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Marshall Bennett Institute of Real Estate: Leadership

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From the Director’s Desk - Spring 2017

As we approach the end of the Fall 2017 semester, I am proud of all that was accomplished by the Institute and its students during the year.

Our team was the champion of the 2017 HEEF Midwest Real Estate competition and the program is preparing to launch a new team for the 2018 competition as part of the Spring Semester

After completing a very successful Gala in November, where we honored the Lifetime Leadership of Pat FitzGerald and recognized Jon DeVries for his foundational leadership of the Institute with the announcement of the Jon DeVries Endowed Scholarship for Urban Economics, we are now planning for the 2018 Fogelson Forum, which will be held in April 2018. More details on that will be forthcoming shortly.

Congratulations to all of our MSRE and MBA/RE students who will be graduating in a few weeks. We are looking forward to seeing your careers blossom and we hope that you will stay connected to the Institute as you move forward.

We are now accepting applications for the MSRE and MBA/RE students for Spring 2018 and Fall 2018.  Please contact me, Michael Conwell ( or Latosha McKinney ( if you wish to find out more about the program, including scholarship opportunities.

The Institute’s program for providing memberships for students interested in industry organizations continues to grow.  More than 30 student memberships have been funded for 2017/2018 in IREM, ULI, CoreNet Global, USGBC, ICSC, and NAIOP. 

For the Spring 2018 semester, we will be offering a Special Topics class, Sustainable Urbanism, which promises to bring a new perspective on urban development. For the Summer 2018 session, in addition to the Real Estate Law course, REES461 – Project and Construction Management will be offered. We are fully expecting to accept our first students into the undergraduate BSBA-Real Estate degree program in Fall 2018.

Happy Holidays and Best Wishes for a Wonderful 2018.

Best Regards,

Collete English Dixon
Executive Director, Marshall Bennett Institute of Real Estate

Advisory Board


Marshall Bennett
Marshall Bennett Enterprises

Gerald Fogelson
Fogelson Properties, Inc.
 Anthony Pasquinelli
Executive Vice President
BnA Homes

Members Company


Patrick FitzGerald
FitzGerald Associates Architects
Joseph Pasquinelli 
Archideas, Inc.

Executive Committee

Dominic J. Adducci
Principal and Co-Head Development and Construction
The John Buck Company, LLC
Garry Benson 
Managing Director
ARO Off-Site Solutions LLC
James B. Connor
Chairman & Chief Executive Officer
Duke Realty
Louis D'Angelo 
Metropolitan Properties of Chicago LLC 
J. Michael Drew
Structured Development LLC
Ross Glickman
President / CEO
Capri Retail Advisors, LLC
Christopher Groesbeck
VOA now Stantec
Harry Huzenis
Executive Vice President 
JRG Capital Partners
John R. Joyce
Roetzel & Andress
Larry Mayer
Larry Mayer & Company
Michelle C. Panovich
Principal / SVP
Mid-America Asset Management, Inc.
Hipolito (Paul) Roldan
Hispanic Housing Development Corporation
Gregory T. Warsek 
Senior Vice President / Chicago Market Manager
Associated Bank
Felicia Yonter
Director, Commercial Services
Chicago Association of REALTORS

