People - JUNE 11, 2013

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Cornerstone Real Estate Adviser co-founder passes away

by Sara Kassabian

Marc Louargand, Ph.D., a leading figure in the commercial real estate investment industry and globally recognized urban economist, passed away suddenly on June 6.

Louargand had more than 40 years’ experience in all major aspects of the real estate industry. He co-founded Cornerstone Real Estate Advisers and served as the chief investment strategist from 1993 until his retirement in 2007. After retiring from Cornerstone, Louargand founded and served as principal at Saltash Partners LLC, an investment firm dedicated to entrepreneurial opportunities.

Another venture he was involved in was the James R. Webb American Real Estate Society (Webb-ARES) foundation, which was established by the ARES board of directors in 1986 and funds the doctoral seminar by providing grants to scholars from sub-Saharan Africa and other developing countries, while also funding manuscript prizes. Louargand acted as t

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