John H. Vogel Jr.

Adjunct Professor of Business Administration; Associate Faculty Director, Center for Business & Society


DegreeMBA, Harvard University, 1980; MA, University of Virginia, 1974; BA, Carleton College, 1972

AREAS OF EXPERTISEReal estate, social entrepreneurship, nonprofit management

Current Research Topics

  • Real estate finance
  • Social impact bonds
  • B corporations
  • Social entrepreneurship
  • Affordable housing

Selected Publications

  • "A Practical (and Possibly Provocative) Approach to Leadership Transitions," Nonprofit Quarterly, May 2015
  • "Crowdfunding for Real Estate," The Real Estate Finance Journal, Summer/Fall 2014
  • "Rethinking Affordable Housing in the United States and Israel," The Real Estate Finance Journal, Summer 2013
  • "A Tale of Two Turnarounds," The Non-Profit Quarterly, Summer 2012
  • "Is it a Good Time to Buy Office Buildings?" The Real Estate Finance Journal, Summer 2012
  • "Fannie and Freddie, Why Not Try Something Bold?" The Real Estate Finance Journal, Winter 2011
  • "Energy Efficiency Retrofits," Urban Land, December 2010
  • "Forces That are Changing REITs Forever," Real Estate Finance, October 2009
  • With S.G. Isabel and J.S. Bryant, "Laws, Not Lawyers," Stanford Social Innovation Review, Summer 2007
  • "Why India Is Not the Next China," Real Estate Finance, February 2007
  • "Real Estate," chapter in The Handbook of Modern Finance, Warren, Gorham and Lamont, 2003
  • "The Amazing Rise of Commercial Mortgage-Backed Securities: How an Inferior Product Prevailed," Real Estate Finance, June 2003
  • "10 Principles to Guide an Affordable Housing Program," Multifamily Trends, Urban Land Institute, 2002
  • "Why the New Conventional Wisdom About REITs Is Wrong," Real Estate Finance, 1997
  • Eight chapters in The Real Estate Challenge, Capitalizing on Change, Prentice Hall, 1996

Professional Activities

Academic positions

  • Tuck School of Business, 1992–present
  • Associate Faculty Director for Corporate Citizenship, 2004–present, Faculty Director, 2001–04, Center for Business & Society, Faculty Director, LEAD Program, 1998–2003, Tuck School of Business
  • Lecturer, 1994–96, Associate Fellow, 1980–82, Harvard Business School
  • Lecturer, Harvard Graduate School of Design, 1989–90
  • Adjunct Associate Professor, Yale School of Management, 1984–87  

Nonacademic positions

  • Commission on the Financing and Delivery of Affordable Housing (appointed by the Vermont legislature), 2010–11
  • Monthly commentator on Vermont Public Radio

Board memberships

  • Faculty Advisory Board, The William Jewett Tucker Foundation
  • Board Member, HOPE Foundation
  • Vice Chairman, Housing Vermont

Editorial positions

  • Editorial Board, Real Estate Finance