Avis Devine

Avis Devine is an Associate Professor of Real Estate Finance and Sustainability with the Brookfield Centre in Real Estate and Infrastructure.  Dr. Devine’s previous appointment was as an Assistant Professor of Real Estate with University of Guelph’s College of Business and Economics. Prior to her academic career, she was the Assistant Vice President in charge of commercial real estate underwriting and valuation for Dollar Bank, FSB in Pittsburgh, PA. Avis has a B.S. from Westminster College, an M.B.A. from Duquesne University, and a Ph.D. in Finance from the University of Cincinnati. Her research interests include Sustainability and ESG in Real Estate, Commercial Real Estate, Multifamily Housing, and Emerging Markets.

Dr. Devine’s body of research largely focuses on the financial and firm/fund performance impacts of sustainability on commercial real estate.  Her research garners much industry support and has won several research awards and grants, including the 2017 Nick Tyrrell Research Prize in Real Estate Investment and a 2021 research grant from the Real Estate Research Institute (RERI).  Avis’ work has been featured in The Globe and MailThe Financial PostThe Business MirrorCommercial Property Executive, and Business in Vancouver among others.