Faculty Directory

John H. Vogel Jr.

Clinical Professor of Business Administration






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

Areas of Expertise

Real estate, social entrepreneurship, nonprofit management


Real Estate


John has taught courses in entrepreneurship in the social sector, nonprofit management, and real estate at Tuck since 1992. His areas of research include: affordable housing, B Corporations, sustainable buildings and real estate capital markets.

Current Research Topics

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

Professional Activities

Academic positions

  • Tuck School of Business, 1992–present
  • Associate Faculty Director for Corporate Citizenship, 2004–17, Faculty Director, 2001–04, Center for Business, Government & 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

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