On Thursday, September 14th, the University of Wisconsin Real Estate Club had its first meeting of the 2017-18 school year. The University of Wisconsin has the oldest undergraduate and graduate Real Estate programs in the Country with the Real Estate Club, established back in 1970. As one of the largest student-run organizations on campus, the meeting did not disappoint, with over 200 attendees. A unique part of the Real Estate Club is the dynamic participation of undergraduates, MBA students, as well as Global Real Estate Masters (GREM) students. The meeting began with a networking reception, offering club members a chance to reconnect after the long summer, purchase Wisconsin Real Estate Club apparel, and fill up on provided food and beverages. Club Co-Presidents Grady Capobianco, Fordy Gates and Treasurer Vince Moita kicked off the meeting with updates on the state of the club and introduced guest speaker Daniel Van Voorhis, of Continental Communities.
Mr. Van Voorhis is Co-Founder of Continental Communities, a privately-held company that owns, operates, and manages high-quality manufactured housing communities. Continental Communities owns and manages over 50 quality communities throughout the US with the majority in Wisconsin. Manufactured homes are small, single-family dwellings within a community and are an affordable housing alternative. Mr. Van Voorhis discussed how the industry has evolved over the past 25 years and what the market looks like today. Homes are typically occupant-owned or rented, while the land is owned by Continental Communities with a subsidiary managing the communities. In recent years large capital has entered the manufactured housing community arena but the sector continues to have an optimistic forecast. The discussion was very interactive as several members had constructive questions and observations.
The Real Estate Club has several fun events and trips planned for the semester, featuring a Real Estate Executive Panel discussion, a Club trip to Dallas, and other distinguished speakers from Real Estate. A very unique opportunity in December will be a joint Real Estate Club – Graaskamp On the Road event in Chicago. Tom Ricketts and Crane Kenney of the Chicago Cubs will be presented with the Graaskamp Center Building Communities Award for their development contributions and community involvement. This event will offer great networking opportunities and programming while taking place at nostalgic Wrigley Field.