Academic Director

Dr. Işıl Erol

Dr. Işıl Erol received her BS in City and Regional Planning (1998) from Middle East Technical University (METU), her MSc in Economics (2000) from METU, MPhil in Land Economy (2001) from University of Cambridge, and her PhD in Real Estate Finance (2004) from the University of Cambridge.

After completing her PhD Erol joined METU, Department of Economics where she taught Theory of Finance, Corporate Finance, Real Estate Economics and Finance, and Option Pricing Models courses. From June 2009 to June 2010 Dr. Erol has worked in a consulting and education project for İş Bank employees on the area of primary and secondary mortgage markets and pricing mortgage contracts. Dr. Erol also worked as a project leader in some research projects financed by The Scientific and Technological Research Council of Turkey (TUBITAK).

Her current and recently completed research projects include pricing the fixed-rate mortgage loans in inflationary economies, investigating office rent determinants in Istanbul using Geographic Information Systems (GIS) and Fuzzy Logic modeling, and analyzing the Turkish Real Estate Investment Trusts industry with a focus on inflation-hedging properties and time-varying market risk.

Her areas of specialty are in real estate finance and valuation, residential mortgage markets, mortgage valuation with option pricing models and corporate policy issues in Real Estate Investment Trusts (REITs). Her publications have appeared in the Journal of Housing Economics, Journal of Real Estate Finance and Economics, Urban Geography, and Review of Urban and Regional Development Studies.

Research Affiliates

Dr. Erkan Yönder

Erkan Yönder is an assistant professor of Finance and Real Estate at Ozyegin University. Dr. Yönder completed BS and MS degrees in Economics at Middle East Technical University. He received his PhD degree in Finance and Real Estate at Maastricht University in 2013. He also visited the Center for Real Estate, the Massachusetts Institute of Technology (MIT) in 2012.

Dr. Yönder’s main research interests consist of real estate finance (Real Estate Investment Trusts (REITs), green buildings, commercial real estate), behavioral finance, corporate sustainability and corporate governance. Some of his research projects in these fields have been published in leading academic journals such as Real Estate Economics and the Journal of International Money and Finance.

His research has been recognized and funded by leading academic and private institutions. His work has received the Real Estate Research Institute (RERI) Grant in the United States. One of his papers has also been awarded for the best research article in Finance and Sustainability in Europe by the Principles for Responsible Investment (PRI), a United Nations supported initiative. Additionally, his work on green buildings has been recognized and applied by the FTSE Group, the National Association of Real Estate Investment Trusts (NAREIT) and the US Green Building Council (USGBC) constructing a green property index.

Dr. Yönder has also presented his works at leading universities such as MIT, Yale University, University of California, Los Angeles (UCLA) and Cornell University.

Prof. Dr. Doğan Tırtıroğlu

Professor Doğan Tırtıroğlu joined the Department of Business Administration at Kadir Has University, Istanbul,Turkey in April 2014, upon an almost three-decade academic career that covers USA, Canada, UK and Australia. He is the Chair of the Department and also directs the MBA programs. Prof. Tırtıroğlu holds a PhD in Finance from the University of Connecticut (1991 – USA), an MBA from St. John Fisher College (1987 – USA) and a BSc in Business Administration from the Middle East Technical University (1983 – Turkey). He has published 33 academic articles in well-respected and highly cited academic journals and books and has been chosen by his peers a Fellow of the Homer Hoyt Institute (USA) in recognition of his scholarly research contributions to the real estate literature.

He maintains an active and rich research portfolio in topics that cover the fields of real estate finance, banking, corporate finance, and asset pricing. Prof Tırtıroğlu has taught undergraduate and post-graduate courses on various topics and supervised several students’ undergraduate or post-graduate theses.

Dr. Ayşegül Özbakır

Dr. Ayşegül Özbakır has received her B.Sc. degree from City and Regional Planning from METU in 1998. In 2001, she completed her masters degree in GGIT (Geodetic & Geographical Information Technologies) with the thesis: “Monitoring Urban Land Cover/Use Changes through GIS  and RS Integration: A Case Study in Elmalı Catchment Area”.She has received her PhD from University of Ottawa, Canada, with the thesis: “A New Model for Quality of Urban Places: Integration of Objective and Subjective Indicators Using Information Technologies” in 2006.

Between 2001-2004, she worked for an international project for the neighborhoods of Montreal Island funded by Canada Mortgage and Housing Corporation (CMHC). She was a GIS specialist and worked for the “Greenbelt Protection Plan of Ontario” at the Ministry of Municipal Affairs and Housing between 2004-2006.

Currently, she is working as an Associate Professor at Yildiz Technical University, Faculty of Architecture – City and Regional Planning Department.

Her specialization fields are Geographic Information Science (GIScience), GIS & Remote Sensing, Quality of Place & Quality of Life, Quantitative Analysis Methods, Environmental and Natural Resource Economics, Green Building and Neighbourhood Assessment Systems, Fuzzy Logic and Digital Divide.

She has completed research projects funded by The Scientific and Technological Research Council of Turkey (TUBITAK) and also be an active member of the Council as referee. She retains memberships in APA, IEEE, CAG and has been reviewer for many conferences and journals.

Rumeysa Ceylan

Rumeysa Ceylan has received her B.Sc. degree from City and Regional Planning from Yıldız Technical University in 2014 with the graduation thesis and project: “Planning in Edirne City: With The Perspective of Smart Growth”

Upon graduation she’s admitted to Masters of Regional Planning in Istanbul Technical University and she currently pursues her academic career there.

Rumeysa Ceylan received recognition from ESRI Turkey through Young Scholars program and came second in the competition. She also ranked second in graduation project competition organized by Association of Planning Schools of Turkey.

Her area of studies are Smart Growth, Sustainable Development, Sustainable Transportation Policies, Urban Sprawl, GIS – Network Analysis, Walkability, Accesibility, Mixed Land Use Theory and Compact City: Analysis Methods, Renewable Energy Resources, Spatial Planning and Tourism and Regional Development.