LUIS A. LOPEZ (updated September 18, 2020)

601 S. Morgan Street, UH 2102 Phone: (312) 355-8215 Chicago, IL 60607 Email: [email protected]

Academic University of Illinois at Chicago (UIC) Placement Assistant Professor of Real Estate, Aug. 2020 - Present Assistant Professor of Finance, Aug. 2019 - Aug. 2020 Visiting Assistant Professor of Finance, June 2019 - Aug. 2019

Education The Pennsylvania State University (PSU) Ph.D., Business Administration (May 2019) Essays on Brokers, Financial Intermediaries, and Securitized Mortgages Brent W. Ambrose (Chair), Austin J. Jaffe, Liang Peng, Jiro Yoshida, and Timothy T. Simin

University of , (UNLV) M.A., Economics (December 2012) B.A., Economics, Minor in Political Science (December 2010)

Publications “Does Borrower and Broker Race Affect the Cost of Mortgage Credit?” with Brent W. Ambrose and James N. Conklin, Review of Financial Studies, 2020: forth- coming. ARES 2018 Best Paper Award in Real Estate Finance.

“Asymmetric Information and Personal Affiliations in Brokered Housing Transac- tions,” Real Estate Economics, 2020: forthcoming, pp. 1-34.

“Trustee Affiliation and Servicer Oversight: Evidence from CMBS Markets,” with Walter D’Lima, Real Estate Economics, 2020: forthcoming, pp. 1-33.

“The Role of Auctions in University Intellectual Property Transactions,” with Daniel R. Cahoy and Anthony M. Kwasnica, Duquesne Law Review, 2016, Vol. 54, No. 1, pp. 53-80.

Working “Risk Perception of Rare Catastrophic Events in Housing Markets: Evidence from Jet Papers Crash Risk,” with Walter D’Lima and Timothy M. Komarek (Available at SSRN; R&R at Regional Science and Urban Economics)

“Estimating Housing Rent Depreciation for Inflation Adjustments,” with Jiro Yoshida (Available at SSRN; Under Review).

“COVID-19 and Housing Market Effects: Evidence from U.S. Shutdown Orders,” with Walter D’Lima and Arancha Pradhan. (Available at SSRN)

“Pandemic Risk Factors and the Role of Government Intervention: Evidence from COVID-19 and CMBS Mortgage Performance,” with Sumit Agrawal, Brent W. Ambrose and Xue Xiao (Available at SSRN). Working “Asymmetric Information in Wealth Creation: Evidence from Landlords and Real Papers Estate Agents” (Available at SSRN).

“Steering Consumers to Affiliated Financial Services: Evidence from Mortgage Refer- rals and Cost of Credit,” with Shawn McCoy and Vivek Sah (Available at SSRN).

Work “Eviction Risk of Rental Housing: Does it Matter How Your Landlord Finances the in Progress Property?,” with Brent W. Ambrose, Xudong An, and Larry Cordell.

“Does Borrower and Broker Gender Affect the Cost of Mortgage Credit?” with Brent W. Ambrose and James N. Conklin.

Teaching Department of Finance, College of Business Administration, UIC Experience Commercial Real Estate—Face-to-Face, mixed graduate/undergraduate, Fall 2019 Commercial Real Estate—Hybrid, mixed graduate/undergraduate, Spring 2020 Real Estate Finance—Online, mixed graduate/undergraduate, Fall 2020

Department of Risk Management, Smeal College of Business, PSU Contemporary Issues in Real Estate Markets, Fall 2016 & 2017 (Instructor) Real Estate and Capital Markets, Spring 2016 & 2018 (Teaching Assistant) Quantitative Analysis for Business, Spring 2017 (Teaching Assistant) Real Estate Fundamentals, Fall 2015 (Teaching Assistant)

Department of Economics, Lee , UNLV Statistical Analysis, MBA, Spring 2012 (Faculty Assistant) Principles of Microeconomics, Fall 2011 (Faculty Assistant)

