Category: Finance & Investment

The Case for Monte Carlo Simulation in Commercial Real Estate Modeling

Blake Smith on

Introduction Robust underwriting is a key element of any commercial real estate (CRE) investor’s success.  Currently, institutional and retail CRE investors typically employ some form of static discounted cash flow (DCF) modelling to value properties and identify attractive investments.  Unfortunately, static DCF modelling suffers from several flaws that stem from its inability to take uncertainty… Continue Reading The Case for Monte Carlo Simulation in Commercial Real Estate Modeling

Rising Tides: Consolidation and Development in the Marina Industry

Adam Welch on

Marinas, long the domain of local, independent owner-operators, have seen increasing interest from investors over the past 15 years. Now dominated by a few large institutionally backed firms, the industry has quickly transformed from one comprised of properties that store and service boats to one that has seen billions of dollars in capital inflows from… Continue Reading Rising Tides: Consolidation and Development in the Marina Industry

INVESTING IN A STRONGER NEW YORK CITY: SUSH TORGALKAR ON HIS PATH TO FOUNDING SAGE HALL PARTNERS

Blake Smith on

While most of the recent media coverage of New York City’s commercial real estate market has been grim, with Midtown Manhattan being likened to a ghost town, alongside an increase in social unrest, there are still believers in the resiliency of New York City.  Recently, Sush Torgalkar, co-founder of Sage Hall Partners, shared his story,… Continue Reading INVESTING IN A STRONGER NEW YORK CITY: SUSH TORGALKAR ON HIS PATH TO FOUNDING SAGE HALL PARTNERS

Making Affordable Housing Accessible Through More Inclusive Housing Financing : A Case Study of Ghana

Eugene Afranie on

Ghana’s housing crisis is intensifying as the housing affordability bracket of the growing demand is below the average market price point. The challenges posed by the growing demand are predominantly driven by the inability to lease a home or access credit to acquire a home. Though in recent years the Government of Ghana has begun… Continue Reading Making Affordable Housing Accessible Through More Inclusive Housing Financing : A Case Study of Ghana

6th Annual Titans of Real Estate – Honoring Brian Kingston, CEO of Brookfield Property Partners

Adam Welch on

    On Tuesday, April 6th, 2021 Cornell University’s Center for Real Estate and Finance and the Cornell Baker Program in Real Estate hosted the 6th Annual Titans of Real Estate event virtually honoring Brian Kingston, managing partner and CEO of Brookfield Property Partners in an interview with Richard Baker ’88, governor, executive chairman, and… Continue Reading 6th Annual Titans of Real Estate – Honoring Brian Kingston, CEO of Brookfield Property Partners

“Figure out what you love and try to be the best at it” – A Reflection from Gilda Perez-Alvarado (SHA ‘02)

Eugene Afranie on

On Thursday, April 22nd, 2021, the Cornell Baker Program in Real Estate hosted Gilda Perez-Alvarado, the Global Chief Executive Officer of JLL Hotels & Hospitality, a leading professional services firm that specializes in real estate investment advisory. Having graduated from Cornell’s School of Hotel Administration in 2002, Ms. Perez-Alvarado came back to our virtual classroom… Continue Reading “Figure out what you love and try to be the best at it” – A Reflection from Gilda Perez-Alvarado (SHA ‘02)

Solving the Real Estate Puzzle with Adam Greene (B.Arch ’06)

Katherine Selch on

The Cornell Baker Program in Real Estate recently welcomed a distinguished alum of the Architecture, Art & Planning School to discuss real estate development in New York City.  Adam Greene is currently Senior Vice President of Development at RXR Realty and RXR’s Project Executive for 175 Park Avenue.  He previously served as principal for MAG… Continue Reading Solving the Real Estate Puzzle with Adam Greene (B.Arch ’06)

38th Annual Cornell Real Estate Conference: Global Real Estate Institutional Investment Trends moderated by Doug Weill ’88, Co-Founder and Managing Partner at Hodes Weill

Ali Siddiqui on

On Thursday, October 29th, 2020, Doug Weill (’88) presented the eighth annual Institutional Real Estate Allocations Monitor, a survey of global institutions including pension funds, sovereign wealth funds, insurance companies, endowments, and foundations. Leveraging the academic resources of Cornell University’s Baker Program in Real Estate and the institutional advisory experience of Hodes Weill & Associates,… Continue Reading 38th Annual Cornell Real Estate Conference: Global Real Estate Institutional Investment Trends moderated by Doug Weill ’88, Co-Founder and Managing Partner at Hodes Weill

Creating Value Through Resiliency: Guidance from Daniele Horton

Katherine Selch on

Cornell was honored to welcome Daniele Horton as a speaker in the Baker Program’s Distinguished Speaker Series, where she shared her experience as an entrepreneur and sustainability leader in the real estate industry. Daniele Horton, founder and president of Verdani Partners, works with her clients to advance sustainability and resilience for large national and international… Continue Reading Creating Value Through Resiliency: Guidance from Daniele Horton

Minnows & Whales: Raising Equity for Your First Deal – A Conversation with John McNellis

Adam Welch on

There is a myriad of factors to consider when starting out as a real estate developer.  From deciding on a geographic focus, to selecting an asset class, forming relationships with key partners, and securing funding, the learning curve can be intimidating.  Paramount among these tasks is answering the age-old question of “how do I raise… Continue Reading Minnows & Whales: Raising Equity for Your First Deal – A Conversation with John McNellis