Excerpt from Poets & Quants
-- "New York University’s Stern School of Business is acknowledged to be one of the top B-schools for real estate management studies in the United States. Today (September 7) it announced a major investment that it hopes will reinforce that distinction for many years to come.
NYU Stern has received $20 million to establish the Chao-Hon Chen Institute for Global Real Estate Finance, the largest-ever gift to an institute in school history. The gift from alumnus and Stern Executive Board member Charles C.Y. Chen will support initiatives in areas disrupting real estate as well as global expansion in research, industry engagement, and immersive learning for students, the school said in an announcement. There will also be scholarships for undergraduate and MBA students."