AREA Donates to U of A Business School

A commitment of $500,000 for real estate education by the Alberta Real Estate Association (AREA) continues to build on the foundation created by the Stan Melton Chair in Real Estate. AREA was pleased to present the first of five installments to Kyle Murray, Director of the School of Retailing, during their visit to campus on November 2.

“We’re excited to support the Stan Melton Chair in Real Estate,” says Madeline Sarafinchan, President-Elect of the Alberta Real Estate Association. “Recognizing real estate as an important area of business specialization aligns with AREA’s goals of advancing excellence within the industry.”

The University of Alberta recently announced Professor David Dale-Johnson as the Stan Melton Chair in Real Estate, linking the Chair with a respected and successful family business, Melcor Developments, and the Melton family. David, previously the Director of the Real Estate Program at the University of Southern California, is focusing on the School’s expansion of the real estate curriculum offered to business students.

Paul McElhone, Executive Director of the School of Retailing said, “The creation of the Melton Chair in Real Estate recognized the importance of real estate as a discipline within our student curriculum and the value of connecting students to career opportunities in the real estate industry. We greatly appreciate the significant support of AREA in helping us broaden our scope.”

The Alberta Real Estate Association (AREA) is a not-for-profit professional organization with a membership of more than 10,000 REALTORS® and 11 real estate boards province-wide. AREA and its members are committed to advancing industry excellence and, in doing so, enhancing the quality of life of Albertans.

The University of Alberta School of Retailing, housed within the Alberta School of Business, focuses on educating business students to become successful in retail-related careers and advancing retailing by building stronger relationships among businesses, students, and the academic community. “The expansion into the real estate area is pioneering a new approach to real estate education and is helping meet the demand of both industry and students. We are pleased to be part of offering leading-edge curriculum and research in this regard” shared Interim Dean Tom Scott.