Tony Talbert
Professor of Practice in Risk Management
Executive Director of Borrelli Institute for Real Estate Studies
After a 25-year career in investment banking and investing in commercial real estate, Tony joined Penn State to advance the Borrelli Institute for Real Estate Studies by connecting students, faculty, alumni, and industry professionals in a dynamic ecosystem that drives career success and innovation.
Education
MBA in Real Estate, Columbia University, 2024-06-01 BS in Industrial Engineering, Penn State University, Engineering, 1999-05-01
Courses Taught
REST 880 – DEVELOP & ANALYSIS
This course exposes students to the real estate development process, emphasizing property analysis and deal execution, as well as marketing, management, zoning, and financing. Course lectures will include a variety of speakers that will cover various aspects of the development process. Material covered in their presentations will be critical to successful completion of the semester research project.The course will include discussions and presentations of development types including, but not limited to Office, Retail, Hotel, Residential, and Warehouse/industrial. Students will work in groups on a semester project to select a site, conduct research, and prepare an appropriate development plan. The project development plan will include a market analysis, project design (including construction costs and preliminary design), and a cash flow pro forma (including financing) to demonstrate the projects feasibility.
REST 894 – Capstone Experience
Enrollment in the course requires concurrent enrollment in REST 880 and matriculation in the Master of Real Estate degree program. During the course, students will analyze an existing or proposed development project. In development teams, students will conduct a thorough analysis on the strengths and weaknesses of the project while considering other factors, such as financial viability, market demand, political requirements, social needs, and physical and environmental constraints. In addition, students may visit existing real estate projects and meet with principal participants in order to conduct an analysis and critique of the strength and weaknesses of the project and apply that knowledge to their final development analysis.
RM 297 – Special Topics
Formal courses given infrequently to explore, in depth, a comparatively narrow subject which may be topical or of special interest.
RM 497 – Special Topics
Formal courses given infrequently to explore, in depth, a comparatively narrow subject which may be topical or of special interest.