CU-Boulder Real Estate Center Names Bill Reynolds Person Of The Year

September 25, 1997

Editors Note: Reynolds is unaware that he is being honored at the awards dinner. We request that you not spoil the surprise.

Bill Reynolds, owner of the W.W. Reynolds Cos. in Boulder, will be named the University of Colorado Real Estate Council's Person of the Year Thursday night, Sept. 25, at an awards banquet at the Hyatt Regency-Downtown Denver.

Reynolds, a longtime Boulder County real estate developer, is responsible for projects including the Pearl East Business Park, Westwood Condominiums, and the Table Mesa and Sunrise shopping centers.

Members of his family -- wife, Jane; mother, Ruth; daughter, Hillary Whiton; and son, Forrest - will surprise Reynolds at the Real Estate Center Conference dinner.

"Bill is a blessing to his community because his high energy level is translated into quality projects that residents can enjoy for years to come," said Real Estate Center Director Byron Koste.

Criteria for the award include a proven dedication to the real estate and development profession, involvement in educational projects and a commitment to the future of the industry.

Former recipients of the Person of the Year award are Philip Milstein, Walter Koelbel, Bill Moore and Rodney Slifer.

University of Colorado at Boulder Real Estate Center

September 1997

• A group of University of Colorado alumni formed the CU Real Estate Council in 1992 in response to a perceived need for a graduate real estate program in the Rocky Mountain region. The Real Estate Council now has 143 members who have funded the Center for 5 years at $1.6 million.

• As of this year, students at CU can receive an MBA in real estate. Undergraduate students can work toward a certificate in real estate. Eventually, that certificate will allow students to sit for their broker's license exam.

• Several CU-Boulder faculty teach in the program:

Ron Melicher - finance

David Frame - real estate finance and investments

Jay Balentine - real estate law

Rick Woodruff of W.W. Reynolds Cos. - development and principles

• The multi-discipline program includes courses in the colleges of engineering, architecture and planning, and law.

• Council members offer paid internships to real estate students and foster relationships as mentors.

• Byron Koste, director, is the former president of Westinghouse Communities, headquartered in Naples, Fla.

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