We are proud to announce that Real Estate Professor Yongheng Deng was recently appointed the John P. Morgridge Distinguished Chair in Business at the Wisconsin School of Business. The fund for this distinguished chair was established in 2006 with cash gifts from colleagues and friends of John P. Morgridge at Cisco Systems to provide a professorship to an outstanding faculty member at the University of Wisconsin School of Business. Senior Associate Dean Jim Johannes said, “Yongheng is clearly an outstanding scholar and a very worthy recipient of this Chair.”
Deng joined the Department of Real Estate in January of 2018. He is originally from Shanghai, China, and obtained a B.A. in maritime economics from Shanghai Maritime University in 1983, and a Ph.D. in economics from the University of California, Berkeley in 1995. He was an economist with the Office of Federal Housing Enterprise Oversight (OFHEO), a U.S. federal regulator in Washington, D.C. that oversees Fannie Mae and Freddie Mac. Prior to WSB, Deng was a provost’s chair professor and the director of the Institute of Real Estate Studies at the National University of Singapore. His research pertains to a wide variety of issues in real estate finance and urban economics worldwide, including real estate capital market and asset-backed security pricing and risk analysis, econometric analysis of competing risks of mortgage prepayment and default with unobserved heterogeneity.