University of Michigan Receives $10 Million for Real Estate Center

University of Michigan Receives $10 Million for Real Estate Center

The University of Michigan has announced a $10 million gift from board member and alumnus Ronald Weiser ('66) to launch a center dedicated to real estate in its Stephen M. Ross School of Business.

The Weiser Center for Real Estate will serve as a center of excellence where students can learn from seasoned real estate professionals, apply their knowledge in practice, and prepare for careers in the increasingly complex real estate field. To that end, the center will offer undergraduate and graduate courses on real estate finance, real estate law, real estate investing, and asset and property management, as well as sustainable development. In collaboration with the A. Alfred Taubman College of Architecture and Urban Planning, the center also will work to develop the university’s existing real estate certificate program and create a new undergraduate minor in real estate.

A graduate of the U-M Ross School of Business, Ron Weiser is a former ambassador to Slovakia and founder of Ann Arbor-based real estate investment company McKinley, Inc. His wife, Eileen, is an alumna of the U-M School of Music, Theatre & Dance and a former executive director of the McKinley Foundation. The Weisers have committed a total of more than $100 million in support of the university's three campuses, including a $10 million gift in 2018 to establish a diplomacy center and a $50 million gift in 2014, which included $25 million for the Weiser Center for Emerging Democracies.

"The Weiser Center for Real Estate will transform the real estate offerings at Ross and the university," said Scott DeRue, the Edward J. Frey Dean of Business and Stephen M. Ross Professor of Business at Michigan Ross, "by providing students with practical training, supporting applied research and thought leadership, and serving as a catalyst for interdisciplinary collaboration at Michigan and beyond."

"$10M Gift From Ron Weiser to Fund New Real Estate Center at U-M." University of Michigan Press Release 02/20/2020.