Molasky Family Gift Names Lee Business School's Department of Economics and Real Estate

July 7, 2026 - 04:48

UNLV has announced that its Department of Economics and Real Estate will now carry the Molasky name, marking the first time an academic department at the university has been formally named in honor of a family. The designation comes as a result of a significant gift from the Molasky family, who have maintained a deep and lasting relationship with the university over several decades.

The newly named Molasky Department of Economics and Real Estate represents a major investment in the future of the region. University officials say the gift will directly support student scholarships, faculty research, and program development within the department. The Molasky family's connection to UNLV stretches back generations, with family members having served on boards, supported capital projects, and contributed to the growth of the institution.

Leaders at the business school emphasized that the naming reflects the family's long-standing commitment to education and economic development in Southern Nevada. The department itself plays a key role in preparing students for careers in finance, real estate, and public policy, all fields that are central to the local economy.

The Molasky family expressed pride in being able to give back to the university in a way that will have a lasting impact on students and faculty. They noted that the department's focus on real estate and economics aligns closely with their own history in business and community building. The gift is expected to help attract top-tier faculty and provide more opportunities for hands-on learning and research.