Center for Real Estate on target to reach $4 million goal

The Center for Real Estate at UNC Charlotte is moving closer to reaching its $4 million fundraising campaign goal.

Campaign co-chairs Fred Klein, senior managing partner at Childress Klein Properties, and Todd Mansfield, chairman and CEO of Crosland LLC, recently announced $325,000 in new commitments.

The law firms of K&L Gates and Parker Poe Adams & Bernstein LLP each contributed $100,000 to the campaign.

Other donors include:

  • - Merrifield Partners
  • - Faison Enterprises
  • - National Association of Industrial & Office Properties (NAIOP) Charlotte
  • - Beacon Properties
  • - Chandler Concrete Co., Inc.
  • - Dr. Richard Buttimer
  • - SunTrust Carolinas Group Foundation, Inc.
  • - Ron Hinson

Graduates of the real estate program have contributed an additional $11,600 for a scholarship in the Belk College of Business at UNC Charlotte.

"It is extremely gratifying that, in spite of the current economic uncertainty, the Charlotte business community acknowledges the valueof the Center for Real Estate at UNC Charlotte," said Klein. "The funds raised through this campaign will allow the Center to not only continue to meet the needs of the industry locally, but to become a resource on a national scale as well."

Klein and Mansfield expect the Center for Real Estateto surpass its campaign goal in the next few weeks.

Donors committed more than $3.2 million during the quiet phase of the campaign, which was officially launched in May. Five corporations have contributed $500,000 each: Bissell,Childress Klein Properties, Crosland, American Asset Corporation andThe Wachovia Foundation.

The Center for Real Estate at UNC Charlotte was founded in 2005 to develop academic and research programs to support the fast-growing real estate industry in Charlotte. The Center has three areas of focus: curriculum, research and service. Steven Ott, the John Crosland Sr. distinguished professor of real estate and development in the Belk College of Business, serves as director.