| A Vision for ARES in the Twenty-First
Century: The Virtual Community of Real Estate Thought Leaders Author: Stephen E. Roulac
Start Page: 237
End Page: 248
Volume: 12
Issue Number: 2
Year: 1996
Publication: Journal of Real Estate Research
Abstract: In the twenty-first
century the American Real Estate Society (ARES) is a virtual community of real estate
thought leaders, electronically interconnected and linked through the International Real
Estate Society to counterpart organizations on all major continents as well as numerous
country-specific societies. ARES growth is attributable to its emphasis on rigorous
applied microeconomic decisionmaking and an inclusive, open style. The initiatives of the
Strategic Planning Task Force, whose report was enthusiastically endorsed and implemented
at the 1996 Lake Tahoe meetings, have led to an expansion of activities and services.
Further, the "Great Water" location strategy continues to attract strong meeting
participation, which meetings emphasize special tracks for the corporate space user,
global portfolio investing, micro property strategies and transactions, property analytic
advances, improving cognitive skills to overcome bounded rationality, and learning
innovations as well as ethical and aesthetic issues, property rights and quality of life
topics. As valuable as the electronic access to critical real estate research resources
is, the ARES Annual Meeting continues to be the one must attend gathering for real estate
thought leaders throughout the world.
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