This week, Dr. Mark Eppli, Professor of Finance and the Robert
B. Bell, Sr., Chair in Real Estate at Marquette University, guest lectured in
Dr. David Krause’s Alternative Investments course. Krause said, “It was a pleasure having Dr.
Eppli join us for three lectures on real estate as an alternative investment
class. He is truly among the most knowledgeable in the nation on this topic.”
Krause continued, “Mark did a very thorough job discussing
the advantages and disadvantages of real estate investment. He went into detail
describing the characteristics of real estate investments. Besides going in depth with the financial mechanics
of multi-family unit and commercial real estate investment, he also covered
portfolio related topics (i.e. low volatility, liquidity, pricing, leverage and
tax implications). He also worked through monthly and annual pro forma cash flow
models.”
“Dr. Eppli also discussed some of the disadvantages of real
estate investing which include high minimum initial cost, low liquidity, and
the complexity of evaluating each individual investment,” Krause added. “I really
appreciate Mark’s time – and I know the students benefited greatly. He’s always
a student favorite in the classroom.”
Mark Eppli is a Professor of Finance and the Bell Chair in
Real Estate at Marquette University. Professor Eppli is widely published in a
range of commercial real estate topics and is coauthor of the bestselling real
estate development text in the nation. Prior to obtaining his doctorate, he
worked in commercial real estate for PM Realty Advisors and GE Capital. He has
served as a consultant to a number of finance, real estate, and government
entities. Professor Eppli received awards from Greater Washington Urban League
and the Urban Land Institute for his efforts to attract minorities to the real
estate profession. In January 2012, Professor Eppli was appointed independent
board member for the Federal Home Loan Bank of Chicago. He holds a Ph.D. from
the University of Wisconsin, in Real Estate and Urban Land Economics.
Hi professional interests include shopping center economics,
single-family house pricing, commercial mortgage default, new urbanism, smart
growth, and commercial real estate development.
He has been widely published including his text: Real Estate
Development: Principles and Process, fourth edition, Washington, DC: Urban Land
Institute (2007), coauthors Mike E. Miles, Gayle L. Berens, and Marc A. Weiss; and Valuing the New Urbanism, Washington, DC: Urban Land Institute (1999), co-author
Charles C. Tu.
Mark was a Research Fellow with the Urban Land Institute
from 2004-2010. A board member with the Real
Estate Research Institute from 2005-present. He is also a current board member
of the Local Initiatives Support Corporation – Milwaukee.
Dr. Krause concluded, "Mark Eppli is a special professor within the College of Business. We are very fortunate to have him at Marquette. Thanks, Mark, the students and I appreciate your knowledge and insights."
Dr. Krause concluded, "Mark Eppli is a special professor within the College of Business. We are very fortunate to have him at Marquette. Thanks, Mark, the students and I appreciate your knowledge and insights."