South Dakota Land and Lending Conference | 2025
Agenda
Time | Event |
---|---|
9-9:15 a.m. | Opening
|
9:15-10:15 a.m. | A Balance of Risks
Sponsored by the Ness Endowed Forum Speakers Series. |
10:15-10:30 a.m. | Break |
10:30-11:30 a.m. | Land 1: Challenges and opportunities in real estate
A panel discussion moderated by Jeff Eckhoff, City of Sioux Falls |
11:30-11:45 a.m. | Break |
11:45 a.m.-12:30 p.m. | Breakout sessions | Sponsored by şŁ˝ÇÖ±˛Ąapp Extension |
12:30-2 p.m. | Lunch | Land 2: Academic programs of advanced study in real estate
A panel discussion moderated by Bill Even, Ness School Advisory Board and Governor's Office of Economic Development |
2-3 p.m. | Lending:
Sponsored by the Ness Endowed Forum Speakers Series. |
3 p.m. | Closing
|
Breakout Sessions
Call for Proposals
The Ness School invites breakout session proposals from real estate industry professionals, researchers and policymakers on topics related to agricultural, commercial, industrial and residential real estate markets in the Northern Great Plains.
The duration of each breakout session is 45 minutes.
The ideal breakout session facilitates meaningful audience participation and practical, deep learning. Session topics may include, for example:
- Real estate valuations in volatile or under-studied markets.
- Strategies for raising capital for real estate investments.
- Land-use policies and zoning regulations.
- Artificial intelligence-driven appraisal methodologies.
Submission Guidelines
Please include in the proposal the following elements:
- Presenter Information
- Names, institutional or organizational affiliations and professional titles of all presenters
- Contact email and phone number for the lead or contact presenter
- Presentation Title
- A clear and engaging title that reflects the session’s content
- Abstract (between 250-500 words)
- A concise summary of the session, its rationale (Why is the session relevant to the conference?), its overall objectives (What practical insights will audience members take away?), its intended audience (Will the session best serve real estate professionals, lenders, private investors, policymakers or academics, for example?) and its format (Does the session consist of a panel discussion with Q&A, an audience-driven case-study analysis, or a presentation with Q&A, for example?).
- Learning Outcomes
- A list of three to five measurable learning outcomes participants can expect to take from the session
- For example, "Participants will understand how artificial intelligence could inform appraisal report writing," or "Participants will identify and compare the trade-offs associated with key sources of funding for small-scale commercial real estate development projects.”
- A list of three to five measurable learning outcomes participants can expect to take from the session
Submission Deadline: July 15, 2025
Notification of Decision: August 1, 2025
Please email your proposal to Joe Santos, subject line: “SDLLC.2025 Breakout Session Proposal.”
Inquiries: Joe Santos.

Sam Chandan is the founding director of the C. H. Chen Institute for Global Real Estate Finance at the NYU Stern School of Business, where he leads the institute’s industry and policy engagement activities, research initiatives and MBA and undergraduate real estate programs, ranked No. 2 and No. 3 respectively among business schools by U.S. News and World Report. The Chen Institute was established in September 2022 and is supported by the largest-ever gift for an institute or center at Stern.
Prior to joining the faculty of Stern’s Finance Department in January 2022, Chandan was the Silverstein Chair and academic dean of the Schack Institute of Real Estate at the NYU School of Professional Studies, one of the world’s largest centers of real estate continuing education. He is a contributor to the World Economic Forum and co-author of its , published in late 2024 and presented at Davos in January 2025.
A Fellow of the Royal Society of Medicine, Royal Society for Public Health, Royal Institution of Chartered Surveyors, and Real Estate Research Institute, Chandan’s multifaceted research interests address real estate capital markets, housing finance and affordability, innovation in financial technology and its application to real estate, urban epidemiology, and the preparedness of global cities and other systemically important urban areas in managing and mitigating novel public health threats.
Chandan’s commentary on commercial and residential real estate markets and the broader economy has been featured regularly in national and global press, including the Wall Street Journal, The Financial Times, CNBC and Bloomberg. He holds an honorary appointment as the economist laureate of the Real Estate Lenders Association and has served on the real estate advisory council of the Federal Reserve Bank of Atlanta.
Chandan received his Ph.D. in applied economics from the Wharton School and was a doctoral scholar in the Economics Department at Princeton University. He served previously on the faculties of the Wharton School and the Economics Department at Dartmouth College. In addition to his doctorate, he holds graduate degrees in epidemiology from Yale University and in economics and engineering from Penn State. He received his undergraduate degree in economics, finance and public policy from the Wharton School.

