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John Durburg
Chief Executive Officer of Advisory Services, CBRE Group Inc

DePaul Real Estate Durburg Experience

🎥 Sep 14, 2017 📺 DePaul Real Estate ⏱ 1m 👁 335 views
The Real Estate Center at DePaul University honored Jack Durburg, CEO, Americas, CBRE with the Outstanding Leadership in ...
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About John Durburg

John Durburg, Chief Executive Officer of Advisory Services at CBRE, has spoken about the role his MBA from DePaul University played in his career. In a 2017 appearance, Durburg described his MBA experience at DePaul as an inflection point in his career. He stated that his real estate professors were "top-shelf" and that the program was "excellent." Durburg noted that the college's decision to locate in the South Loop, near working professionals and the businesses that employed them, made it feasible for him to walk from his office to the downtown campus. He said he could "trace back a lot to DePaul and the opportunities that the program gave to me." Durburg has also discussed the commercial real estate market in the context of CBRE's business. During a 2016 interview, he said that a lack of new construction in many cities meant the market was tight, which he described as "good for a lot of people," including owners, financiers, and service providers. He characterized the environment as a "slow growth environment but a long growth environment" and expressed the view that it would "keep running for a while." In a 2017 interview, Durburg addressed the retail sector, stating that there was "a little bit of a misconception about what's going on in retail." He said that retail was a "very healthy part of the commercial real estate sector" the previous year, with rents rising more than in office space, and that the company expected rents to increase again.

Source: AI-verified profile updated from John Durburg's recent appearances. Browse all interviews →

Transcript (1 segments)
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Narrator0:13
When it comes to real estate, DePaul has a rich history of teaching, research, and leading by example. All three have been strengthened by our long-standing connections to the business community. So Bob asked Kurt, Andy, and Kim a great question: was there an inflection point in your career that really catapulted you to success? One of those inflection points for me was the experience I had getting my MBA at DePaul. As an academic institution, it is our responsibility to raise the bar in the workplace by providing these future leaders with the education and tools they need to be successful in their respective careers. My real estate professors were top-shelf, the rest of the professors were fantastic, the program was excellent. The college set down roots in the South Loop to be near the working professionals that sought to educate and the businesses that employed them. The fact that I could walk to the downtown DePaul campus from my office actually made the whole thing feasible. So I can trace back a lot to DePaul and the opportunities the program gave to me.