David Geltner is the Director of the MIT Center for Real Estate, as well as the George Macomber Professor and Professor of Real Estate Finance in the Department of Urban Studies & Planning (DUSP). As Director, Dr. Geltner shares responsibility for the overall planning and management of the Center, and heads MIT’s Master of Science in Real Estate Development (MSRED) program.
Formerly the REEAC Professor of Real Estate in the College of Business Administration at the University of Cincinnati, Dr. Geltner has been teaching graduate level real estate investments and finance since 1989. His current research focuses on real estate investment performance measurement and the related areas of asset valuation and private asset market functioning.
Dr. Geltner has served since 1999 as the External Academic Member of the Real Estate Investment Committee of the State Teachers Retirement System of Ohio (a pension plan sponsor with over $6 billion of directly managed real estate holdings). He also serves as the Academic Advisor to the National Council of Real Estate Investment Fiduciaries (NCREIF), and serves on the advisory board of Perennial Capital Advisors LLC.
Dr. Geltner received his Ph.D. in 1989 from the Massachusetts Institute of Technology, in the Civil Engineering Department in the field of infrastructure finance and economics. He also has degrees in urban studies from Carnegie-Mellon University and the University of Michigan. Dr Geltner served a research appointment from 1998-2004 as a Visiting Professor in the Department of Land Management of the Faculty of Urban and Regional Science at the University of Reading (England). Dr Geltner is an Academic Fellow of the Urban Land Institute (2004-2007), a Fellow of the Homer Hoyt Institute, and a Fellow of the Royal Institution of Chartered Surveyors.
From 1994-99, Dr. Geltner was a Managing Editor of Real Estate Finance, and from 2000-2003 he was a co-editor of Real Estate Economics (the leading academic real estate journal and the official journal of the American Real Estate & Urban Economics Association). Dr Geltner also serves on the editorial boards of the Journal of Real Estate Finance & Economics, the Journal of Real Estate Research, and the Journal of Property Research. From 1994-2000, he served on the Advisory Board and Board of Directors of the Real Estate Research Institute, where he is now a RERI Fellow.
Dr. Geltner has published extensively in leading academic journals in the area of real estate economics, investment analysis, and performance measurement. Dr Geltner is co-author of Commercial Real Estate Analysis & Investments, a new graduate-level real estate investments textbook published by South-Western College Publishing Company.
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