Barratt American Donates $50,000
in Support of SDSU Real Estate Program
Gift Brings Total Donations from Developer to $100,000

Contact: Randy Carmical, Director of Communications
(619) 594-0206 Randy.Carmical@sdsu.edu

SAN DIEGO, Thursday, May 04, 2006 – San Diego State University’s (SDSU) College of Business Administration announced today that its Real Estate Program is the recipient of a $50,000 gift from Barratt American, Inc.  The pledge is the second such gift from the San Diego real estate developer. The first $50,000 gift was announced in January 2005.

“We are thrilled that Mick Pattinson of Barratt American is such a wonderful supporter of our Real Estate Program,” said Gail Naughton, dean of the university’s College of Business Administration. “We are honored to be associated with Barratt American and their legacy of high standards and community involvement.”

For more than 40 years, the College has been educating students in a program that includes Southern California’s leading comprehensive undergraduate real estate degree. The vision is to create a “ready-day-one” program for students who aspire to become leaders within the industry. This includes: 1) a restructured curriculum to prepare students for today’s and tomorrow’s employment opportunities; and 2) an expanded research component that analyzes emerging trends and provides thoughtful leadership on real estate matters of community importance.

“I promised to double my gift last year if other real estate developers, planners and builders would step-up and make contributions to the SDSU Real Estate Program. They did, so I am fulfilling my promise,” said Barratt American President Mick Pattinson. “I also wanted to welcome Dr. Peter Chinloy, the new chair of SDSU’s Real Estate Program. With Dr. Chinloy’s well-respected reputation, I’m sure he will take the program to new heights.”

Several corporate partners have made substantial contributions recently to the SDSU Real Estate Program bringing recent total gifts to well over $2 million. Contributors include The Corky McMillin Companies, Grubb & Ellis/BRE Commercial, the Warwick family, Stephen and Michele Coslik, Cornerstone Communities and the San Diego Foundation’s H.G. Fenton Company fund.

SDSU also recently announced the appointment of Dr. Peter Chinloy as the endowed chair of the Real Estate Program. Chinloy, who begins at SDSU in fall 2006, is considered a preeminent scholar in the fields of real estate finance and development and is currently the Chair of the Finance and Real Estate Department at American University’s Kogod School of Business in Washington, D.C., as well as the Realtor Chair Professor and Homer Hoyt Faculty Fellow.  Chinloy has published a number of books in both management and real estate, including The Cost of Doing Business and Labor Productivity and Real Estate Investment and Financial Strategy. He has also published over 50 refereed articles in publications such as Real Estate Economics, Journal of Real Estate Finance and Economics, and American Economic Review, and is a member of the Editorial Board for Real Estate Economics, Journal of Real Estate Finance and Economics, and Journal of Real Estate Literature.  

Chinloy received his undergraduate degree in accounting and economics from McGill University and his master’s and doctoral degrees from Harvard University. His knowledge and expertise in the fields of mortgage finance, commercial real estate, and equity structuring in real estate will greatly enhance SDSU’s Real Estate Program.

About Barratt American
Now observing its 26th year of operations and with more than 17,000 homes to its credit, Barratt American is building fine communities across the full market spectrum in Southern California, from entry-level to multimillion-dollar estate homes.  Barratt has received numerous awards for its development projects on the local, regional and national level.  Currently being built and marketed are Aragon in La Mesa, Metrome downtown, Seahaus in La Jolla, Magnolia Estates in Carlsbad, Nantucket in Leucadia and the master-planned Villages of Avalon in Perris; Sagewood, Sagecrest and Capistrano in the Temecula Valley; Crescent Court in San Marcos, Costa Del Sol in Carmel Valley.  For more information, please visit www.BarrattAmerican.com.

About SDSU’s College of Business
With over 5,500 students, the SDSU College of Business Administration is one of the largest business schools in the U.S.  Its programs in undergraduate international business and graduate entrepreneurship are ranked among the top programs in the country by U.S. News and World Report. This year, the college is celebrating “50 Years of Educating San Diego’s Business Leaders.”

About San Diego State University
San Diego State University is the oldest and largest higher education institution in the San Diego region.  Since it was founded in 1897, the university has grown to offer bachelor’s degrees
in 81 areas, master’s degrees in 72 areas and doctorates in 16 areas.  SDSU’s more than 33,000 students participate in academic curriculum distinguished by direct contact with faculty and an increasing international emphasis that prepares them for a global future.  For more information, visit www.sdsu.edu.