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Roosevelt University Real Estate Gala to be held Nov. 7

Posted: 08/28/2013

On November 7,  C. Michelle Panovich, principal and executive vice-president, Mid-America Asset Management, Inc.,  will receive the Lifetime Industry Leadership Award at the 12th annual Real Estate Gala hosted by the Marshall Bennett Institute of Real Estate at Roosevelt University.
Christopher G. Kennedy, chairman of Joseph P. Kennedy Enterprises, will keynote the event which draws more than 400 attendees annually and benefits Roosevelt’s real estate program.

A senior operating partner with Mid-America Asset Management, Inc., Panovich has more than 30 years of experience in real estate construction, development and management. She is responsible for the portfolio of properties managed by the company throughout the Midwest and has directed the redevelopment of Brickyard Mall in Chicago and now Deerbrook Mall in Deerfield as s well as retail revitalization efforts in downtown LaGrange and Park Ridge.

“Michelle’s leadership and contributions to the profession, community and our school have been significant,” said Jon B. DeVries, director of Roosevelt’s Marshall Bennett Institute of Real Estate. “In addition to heading up the leading retail management organization in the Midwest, she has served on the Advisory Board of the Marshall Bennett Institute at Roosevelt University since its inception and is a role model for our graduates. Most recently, she launched the Panovich Opportunity Fund for Real Estate Education, which will provide scholarship funds for students with financial needs and support a range of activities through the Institute to insure student academic and professional success.

Kennedy is responsible for the development of the Kennedy Family’s real estate holdings in Chicago known as Wolf Point.  Kennedy also served as president of Merchandise Mart Properties Inc. from October 2000 until July 2011.  Kennedy also is the founder and chairman of Top Box Foods, a non-profit, hunger-relief organization, a member of the Board of Trustees for Ariel Investments Mutual Fund, chair of the Nominating and Governance Committee of Interface, Inc., and chair of the Finance Committee for The Chicago Community Trust.

The gala will be held at the Four Seasons Hotel, 120 E. Delaware Place, Chicago, starting at 5:30 p.m.  Each year the gala is the premier real estate networking event of the year in Chicago with over 400 industry leaders in attendance. The event provides over half of the Institute's annual operating budget as well as support for named funds and scholarships.

Since its founding in 2002, the Marshall Bennett Institute of Real Estate has grown to become one of the largest graduate real estate programs in the country and one of the most diverse. When it was created, the institute had 25 people in its initial class.  Today it has 50 enrolled students and more than 270 graduates, many of whom work at Chicago firms. The institute offers a master of business administration degree with a concentration in real estate as well as a master of science in real estate.

 Gala tickets are $500 per person. To register, please visit or call Latosha McKinney at 312-281-3269.  Tables can be purchased for $5,000, $10,000 and higher.  For more information on tables and sponsorships, please call Lauren Chill at 312.341-3849 or email her at
Roosevelt University, a national leader in educating socially conscious citizens, is a private, student-centered university with 6,300 students studying at comprehensive campuses in the Chicago Loop and northwest suburban Schaumburg and online. Founded on the principles of inclusion and social justice, Roosevelt offers academic programs in arts and sciences, business, performing arts, education and pharmacy. For more information, visit