The Lied Institute for Real Estate Studies seeks to advance real estate knowledge, inform business practice, and address issues that affect the real estate industry and public policy. The institute produces relevant and timely real estate research, supports educational programs in real estate economics and finance for students and professionals, and provides community outreach.
The Lied Institute was established in 1989 by the College of Business (now the Lee Business School) at the University of Nevada, Las Vegas to foster excellence in real estate education and research. The institute was endowed in 1991 through a generous gift and a challenge grant from the Ernest F. Lied Foundation Trust. Through partnerships with business and community leaders, the Lied Institute strives to improve real estate business and effective public-policy practices in Southern Nevada.
The Council of Advisors supports the institute in mentorship, career day, and community outreach. Prominent members of the real estate industry as well as the business, legal, and other communities make up the council.
The Lied Institute for Real Estate Studies collaborates with organizations to fulfill its mission to provide timely information for real estate professionals.
Our excellent and experienced faculty members include:
John Benedict has been an attorney in Las Vegas since 2007, focusing on real estate and business, balancing efforts in both litigation and transactional. Before that, he co-founded Ashworth and Benedict in Las Vegas, working with more than 1,000 clients in all aspects of law for 10 years. He is also an adjunct professor at the Lied Institute for Real Estate Studies, an opportunity to bridge the gap between the theoretical in the classroom and the practical which he sees every day.
Shawn McCoy is an Urban and Environmental Economist in the Department of Economics. He teaches graduate and undergraduate courses in statistics, econometrics, real estate finance and mortgage banking and also serves as faculty advisor for the Real Estate Club.
Ralph Murphy has 40 years of experience in commercial real estate acquisitions and dispositions, development, construction and asset management. He is currently Director of Real Estate Development with Nevada HAND, the largest developer and manager of affordable properties in Nevada, and he teaches a capstone course in Real Estate Development for the Lied Institute.
Dr. Vivek Sah
Dr. Vivek Sah is the Director of the Lied Institute of Real Estate Studies in the Lee Business School. He teaches undergraduate and graduate courses in real estate finance, commercial real estate investments, real estate valuation and real estate market analysis.