Xiaozhou Ding is an assistant professor of economics in the Ness School of Management and Economics at South Dakota State University. His research focuses on urban and regional economics — including real estate economics — and labor economics, examining how local policies and public goods, such as education policies and place-based investments, affect neighborhood dynamics, housing markets and mobility.
Ding holds a Ph.D. in economics from the University of Kentucky, an M.S. in economics from Tufts University and a B.S. in finance from Chongqing Technology and Business University in China.
Ding also serves as co-editor-in-chief of The Review of Regional Studies, a journal dedicated to advancing research on regional economic issues.

·ˇł¦°ěłó´Ç´Ú´Ú’s career path includes 16 years as executive director of the Lincoln and Minnehaha county economic development associations, seven years as state director of the South Dakota Small Business Development Center and four years with the city.
He earned a bachelor’s degree at South Dakota State University and a master’s degree at the University of South Dakota.

Mike Eriksen is a professor of economics and the director of the Dean V. White Real Estate Finance Program at Purdue University. He holds a bachelor’s degree in economics and biology from Gonzaga University and a M.A. and Ph.D. in economics from Syracuse University. Eriksen was previously on the faculty at the University of Cincinnati, University of Georgia and Texas Tech University before joining Purdue University in August 2022. In 2019, Eriksen was a visiting scholar at the Federal Reserve Bank of Cleveland.
Eriksen’s research focuses on the interaction of government, businesses and households in housing markets, especially low-income markets. His research appears in top-tier academic journals in public economics, urban economics, and real estate. Eriksen's work has also been cited or featured in the LA Times, The Economist, USA Today, Wall Street Journal, Frontline, National Public Radio’s All Things Considered, Money Magazine, Atlanta Journal-Constitution, Moneywatch and U.S. congressional testimony.
Eriksen is currently on the editorial board of the Journal of Housing Economics and previously served on the board of directors of the American Real Estate and Urban Economics Association, for which he served as the chair of the national conference in 2019 and 2020. Financial support for Eriksen's research has been provided by the John D. and Catherine T. MacArthur Foundation, Pew Charitable Trusts, the National Institutes of Health, Research Institute for Housing America, AARP Foundation, Ohio Department of Transportation and the U.S. Department of Housing and Urban Development.

Bill Even is the commissioner of the South Dakota Governor’s Office of Economic Development, where he leads a team whose mission drives the economic development environment that ensures the next generation can succeed in South Dakota.
Prior to his leadership role with South Dakota Economic Development, Even served nine years as CEO for the National Pork Board, where he lead Pork Checkoff-funded research, promotion and education projects on behalf of America’s 60,000 pork producers. Preceding his CEO tenure, Even served as the Global Industry Relations Lead and Commercial Unit Lead for DuPont Pioneer/Corteva from 2010 to 2016.
Even also served as South Dakota secretary of agriculture from 2007 to 2010, managing six department divisions, namely Agriculture Regulatory Services, Agriculture Development, State Fair, Wildland Fire, Resource Conservation and Forestry, and Agricultural Policy. Even served as deputy secretary of tourism and state development, director of the Governor’s Office of Economic Development, state energy policy director, and policy advisor and executive branch lobbyist for South Dakota Gov. Mike Rounds.
Even holds an A.S. in agricultural production from Lake Area Technical Institute, a B.S. in agricultural business from South Dakota State University; and a juris doctorate from Drake University Law School. While in law school, Even served as executive editor of the Drake Journal of Agricultural Law, clerked for the law firm of Hefner and Bergkamp, P.C., and interned with the Soil and Water Conservation Society and the U.S. Senate Agriculture Committee in Washington, D.C.
Even and his family own and operate a crop and livestock farm near Humboldt, South Dakota. The farm was homesteaded in 1884 by his great-grandfather, and Even began farming in 1983. Even and his wife, Janell, have three children and live in Tea, South Dakota.

Christine Gaffney is the senior vice president of Treasury Services at the Federal Reserve Bank of Minneapolis, where she oversees the bank’s U.S. Treasury operations and maintains strong relationships with partners at the U.S. Treasury and the Federal Reserve Board of Governors. Treasury Services is currently the largest division at the bank.
Prior to serving in her current role, Gaffney served as the senior vice president for Supervision, Regulation and Credit at the bank, where she oversaw the consumer and safety and soundness supervision of state member banks and bank holding companies in the Ninth District. Gaffney was also responsible for the bank’s lending to Ninth District depository institutions and managing the resulting credit risk. Gaffney was also responsible for leading the Paycheck Protection Program Liquidity Facility, which was one of the most critical government responses to the pandemic-induced economic crisis.
Gaffney joined the bank in 2001 in the Supervision, Regulation and Credit department as a consumer affairs examiner and continued in that role through 2008. In the examiner role, Gaffney spent one year at the Board of Governors and four years as key support for the Federal Reserve System’s examiner training efforts. She managed Supervision, Regulation and Credit’s quality assurance and training functions before becoming an assistant vice president in 2011, vice president in 2014, and senior vice president in 2017.
Gaffney holds a Bachelor of Arts degree from the University of Jamestown in North Dakota.

