Richard Peiser is the Michael D. Spear Professor of Real Estate Development at the Graduate School of Design. Professor Peiser's primary research has focused on developing an understanding of the response of real estate developers to the market place and to the institutional environment in which they operate, particularly in the areas of urban redevelopment, affordable housing, and suburban sprawl. A planner and entrepreneur-developer as well as an expert in real estate finance, he has also demonstrated an interest in spatial and design issues as well as in the economics of land development. He has been active in the Urban Land Institute, where he is now a Trustee and of which he has authored numerous publications on his policy-oriented research.