DSS Wrap-Up: Mark Fogel, Founder, President and Chief Executive Officer of ACRES Capital

On Thursday, May 2nd, the Cornell Baker Program in Real Estate welcomed Mark Fogel, Founder, President, and Chief Executive Officer of ACRES Capital, as part of its Distinguished Speaker Series.  Mr. Fogel has more than twenty years of experience in commercial real estate finance, with a focus on providing debt and equity solutions for transitional,… Continue Reading DSS Wrap-Up: Mark Fogel, Founder, President and Chief Executive Officer of ACRES Capital

D.S.S. Wrap-Up: Erica Henning ’96 (A&S), ’97 (MPA)

  This past Thursday, the Baker Program in Real Estate’s Distinguished Speaker Series (DSS) had the pleasure of welcoming Cornell alumna Erica Henning back to campus. After leaving Cornell in 1997 with a Bachelor’s in history and a Master’s degree in public administration, Erica held consultant and financial analyst positions in New York City while… Continue Reading D.S.S. Wrap-Up: Erica Henning ’96 (A&S), ’97 (MPA)

Tokenized Real Estate: Creating New Investing and Financing Channels Through Blockchain

In 2018, New York City-based asset management firm Elevated Returns completed a tokenized real estate offering for $18 million on the Ethereum blockchain. The asset was the St. Regis Resort in Aspen, Colorado. The high-profile property and the employment of an unusual fundraising method caught the attention of investors, fintech enthusiasts and blockchain communities. Not… Continue Reading Tokenized Real Estate: Creating New Investing and Financing Channels Through Blockchain

5th Annual Real Estate Shark Tank at Cornell University

Last week, Cornell University hosted the 5th Annual Real Estate Shark Tank for the graduating class of 2019 of the Baker Program in Real Estate. This capstone project is a culmination of two real-world courses that prepare students to pitch real estate development deals – the first, on the zoning, entitlement and subdivision approval processes,… Continue Reading 5th Annual Real Estate Shark Tank at Cornell University

How Algorithms Will Threaten the American Dream

In commercial real estate the single-family housing market is often treated as a different industry entirely.  Indeed, transactions in single family housing are often conducted between non-sophisticated owners and, more often than not, the financial aspect of the transaction is just one of many factors influencing a prospective buyer’s decision.  Brokers often say a home… Continue Reading How Algorithms Will Threaten the American Dream

DSS WRAP-UP: DARIEN WRIGHT, CHIEF OPERATING OFFICER AT BROOKWOOD HOTELS

On Thursday, April 11th, Darien Wright joined Cornell’s Baker Program in Real Estate to lead an insightful discussion on extended stay hotels.  Mr. Wright began his tenure with Brookfield Property Partners in November of 2017 as Vice President of Asset Management and in February of 2018 ascended to his new role as the Chief Operating… Continue Reading DSS WRAP-UP: DARIEN WRIGHT, CHIEF OPERATING OFFICER AT BROOKWOOD HOTELS

The Need for Land Value Capture in Infrastructure: the case of the Tappan Zee Bridge

Public infrastructure has long been financed through direct government budgetary appropriation, grants, and government borrowing.  The long-term debts have typically been repaid from revenues generated by the asset through user charges, or from the general taxing power of the government.  With an increasingly high demand for infrastructure investments, and limited resources to achieve them, other… Continue Reading The Need for Land Value Capture in Infrastructure: the case of the Tappan Zee Bridge

The Need for Privatized Student Housing

In today’s hyper-competitive college application process, student housing is a focus for many institutions of higher learning.  The administrations and boards of trustees often believe that, by creating more attractive housing opportunities, they can improve their institution’s ability to attract and retain students and faculty residents.  College housing preferences have changed drastically as students are… Continue Reading The Need for Privatized Student Housing

The Growth of Branded Residences

Residential buildings affiliated with popular brands have been around for quite some time. In today’s globalized market, however, they are seeing exponential growth, as wealthy individuals are looking for second homes.  Today there are over 400 branded residences across the globe, accounting for over 55,000 units. The US is the largest market for branded residences,… Continue Reading The Growth of Branded Residences