Abstract
Dr. James A. Graaskamp (1933–1988) had a tremendous and enduring impact on the real estate industry. This article explores his contributions from a holistic perspective, using a comprehensive approach to highlight his key intellectual underpinnings, explore his pedagogical practices, and summarize his industry activities. Of particular note is the discussion of his multidimensional approach to the real estate asset class. The discussion explores the theoretical areas he drew on, including urban land economics, behavioralism, decision making, social responsibility, and risk management. A brief review of some “Graaskampianisms”—selected definitions, sayings, and concepts he coined—pre- cedes a profile of his academic contributions. He straddled both industry and the academy and envisioned real estate as a multidiscip Unary field and real estate education as belonging in a university setting. His industry activities are reviewed, along with the various approaches he used to promote change and innovation. Special attention is paid to his contributions to appraisal, feasibility, institutional investment analysis, and the development process. Throughout the chapter, his strong social consciousness and the challenges he posed for the academic and professional communities are noted.
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DeLisle, J.R. (2000). Graaskamp: A Holistic Perspective. In: DeLisle, J.R., Worzala, E.M. (eds) Essays in Honor of James A. Graaskamp: Ten Years After. Research Issues in Real Estate, vol 6. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1703-0_3
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