Advisory Board Members

Bruce J. Adreani
Norwood Builders
Ben Bischmann
Vice President
Jones Lang LaSalle
Carmen Pilar Caldero
CPC y Asociados
John G. Caruso
Kirkland & Ellis LLP 
Angela Castellani, PhD
Senior Managing Director
Ferguson Partners
Pierre C. Cowart
Executive Vice President
Leopardo Companies, Inc.
Yolanda M. Daniel  
Stephanie Draughon
Managing Partner, Business Development
Review, LLC
Property Tax Valuations & Appeals
Rob Ferrino
Madison Construction
Michael George
Cushman & Wakefield of Illinois, Inc.
Arathi Gowda, AIA, AICP, LEED AP BD+C 
Associate Director
Skidmore, Owings & Merrill LLP 
James P. Grusecki
Chairman / CEO
Northern Builders, Inc.
Celeste Hammond
Professor / Director, Center for Real Estate Law
John Marshall Law School
Dennis Harder
Consultant / Teacher
D. A. Harder & Company /
Roosevelt University 
Nasutsa M. Mabwa
ServiceMaster By Simons
Frank A. Martinez
La Unica Realty Advisors, LLC
John H. Mays
Managing Partner
Gould & Ratner LLP
Clayton McCaffery
Managing Director of Development and Leasing
McCaffery Interests, Inc
Thomas J. Meier
Vice-President / Director of Sales
Chicago Title Insurance Company
John A. Murphy, CMI
Popp Hutcheson, PLLC
Mary Nack, CRS, GRI, PMN
Broker Associate
Sotheby's International Realty
Joseph Neverauskas
Senior Vice-President
EQUUS Capital Partners, Ltd. 
John R. Newman Retired LaSalle Bank
Thomas B. O'Brien
Vice President 
Henry Bros. Co. 
David J. Pezza
Pircher, Nichols & Meeks
David. M. Rubin
Senior Managing Director, Capital Markets
MB Financial Bank, NA
Leo Solarte
Managing Partner
Greenstone Partners
Jonathan J. Stein
Inland Real Estate Commercial Brokerage, Inc.
Randel S. Waites
Principal / Property Management
Avison Young
Leon I. Walker 
Managing Partner
DL3 Realty, L.P.
Matthew A. Ward
Senior Managing Director
Newmark Grubb Knight Frank
Joseph Wisniewski
Deloitte Tax LLP
Goldie B. Wolfe Miller
Millbrook Corporate Real Estate Services


Asghar Sabbaghi
Dean, Heller College of Business
Professor of Finance and Information Systems

Heller College of Business
Roosevelt University
Collete English Dixon
Executive Director, Marshall Bennett Institute of Real Estate
Heller College of Business
Roosevelt University
Latosha L. McKinney
Institute Coordinator 
Marshall Bennett Institute of Real Estate.
Heller College of Business
Roosevelt University 

Real Estate Faculty 

Dr. Thomas W. Hamilton, MAI, CRE, FRICS, CDEI
Associate Professor of Real Estate 
Gerald W. Fogelson Distinguished Chair  
Marshall Bennett Institute of Real Estate
Heller College of Business
Roosevelt University
Dr. David L. Funk, CRE
Associate Professor of Real Estate
Pasquinelli Family Distinguished Chair

Marshall Bennett Institute of Real Estate
Heller College of Business
Roosevelt University
Dr. Henry Silverman
Associate Professor of Finance
Marshall Bennett Institute of Real Estate
Heller College of Business
Roosevelt University
Marshall Bennett, Founder

Marshall Bennett, president, Marshall Bennett Enterprises, is a visionary in real estate development and one of the inventors of the modern industrial park. He founded the Marshall Bennett Institute of Real Estate, along with Gerald Fogelson and Tony Pasquinelli at Roosevelt University in 2002. The Institute is dedicated to fostering education and innovation in real estate through business, social responsibility and community development.

Born in 1921 on the south side of Chicago, Bennett has had a life-long commitment to philanthropy in the arts, medicine, culture, and diplomacy and has supported both civic and global endeavors including the Clinton Foundation; the East-West Institute; the Weizmann Institute and the Albert Einstein Peace Prize Foundation.

Bennett is considered a pioneer in real estate, having been one of the most productive corporate and industrial real estate developers of the postwar period as co-founder and partner of Bennett & Kahnweiler. He is also considered to be one of the most influential people in building relationships that promote large real estate transactions in the U.S. as demonstrated by the Marshall Bennett Classic, an exclusive annual round-table type gathering of top real estate industry professionals who share ideas, trends and insights.

