Embrey Gifts $1M to UTSA to Support Graduate Students
- Nov 24, 2015
By Anca Gagiuc, Associate Editor
Founder and CEO of Embrey Partners, Walter Embrey, Jr. announced he made a $1 million gift to UTSA in support of graduate student real estate education. In recognition of his gift, the program will be named the Embrey Real Estate Finance and Development Program.
“We are proud to have the Embrey name forever tied to the college’s real estate program,” said Tony Ciochetti, the Elmo James Burke, Jr. Chair in Real Estate Finance and Development. “Walter was instrumental in the creation of our program, and his gift will help bring us to the next level in developing premier programming for our graduate students.”
The UTSA is launching a two-year master’s program in real estate finance and development that allows for multidisciplinary and specialized real estate training.
“Our industry needs talented professionals to keep up with the growth in Texas and the Southwest,” said Embrey. “I hope this gift will help UTSA develop a new breed of professional, strong in finance, adept in development and skillful in practical issues like design, engineering and construction.”
“The Embrey name has been a recognized leader in the real estate community for many decades,” said Gerry Sanders, dean of the UTSA College of Business. “We are so grateful for Walter’s enthusiastic support in helping build a top-tier graduate program in real estate finance and development at UTSA. This is a transformational gift for our program and our students.”
Embrey is a native of San Antonio who received his finance degree from the University of Texas at Austin. He is a founding member and former chairman of the UTSA Real Estate Finance and Development Program Founders Council, and was also a charter member and co-chairman of the Real Estate Finance and Investment Center at the UT Austin McCombs School of Business. “UTSA has a major impact on San Antonio, and I’m excited to be a part of that momentum,” added Embrey.
Image courtesy of UTSA