KISLAK FAMILY FUND PROVIDES $250,000 GIFT TO FLORIDA STATE UNIVERSITY
Gift Expanding the Center for Real Estate Education & Research

Woodbridge, NJ, May 11, 2010 - /FLIERWIRE/-- WOODBRIDGE, NJ, May 11, 2010 - The Florida State University College of Business is the proud recipient of a $250,000 gift from the Kislak Family Fund for its Center for Real Estate Education & Research. The gift will be used to support the expansion of the Center's programs serving students, faculty and the Florida real estate and business community.

"We are so grateful to be receiving support from the Kislak Family Fund," says Dean Gatzlaff, the Center's director and the Mark C. Bane Professor of Business Administration. "With these funds the Center will be able to enhance the opportunities in real estate for our students, faculty and community."

The gift is centered on three initiatives:

• The expansion of the Center's "Market Strategy" forums and creative program partnerships. Held in Miami, Tampa and the north Florida area, the forums are designed to engage Florida's business leaders in addressing the critical issues facing Florida's business communities and real estate industry. Funds are provided to support student participation in these forums, and the program's emerging international partnerships.

• The creation of Kislak Awards to recognize and promote outstanding student achievement.

• The creation of a Kislak Scholars program to support faculty scholars, organize a research symposium for leading scholars in real estate economics and finance, and provide matching support for research grants.

The Kislak gift provides matching funds to the external and internal funding allocated to each of the program initiatives.

Housed in the Department of Risk Management/Insurance, Real Estate and Business Law, the Center for Real Estate Education & Research is established to enhance the FSU real estate program; expand student opportunities; broaden our understanding of the economic, social, and environmental fabric of our urban communities; and engage its alumni, academic and professional constituencies. The real estate program at FSU is consistently ranked among the nation's best.

The Kislak gift also follows the Kislak Family Fund's $2,000,000 gift to New Jersey's Monmouth University in 2006 honoring Kislak's centennial. The University's Real Estate Institute was renamed "The Kislak Real Estate Institute" and the gift enabled the establishment of New Jersey's first undergraduate real estate program, which today is thriving.

The Kislak Family Fund, Inc. is a private philanthropic foundation established in 1993 by Jay and Jean Kislak to support education, arts and humanities, and other worthwhile charitable endeavors in the United States and abroad. Based in Miami Lakes, FL, the fund provides donations to a wide-range of nonprofit organizations and projects.

Established in 1906, The Kislak Organization is an integrated real estate investment, asset management, and brokerage services company. Over the past century, the Kislak Organization has skillfully navigated the changes in the real estate and financial services markets, including achieving success in banking, mortgage, and insurance. Based in Miami, FL, J. I. Kislak, Inc. currently has a portfolio of properties located throughout the United States, with primary emphasis in multifamily. The Kislak Company, headquartered in Woodbridge, NJ, is one of the Northeast's dominant investment sales companies serving the multifamily and retail markets.