Is a Multi-branded Hotel the Right Option for You? Things to Consider Before Investing in a Multi-Branded Hotel Asset

Have you ever heard the phrase “kill two birds with one stone?”  If so, you are not alone.  The growing number of dual- and triple-branded hotels opening up across the U.S. suggests that many hospitality owners, developers and brands are expertly applying this logic to the lodging industry.  Dual- and triple-branded hotels, jointly referred to… Continue Reading Is a Multi-branded Hotel the Right Option for You? Things to Consider Before Investing in a Multi-Branded Hotel Asset

Look Out for the Smart Hotel: The Hospitality Industry is On the Verge of Embracing the Internet of Things

From smart buildings to smart cities, the Internet of Things (IoT) is rapidly shaping the way human beings interact with the built environment and various real estate asset classes. Implementing technology into the built environment now allows us to tailor the inhabitant experience and collect and analyze user data to make better decisions for efficiencies… Continue Reading Look Out for the Smart Hotel: The Hospitality Industry is On the Verge of Embracing the Internet of Things

The Rise of an Urban-Suburban

Come 2019, millennials are projected to overtake baby boomers as the nation’s largest generation (Fry, 2018).  It is imperative to understand how this shift will drive transformation of the built environment in the near future.  Key among millennials preferences, is that of a live-work-play triad characterized as a flexible lifestyle that is experiential in nature… Continue Reading The Rise of an Urban-Suburban

SMART CITIES: TORONTO’S GOOGLE-INFUSED DISTRICT AND LESSONS FROM SONGDO, KOREA

Sidewalk Labs, a sister company of Google that is working with the city of Toronto in revitalizing 750 acres along the city’s Eastern Waterfront, made headlines this year. Controversy arose when questions surrounding data collection, privacy, and who owns the information collected in public began surfacing on the project, Sidewalk Toronto (Scola, 2018). This caused… Continue Reading SMART CITIES: TORONTO’S GOOGLE-INFUSED DISTRICT AND LESSONS FROM SONGDO, KOREA

Mass Timber is Ushering in a New Era of Wood Building

In recent years a small renaissance has taken place in North America regarding wood buildings, propelled by the emergence of “mass timber” construction.  The increased popularity of mass timber is allowing wood buildings to stretch new heights beyond traditional wood-frame construction, ushering in an era of high-rise wood buildings.  For example, the 18-story Brock Commons… Continue Reading Mass Timber is Ushering in a New Era of Wood Building

DSS Wrap-Up: Bruce Menin, Principal, Crescent Heights

On November 8, 2018, the Cornell Baker Program in Real Estate welcomed Bruce Menin, Principal of Crescent Heights, to campus as part of its Distinguished Speaker Series.  Crescent Heights is a vertically-integrated real estate firm that specializes in the development and operation of architecturally distinctive residential high-rises in gateway markets across the country.  After a… Continue Reading DSS Wrap-Up: Bruce Menin, Principal, Crescent Heights

Re-shaping the Built Environment for the Changing Landscapes of Shared Mobility

Among the many aspects of the sharing economy, perhaps none have the ability to influence the built environment as much as shared space and shared mobility. While shared accommodation and work spaces have allowed for an evolution of typologies that embrace large collaborative areas with smaller shared private areas, we have yet to see the… Continue Reading Re-shaping the Built Environment for the Changing Landscapes of Shared Mobility

The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

The United Nations recently published a startling new report that cited the worsening effects of climate change. The report noted that if greenhouse gas emissions continue at the current rate, the temperature of the atmosphere could rise by as much as 2.7 ℉by 2040 (Change, 2018). Buildings, which account for 30-40% of CO2emissions, will a have… Continue Reading The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

“Wicked” Problems and Real Estate Development

Real estate development occurring in the public domain often must grapple with the complicated perspectives of a variety of stakeholders. Practitioners must therefore be adept at addressing divergent values and priorities prudently and delivering results while simultaneously managing expectations. This article will examine one such recent scenario in the capital city of India. Indeed, over… Continue Reading “Wicked” Problems and Real Estate Development

2018 Summer Internships: Lera Covington, Albanese Organization, Inc. (4 min)

  I entered the Baker Program in Real Estate in 2017 as a career switcher.  Having cut my teeth in the financial services industry, I desired to pivot into a career in real estate development where I could create innovative projects with positive social impact.  I decided to intern with Albanese Organization, Inc. this summer… Continue Reading 2018 Summer Internships: Lera Covington, Albanese Organization, Inc. (4 min)