Marquette Real Estate Group Joins Center for Real Estate Finance Industry Fellows Program

May 14, 2010

The Center for Real Estate Finance (CREF) at the Cornell School of Hotel Administration announced that Marquette Real Estate Group is a new member of its Industry Fellows program.

Marquette Real Estate Group is the parent company of United Properties, NorthMarq Real Estate Services, NorthMarq Capital, and RJM Construction. Together, these companies own a large portfolio of commercial real estate and provide a full range of commercial real estate services for clients, including development, brokerage, mortgage banking, property management, construction, corporate services, and investment services.

"Marquette Real Estate Group stands out as a leader in commercial real estate," said Jan deRoos, HVS International Professor of Finance and Real Estate and executive director of CREF. "We are pleased to welcome them to the Industry Fellows program."

Boyd Stofer, chairman and CEO, will represent the Minneapolis-based company at meetings of the CREF Industry Fellows. In 2008, Stofer completed a reorganization of United Properties that led to the formation of NorthMarq Real Estate Services and added NorthMarq Capital under the Marquette Real Estate Group. Under his direction, the company has developed into a diverse, market-leading real estate firm.

"Partnering with CREF will give us the opportunity to strengthen our own client services while contributing to the future of the real estate industry," said Stofer. "We are looking forward to connecting with faculty, students, and other Industry Fellows."

The CREF Industry Fellows program is the cornerstone of the center's outreach efforts. The program helps fund the annual Cornell Real Estate Case Competition, seminars on current industry topics, student travel to real estate investment conferences, as well as faculty research. The first meeting of the Industry Fellows was held in January during the Americas Lodging Investment Summit in San Diego.