Brian (Tony) Ciochetti

Tony Ciochetti is the Thomas G Eastman Chair and Chairman of the MIT Centre for Real Estate. His primary responsibilities at MIT are to enhance the Centre’s mission of improving the global built environment through industry relevant research and to promote more informed professional practice. He is involved in teaching topics related to real estate finance and development. Prior to his appointment at MIT, Dr Ciochetti was the Director of the Centre for Real Estate Development and a Professor of Finance at the University of North Carolina in Chapel Hill.

Dr Ciochetti is also a visiting Professor in the Department of Land Economy at Cambridge University in England. Professor Ciochetti’s teaching areas of expertise include Commercial Real Estate Development and Real Estate Finance. He has created or taught course in these areas 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 securitisation for both industry and academic organisations.

Dr Ciochetti’s research interests lie in two broad areas: commercial mortgage credit risk, and the role of real estate within pension plan portfolios. His work has appeared in leading scholarly journals, including Real Estate Economics, the Journal of Real Estate Finance and Economics, and the Journal of Real Estate Research. Dr Ciochetti’s is currently the President of the Real Estate Research Institute, where he is also an academic fellow, and serves on the Board of Directors of Real Estate Economics. He also serves on the editorial and advisory boards of Real Estate Finance and CMBS World. He regularly consults on behalf of investment banks, rating agencies, institutional clients and development companies. Prior to his academic career, Dr Ciochetti spent 12 years in the private sector in the areas of commercial real estate development and consulting.

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.