DSS Wrap-Up: Karl Mistry (’04), Group President at Toll Brothers

On Thursday, March 7, Karl Mistry returned to Cornell’s Baker Program in Real Estate to deliver an insightful lecture about an oft-ignored topic in professional real estate: single-family home building. Mr. Mistry, who graduated from the program in 2004, has recently attained the title of Group President for the Virginia and Maryland regions of Toll… Continue Reading DSS Wrap-Up: Karl Mistry (’04), Group President at Toll Brothers

Los Angeles Real Estate Trek: Orange County

The following series highlights various experiences from first year Baker Students’ winter trek to Los Angeles. Day 1 Tustin Legacy On the first day of the Baker Program’s Los Angeles trek, students visited Tustin Legacy, a 1600-acre development site that is among the largest undeveloped land tracts in Southern California.  This site was constructed and… Continue Reading Los Angeles Real Estate Trek: Orange County

Last Mile Industrial: Train has Left the Station

Industrial real estate is vanishing in cities across America just as retailers are ramping up their demands for last mile fulfillment. Major players in online retail have gained a larger market share of consumer durable goods, and formerly brick-and-mortar retailers have expanded into this channel.  Online sales are projected to grow by over $600 billion… Continue Reading Last Mile Industrial: Train has Left the Station

Pop-Ups Offer Landlords a Perfect Fit

Developers and landlords are faced with a perennial issue: how can they more fully utilize their properties, particularly during lease-up? The period from building completion to stabilization, and any other period of considerable vacancy in a multi-tenant property, can be a challenging time for landlords. At the same time, consumer behavior is causing creative destruction… Continue Reading Pop-Ups Offer Landlords a Perfect Fit

36th Annual Cornell Real Estate Conference – Panel Wrap Up – How We Live, Work, and Play in 2028

The Cornell Real Estate Council’s 36th annual conference  took place in New York City on October 19th with a “focus on the future”. Of course, most trades invest heavily in predicting consumer behavior to varying degrees, but real estate professionals take a particularly sober interest in future trends because our products are inherently durable and… Continue Reading 36th Annual Cornell Real Estate Conference – Panel Wrap Up – How We Live, Work, and Play in 2028

Even Hospitality is Going Modular

Modular buildings are not a new phenomenon – interest in prefabrication dates as far back as 1935 when Sears Roebuck and Co. announced that it would build and ship fully assembled homes, a touch more sophisticated than its “Modern Homes” catalog version (Emmet, 1965). Prefabricated building manufacturing is stimulated by real estate cycles when labor… Continue Reading Even Hospitality is Going Modular