Tony Ciochetti, Ph.D.

Dr. Tony Ciochetti is the E.J. Burke Jr. Chair, and Executive Director of the Embrey Real Estate Finance and Development Programs at the Carlos Alvarez College of Business. Dr. Ciochetti came to UTSA from the Massachusetts Institute of Technology, where he was the Thomas G. Eastman Chair and Chairman of the Center for Real Estate. Prior to his appointment at MIT, Dr. Ciochetti was a professor of Finance and served as the director of the Center for Real Estate Development at the University of North Carolina in Chapel Hill. Dr. Ciochetti received his B.A. in Finance from the University of Oregon, and both his M.S. and Ph.D. in Real Estate and Urban Land Economics from the University of Wisconsin-Madison. Prior to his academic career, Dr. Ciochetti spent nearly a decade in the areas of commercial real estate development and consulting.

Dr. Ciochetti is active in international real estate education, and has taught frequently in Asia, Africa, Europe and the Middle East. He assisted in creating a new graduate program in real estate finance and development at Cambridge University and was a Senior Visiting Professor there for six years. He has created or taught courses in real estate finance and development at MIT, University of Pennsylvania, Cambridge University, University of Wisconsin-Madison, Indiana University and the University of North Carolina-Chapel Hill. Dr. Ciochetti also teaches executive courses on topics such as real estate development, portfolio and asset management and asset securitization for both industry and academic organizations. His research has appeared in leading scholarly journals including Review of Financial Studies, Real Estate Economics, the Journal of Real Estate Finance and Economics and the Journal of Real Estate Research.

Dr. Ciochetti is the former president of the Real Estate Research Institute, where he is also an academic fellow, and current Advisory Board member. He has also served on the Board of Directors of Real Estate Economics, the Real Estate Research Institute, and Real Estate Finance. He regularly consults on behalf of investment banks, rating agencies, institutional clients and development companies and is an active board member on a number of commercial real estate companies both domestically and internationally.

Publications