Columbia Business School (CBS) announced this week that is has named Christopher Mayer, the Paul Milstein Professor of Real Estate and director of the school’s Paul Milstein Center for Real Estate since 2003, to serve as its next senior vice dean. Among his other responsibilities, the senior vice dean is heavily involved in the recruitment of new faculty members.
“Chris has built a stellar reputation as a scholar and practitioner through his extensive teaching and research in real estate,” Dean Glenn Hubbard said in a statement. “As both a faculty member who consistently earns high teaching ratings and director of the Paul Milstein Center for Real Estate, he possesses a deep understanding of student interests and needs.”
An expert on real estate cycles, capital markets, housing, mortgages and debt securitization, Mayer has served as a visiting scholar at the Federal Reserve Board from 2007 to 2008.
In assuming the position of senior vice dean, Mayer succeeds Paul Glasserman, the Jack R. Anderson Professor of Business, who has served in the position since 2004. Mayer will continue his involvement with the Milstein Center as both research director and vice chair of its advisory board.
Replacing Mayer as director of the Milstein Center will be Lynne Sagalyn, the Earle W. Kazis and Benjamin Schore Professor of Real Estate. Sagalyn, an expert in real estate equity securities and public-private development finance, is the author of more than 70 real estate cases and served as the center’s inaugural director, so she is already quite familiar to many in the CBS community.
