In Leading Voices’ inaugural “back to school” episode, Matt interviews Sam Chandan, the Larry & Klara Silverstein Chair and Academic Dean of NYU’s Schack Institute of Real Estate, one of the largest real estate graduate and undergraduate programs globally. In a wide-ranging conversation, Sam shares the value of an education in real estate and how it prepares future leaders for their careers in the multi-disciplinary business of real estate. In the episode, they discuss the complex issues addressing our industry, including climate change, urbanization, social equity, diversity in leadership, and public health issues. Sam provides a framework on how our industry can cultivate the next generation of leaders through educational programs, mentorship, and other opportunities, and how his personal relationship to establishing the Real Estate Pride Council which provides a connective network for professionals in the built environment who identify with the LGBTQ+ community.
Beyond his role with NYU, Sam is also founder of Chandan Economics, an economic advisory and data science firm serving the institutional real estate industry, editor of Urban Epidemiology, a contributor to Forbes, and host of the Urban Lab Podcast. Sam is also chair of the Real Estate Pride Council, an association of lesbian, gay, bisexual, and transgender professionals in the global commercial real estate industry.
Sam is a Fellow of the Royal Institution of Chartered Surveyors (FRICS), the Royal Society for Public Health (FRSPH), and the Real Estate Research Institute (RERI), and an Associate Member of the American Society for Microbiology (ASM). His interdisciplinary research explores the urban epidemiology of microbial diseases and the preparedness of global cities and other systemically important urban areas in managing novel public health threats.
Sam’s commentary on commercial and residential real estate markets and the broader economy has been featured regularly in national and global press, including the Wall Street Journal, the Financial Times, CNBC, and Bloomberg. Among his recent publications, he was the lead investigator for Regulatory Design and Real Outcomes, a major study on the regulation of commercial real estate lending commissioned by the Commercial Real Estate Finance Council (CREFC).
Sam’s real estate industry-specific research focuses on commercial real estate capital markets and risk analytics, as well as long term changes in space use patterns. He presents regular updates on commercial real estate lending trends to US and global regulators, including the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (FDIC). He holds an honorary appointment as the Economist Laureate of the Real Estate Lenders Association and has served on the real estate advisory council of the Federal Reserve Bank of Atlanta.
Sam received his PhD in Applied Economics from the Wharton School and was a Doctoral Scholar in the Economics Department at Princeton University. In addition to his doctorate, he holds graduate degrees in economics and engineering and an undergraduate degree in economics, finance, and public policy. He served previously on the faculties of the Wharton School and Dartmouth College. Prior to founding Chandan Economics, Sam was Global Chief Economist and Executive Vice President at Real Capital Analytics (RCA). During his tenure as Chief Economist and Senior Vice President at Reis, he was part of the executive team that took the company public.
Sam resides between New York City, Montréal, and Upstate New York, where he is a volunteer firefighter and a member of his town’s emergency medical services corps.