Bennett received his BA degree from University of Chicago. He then attended the Wharton School of Business and Finance in Philadelphia for a year in the M.B.A. Program. And later, he attended graduate studies at the University of Chicago.

After serving in the Navy and a brief stint with Hart and Whetson, Bennett formed a partnership with friend Louis Kahnweiler, known as the firm Bennett & Kahnweiler in 1949. 

Bennett and Kahnweiler (now part of Colliers International) became one of Chicago's oldest corporate real estate firms with broad-based expertise in industrial and office brokerage, development, investment and consulting. The team’s first comprehensive planned industrial district was O’Hare Industrial Park in 1954.  Recognizing the value and potential of the surrounding area, Bennett discovered Centex (for Central Texas) Construction Company which was looking to buy property.

Backed partially by funding by longtime friend Jay Pritzker, the companies created the 2,200 acre Centex Industrial Park in Elk Grove Village in 1957 through 1973.

Bennett & Kahnweiler went on to develop more than 26 state-of-the-art industrial and office parks in Denver, St. Louis, Milwaukee, San Francisco, Atlanta, Southern California, Georgia, Masachusetts as well as many other major sites in Chicago.

In addition to his work in real estate, Marshall Bennett has had a significant impact in the fields of medicine, science, the arts and global initiatives.

His work includes his service as a Life Trustee of the Northshore Medical Group (formerly Evanston Northwestern Healthcare System) where he founded the Arlene and Marshall Bennett Chair in Neurosurgery.

Other donations include the Arlene & Marshall Bennett Research Laboratory in Adolescent Psychiatry, Michael Reese Hospital and the Bennett/Pritzker Department of Women’s Health, Weizmann Institute, Rehovot, Israel.

He is a Trustee on the Weizmann Institute, Rehovot Israel and has served as Chairman of the Chicago Chapter.  He has served as director for the East-West Institute, an international non-profit organization focusing on international conflict resolution and has worked with the Clinton Foundation.

A longtime supporter of the arts, he is  a Life Trustee of the Chicago Symphony Orchestra where he established the Principal Second Chair, Violin Chicago Symphony Orchestra; and the Ravinia Festival Association, where he co-established the Bennett Gordon Concert Hall for student performances.

Awards include:

  • Urban Land Institute Lifetime Achievement Award, University of Chicago - 2008
  • Lifetime Achievement Award, National Association of Industrial/Office Parks
  • Hall of Fame Award – Chicago Board of Realtors – 1989
  • Torch of Hope Award, Albert Einstein Peace Prize Foundation - 1984
  • "Man of the Year" by the National Association of Industrial and Office Properties – 1979
  • Honorary Chairman, Alexian Brothers Hospital
  • Honorary Member, Lamda Alpha National Land Economic Society
  • Honorary Director, Bank of Highland Park
  • Co-Chairman, National Football League Players Banquet, 1982, ‘83 and ‘85

On April 3, 2014, Roosevelt University dedicated “Lifescape: A Video Portrait of Marshall Bennett” at the school’s Heller College of Business and the Marshall Bennett Institute of Real Estate, (MBIRE) Wabash Building, 425 S. Wabash, Chicago. The installation is open to students, faculty and the general public daily.

The installation was produced by Bennett’s daughter, author Bija Bennett, and features a film directed by noted video artist Lincoln Schatz with music recorded by cellist Ken Olsen of the Chicago Symphony Orchestra.


The Marshall Bennett Institute of Real Estate gratefully acknowledges the generous and ongoing support of its donors:

Gold Level

  • Fifield

Bronze Level

  • Chicago Title Insurance Company
  • Duke Realty
  • KIG

Friend Level

  • The John Buck Company
  • Ferguson Partners
  • Kirkland and Ellis, LLP
  • McLaurin Development Partners
  • Pasquinelli Family Foundation
  • ServiceMaster

Contributor Level

  • K Giles LLC  
  • Larry Mayer & Company
  • Yolanda Daniels