The MIT student of popular imagination is a Tony Stark or a Riri Williams working in a lab and building the technology of the future. Not necessarily someone studying real estate.
Peggy Ghasemlou is doing just that, however, and she’s traveled over thousands of miles and jumped through about as many hoops to do it.
A licensed architect in her hometown of Tehran, Iran’s capital, Ghasemlou enrolled at MIT to pursue her interests in sustainability and inclusion in the fields of architecture and real estate development. Now, after managing visa and travel issues that required her own superhero-like determination, she’s halfway through earning a master of science in real estate development (MSRED) from the School of Architecture and Planning’s Center for Real Estate (CRE). This fall, she will be working with lecturer Jacques Gordon, CRE’s former “executive-in-practice,” on a thesis involving portfolio management.
Throughout her time at MIT, Ghasemlou has enjoyed her program’s balance of economics, technology, sustainability, and design. She says the curriculum has supported and challenged her in equal measure, but above all, she appreciates the program’s emphasis on financial, social, and environmental responsibility.
“I’m so grateful that I chose MSRED, because they are not just thinking about how to make more money,” she says. “They are teaching us about how to make a lasting positive impact.”
It hasn’t been an easy journey. Visa issues, scholarship rejections, and thousands of miles stood between her and MIT, and the challenges didn’t end when she did get to campus, halfway around the world from her home and family. She beat all those odds, however, and is ready for whatever the future brings.
“When I first arrived here, I had three main feelings: relief, hope, and doubt,” she said. “Now, I am just feeling grateful for my time here and the friendships I have made.”