Stijn Van Nieuwerburgh

Earle W. Kazis and Benjamin Schore Professor of Real Estate: Finance Division

Co-Director: Paul Milstein Center for Real Estate

Areas of Expertise: Real Estate

Contact: Office: 796 Kravis; E-mail: [email protected]

Links: Personal Website; Curriculum Vitae

Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia University’s Graduate School of Business, which he joined in 2018.

His research lies in the intersection of real estate, asset pricing, and macroeconomics. He has published over 50 articles in the top economics and finance journals on topics ranging from commercial real estate valuation, mortgage market design, affordable housing, to asset management, government debt sustainability, and macro-finance. His work is frequently covered in the media, including on 60 Minutes, the New York Times, the Wall Street Journal, the Economist, Bloomberg, and the Financial Times.

In 2016, Van Nieuwerburgh was awarded the 15th Edition of the Bernácer Prize for his research on the transmission of shocks in the housing market on the macro-economy and the prices of financial assets. The Bérnácer Prize is awarded annually to a European economist under the age of 40 who has made significant contributions in the fields of macroeconomics and finance. In 2020, he won the TIAA Paul Samuelson Award for research on lifelong financial security and in 2024, he was awarded the inaugural Practice Prize from Columbia Business School for his work and advocacy on post-pandemic office markets and the urban doom loop.

Van Nieuwerburgh was the President of the American Real Estate and Urban Economics Association in 2023, is currently the Vice President of the European Finance Association and will serve as its President in 2027, and served on the Board of the American Finance Association from 2022-2025. He serves on the board of the Belgian American Educational Foundation.

Outside academia, he served on the Board of Directors of Moody’s Ratings from 2020 until 2025, on the Federal Reserve Board’s Model Validation Council for Stress Testing, and as an advisor to the Norwegian sovereign wealth fund (NBIM). He currently serves on the Advisory Boards of Anchor Healthcare Properties.

He earned his PhD in Economics (2003), MSc in Financial Mathematics (2001), and MA in Economics (2001) from Stanford University, and a B.A. in Economics from the University of Ghent, Belgium (1998).

Education: Ph.D., Economics, 2003 Stanford University; M.Sc., Financial Mathematics, 2001 Stanford University; M.A., Economics, 2001 Stanford University; B.A., Economics, 1998 University of Gent, Belgium

Joined CBS: 2018

Stijn Van Nieuwerburgh

All Activities

Award Institution: National Meeting of the American Real Estate and Urban Economics Association

Award Institution:

National Meeting of the American Real Estate and Urban Economics Association