July 3, 1945 - June 6, 2013
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Marc Andrew Louargand, 67, passed away unexpectedly at his home in West Hartford, CT on June 6, 2013. A native of San Francisco and son of the late Andrew and Edna (McNeil) Louargand, he divided his time between Sacramento and Lake Tahoe during his youth. Marc received his BS from UC Santa Barbara and his MBA and PhD from UCLA. He moved to New England in 1983 and worked tirelessly on transforming a 1790's post and beam barn into a home in Vermont. Marc loved cooking a gourmet meal, pairing it with a fine wine and sharing the feast with family and friends. He leaves behind his wife of 35 years, J.R. McDaniel of CT and daughter, Taylor McDaniel of NY as well as his two sisters, Nancy Dolder of VA and Melanie MacBride of CA, and their spouses, children and grandchildren. Marc was one of the original "founding fathers" of Cornerstone Real Estate Advisers when the firm was established in 1994, and was Managing Director for Investment Strategy, Research and Securities. Marc retired from Cornerstone in 2007 to pursue his passion, which was "angel investing", i.e. providing capital to startup firms. He remained very active in the real estate community, continuing to participate in a number of industry associations and working with the UConn Center for Real Estate and Urban Economic Studies. In addition to his business career, Dr. Louargand was a professor of finance and real estate at California State University Northridge, University of Massachusetts Boston and the Massachusetts Institute of Technology (MIT). While at MIT he was the founding director of the Pension Real Estate Association's Institute, an annual learning program for senior managers in the institutional investment community. He was the Past President of the American Real Estate Society, as well as Editor or Editorial Board Member of numerous real estate journals. He was also a board member of the Counselors of Real Estate, The Counselors of Real Estate Foundation and the American Real Estate Society.
There will be a remembrance gathering and celebration of Marc's life at the Nine Zero Hotel in Boston, MA on July 12, 2013 from 1:00-3:00 pm.
Donations may be made "In memory of Marc Louargand" to support a named scholarship in the UCONN School of Business Real Estate program to be established by his family. Please make checks payable to: "The UConn Foundation, Inc." and forward to the following address: 2390 Alumni Drive, Unit 3206, Storrs, Connecticut 06269.
Published in the Los Angeles Times on June 30, 2013