David Shulman

Board Member

David Shulman is a “Managing Director” at Baruch’s Starr Career Development Center where he mentors students seeking front-office careers on Wall Street, a Senior Economist Emeritus at the UCLA Anderson Forecast where he was responsible for U.S. Macro and was a panelist on the Wall Street Journal and Blue Chip conomist surveys. He was a Visiting Professor at the University of Wisconsin where he ran their real estate securities program. He retired from Lehman Brothers where he was Managing Director
and Head REIT analyst in 2005. From 2001-04 he was voted on the Institutional Investor All Star Teams including First Team in 2002. Prior to joining Lehman he was a Member at Ulysses Management LLC (1998-99).

From 1986-1997 Mr. Shulman was employed by Salomon Brothers Inc in various capacities. He was Director of Real Estate Research from 1987-91 and Chief Equity Strategist from 1992-97. He was widely quoted in print and electronic media and he coined the term “Goldilocks Economy.” In 1991 he was named a Managing Director and in 1990 he won the first annual Graaskamp Award for Excellence in Real Estate Research from the Pension Real Estate Association. In 2017 the David Shulman Excellence in Teaching Award at the University of California, Riverside was endowed by a former student of his. He has lived full-time in Santa Fe with his wife Patricia since 2015.

A graduate of Baruch College (1964), Mr. Shulman received his Ph.D. (1975) with a specialization in Finance and a M.B.A. (1966) from the UCLA Graduate School of Management.