Peter Linneman
Encyclopedia
Dr. Peter Linneman is the principal of Linneman Associates, the CEO and founder of American Land Fund and KL Realty, and the chief economist of NAI Global. He previously served as the Albert Sussman Professor of Real Estate, Finance, and Public Policy at the Wharton School
of the University of Pennsylvania
in Philadelphia
, Pennsylvania
, retiring in December 2010. Linneman served as the founding chairman of Wharton's Real Estate Department, and was the Director of Wharton's Samuel Zell and Robert Lurie Real Estate Center for 13 years. He is also the founding co-editor of The Wharton Real Estate Review. Linneman has also been named one of the 100 Most Powerful People in New York Real Estate according to The New York Observer and one of the 25 Most Influential People in Commercial Real Estate by Realtor Magazine.
, Ohio
and attended Lima Central Catholic High School
. He received his bachelor's degree in economics from Ashland University
in 1973 and went on to obtain his masters (1976) and Ph.D. (1977) in Economics at the University of Chicago
, where he began his teaching career. In his early career, Linneman began doing litigation support work in the field of anti-trust economics, and by the mid 1980s had begun focusing on commercial real estate. He has served on several public company boards, including serving on the Executive Committee of Equity Office Properties, and was chairman of Rockefeller Center Properties
, successfully negotiating the foreclosure of its previous owners and its subsequent sale in the mid 1990s. He subsequently founded the Linneman Letter in 2001, a widely-subscribed quarterly commercial real estate publication. He has been married to Kathy Linneman since 1973, with no children.
.
Wharton School of the University of Pennsylvania
The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States...
of the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
in Philadelphia
Philadelphia, Pennsylvania
Philadelphia is the largest city in the Commonwealth of Pennsylvania and the county seat of Philadelphia County, with which it is coterminous. The city is located in the Northeastern United States along the Delaware and Schuylkill rivers. It is the fifth-most-populous city in the United States,...
, Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
, retiring in December 2010. Linneman served as the founding chairman of Wharton's Real Estate Department, and was the Director of Wharton's Samuel Zell and Robert Lurie Real Estate Center for 13 years. He is also the founding co-editor of The Wharton Real Estate Review. Linneman has also been named one of the 100 Most Powerful People in New York Real Estate according to The New York Observer and one of the 25 Most Influential People in Commercial Real Estate by Realtor Magazine.
Biography
Linneman grew up in LimaLima, Ohio
Lima is a city in and the county seat of Allen County, Ohio, United States. The municipality is located in northwestern Ohio along Interstate 75 approximately north of Dayton and south-southwest of Toledo....
, Ohio
Ohio
Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...
and attended Lima Central Catholic High School
Lima Central Catholic High School
Lima Central Catholic High School is located in Lima Ohio. LCC, short for Lima Central Catholic, is a private, parochial school with the capacity to hold over six-hundred and fifty students. Enrollment has remained around four-hundred students for a number of years. It is part of the Roman...
. He received his bachelor's degree in economics from Ashland University
Ashland University
Ashland University is a mid-sized, private, non-profit university that is located in Ashland, Ohio.The University offers 73 undergraduate majors and nine pre-professional programs. The majors include toxicology/environmental science and entrepreneurship, which are unusual for an institution of its...
in 1973 and went on to obtain his masters (1976) and Ph.D. (1977) in Economics at the University of Chicago
University of Chicago
The University of Chicago is a private research university in Chicago, Illinois, USA. It was founded by the American Baptist Education Society with a donation from oil magnate and philanthropist John D. Rockefeller and incorporated in 1890...
, where he began his teaching career. In his early career, Linneman began doing litigation support work in the field of anti-trust economics, and by the mid 1980s had begun focusing on commercial real estate. He has served on several public company boards, including serving on the Executive Committee of Equity Office Properties, and was chairman of Rockefeller Center Properties
Rockefeller Center
Rockefeller Center is a complex of 19 commercial buildings covering between 48th and 51st streets in New York City, United States. Built by the Rockefeller family, it is located in the center of Midtown Manhattan, spanning the area between Fifth Avenue and Sixth Avenue. It was declared a National...
, successfully negotiating the foreclosure of its previous owners and its subsequent sale in the mid 1990s. He subsequently founded the Linneman Letter in 2001, a widely-subscribed quarterly commercial real estate publication. He has been married to Kathy Linneman since 1973, with no children.
Philanthropy
Linneman began "Save a Mind, Give a Choice", a charitable effort as part of the Lewa Conservancy Education outreach in Kenya. This program provides education to orphans and rural poverty children in the area of the Lewa Wildlife ConservancyLewa Wildlife Conservancy
The Lewa Wildlife Conservancy is located in northern Kenya. It was formed in 1995. It is a wildlife sanctuary incorporating the Ngare Ndare Forest and covering over . The Conservancy is home to a wide variety of wildlife including the rare and endangered black rhino, Grevy’s zebra and sitatunga...
.
Authored or co-authored
- Real Estate Finance & Investments: Risks and Opportunities, (2003) 1st, (2004) 2nd and (2011) 3rd editions.
- The Great Panic, Wharton Real Estate Review, Volume XIV, Spring 2010.
- Responsibility for and Performance of Corporate Real Estate Functions, Journal of Corporate Real Estate, co-authored with Hartmann, S.,Pfnur, A., Moy, D., Siperstein, B. Volume 12 (1); 7-25, (2010).
- How Should Commercial Real Estate Be Priced? Wharton Real Estate Review, Volume XII, Spring 2008, co-authored with David Rubenstein.
- The Capital Markets Disarray, Wharton Real Estate Review, Volume XI, Fall 2007.
External links
- Peter Linneman's website at the University of PennsylvaniaUniversity of PennsylvaniaThe University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
- Biography at Linneman Associates
- American Land Fund Website