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Student Spotlight - Jared Schnoll

Posted By Maria-Elena Svigos, Blue Vista Capital Management, Tuesday, May 7, 2019


 

Today the WREAA features Jared Schnoll, one of Real Estate Club’s incoming Co-Presidents for the Fall 2019 semester. Originally from Milwaukee, Jared earned a BS in Real Estate and Finance from Indiana University and later worked in Chicago for four years before returning to Wisconsin to earn his graduate degree. Jared sat down with Social Media Intern, Maria-Elena Svigos, to discuss his past, his interests in real estate, and his goals for the Real Estate Club next semester. 

 

Where are you originally from and how did you end up at UW?

I grew up in Milwaukee and went to Indiana University for my undergraduate degree in Finance-Real Estate. After working in Chicago for four years in real estate lending, I decided it was the right time to go back to school for my MBA. I grew up a Badgers fan and have always heard great things about the highly-ranked real estate program at UW-Madison. After researching my options, I decided the Graaskamp Center was the best fit for me. I also had a ton of friends go to UW for their undergraduate degree and I always had a good time visiting them in Madison. It’s a great city to be in for grad school.

 

What was your career experience prior to the Wisconsin MBA program? What motivated you to pursue an MBA in Real Estate?

I worked at CIBC (f.k.a. The Private Bank) for four years as a commercial banker. During my time there, I was placed in the commercial real estate group where I managed relationships with institutional investors. In my role I originated bridge loans for value-add deals, tracked performance of existing portfolios, and handled legal negotiations for loan closings. Being able to see a variety of deals and business plan strategies sparked my interest to transition from the debt side to the equity side. I want to get my MBA to understand the details of real estate investing and open up an entire new network of real estate professionals.   

 

What are you most excited to do as REC President?

I’m excited to help the REC continue to get interesting and successful speakers to come to campus, develop networking opportunities for members, and plan cool trips to development sites. Another major goal of mine is to continue to find ways for undergraduate and graduate real estate students to start forming relationships now. Forming these relationships will benefit us all down the road when we are the leaders in the industry. 

 

What are your post-graduation goals?

After graduation I’m hoping to get a job in commercial real estate development or acquisitions in Chicago. Eventually, I hope to be in a position to invest in the deals myself. 

 

How has your WREAA membership been beneficial so far?

Becoming a member of WREAA has been extremely beneficial for me. In just one year, I have met countless alumni who are willing to give advice and help wherever possible. The WREAA network is truly an amazingly tight-knit group who values paying it back for the help they’ve received over the years. 

 

What has been your favorite event or experience as a member of the Real Estate Club or the WREAA?

My favorite experience as a member of the Real Estate Club was the trip to Miami. We got to see some amazing projects and the trip was a ton of fun. I had never been to the city before and enjoyed learning from local real estate companies about the different challenges they face. 

 

How do you spend your free time?

In my free time I like playing sports (soccer, basketball, golf), traveling (I spent 2 months backpacking in Europe before the MBA program), cooking/grilling, and spending time outside with friends and my dog.

 

What are your plans for the summer?

This summer I’m going to be interning at Venture One Real Estate, an industrial developer in Chicago. I will be supporting the acquisitions group and am looking forward to learning more about the industrial sector. 

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