By Joshua Burd
The Rutgers Center for Real Estate has named longtime New Jersey development executive Ron Ladell as the next chair of its executive committee and advisory board.
Ladell, a senior vice president with AvalonBay Communities, assumes the post after joining the program as an original executive committee member around 2015. The Rutgers alumnus also teaches real estate law and real estate development to students in the program, among several other ties to the school.
As chair, Ladell will continue to work alongside the center’s academic team and board of influential industry executives, succeeding founding co-chairs Carl Goldberg and Jimmy Hanson.
“From the time that the Rutgers Center for Real Estate was established, Ron Ladell has been an integral part of the mission of the center and successfully engaged in all aspects of the center’s activities including academics, research, fundraising and student outcomes,” said Morris Davis, the Paul V. Profeta chair of real estate and the academic director of the Rutgers Center for Real Estate. “As a result, I am pleased to announce that Ron has accepted my invitation to become the next chair of the Rutgers Center for Real Estate.”
He added that Goldberg and Hanson “have been extremely important to the development and growth of the Rutgers Center for Real Estate.”
“They have worked with me from the first day to provide a strategy for excellence that centered on student outcomes and academic impact,” Davis said. “I consider Carl and Jimmy as friends and mentors and I am grateful for their guidance and tireless efforts. They care deeply about our state, and I expect they will both continue to help the Center for Real Estate impact the lives and livelihoods of generations of students to follow.”
Ladell, one of the state’s most influential multifamily builders, is also a Rutgers University senator representing the Rutgers University Alumni Association. He was honored earlier this year with the Visionary in Partnership Award from Rutgers Hillel and recently received the Dean’s Meritorious Award for Adjunct Faculty from the Rutgers Business School.
The developer received his JD from Rutgers Newark School of Law and his undergraduate degree from Rutgers College.
“I look forward to continuing and expanding the activities of the Rutgers Center for Real Estate throughout New Jersey and look forward to working with anyone that is interested in assisting our incredibly talented and diverse student body achieving their goals and objectives,” Ladell said. “Rutgers University set me on a path many decades ago that has provided me with the intellectual skills and personal attributes to be successful first as an attorney and now as a real estate executive. Now that I have the opportunity to pay it forward and work with the next generation of real estate executives, I feel honored to give back to my alma mater in such a material and profound way.”
With Ladell at the helm, AvalonBay’s development pipeline in the region includes properties in Somerville, Princeton, Montville and West Windsor. He serves on the New Jersey State Chamber board of directors and the New Jersey Apartment Association board of directors, while he appears regularly as a guest lecturer at academic institutions and trade conferences and has been recognized for his volunteer activities by various organizations.