsirrationality, but most importantly being a supportive instructor duringthe learning process. Peter is excited to be part of a programthat emphasizes the equal importance of teaching technical as well aspersonal skills coupled with giving students real world experiences andconnections with professionals in the industry.
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