Roger J. Brown is a private consultant with 35 years experience specializing in solving complex real estate problems.

Prior to creating mathestate, he developed a wide range of expertise in the following areas:

• Negotiating investment real estate sales
• Tax Deferred exchanges and leasing
• Originating and servicing mortgage loans
• Fiduciary responsibilities of general partner
• Expert witness in civil litigation
• Writing and teaching in the fields of real estate investment, finance, appraisal, taxation, analysis and management
• General Manager of one of the oldest investment firms in San Diego which has had as many as 100 employees supervising of all aspects of finance, legal, accounting and administration of investment portfolios
• From 2001-2005 he was the Director of Research for the Real Estate and Land Use Institute at San Diego State University.

The Pennsylvania State University
Ph.D. in Business Administration, 2000
Major field - Finance (concentration in Real Estate)
Minor field - Economics

San Diego State University
MBA - Major field - Finance, 1994
BA - Major field - Speech Arts and Marketing, 1970

REALTORS National Marketing Institute
1979 Designated CCIM (Certified Commercial-Investment Member)

Publications:

"Evaluating Future Input Assumption Risk"
Appraisal Journal - April, 1998

"Zijn onroerend goed aandelen onroerend goed of aandelen?"
(Are REITs Stocks or Real Estate? A Review of the Issues)
VOGON Journal (The Netherlands) - January 1997

"The Emerging Fourth Wave of Aesthetic Regulation: Beauty Is in the Pocketbooks of the Beholder"
with Jeffery M. Sharp, Proceedings of the Academy of Legal Studies in Business, Quebec City, 1996

"America Becoming 'The Beautiful' Again: Examining a Century of Aesthetic Regulation"
with Jeffery M. Sharp, National Proceedings of the Academy of Legal Studies in Business, San Diego, 1998

"Intracity Geographic Diversification of Real Estate Portfolios: Preliminary Evidence from Hong Kong"
with Ling Hin Li and Kenneth Lusht, The Journal of Real Estate Portfolio Management, April/June, 2000

"Risk and Private Real Estate Investment";
The Journal of Real Estate Portfolio Management, May-August, 2004.

"Private Investor Holding Period"
(with T. G. Geurts), The Journal of Real Estate Portfolio Management, May-August, 2005.

Published over 30 times in the following local papers: San Diego Union/Tribune, San Diego Daily Transcript, and the San Diego Business Journal

Conference Presentations:

"Intracity Geographic Diversification of Real Estate Portfolios: Preliminary Evidence from Hong Kong"
Asian Real Estate Society Conference, Hong Kong, 1997

"Tier II Real Estate" American Real Estate and Urban Economics Association 2001
International Real Estate Conference, Cancun, 2001

"Risk and Private Real Estate Investments"
19th Annual American Real Estate Society Meeting, Monterey, CA 2003
Winner: Manuscript prize in category of Innovative Thinking sponsored by the Homer Hoyt Advanced Studies Institute

"Multi-Family Investor Tenure Choice"
(with T. G. Geurts), 19th Annual American Real Estate Society Meeting, Monterey, CA 2003
Winner: Manuscript prize in the Apartment category sponsored by the National Multi-Housing Council

"Multi-Family Investor Tenure Choice"
(with T. G. Geurts), 19th Annual American Real Estate Society Meeting, Monterey, CA 2003
Winner: Manuscript prize in the Apartment category sponsored by the National Multi-Housing Council

"The Labor Component of Private Investor Real Estate Returns"
20th Annual American Real Estate Society Meeting, Captiva Island , FL 2004

"Optimization of Residential Property Management"
(with B. Klingenberg), 20th Annual American Real Estate Society Meeting, Captiva Island , FL 2004

"Senior Housing: An Inter-Generational Solution"
(with Y. Zhang), 21st Annual American Real Estate Society Meeting, Santa Fe , NM 2005

"Real Estate Bubbles:A New Analysis Based on the Lender-Borrower Relationship"
(with B. Klingenberg), 12th Annual European Real Estate Society Conference, Dublin , Ireland 2005

Supplementary Textbook:

Private Real Estate Investment: People, Property and Numbers
Elsevier Science, (2005)

Awards and Scholarships:

Real Estate Research Institute, 1999 Dissertation Research Grant
1999-2000 Ossian R. MacKenzie Doctoral Teaching Award