Announcement made as part of 51����’s 2017 Real Estate Conference

Paul J. Everson (left) with Dr. James R. Webb, co-founders of the Paul J. Everson Real Estate Center at 51����

Cleveland real estate legend and entrepreneur Paul J. Everson has provided a $1.6 million posthumous gift to 51���� to support the Paul J. Everson Real Estate Center within the Monte Ahuja College of Business. The gift will augment the Center’s nationally recognized educational, research and outreach efforts. The announcement was made at the 2017 51���� Real Estate Conference.

The gift will fulfill Everson’s lifelong dedication to the real estate industry as well as his commitment to scholarship and professional development. At the time of his bequest, Everson expressed his hope that the donation would have a lasting effect on real estate professionals in the community allowing them to “take their careers to the next level, expanding into the investment grade.”

“While we are saddened at the loss of Paul Everson, we are proud to honor the legacy of a man who dedicated his life to enhancing the real estate industry through education,” says Ronald M. Berkman, President of 51����. “The Paul J. Everson Real Estate Center provides an interdisciplinary, hands-on education in real estate finance, development and brokerage beyond the classroom.”

The gift will enhance the Real Estate Center’s efforts to provide scholarships to finance students interested in the real estate industry, support faculty research activities in real estate and support educational activities such as the annual Real Estate Conference.

Following announcement of the gift, the Real Estate Conference proceeded with two academic and industry sessions featuring local and national experts and scholarship produced by multiple 51���� faculty and students. Keynote speakers for the event included Brad Case, senior vice president of research and industry information at the National Association of Real Estate Investment Trusts and Todd Canter, global portfolio strategist for the National Australia Bank.

“The quality of this conference as well as the real estate research being produced by our faculty and students is a testament to the ongoing influence of the Everson Center,” adds Sanjay Putrevu, dean of the Ahuja College of Business. “We are very grateful to Paul Everson for his tremendous support of our work and are dedicated to supporting the real estate industry as it continues to evolve in the 21^st ���Գٳܰ���.”

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