“When Concordia established its real-estate curriculum it was pretty obvious that it would be a good idea for Altus to support it,” says Courteau, a donor to the Campaign for Concordia: Next-Gen. Now who helped facilitate the gift to his alma mater. “The ARGUS software that the students will use is a standard globally for commercial property valuation, investment management and portfolio management”
“We are grateful for this gift from the Altus Group that will truly benefit our students,” says Anne-Marie Croteau, dean of John Molson. “Hands-on exposure to software that is widely accepted as the industry standard will give them an edge as they enter the workforce.”
‘A huge plus’ for students
The gift from the provider of services to the global commercial real-estate industry comes a year after the Wener Centre was announced as a new hub for real-estate education and research. The centre was made possible thanks to a $10-million gift from Concordia Chancellor Jonathan Wener, BComm 71.
“The Altus Group takes tremendous pride in this partnership with Concordia University,” says Desiree Martin, a senior director of global training and support at Altus Group. “We are excited to provide new groups of students with access to our software used by more than 7,000 clients and taught in more than 250 universities and colleges worldwide.”
The courses the software will benefit, FINA 420 Real Estate Finance and MSCA 632 Special Topics in Finance (Real Estate), are taught by Erkan Yönder, Concordia’s Laurentian Bank Professor in Real Estate.
A member of the Wener Centre’s advisory board, Yönder’s realm of expertise includes real-estate finance, commercial real estate and commercial mortgages. The researcher and lecturer was trained on the ARGUS software this past June.