Real estate’s aerial future showcased in class

Undergraduate | Oct 24, 2018 | admin

Note: This excerpt was originally published in the Fordham Newsroom and was re-published here on GabelliConnect.

By Patrick Verel

Drones will soon be ubiquitous in New York City. It’s only a matter of time. And when they are, Gabelli School of Business students will be ready, thanks to a live demonstration recently held at the Rose Hill campus.

The demonstration of a medium-size DJI Inspire 2 drone and a small DJI Mavic Pro drone, inside the Lombardi Fieldhouse, was part of Introduction to Real Estate Finance, a class offered to Gabelli undergraduates as part of the school’s alternative investments concentration. Both drones flew short flights in the middle of the fieldhouse as Gabelli students gazed up attentively.

Roseanne McSween, EdD, senior director of development and adjunct professor at Gabelli, said she invited a representative of White Plains-based City Dronez to campus as part of a unit on the disruptions in real estate finance. In addition to real estate finance, classes in the concentration cover hedge funds, private equity and venture capital, and alternative investment strategies.

Read the full story for more on the use of drones in both real estate and the military, and watch a video of the demonstration.