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Fresno State Real Estate Center Endowed

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  • Fresno State Real Estate Center Endowed

    FRESNO STATE REAL ESTATE CENTER ENDOWED

    Central Valley Business Times, CA
    Nov 13 2006

    ~U $1.5M gift establishes center

    ~U Research, ethical standards highlighted

    California State University, Fresno announced Monday a gift to create
    a $1.5 million endowment which will be used to establish the Arnold
    and Dianne Gazarian Real Estate Center in the Craig School of Business.

    Arnold Gazarian, a retired dentist, is a member of the California
    State University, Fresno Foundation Board of Governors. Dianne Gazarian
    serves as chair of the Berberian & Gazarian Family Foundation.

    "We hope that this gift will assist the university in making it a
    leader in educating real estate professionals, conducting real-world
    research and promoting high ethical standards," says Mr. Gazarian,
    in written comments. "We also hope that the center will bring together
    members of the real estate community to discuss issues of importance
    to the industry."

    The money enables Fresno State to create a center that will support
    the Craig School's Real Estate and Urban Land Economics option and
    major for students as well as the expansion of research by faculty
    and graduate students. The center will assess trends in commercial
    retail, office, residential and investment markets; analyze land
    use planning; and conduct research in such areas as single- and
    multi-family residential housing, commercial real estate and real
    estate financial assets.

    In addition, the Gazarian Center will sponsor conferences, seminars
    and workshops in real estate and land use.

    The Gazarians have made previous gifts to the university including
    gifts to the President's Fund, Smittcamp Alumni House, the Haig and
    Isabel Berberian endowed chair in Armenian Studies, the Craig School
    of Business and the Kremen School of Education and Human Development.

    "This generous gift will position the Gazarian Real Estate Center as an
    academic leader in real estate market analysis and research and will
    help to further the university's goal of helping the economy grow,"
    says John Welty, president of Fresno State.

    The Gazarian Real Estate Center will also provide students
    opportunities to learn the business side of real estate and apply
    their academic knowledge to real-world projects and experiences. The
    real estate business community will gain a valuable informational
    resource relating to the greater Fresno metropolitan area and Central
    Valley region, as well as access to student interns and potential
    future employees.

    From: Emil Lazarian | Ararat NewsPress
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