FACULTY
Chairperson
Gyourko, Joseph E.
Professors
Gyourko, Joseph E.
Linneman, Peter D.
Phillips, Georgette C.
Wachter, Susan M.
Associate Professor
Sinai, Todd
Assistant Professors
Bucchianeri, Grace Wong
Ferreira, Fernando V.
Saiz, Albert
Wong, Maisy
Faculty With Secondary Appointments in the Department
Wharton Faculty
Inman, Robert (Finance)
Pack, Janet R. (Business and Public Policy)
University Faculty
Knoll, Michael
Madden, Janice F.
Rybczynski, Witold
Affiliated Faculty
Chandan, Sameer
Lane, Robert
Nakahara, Asuka
Voith, Richard
Emeritus Faculty
Guttentag, Jack M.
Summers, Anita A.
Real Estate
The real estate industry has a profound economic impact on every country in the world. The industry influences global business — understanding and effectively using real estate can be a key driver for success.
Given real estate's pervasive impact on public and business sectors, its study plays an important role in understanding concepts and issues to make crucial business decisions and create effective public policy. Wharton's Real Estate Department seeks to produce sophisticated professionals with the necessary skills to succeed in the business world while having a broader perspective on the issues involved in creating and maintaining living and working environments. Relevant issues that department faculty examine include finance, investments, production, operations, development law, design, environmental remediation, public policy, economic market analysis, and architecture.
Academic Programs
U.S. News and World Report has repeatedly ranked Wharton's real estate MBA program as the top in the nation.
The Real Estate Department offers concentrations in real estate at three levels:
Required courses focus on real estate law, finance, and development, while electives allow students to explore a variety of issues related to the industry. The department has developed curricula at the undergraduate and master's levels that thoroughly explore important areas of the practice of real estate and expose students to the frontiers of research.
Research
The department is closely involved with the Samuel Zell and Robert Lurie Real Estate Center, conducting research in critical issues affecting all aspects of the industry. Major areas of faculty research focus include:
- Housing policy
- Local public finance and urban economics
- The financial performance of commercial real estate
- The impact of global restrictions on urban areas
- Racial disparities in home loan mortgage markets
- Homeownership affordability
- New financial vehicles for real estate companies
- Equity REIT analysis



