Real Estate Family Business Management

Family businesses in real estate control a vast portion of the global property market and, on average, outperform and last longer than nonfamily businesses. This exciting course will be taught by Larry & Klara Silverstein Chair and Associate Dean of Schack Institute of Real Estate Marc Norman along with Simon Ziff .  Whether the focus of the business is on financing, development, construction, or any subset therein, an understanding of how to maximize revenue and keep the business afloat generation to generation is important. Learning what the characteristics are of successful family real estate businesses and how to emulate them can mean the difference between boom and bust in your own career or that of your heirs. Those who are managing or working for a family business in real estate will benefit from this course, which features case studies and guest speakers. Topics covered in this course include family versus nonfamily business characteristics, ownership and succession, conflict resolution, sibling rivalry, compensation, estate planning, and best practices and emerging trends in real estate family business management. Also, discuss financing a family-owned enterprise and attracting and retaining both family and non-family talent.

Zoom link available upon request.

Note: Registering at least two weeks prior to the start of the course date is highly recommended. Popular classes fill up quickly and more specialized classes need sufficient enrollment.

For general information about this course, please call 212-992-3336 or email sps.realestate@nyu.edu.

If you are registered for an online course and are not able to access/view your course in Brightspace, please note the following:

• It may take at least 24 hours from the time you registered for your information to be transferred into Brightspace.
• New students registering two days or LESS before the start date of the course may experience delayed access.

For additional technical support, contact the IT Service Desk (available 24/7/365) at 212-998-3333 or AskITS@nyu.edu.

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