April 23, 2010
Generous gifts from alumni, family and friends have established dozens of endowed faculty positions at SMU, enabling the University to attract leading scholars by providing significant research funds and competitive salaries. Through The Second Century Campaign, SMU aims to increase to 100 the number of endowed academic positions. Following are two examples of professors whose work is supported by endowments.
As chair of the Real Estate, Risk Management and Business Law Department at Cox School of Business, William B. Brueggeman is working to address the issues that contributed to the global recession. In his graduate and undergraduate courses on real estate finance, he and his students are analyzing the problems created by mortgage-backed securities and investigating a range of concerns in the commercial real estate market.
The financial crisis is also among the subjects Brueggeman examines in the newly published 14th edition of Real Estate Finance and Investments (McGraw-Hill Irwin, 2010). For the past 30 years he has been the lead author of the textbook, which has been used at more than 200 universities around the world. The textbook was cited as an authoritative source by the Congressional Oversight Panel in its February 2010 report, "Commercial Real Estate Losses and the Risk to Financial Stability."
Brueggeman also serves as director of the Cox School's Center for Research in Real Estate and Land Use Economics.
In addition to consulting for government and industry, Brueggeman has served on the editorial boards of many journals and written articles and book reviews. He earned a Ph.D. from Ohio State University and an MBA from Loyola University. He was named to the Corrigan Endowed Chair at SMU in 1978.
Alternative forms of church, especially the formation of new monastic communities, are Elaine A. Heath's major research focus. She follows the way such ministries begin to grow and prosper, particularly the way they integrate spiritual formation with justice-oriented mission, and she examines the power of such communities to heal individual and communal wounds.
Heath, who also serves as director for the Center for Missional Wisdom at the Perkins School, is the author of The Mystic Way of Evangelism: A Contemplative Vision for Christian Outreach (Grand Rapids: Baker Academic, 2008), described by one reviewer as "a remarkably creative work linking the church's missional priority for evangelism with the neglected resources of the church's mystics." Her other books include Longing for Spring: A New Vision for Wesleyan Community (Eugene: Cascade, 2010), co-authored with Scott Kisker, and Naked Faith: The Mystical Theology of Phoebe Palmer (2009). Her next book, scheduled for release later in 2010, is We Were the Least of These: Reading the Bible with Survivors of Sexual Abuse.
Heath's current research focuses on the development of small, missional communities in multiracial, multicultural, mixed income neighborhoods throughout the Dallas–Fort Worth Metroplex. "I'm interested in ‘the power of small' in the formation of authentic disciples and authentic faith communities," she says.