The 17th Annual ARES Meeting

Citation

(2000), "The 17th Annual ARES Meeting", Journal of Property Investment & Finance, Vol. 18 No. 6. https://doi.org/10.1108/jpif.2000.11218fac.005

The 17th Annual ARES Meeting

The 17th Annual ARES Meeting

April 18-21, 2001Coeur D'Alene, Idaho

The 17th Annual Meeting of the American Real Estate Society (ARES) will be held at the luxurious, lakeside Coeur d'Alene Resort in beautiful Northern Idaho, easily accessible by air through the nearby Spokane, Washington Airport.

The ARES Annual Meetings each year bring together the academic and professional real estate "thought leaders" throughout the world to exchange ideas. The meetings provide a supportive forum for presenting new research, discussing current issues and learning about new trends across a broad spectrum of real estate related topics. Interesting and informative discussions traditionally accompany ARES paper presentation sessions and panels frequently draw heavily upon leading real estate industry practitioners. Real estate topics often attracting papers and significant interest at past ARES Annual Meetings include valuation, investment and portfolio management (both domestic and international), REITs, derivatives, securitization, risk management, senior housing, corporate real estate, development, brokerage, finance, cycles, internet and other technologies, land use, asset/property management, environmental issues, research methodologies, education, retail, industrial, office and apartments.

In addition to the idea exchange and networking opportunities available at the ARES Annual Meeting, a wide variety of recreational and social opportunities will also be available. In addition to the fine dining, resort spa services, shopping, scenic driving, hiking, walking, snow skiing, boating and sea plane excursion opportunities, early arrival ARES attendees will be able to play the award-winning golf course at half-price from 14-18 April, 2001. Coeur d'Alene Resort's renowned golf course, with one of its holes actually floating on the clear waters of beautiful Lake Coeur d'Alene, was selected by Golf Digest in 1992 as America's Most Beautiful Resort Course. (The resort itself was voted Top Mainland Resort by the readers of Conde Nast Traveler in 1990.) Special ARES room rates during this period range from $160/night for two in a delux tower mini-suite with spectacular lake or mountain views to only $89/night for a limited number of economy rooms. To book your room, call the hotel directly at 800 688 5253 (Fax: 208 6672707) by 1 March, 2001.

For additional information about the 17th Annual ARES Meeting, please contact:

Chris Manning, ARES 2001 Program ChairmanCollege of Business AdministrationLoyola Marymount UniversityTel: 310-541-0353; Fax: 310-377-4335E-mail: cmanning@lmumail.lmu.edu

Website: http://www.ARESnet.org

Abstracts for proposed papers and panels are due by 15 November, 2000.

For ease of program participation, these along with the meeting registration form and fee, should be sent to:

Theron Nelson, ARES Secretary/TreasurerCollege of Business and Public AdministrationUniversity of North DakotaP.O. Box 7120Grand Forks, ND 58202-7120

ARES panel session, 2000 meeting

Gender differences - Does it matter in real estate?

The session started with the Chairman, Karen Sieracki, saying, yes, there were differences. The panel would discuss these in the context of research undertaken and the myths that exist. Real estate is a residual of technology, the economy and human behaviour. Management issues are important and’one needs to look at emotional intelligence, its application and implementation. There are different functions within organisations that require specific skill sets. It is important to determine the skill sets available within an organisation. The session then went on to explore these issues with particular focus on living and working in an information-based society.

Karen Gibler said that studies have shown that men were faster, more instinctive decision makers. Men were also shown to have greater self confidence and control in decision making. However, these studies were based on freshmen students so arguably there are biases in the work. Women want to gather information, discuss areas with the people affected and are interested in the decision making process itself. Women want greater time to consider in depth the options and then to make conclusions. If women do take longer to make a decision, how does this impact on the bottom line in terms of efficiency? It was concluded that there were different leadership styles in business cultures.

Elaine Worzala maintained that there are different communication styles between men and women. Women usually favoured the consensus model in decision making. Moreover, one needed to be aware of body language differences and how they informed the individuals on perceptions and attitudes of the participants. She pointed out that a disconnection existed between the owners of capital (predominantly men) and consumers of the buildings (mostly women). It provided a good example of gender differences.

Virginia Gibson concentrated on the role of team and consensus building and why she considered this was so important in constructing a successful organisation. Leadership and emotional quotient were also critical issues. Organisation can either encourage everyone to be like everyone else or nourish the differences. Women are usually employed in the "mothering" role which is research/support/advisory/planning. Women have different goals for job satisfaction than men. Companies need to look at the various segmentations and specialisations and to assess the range of resources available to meet their goals.

It was concluded that there was a need for management models to incorporate new working methods and technology. Women can excel in this environment where multi-tasking and multi-objectives seem increasingly to be coming to the fore.

Editor's note - To read more about gender differences and management styles why not register for a FREE today trial to Women in Management Review at URL http://www.mcb.co.uk/wimr.htm