Biography
Mark Stapp is the executive director of the Master of Real Estate Development program and Fred E. Taylor Professor in Real Estate in the W.P. Carey School of Business at Arizona State University. He also serves as a faculty associate in the School of Architecture and Landscape Architecture in the Herberger Institute for Design and the Arts at ASU. As an active member of the Phoenix development community, Stapp is currently on the board of the Local Initiatives Support Corporation Phoenix (LISC) and has been part of various business enterprises and development projects for over past 30 years. He has served as the vice chair for the Board of Directors of the Valley Forward Association and is a member of the Provosts Advisory Council for Arizona School of Health Sciences and Oral and Dental Health.
He is the managing partner of Pyramid Community Developers, LLC, a development management firm and provider of asset management and design consultation services. He is also U.S. operations president for Naef International Management, a Swiss investment company. He previously served as chairman of the Board of Taliesin Architects, Inc., for 10 years; was vice president of Planning and Development Services for Lendrum Design Group; served as managing director of Mountain West Research and was senior vice president of The Ellman Companies.
Stapp completed his undergraduate work in environmental studies and urban design at William Paterson University, did his graduate work in urban economics at Arizona State University and was a member of the 2000 Stanford University Graduate School of Business Executive and Professional Education program. Stapp received a Doctor of Humane Letters from A.T. Still University for his work in community sustainability, health and wellness.
ASU is a tier 1 research university and W. P. Carey is proud of its strong tradition of teaching and classroom excellence. Our students directly benefit from the research and theories our faculty brings into the classroom. Below is a list of courses being taught during the current semester by this faculty member. Click a course to view it in the ASU course catalog.
RED 509 - Adv. Fin Analy for Com RE
Teaches more complex financial analysis of income-producing property, including various decision-making tools such as Monte Carlo, option pricing, assessing alternatives, and how to build these into financial models. Also teaches financial analysis of business structures to determine potential outcomes such as debt and equity structures, waterfalls, claw backs, and other business and ownership concepts. Emphasizes strategic alternatives, assessing risk and conversion events.
RED 510 - Re Est Devp. Bus & Proj Mgmt
Teaches management of real estate development companies and process. Students learn the various aspects of project management, financial management and project accounting, lending relations and managing loans and pay applications as well as dispute resolution and strategic partnerships.
RED 511 - Design of the Built Environmen
Teaches the built environment and how that applies to creation of places, market positioning, capturing value and the importance of good design to the business of real estate.
RED 512 - Real Estate Law for Developers
Teaches issues faced by developers such as various types of financing structures, including special districts, TIF and bond financing. Covers issues and process of raising capital and various forms of securing equity. Discusses private placement memorandums, limited liability companies, partnerships and public private partnerships. Students also learn about environmental law, income tax issues, negotiation, and alternative dispute resolution.
RED 513 - Adv Real Est Engineer, Constru
Covers various construction delivery methods, construction project management and scheduling, construction contracts, mechanics and materialmans liens, and pay applications. Students also learn about sustainability and the built environement.
RED 514 - Synthesis Project #2 Income Pr
Through application to a specific problem given by faculty, students work in teams to analyze and seek solutions to development of land for an income-producing property. Students investigate a specific parcel of land, performing due diligence, preparing a market and segmentation analysis, defining highest and best use(s), designing a solution, preparing residual land value analysis, defining a product offering, pricing points, building design, site planning and comparative valuation analysis.
RED 591 - Seminar
A small class emphasizing discussion, presentations by students, and written research papers.
RED 680 - Practicum
Structured practical experience in a professional program, supervised by a practitioner and/or faculty member with whom the student works closely.
RED 691 - Seminar
A small class emphasizing discussion, presentations by students, and written research papers.
