New program a first for Canada

THE CURRENT slump in
real estate hasn’t stopped 25
second-year MBA students
from entering the Faculty of
Administrative Studies’ new
program in Real Property
Development.

Program director James
McKellar says there couldn't
be a better time to introduce
such a program. ‘‘There is
recognition among industry
leaders that future needs can
only be met through new
educational opportunities,
increased research and col-
Jaboration between industry
and academia.

“*Few industries in the
country have a greater effect

on the overall economy than
does the development,
construction, ownership,
management, feasing and
financing of real property
improvements. Yet it is an
industry that has lacked
research and access to for~
mal education and train-
ing,”’ he adds.

The program is the first

McKellar says students will
gain the vital knowledge re-
quired to address the future
needs of the industry. In-
dustry members, who are
the major source of the
program’s financial support
for the next 10 years, wil!
work closely with the facul-
ty in research, serninars and
case studies.

COVE ROAD

MN,

DEEP COVE
LOCATION

1 year+ cid
low maintenance
2 kitchens

in Canada to deal specifical-
ly with real property devel- Founding program
opment, says McKellar, who members are: Bramalea
directed the first such pro- Ltd., Cadillac Fairview
gram in the United States,
at the Massachusetts In- opment Corp., CIBC De-
stitute of Technology from velopment Corp., Citibank
1985-90. Canada, Tororito College
Through the program’s Park Lid. and Toronto-
close alliance with industry, Dominion Bank.

THE ALEXANDERS

OCEANA PROPERTIES

EDGEMONT VILLAGE

3460 EDG EMONT BLVD. IMMADULACS FAMILY TOME

View with ESTHER and ALEX
266-1022 (office) 731-7821 (24 hrs.)

3 bdim. and den split-fevel home
in mint condition. Watch the gon-
doias on Grouse Mtn. from the
beautiful private backyard, walk to
the Village for lunch anc shopping,
send the kids to some of the best
schools in N. Van. Gorgeous hard-
woed floors, eat-in kitchen, lots of
windows framing pretty vistas, 2
A fireplaces, excellent storage, at-
¥ tached garage, numerous physicat
and mechanical! updates. All in alt
a great place to raise your family
and enjoy the comforts of ihis
prestigious neighbourhood. Of-
fered at $328,000.

OUR COMMITMENT IS TO EXCELLENCE

BLACK TUSK
REALTY LTD.

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DOROTHY SWANSON

BUS: 892.5924
RES: 898-9582

VANC. DIRECT. 689-5318
38235 CLEVELAND AVE.

BOX 477

SQUAMISH, B.C.

VON 3G0

Own your own estate
half way between Van-
couver and Whistler.
8.167 acres of very
private treed land.
iinbelievable views,
mountains, rivers, and
ocean. Over 5,000 sq.ft.
of living space.
$1,750,000

Corp. Ltd., Coscan Devel--

5 bedrooms
Great revenue

$269,900

CALL PAUL BERRETONI 984-8770 or JIM SHORT 649-7321 jf

ee Tk ae

Wes es

DOROTHY
HARGREAVES
986-9321 ~
623-5666

$28:

: WEST COAST

CONTEMPORARY
Check out the features of |
this ten-year-old home: cul- §
de-sac location, family rm. §
off the kitchen, greenbelt §
privacy at ihe rear. Add 3
bdrms., 3 bathrms. & a rec
rm. and you get value.
1233 Caledonia.

DOROTHY HARGREAVES
. 623-5866 Pgs.

CHUNICK

$: 985-0866 PGR: 623-5522

e Bright 2 bedroom comer
suite, 963 sq.ft. of living
space

© Adult oriented building 2
block to bus and shopping

° Gas fireplace/insuite
laundry

* Large wraparound balcony

¢ 201-143 East 1$th Street

e OPEN SATURDAY 1-3

® Huge 2 bedroom comer
suite

e Adult building %2 block to
shopping, library, bus &
hospital

» Large semi-ensuite
bathroom

© Large Insuite laundry room

© 2 large private baiconiss

* 203-141 West 13th Streat

* OPEN SUNDAY 7-4