Los Angeles, CA (PRWEB) November 11, 2012
REMI offered its congratulations to the University of Southern California on its recent endowment to the Master of Real Estate Development degree in the Price School of Public Policy; REMI believes it will be extremely good for consumers and the real estate market in Southern California, as graduates from the program will be better experienced and well-positioned to help homeowners and the housing market in the area.
The University of Southern California, or USC, announced today a $10-million gift from David Dollinger, earmarked for the Master of Real Estate Development degree within the auspices of the Price School of Public Policy. The program is to be renamed the Dollinger Master of Real Estate Development Program. Mr. Dollinger received his Master of Real Estate Development degree (MRED) from USC in 1987, the first year that the degree was offered. Since then he has accomplished a great deal in retail and office development, marketing postcards real estate, and other related fields; Dollinger is considered by many to be a particularly eminent graduate of the MRED program at USC. Dollinger is the first alumnus of the Price School of Public Policy to endow a degree program at the institution.
The Dollinger gift is a significant step forward for the University’s recent funding campaign. Dubbed the “Campaign for the University of Southern California,” USC’s current fundraising effort aims to generate $6 billion or more in private gifts for academic programs across the university. USC intends to use funds from the Dollinger endowment to recruit additional adjunct faculty, enable student attendance at conferences and trade conventions nationwide, and cultivate a stronger alumni network through activities and outreach.
The MRED degree is considered to be interdisciplinary, bringing together real estate design, development and finance in a single academic program. The varied and diverse curriculum means that graduates of the MRED program are equipped for any type of real estate development opportunity, from suburban and office-park development to beach front vacation rentals and high-rise condo living.
The Real Estate Marketing Insider issued a statement following an announcement by the University of Southern California that they had received support to endow their Master of Real Estate Development degree program. The $10-million endowment comes from David Dollinger, a successful California-based real estate developer and alumnus of the MRED program at USC.
About the Real Estate Marketing Insider: Based out of La Jolla, CA, REMI provides real estate professionals with tips, news and analysis.