Adjunct Associate Professor of Public Administration
Joseph F. Reilly joined The Community Development Trust (CDT) in August of 2007 as President and Chief Executive Officer. Mr. Reilly joined CDT following an 18 year career at JPMorgan Chase where he was Chase's National Manager for Community Development Real Estate (CDRE). Under his management, CDRE's staff of 70 professionals provided more than $4 billion in financing for affordable housing and community development projects across the United States. Prior to joining Chase, Mr. Reilly spent six years with the New York City Department of Housing Preservation and Development (HPD), where he held several positions, including two years as the Director of HPD's Vacant Building Program. He began his career in community development in 1978 as a community organizer for the Northwest Bronx Community and Clergy Coalition. Mr. Reilly has served on the board of CDT since its inception in 1999 and also serves on the board of The Raza Development Fund. He has previously served on the boards of Enterprise Community Investments and the Low Income Investment Fund and is a former President of the board of Neighborhood Housing Services of New York City. He received his BBA from Iona College in 2003 and currently serves as Adjunct Professor for Real Estate Finance at New York University.
Real Estate Finance
The course introduces students to the basic tools of real estate analysis and finance. Topics include methods of evaluating real property, market research, the role of the real estate capital markets and the real estate development process. The course will also explore the role that both federal and local governments play in the community development process. Affordable housing and community development financing will be a significant component of the course. A variety of real estate asset classes (housing, office and retail) will be used as vehicles in exploring the real estate development cycle. The course will consist of a mix of lectures, problem sets, and case studies which will enhance the understanding of the basic real estate investment analysis. Throughout the course, students will be expected to stay abreast of current real estate and economic trends. The relevance of the current economic environment as it pertains to the course material will be discussed at each class.