Christopher J. Mayer
Paul Milstein Professor of Real Estate
Finance Division
Co-Director
Paul Milstein Center for Real Estate
BS, University of Rochester, 1987; PhD, MIT, 1993
Joined CBS in 2003
Office:
721
Kravis
Phone:
212-854-4221
E-mail:
[email protected]
Fax:
212-662-8474
Personal Website
Curriculum Vitae
Biography
Christopher Mayer is the Paul Milstein Professor of Real Estate at Columbia Business School. His research explores a variety of topics in real estate and financial markets, including housing cycles, mortgage markets, debt securitization, and commercial real estate valuation. Dr. Mayer is also CEO of Longbridge Financial, an innovative reverse mortgage company focused on delivering responsible home equity products to older Americans to help finance retirement. Professor Mayer serves as a Research Associate at the National Bureau of Economic Research, a Director of the National Reverse Mortgage Lenders Association, and a member of the Academic Advisory Boards for Standard and Poor's and the Housing Policy Center at the Urban Institute. His research has received funding from the National Science Foundation and the Pew Charitable Trusts.
Dr. Mayer is active in the media and advising policymakers, testifying six times before committees of the U.S. Senate and House of Representatives, writing a paper for the Financial Crisis Inquiry Commission, and authoring numerous op-ed articles in major publications. Dr. Mayer previously served as Senior Vice Dean at Columbia Business School and held positions at The Wharton School, the University of Michigan, Harvard Business School, and the Federal Reserve Bank of Boston. He earned a BS in Math and Economics from the University of Rochester with highest honors and a PhD in Economics from MIT.
Teaching
Spring 2022
Real Estate as an Asset and a Business
(EMBA)
Spring 2021
Distressed Real Estate Investing
(MBA)
Real Estate as an Asset and a Business
(EMBA)
Spring 2020
NYC Immersion Seminar: Real Estate Development
(MBA)
Real Estate as an Asset and a Business
(EMBA)
Spring 2019
Real Estate as an Asset and a Business
(EMBA)
Spring 2018
Real Estate as an Asset and a Business
(EMBA)
Fall 2018
Columbia Caseworks cases
Minerve: Evaluating the Issuance of a New CDO
(2011)
Coauthor(s): Chris Mayer
The 2-28 Mortgage: When Business and Psychology Intersect in a New Consumer Product
(2011)
Coauthor(s): Eric J. Johnson, Chris Mayer
In The Media
State of the U.S. Housing Industry
What a Real Estate Bubble Would Mean for Homebuyers
To Help Black Developers, Programs Start with Access to Capital
Will San Francisco, New York and Other Big Cities Recover from COVID-19? What a Post-Vaccine City Could Look Like
From Detroit to Oakland, Pandemic Threatens Urban Renewal
Awards And Honors
Analysis of Second Liens and a New Proposal, by Chris Mayer, Edward Morrison and Tomasz Piskorski, $25,000, June, 2012
Housing Policies to Restore Credit Availability and Attract Private Capital in the Mortgage Market, by Glenn Hubbard, Alan Boyce, Christopher Mayer and James Witkin, $25,000, June, 2012
University of Rochester, given every 2 years to "The Most Outstanding Economics Student," 1987.
Award 1124188--joint with Professors Edward Morrison and Tomasz Piskorski--$347,811: Understanding the Determinants of Household Default Decisions in the Mortgage Crisis, 9/1/2011-8/31/2014.
Award 0214410--joint with Todd Sinai--$337,000; Economics of Air Travel: Network Effects, Congestion, and Scheduling Delays, 2002-2004