2019 SUMMER INTERNSHIPS SERIES: JOE MCFALLS, GREYSTAR

This summer I worked in the Boston office of Greystar Real Estate Partners (“Greystar”).  Greystar owns, operates, and develops conventional multifamily, collegiate, and active adult housing in 179 global markets with 52 offices across 12 countries and over 14,000 employees.  Greystar has three industry-leading business lines: development/construction with over $12 billion in development projects currently… Continue Reading 2019 SUMMER INTERNSHIPS SERIES: JOE MCFALLS, GREYSTAR

2019 SUMMER INTERNSHIPS SERIES: RASHAAD ROBINSON, TOLL BROTHERS

Prior to the start of my studies in the Baker Program in Real Estate, I interned for the summer in Toll Brothers’ corporate headquarters in Horsham, PA.  By spending time with their internal consulting division, I was able to understand and contribute to a multitude of different functions within this Fortune 500, luxury homebuilder.  I… Continue Reading 2019 SUMMER INTERNSHIPS SERIES: RASHAAD ROBINSON, TOLL BROTHERS

2019 SUMMER INTERNSHIPS SERIES: LERA COVINGTON, LENDLEASE

This summer I had the privilege of working as a Summer Acquisitions Associate with Lendlease’s New York City office.  Lendlease is an Australian-based firm that offers services in construction, development and investments.  The company was founded in 1958 by Dick Dusseldorp.  Mr. Dusseldorp was a pioneer in his application of the triple bottom line approach… Continue Reading 2019 SUMMER INTERNSHIPS SERIES: LERA COVINGTON, LENDLEASE

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