After Offer From Anbang-Led Group Puts Marriott-Starwood Deal In Jeopardy, Marriott Answers Right Back Takeover battles capture the imagination of Wall Street and the investing public. The relative rarity of their occurrence in the Real Estate and Hospitality sector only adds to the intrigue when they happen. This most recently happened earlier this year with… Continue Reading Marriott vs. Anbang: Takeover Battle For Starwood Is Reaching Historic Proportions
Author: Matthew Green
Hilton Granted Approval for REIT Spinoff
In December 2015, Hilton Worldwide Holdings, Inc. announced that it was pursuing a spinoff of a portion of its portfolio into a Real Estate Investment Trust (REIT). This follows the industry trend and wider trend of non-purely real estate firms seeking to do the same in order to unlock shareholder value and boost their stocks through the… Continue Reading Hilton Granted Approval for REIT Spinoff
Interview with Andrew Isikoff of the Silverfern Group
The Baker Program in Real Estate’s Distinguished Speaker Series features many successful real estate practitioners who are also alumni of Cornell. The resulting ability to relate to current students experiences and subsequent knowledge of post-Cornell career paths make these individuals among the best who come to Baker. On February 18, the Baker Program’s signature Distinguished… Continue Reading Interview with Andrew Isikoff of the Silverfern Group
Developer Plans Brooklyn’s First Supertall Skyscraper
As a borough, Brooklyn has long been staunchly proud of its uniqueness within the metropolis of New York City. Being a borough where individuals have historically lived rather than worked, tall buildings (200+ feet), while they are found in areas such as Downtown Brooklyn, have never been constructed on anywhere near the scale as that… Continue Reading Developer Plans Brooklyn’s First Supertall Skyscraper
Recap of Capital Flows Discussion at the Cornell Real Estate Conference
Each year, the highlights of the annual Cornell Real Estate Conference are the featured speaker panels. At the 2015 conference, held on October 15-16 in New York City, panel topics included Capital Flows, Trends in Multi-Family, and Energy Efficient Commercial Development. The morning portion of the schedule was kicked off by an introductory discussion from… Continue Reading Recap of Capital Flows Discussion at the Cornell Real Estate Conference
Ben Bernstein ’06 Makes Moves in Brooklyn Residential & Commercial Market
Ben Bernstein is a name that is becoming increasingly familiar to the New York City real estate community at a rapid pace. Bernstein currently serves as President and Co-Founder of RedSky Capital, an integrated real estate development and investment firm based in the Dumbo section of Brooklyn, New York. In this capacity, Bernstein oversees all… Continue Reading Ben Bernstein ’06 Makes Moves in Brooklyn Residential & Commercial Market
Marriott Buying Starwood Hotels and Resorts in Largest Hotel Merger
As the week began this morning, the business world and indeed the Cornell University School of Hotel Administration were hit with the surprise news that Marriott International Inc. has agreed to buy Starwood Hotels and Resorts Worldwide Inc. in a deal valued at $12.2 billion. The deal creates the world’s largest hotel company and concludes… Continue Reading Marriott Buying Starwood Hotels and Resorts in Largest Hotel Merger
2015 Distinguished Speaker Series Kicks Off With Brad Thomas
The Baker Program in Real Estate is proud to begin its 2015-16 Distinguished Speaker Series with Brad Thomas. Thomas currently writes the Intelligent REIT Investor newsletter in addition to a weekly column on REITs for Forbes.com and Forbes magazine. In addition, Thomas publishes several articles per week on Seeking Alpha, the largest financial commentary website… Continue Reading 2015 Distinguished Speaker Series Kicks Off With Brad Thomas