Eric Lynch is an economist in the Survey Research group at the National Association of Home Builders, where he is responsible for conducting and assisting with surveys targeting multifamily housing, remodeling and other related topics. Additionally, Lynch provides data and information on housing-related issues to association members, staff, financial institutions and other stakeholders. Prior to joining National Association of Home Builders, Lynch worked as a senior associate in the Research and Knowledge department at the American Society of Interior Designers, gaining industry knowledge on the built environment and residential market. Lynch holds a B.A. in political science/economics and Spanish from Towson University and a M.S. in applied economics from the University of Maryland.
Lynch is a certified business economist, the certification in business economics and data analytics developed by the National Association for Business Economics. The certified business economist certification documents a professional's accomplishment, experience, abilities and demonstrates mastery of the body of knowledge critical for a successful career in the field of economics and data analytics. CBE and certified business economist are certification marks owned by the National Association for Business Economics.

Gary Painter is the BEARE Chair and Academic Director of the Center for Real Estate at the University of Cincinnati. Painter received his Ph.D. in economics from the University of California, Berkeley, and his undergraduate degree in quantitative economics and decision sciences from the University of California, San Diego.
Painter has extensive expertise in housing, urban economics and social innovation. His work in real estate is shaped by understanding issues of housing affordability and how changing demographics impact U.S. housing markets. His research has appeared in numerous top journals and media outlets.
Painter has previously served as president of the American Real Estate and Urban Economics Association. He has held leadership positions at the National Association of Realtors, Andrew Davidson Co., Fannie Mae the Research Institute for Housing America and served as an expert witness on several real estate and fair housing cases.

Jay Parsons is a rental housing economist and consultant. He has advised numerous multifamily and single-family rental housing stakeholders, from institutional investors, real estate investment trusts, owner-operators, developers, lenders, regulators and government agencies.
In addition to independent consulting and speaking, Parsons serves as a partner in WayMaker (a Texas-based multifamily investment group focused on attainable housing), a principal for Madera Residential (a multifamily owner/operator) and an economics adviser to JPI (a leading apartment developer and builder). Previously, Parsons was the chief economist at RealPage.
Parsons has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, The New York Times and NBC News, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron’s, the Pension Real Estate Association, the Mortgage Bankers Association and American Banker, among others.
Parsons' social media posts attract an average of a half-million impressions per week. He hosts a weekly podcast called The Rent Roll with Jay Parsons, which ranks among the top real estate podcasts on Apple. GlobeSt., a leading trade publication, named Parsons one of its "2023 Influencers in Multifamily Real Estate.” Parsons also serves on the board of advisors for Apartment Life, a faith-based nonprofit serving apartment residents and operators.
Parsons is a graduate of the University of Maryland. He resides in the Dallas area with his wife and their five children.

Diane Swonk is the chief economist for global auditing firm KPMG. Swonk has more than 30 years of experience in financial services and serves on advisory committees to the Federal Reserve Board and its regional banks. Swonk is currently on the U.S. Chamber of Commerce economic advisory board. Having advised the Council of Economic Advisers for the White House under three presidents, Swonk served the maximum two terms on the Congressional Budget Office’s panel of economic advisers.
In 2018, Swonk brought her consultancy firm DS Economics to the audit and consulting firm, Grant Thornton, where she served as chief economist until 2022. She had joined Mesirow Financial after 19 years with Bank One Corporation and its predecessors, working as director of economics, chief economist and senior vice president. She started her career with the legacy First Chicago Corporation in 1985 and quickly moved up the ranks, proving herself as a regional economist with her forecast for a renaissance in the Industrial Midwest just one year later.
Chicago magazine once said about Swonk, “Her name seems the very heartbeat of the business pages.” Listed as one of the “Top Forecasters in the Country” by The Wall Street Journal and rated as one of the most accurate economic forecasters by MSNBC, she has a nearly encyclopedic knowledge of all things economic. Swonk offers audiences a deep, nonpolitical dive into global and domestic economic issues, including where the economy is headed, trade issues, regulation, taxes and the effects of government policy on the markets.
Swonk serves on the board of the Posse Foundation in Chicago, an organization dedicated to improving access to higher education. She also serves on the boards of the Chicago Conservation Center and the National Association of Business Economists Foundation, which awards scholarships to study economics. Additionally, Swonk was a member of the sitting committee and the gender task force at the University of Chicago Booth School of Business; she continues to advise the economics department at the University of Michigan.
Swonk earned her B.A. and M.A. in economics with top honors from the University of Michigan. She was awarded an MBA in finance and strategic planning with top honors from the University of Chicago Booth School of Business.
Ness School of Management and Economics

