{"id":3719,"date":"2007-10-01T12:12:00","date_gmt":"2007-10-01T16:12:00","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=3719"},"modified":"2014-11-14T16:02:30","modified_gmt":"2014-11-14T21:02:30","slug":"kenneth-d-rosen-makes-major-donation-to-jerome-bain-real-estate-institute","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2007\/10\/kenneth-d-rosen-makes-major-donation-to-jerome-bain-real-estate-institute\/","title":{"rendered":"Kenneth D. Rosen makes major donation to Jerome Bain Real Estate Institute."},"content":{"rendered":"\n\n\n
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\nKenneth D. Rosen<\/em><\/strong><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ever since the establishment of Florida International University in 1972, Kenneth D. Rosen<\/strong>, CCIM, president, Kendar Realty, Inc., dreamed of seeing a school of real estate at Modesto A. Maidique Campus. Thanks in large part to his dedication, a thriving one exists. The most recent sign of his commitment: a personal contribution of $50K to the Jerome Bain Real Estate Institute, which coordinates myriad real estate programs in the College of Business Administration, with courses taught by members of the Department of Finance and Real Estate.<\/p>\n

\u201cI knew Jerome Bain<\/strong> (MBA \u201975), and after his death, I became the chair of the Educational Foundation of the Realtor Association of Greater Miami and the Beaches (RAMB), which received $500K from his estate to donate to real estate education,\u201d said Rosen, who saw the value of giving the Bain legacy to the university that both men loved. \u201cRather than allocating small amounts to multiple institutions, I spearheaded a move to donate all the funds to the university to establish the institute that bears his name.\u201d<\/p>\n

Rosen helped secure an additional $100K, and with a 70% match from the State of Florida, the college launched the institute in 1998 with a $1.2 million endowment.<\/p>\n

\u201cWhen we wrote the contract, we included a clause that said that we could get our money back if the school didn\u2019t have enough students by a certain date,\u201d Rosen said. \u201cThe program took off well from the beginning and now is flourishing far beyond our expectations.\u201d<\/p>\n

Support takes many forms, and Rosen manifests them all.<\/em><\/p>\n

Having been instrumental in enabling the institute to come into being, Rosen continued and continues today to actively support the program with his time.<\/p>\n

\u201cHe remains one of our staunchest cheerleaders and a key player on our advisory board\u2014attending all our meetings and maintaining a high level of interest in the growth of our program,\u201d said John Zdanowicz<\/strong>, institute director and professor, Department of Finance and Real Estate.<\/p>\n

Now, with his personal donation, he has found yet another way to show his devotion to the institute and the high regard in which he holds the college and its students.<\/p>\n

\n

\u201cI felt like it was time to show my respect by making a financial contribution and it gave me a lot of pleasure to do so.\u201d<\/p>\n

\u2014Kenneth D. Rosen<\/strong>, CCIM, president, Kendar Realty, Inc.<\/p>\n

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\u201cI believe in the business school, and if I were young and starting college today, I\u2019d go there in a minute,\u201d he said. \u201cFor business, it\u2019s the greatest. I felt like it was time to show my respect by making a financial contribution and it gave me a lot of pleasure to do so.\u201d<\/p>\n

Rosen and the institute remain on pace to achieve their goals.<\/em><\/p>\n

Reflecting on his 35-year attachment to the university\u2014in particular to its real estate program\u2014Rosen remembered his inauguration as president of RAMB in the early 1970s.<\/p>\n

\u201cI presented seven goals, one of which was to establish a school of real estate at Florida International University,\u201d he said.<\/p>\n

Not only did his earlier efforts help lay a solid foundation for educating students in real estate, but also, with his personal gift, Rosen is helping ensure that the real estate programs will continue to expand.<\/p>\n

\u201cI\u2019m very grateful that he made this kind of commitment and that he will help me make decisions about how to parcel out the funds,\u201d said Zdanowicz, who plans a variety of initiatives to strengthen the undergraduate and graduate programs and to increase support for faculty research and development.<\/p>\n

For more information about the Jerome Bain Real Estate Institute, visit http:\/\/business.fiu.edu\/centers\/jerome_bain.cfm<\/a>. The site includes links to information about the college\u2019s undergraduate real estate major and the Master of Science in International Real Estate (MSIRE) program.<\/p>\n","protected":false},"excerpt":{"rendered":"

Kenneth D. Rosen Ever since the establishment of Florida International University in 1972, Kenneth D. Rosen, CCIM, president, Kendar Realty, Inc., dreamed of seeing a school of real estate at Modesto A. Maidique Campus. Thanks in large part to his dedication, a thriving one exists. The most recent sign of his commitment: a personal contribution […]<\/p>\n","protected":false},"author":71,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10],"tags":[619,1284,1336,1494,1495],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/3719"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=3719"}],"version-history":[{"count":1,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/3719\/revisions"}],"predecessor-version":[{"id":24223,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/3719\/revisions\/24223"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=3719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=3719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=3719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}