Title:‘A turning point’ for the Steers Center

A decade ago, Georgetown parents Bob (B’75) and Lauren Steers founded the Steers Center for Global Real Estate. Since then they have worked closely with Matthew Cypher, Atara Kaufman Professor of Practice and director of the center, to stay ahead of changes in the industry.

In 2025, the center moved to 111 Massachusetts Avenue, a newly renovated building located on Georgetown’s Capitol Campus, and changed its name to the Steers Center for Global Real Assets to address the seismic shift toward an integrated approach to real estate, infrastructure, and energy transition. The innovative curriculum prepares students for a wider range of opportunities.

“This year marks a turning point,” says Matthew Cypher. “We are no longer a real estate center within a business school. We are a platform for thought leadership, talent development, and industry engagement at the intersection of infrastructure, energy transition, and real estate.”

In addition to the new name, approach, and location, the center received an additional $10M gift from the Steers to support two endowed professorships as well as 20 full-tuition scholarships each year through the Steers Scholars Program for the Master of Science in Global Real Assets.