Properties Committee

The Medical School Building housing the Jacobs School of Medicine and Biomedical Sciences

The Jacobs School of Medicine and Biomedical Sciences will transform health care and research in Buffalo Niagara.

Our properties committee provides significant cost savings and other betterments to the University at Buffalo through an extensive portfolio of real estate holdings. In addition, the properties committee serves as the board of directors for four affiliates: UBF Corp.; FNUB, Inc.; University at Buffalo Foundation Incubator, Inc.; and UBF Faculty-Student Housing Corp.

Fiscal Year 2022

Chair

  • Steven H. Shepsman

Vice Chair

  • Daniel M. Hamister

Chair-elect

  • Vacant

Members

  • Sheldon M. Berlow
  • Claudia D. Fosket
  • Kathleen T. Grimm
  • Jean C. Powers
  • Sujata Yalamanchili

Special Committee Member

  • David Chiazza
  • Ronald M. Schreiber
Charge
  • Develop and recommend a real property acquisition policy
  • Review, and report annually, rate of return on investment in real property, both individually and collectively
  • Review and report annually current real property holdings of the UB Foundation, including operating statements
  • Review and recommend operating standards for all real property
  • Review appropriate reserves for capital expenditures
  • Recommend acquisition or sale of real property in concert with the finance committee
  • Oversee a real estate gift acquisition program
Meeting Schedule

October, January, May

Staff Support
Michelle Maurer Michelle Maurer
Associate Director of Investments and Real Estate
Phone: (716) 645-8725
Email: mlaiacon@buffalo.edu
Stacy Knapper Stacy Knapper
Chief Executive Officer
Phone: 716-645-3013
Email: sknapper@buffalo.edu