Brent Ambrose

Chair & Director, The Pennsylvania State University

Brent W. Ambrose is the Jason and Julie Borrelli Faculty Chair in Real Estate, Director of the Borrelli Institute for Real Estate Studies, and Director of the Ph.D. program at the Pennsylvania State University Smeal College of Business. Prior to joining Penn State, Professor Ambrose held faculty appointments at the University of Kentucky, the University of Wisconsin-Milwaukee, and visiting appointments at the University of Pennsylvania and the US Department of Housing and Urban Development. His research interests include issues related to Real Estate Investment Trusts (REITs), loss mitigation programs associated with mortgage default and foreclosure, Government Sponsored Enterprises (GSEs), fixed-income securities, and consumer credit contracts. In 2010, he was the President of the American Real Estate and Urban Economics Association (AREUEA) and served as its Executive Vice President from 1996 to 2003. He is a Faculty member and Fellow of the Weimer School of Advanced Studies in Real Estate and Land Economics at the Hoyt Group, the Real Estate Research Institute, and in 2006 was appointed a Fellow of the FDIC Center for Financial Research. Dr. Ambrose is the co-Editor-in-Chief of the Journal of Real Estate Finance and Economics and co-edited Real Estate Economics from 2015 to 2020. He serves on the editorial boards of the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research, and the International Real Estate Review. He is also a member of the advisory board of the Real Estate Research Institute. His work appears in The Journal of Finance, The Review of Financial Studies, The Review of Economics and Statistics, The Journal of Money Credit and Banking, The Journal of Financial Intermediation, The Journal of Real Estate Finance and Economics, Journal of Financial and Quantitative Analysis, Journal of Financial Services Research, Financial Management, Financial Analysts Journal, Real Estate Economics, Regional Science and Urban Economics, Journal of Real Estate Research, Journal of Urban Economics, Journal of Housing Economics, Journal of Housing Research, The Wharton Real Estate Review, and Cityscape: A Journal of Policy Development and Research. In addition, he co-edited Household Credit Usage: Personal Debt and Mortgages, published by Palgrave/MacMillian. Dr. Ambrose holds a Ph.D. and M.B.A. from the University of Georgia and a B.S. in Business from Wake Forest University.