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Wilbur C. Henderson Real Estate Institute

Our Mission

The Wilbur C. Henderson Real Estate Institute in the Bennett S. LeBow College of Business at Drexel University is dedicated to delivering a world-class academic experience built around hands-on practitioner learning that is instantly translatable to the real world.

Furthermore, the Henderson Real Estate Institute is dedicated to delivering world-class research, scholarship and innovation by leveraging the true power of Drexel. We provide the real estate industry and community leaders with comprehensive, solution-oriented services and infrastructure to support research, application and translation of discoveries to maximize impact and ROI. By leading the growth of Drexel’s real estate research enterprise and securing new resources for our scholars, we contribute to new knowledge, discovery and innovation throughout the United States and beyond.

Our Vision

We envision a supportive environment for all Drexel scholars that enables transformative discoveries and innovation, produces new knowledge, and supports creative activities to benefit Philadelphia, the nation and the world.

Our Values

Collaboration

Our office advances research and innovation by establishing collaborative relationships at all scales — within our division, throughout the University, and with external partners in higher education, government, industry and nonprofit organizations.

Diversity, Equity and Inclusion

We proactively support the creation of a diverse, equitable and inclusive research community dedicated to making a difference.

Innovation and Impact

Our efforts and investments in innovative work at the University advance intellectual and societal impact of fundamental and applied research.

Openness and Transparency

We actively seek input from the research community, make reasoned decisions that are fair and principled, and share information in a transparent and fair manner.

Resilience

We respond to a rapidly changing world in ways that enable rapid learning and flexibility while maintaining continuity and adaptability for our research enterprise. We approach current opportunities and challenges with an eye toward long-term solutions.

Service

We provide high-caliber, solution-oriented service to our faculty, students and staff to advance their research and scholarship goals while ensuring that our endeavors comply with applicable laws, regulations and University policies.

About the Wilbur C. and Betty Lea Henderson Foundation

Henderson Real Estate Institute Ribbon-Cutting
Ribbon-cutting ceremony held on October 31, 2023 at Gerri C. LeBow Hall.

With a $10 million gift from the Wilbur C. and Betty Lea Henderson Foundation, the Henderson Real Estate Institute honors the legacy of Wilbur C. Henderson Jr., a 1947 alumnus, former Drexel trustee, World War II veteran, community leader and influential real estate developer in the Greater Philadelphia region.

Learn more about the Wilbur C. and Betty Lea Henderson Foundation

Notable at LeBow
Carter Murdoch and Lawrence Yu at the National Association of Realtors conference
Real Estate Leaders Gather for Governance Conference

On May 6, 2024, Carter Murdoch, PhD, Executive Director of the Henderson Real Estate Institute, joined Lawrence Yun, Chief Economist of the National Association of REALTORS®, at the Mid-Year Governance Conference Research Committee meeting in Washington, D.C.

Media Mentions

KYW Newsradio in Depth

More About Drexel University and the LeBow College of Business
About Drexel University

As one of the nation’s leading R1 research institutions, Drexel University is focused on not only developing groundbreaking concepts and ideas, but also on discovering new ways to apply interdisciplinary thinking and collaborate with global partners to deliver impactful solutions that address the problems of tomorrow.

  • Ranked Top 50, US News World Report, Private Institutions 2023
  • Ranked Top 60, Wall Street Journal/College Pulse Rankings, 2024 Best Colleges in the US
  • Ranked Top 40, Department of Education 2022 College Scorecard, Comprehensive Research Universities in the US See more Drexel University rankings and achievements
About Drexel LeBow College of Business

Drexel University’s LeBow College of Business is a top-ranked, AACSB-accredited business school located in Philadelphia. Our bachelor’s degrees; full-time, part-time and online MBA programs; specialized master’s degrees; market-driven certificates; doctoral degrees; and Executive MBA and DBA programs are propelled by our faculty, who are recognized for their thought leadership, and by the University’s over 100-year history of pioneering experiential education and industry partnership. Learn more about Drexel LeBow, By the Numbers

LeBow News

Connect with Us

Thank for your interest in the Wilbur C. Henderson Real Estate Institute. We look forward to connecting with you.

Carter Murdoch, PhD

Executive Director, Henderson Real Estate Institute

(215) 895-1369

Gerri C. LeBow Hall 1139