Hugh Kelly elected 2012 2nd vice chair of The Counselors of Real Estate
Hugh Kelly, CRE, clinical associate professor of Real Estate, NYU Schack Institute of R.E., has been elected 2012 second vice chair of The Counselors of Real Estate, a role that will lead to his becoming the organization's national chair in 2014. Kelly was elected to the position at the organization's Midyear Meetings in May.
Kelly also is principal of Hugh Kelly Real Estate Economics, a private research and consulting firm based in Brooklyn, New York, established in 2001. Prior to 2001, he was chief economist for Landauer Associates, where he worked for 22 years. Kelly also serves as the president of the Board of Brooklyn Catholic Charities' affordable housing development corporation. He is a member of the American Philosophical Association, and is a Fellow at the Homer Hoyt Advanced Studies Institute. Kelly has published more than 200 articles in industry and academic journals. He is completing his doctoral dissertation on "24-Hour Cities and Real Estate Investment Performance" at the University of Northern Ireland.
Active in The Counselors of Real Estate since being invited to join in 1989, Kelly has served on various committees including ethics, bylaws and invitation, and also has served as editor in chief of the organization's premier journal, Real Estate Issues.
About The Counselors of Real Estate
The Counselors of Real Estate, established in 1953, is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide expert, objective advice on complex real property situations and land-related matters. Membership is selective, extended by invitation only. The organization's CRE (Counselor of Real Estate) credential is awarded to all members in recognition of superior problem solving ability in various areas of real estate counseling. For more information, contact The Counselors of Real Estate, 430 N. Michigan Avenue, Chicago, IL 60611; 312/329.8427; http://www.cre.org.
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Jersey City, NJ Affinius Capital and Kennedy Wilson closed on the financing for the ground-up development of Harborside 8, a multifamily project located on the waterfront. The capitalization includes $78