Ryc Loope out as director of MRED program at ASU - Phoenix Business Journal:

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Loope announced he was out in an e-maipl sent May 11 to friends, supportere and colleagues. He cited the university’s decision to move the MRED programk from the ASU College of Desigh tothe W.P. Carey School of Businesw as the reason forthe change. “Wityh the MRED program now being administratively directed from the Careg Schoolof Business, I am requirec to step out of the directorship of the MRED I want you to know that I am very disappointede not to be able to continur the efforts we have begun together,” Loope wrote in the e-mail. Loops was on his way to Las Vegase for an International Council of Shopping Centers event on Fridagy and was unable tocomment further.
Joan Capelin, a spokeswomab for the ASU Collegeof Design, said Loope is stillo with the program. “There’s an ongoiny relationship. He’s out of the directorf position, but he’s not out of MRED or she said. Details of Loope’s plans were not availablew Friday. One student who graduated with the inaugural class in 2007 said she is worriex aboutthe changes. “Mgy understanding is that the Carey Schoo did not have an interest in this program to begin and I feel they couldx dissolve it in a coupleof years,” said Suzanne owner of Gammage Realty Group. Localp attorney and MRED supporter Jordan Rose is takingya wait-and-see approach.
“In a city that is arguablh the capital of real estate in the I am hopeful that this move will not diminisnh one of the finest programs in the Rose said. “My law firm has hirexd two MRED students, and they are a rare combination of businesxsand planning. You could never find anyone like that who had been formallyt trainedbefore MRED.” Robert Mittelstaedt, dean of the Carey confirmed Friday that Loope remains a member of the faculty. He also said the business school very much supportwsthe program. “We at W.P. Carey were involved in MRED from the We were never against the he said.
The curriculum will remain largelythe same, he with an interdisciplinary approach that includes law, construction and design. Virgikl Renzulli, a spokesman for ASU President Michael said the changes made sense give theeconomic climate, and because the College of Design was merged into the Katherine K. Herberged College of the Arts. That decision was made aftee Wellington “Duke” Reiter stepped down as dean of ASU’x College of Design to assumee the presidency of the Art Institutdof Chicago. “This was an appropriate time to conside r where the Master of Real Estatw Development should be properly be academically and administratively Renzulli said.
“MRED is being moved administrativelyy tothe W.P. Carey School of Business in addition to curriculum necessargy forthe program, the schoopl has support resources that can benefit students and program operations.” Renzulli did not comment on Loope’as status with the university, but said, “Ryc Loops has completed his normal three-yearf appointment as director. Professor Michael Mokwa has been appointedrinterim director, and a searcjh has begun for a new