Stephen Blank

Biography: Stephen R. Blank Senior Fellow, Finance Urban Land Institute Business Experience: 1998-present Urban Land Institute-Senior Fellow. Responsible for assisting the Urban Land Institute, a non-profit education and research institute which studies land use and real estate development policy and practice. In expanding its' real estate capital markets information and education programs, participating in ULI's conferences on finance, assisting in the preparation of the finance section of ULI's annual real estate forecast, researching and writing papers on finance issues; and participating at ULI events and industry related meetings and seminars. 1998-present Columbia University Graduate School of Business-professor, real estate. 1993-1998 CIBC Oppenheimer Corporation-managing director. Senior officer responsible for the firm's Real Estate Investment Banking Group. Responsibilities included: structuring, underwriting, and executing corporate financings including initial public offerings of common shares, perpetual preferred shares, and convertible bonds; property acquisitions, dispositions, and financing; and financial advisory transactions including mergers and acquisitions. Education: MBA-Finance Concentration, Adelphi University, Sept. 1967-Aug. 1971; BA-History, Syracuse University, Sept. 1963-May 1967. Affiliations: Urban Land Institute-member; Counselors of Real Estate-member; National Association of Real Estate Investment Trusts-member.