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USC Lusk Center for Real Estate Names Economist Richard Green as Director

May 20, 2008
  • Renowned scholar has directed nationally recognized real estate programs at leading universities

LOS ANGELES -- The University of Southern California Lusk Center for Real Estate has named noted real estate economist Richard K. Green, Ph.D. as director and Lusk Chair in Real Estate. Green has been director of the Center for Real Estate and Urban Studies at George Washington University in Washington D.C. since 2004. The former economist with the Federal Home Loan Mortgage Corporation (Freddie Mac) also was chair of Real Estate and Urban Land Economics at the University of Wisconsin, Madison.

Jack Knott, Dean of the USC School of Policy, Planning, and Development said, "Dr. Green's distinguished work reaches across disciplines and sectors, allowing for the kind of comprehensive and innovative approaches to research and education that the Lusk Center was founded to pursue. I am confident that under Dr. Green's leadership, the USC Lusk Center for Real Estate will further cement its position as the pre-eminent real estate research institute in the United States."

"We are very pleased that Richard Green will be joining the USC Lusk Center," said USC Marshall School of Business Dean James G. Ellis. "As recent events in the national economy have shown, real estate and land use issues and policy have the power to significantly affect our society and the nation's competitive position. Dr. Green's distinguished record of scholarship, public service, and teaching will bring a strong new presence to the world-class group of scholars already here at USC," he added.

According to Stan Ross, chair of the Lusk Board of Directors, "Dr. Green will be instrumental in further enhancing USC's stature as an internationally recognized real estate research center and a leading resource for the local real estate community."

"The Lusk Center has done a superior job of supporting the real estate industry for over 20 years with its academic research, international symposia, regional seminars and, most importantly, by training hundreds of the industry's leaders who continue to endorse our work," said Green. "The university's strong commitment to real estate as an academic discipline, its cadre of real estate scholars and the vibrant Southern California region are an attractive combination," added Green who was also named professor in the USC School of Policy, Planning and Development and the Marshall School of Business.

Green has published widely on housing, tax policy, transportation, mortgage finance and urban development, and is past president of the American Real Estate and Urban Economics Association. He received a bachelor's degree from Harvard University and a master's and Ph.D. in economics from the University of Wisconsin, Madison. A native of Wisconsin, Green is well acquainted with Los Angeles having traveled here regularly to visit family members over the past 20 years.