Fogelman Student Wins Grant to Study Uptown

Jared Linna, a Finance, Insurance and Real Estate (FIR) PhD student in Fogelman College of Business and Economics at the University of Memphis has been awarded by IAAO (International Association of Assessing Officers) an Academic Partnership Grant for a project -- "Assessed Valuation and Social Benefits of Neighborhood Redevelopment: Case Study of Uptown Memphis Tennessee".

Linna is the third FIR PhD student to receive this honor. This grant comes with a $5,000 award for the student, presentation at the IAAO's Annual conference and publication of the resulting paper in IAAO's lead journal, Journal of Property Tax Assessment & Administration.

This project is an outgrowth of Dr. Mark Sunderman's work on the Orange Mound Task Force and his relationship with Henry Turley. Turley is known for thinking beyond his property lines, and for maintaining deep and productive connections with diverse groups of people, leading to collaborative works of urban revitalization. Sunderman will explore the major redevelopment effort by Turley in Memphis, known as Uptown.

Sunderman commented, "Having the opportunity to work with Henry on this project is a major milestone for our department and allows us to offer refined perspectives regarding his efforts in helping Memphis develop and grow."

Uptown, located just north of downtown Memphis and encompasses approximately 100 city blocks, was developed between 2001 and 2016. The overall investment was approximately 185 million dollars.

Sunderman holds the Morris Fogelman Real Estate Chair of Excellence, Department of Finance, Insurance and Real Estate. His research is primarily in the field of real estate, with a focus on property tax administration, valuation, real estate finance, and the valuation of government grazing leases.

The Fogelman College of Business & Economics is an AACSB accredited institution comprising six departments – School of Accountancy; Business Information and Technology; Economics; Finance, Insurance, and Real Estate; Management; and Marketing and Supply Chain Management.