People and places: August 2024

The W. P. Carey Foundation's recent $25 million gift to ASU will support the business school through real estate education.

In this story published Aug. 14, 2024, on AACSB Insights:

The W. P. Carey Foundation and ASU's W. P. Carey School of Business are partnering to expand the scope, strength, and reach of the school's real estate programs. The foundation recently committed an additional $25 million to ASU, bringing the W. P. Carey Foundation's lifetime commitment to more than $100 million. The funding will support the launch of an undergraduate real estate degree program, beginning in 2025, and will establish the W. P. Carey Center for Real Estate and Finance through naming and expansion. The new center will include an experiential learning lab devoted to real estate. The new commitment also establishes the W. P. Carey Distinguished Chair in Real Estate and Finance to serve as the center's academic director and an executive director role in the newly named center.