The real estate industry has played an outsized role in the economy of Southern California since before California became a state in 1850. And since its inception in 1920, the USC Marshall School of Business has supplied the region with real estate professionals, including entrepreneurs, financiers, accountants and business executives. As Los Angeles has evolved into a truly international city and an important gateway to the Pacific Rim, it continues to bring domestic and foreign investments to its shores, and the demand for leaders in the real estate field continues to grow.
In the spring of 2014, international real estate executive and USC Trustee William J. McMorrow made a substantial gift to the USC Marshall School of Business to establish a global real estate program.
The William J. McMorrow Global Real Estate Initiative will dramatically strengthen USC Marshall's role in training the leaders of the real estate industry by supporting curricula, student mentoring and networking, and industry speaker events.
“The McMorrow Global Real Estate Initiative will be a vital forum for thought leadership that attracts prominent faculty and trains the next generation of visionaries in the field,” said James G. Ellis, dean of the USC Marshall School of Business. “The gift is a natural fit for a university so rooted in Southern California, which has always been a hub of real estate innovation.”