Academic FMA Diversity Emerging Scholar Initiative, Online, Scheduled October 2020. Presentations AREUEA Virtual Seminar Series, Online*, Scheduled September 2020 PSU-UIC Virtual Brown Bag Seminar, Online, April 2020. FMA Annual Conference, New Orleans, LA, October 2019. Real Estate Finance and Investment Symposium, Cambridge, UK, Sept. 2019. AREUEA National Conference, Washington, DC, May 2019. ARES Annual Meeting, Paradise Valley, AZ, April 2019. Old Dominion University, Northfolk, VA, January 2019. AFA Poster Session, Atlanta, GA, January 2019. University of Illinois at Chicago, Chicago, IL, November 2018. San Diego State University, San Diego, CA, November 2018. FMA Special PhD Paper Presentations, San Diego, CA, October 2018. FMA Doctoral Student Consortium, San Diego, CA, October 2018. AREUEA National Conference, Washington, DC, June 2018. PhD Conference on Real Estate and Housing, Columbus, OH, May 2018. ARES Annual Meeting, Bonita Springs, FL, April 2018. ARES Annual Doctoral Session, Bonita Springs, FL, April 2018. Annual Smeal Student Scholar Symposium, State College, PA, April 2018.

* Research presented by co-author Conference Real Estate Finance and Investment Symposium, Online, Scheduled September 2020. Discussions ARES Annual Meeting, Scottsdale, AZ, April 2019. ARES Annual Meeting, Bonita Springs, FL, April 2018. AREUEA National Conference, Washington, DC, June 2017. FMA Annual Conference, Las Vegas, NV, October 2016.

Referee Real Estate Economics; Journal of Real Estate Finance and Economics

Prior The Pennsylvania State University (University Park, PA) Employment Graduate Assistant, Department of Risk Management, Aug. 2014 - May 2019

University of Nevada, Las Vegas (Las Vegas, NV) Data Analyst, Lied Institute for Real Estate Studies, Jul. 2012 - Aug. 2014 Faculty Assistant, Department of Economics, Aug. 2011 - May 2012 Tutor, The Center for Academic Enrichment & Outreach, Aug. - Dec. 2011

U.S. Department of Interior, Bureau of Land Management (Las Vegas, NV) Realty Tech (STEP, GS-4), Pahrump Office, Jun. - Aug. 2011, Jun. 2012

U.S. Senate Majority Leader’s Office (Multiple Locations) Intern (press and media), Jan. 2011 - Jun. 2011, Washington, D.C. Intern (housing case work), Aug. 2010 - Dec. 2010, Las Vegas, NV

Las Colinas Realty, LLC (Las Vegas, NV) Real Estate Agent/Broker-Salesperson (BS.0143144), Jul. 2009 - Jul. 2012

Awards Guest on Univision’s Desde Nevada Televised Episode: September 2020 and Honors Guest on CapitalIsn’t Podcast: July 2020 The Small Smeal Research Grant: Spring 2019 The Jeanne and Charles Rider Graduate Fellowship: Fall 2018 - Spring 2019 The Ohio State University Real Estate Conference Travel Grant: Spring 2018 American Real Estate Society Best Paper Award in Real Estate Finance (“Preferential Treatment in Financial Contracts: Does Borrower and Broker Race Affect Mortgage Prices?”): Spring 2018 American Real Estate Society Travel Grant: Spring 2018 Real Estate Research Institute Research Travel Grant: Summer 2017 Nomination to the U.S. Delegation Attending the 6th Lindau Meeting on Economic Sciences. Sponsored by Oak Ridge Associated Universities: 2016 Bunton-Waller Graduate Award Program: Fall 2014 Lied Institute of Real Estate Studies Letter of Appointment: Spring 2012 Larry Bolden Scholar: Spring 2011 Political Science Department Scholarship: 2009 Southern Nevada Hispanic Employment Program Scholarship: Fall 2008 Governor Guinn Millennium Scholarship: Fall 2007 - Spring 2010 UNLV Dean’s Honors List: Fall 2007-2009

Languages English (native), Spanish (native), Italian (novice) and Skills ArcGIS, LATEX, Mathematica, Matlab, Python, R, SAS, SPSS, and Stata