Dr. Walter Torous is a senior lecturer holding a joint appointment in the Center for Real Estate’s MSRED Program, as well as in the Sloan School of Management. As one of the nation’s leading scholars and researchers in real estate finance, Torous teaches a graduate course in Securitization.

Torous is the founding director of the Ziman Center for Real Estate and Professor Emeritus at UCLA Anderson School of Management. He taught managerial finance, real estate finance, and empirical methods in finance. His research interests include the pricing of financial instruments (options, future, risky debt, mortgages), the reorganization of financially distressed firms, and statistical issues in finance. He previously taught at the University of Michigan and the London Business School.  He received his BMath from the University of Waterloo in 1976 and his PhD from the University of Pennsylvania in 1981, both in economics.