Category: Finance & Investment

38th Annual Cornell Real Estate Conference: The 2020 Cornell Industry Leader Award (Tammy Jones ’87, interviewed by Kirk Sykes ’81)

Katherine Selch on

The 38th annual Cornell Real Estate Conference, presented by the Cornell Real Estate Council, concluded on November 11th with the virtual presentation of the 2020 Cornell Industry Leader Award.  This annual award, presented since 2007 by the editors of the Cornell Real Estate Review, recognizes a titan in the field who has made significant contributions… Continue Reading 38th Annual Cornell Real Estate Conference: The 2020 Cornell Industry Leader Award (Tammy Jones ’87, interviewed by Kirk Sykes ’81)

38th Annual Cornell Real Estate Conference: Insights on Real Estate Capital Markets from Leaders on Wall Street (Jeffrey D. Horowitz ’86, Warren de Haan ’97, Sherry Rexroad, and Ralph Rosenberg)

Blake Smith on

As part of the 38th Annual Cornell Real Estate Conference, Cornell remotely hosted Ralph Rosenberg, KKR’s Global Head of Real Estate; Sherry Rexroad, Senior Product Strategist for Global Real Estate Asset Securities at Blackrock, and Warren De Haan ‘97, Head of Origination at ACORE for a discussion on Real Estate Capital Markets.  The round table… Continue Reading 38th Annual Cornell Real Estate Conference: Insights on Real Estate Capital Markets from Leaders on Wall Street (Jeffrey D. Horowitz ’86, Warren de Haan ’97, Sherry Rexroad, and Ralph Rosenberg)

38th Annual Cornell Real Estate Conference – Macro Trends and Market Insights (Andrew Ross Sorkin ‘99 and Abby Joseph Cohen ‘73)

Adam Welch on

“Where are we? And what does the future look like?” These two questions guided the first virtual session of the 38th Annual Cornell Real Estate Conference, a discussion of Macro Trends and Market Insights between Andrew Ross Sorkin (’99) and Abby Joseph Cohen (’73).  In front of over 1,000 guests who tuned in on October… Continue Reading 38th Annual Cornell Real Estate Conference – Macro Trends and Market Insights (Andrew Ross Sorkin ‘99 and Abby Joseph Cohen ‘73)

Effectiveness of the Opportunity Zone program

Andrew Gordon on

Created to stimulate investment in distressed and low-income communities, Qualified Opportunity Zones (QOZ) have become a hot topic for real estate developers and investors.  The program was enacted as part of the 2017 tax reform law that enable taxpayers to defer tax on eligible capital gains by making an investment in a Qualified Opportunity Fund… Continue Reading Effectiveness of the Opportunity Zone program

Student Housing in India – Challenges and the Way Forward

Samyak Jain on

In this article, the second in a two-part series (Link to Part 1) on student housing in India, current challenges to the industry are examined. The scope is limited to legal and investment challenges that may be encountered by developers, operators, and investors of student housing in India.  Since formal student housing is in its… Continue Reading Student Housing in India – Challenges and the Way Forward

Middle-Tier Suburban Retail: A Southern Anomaly?

Sam Berry on

The mass population exodus to the suburbs in the 1950’s and 1960’s resulted in the creation of hundreds of thousands of new suburban homes across the country, and thus, the birth of the suburban shopping center. While suburban growth rates naturally varied by region, the Southeastern United States benefited from multiple factors which encouraged the… Continue Reading Middle-Tier Suburban Retail: A Southern Anomaly?

Time for a Resurgence of Rental Apartments in Toronto

Joshua Lau on

Introduction Fig 1. Rendering of “The #Unignorable Tower.” Photo Credit: United Way Greater Toronto & Norm Li (Li, 2019) As it rises to become a formidable economy, Toronto faces a crucial time in its history.  The problems of housing shortage and affordability have persisted in the past, but are now even more prevalent as the… Continue Reading Time for a Resurgence of Rental Apartments in Toronto

Value for Money Analysis as a Decision-Making tool for Public-Private Partnerships

Ryan Christopher Sequeira on

The benefits of involving the private sector in traditionally public roles of delivery and operations of mega-projects include the sharing of risks, more effective vetting of the financial viability of projects, integrating resources, applying best practices and innovations, and establishing a life cycle-long perspective of costs and accountability (Rocca, 2017). Amidst the context of strained… Continue Reading Value for Money Analysis as a Decision-Making tool for Public-Private Partnerships

Tokenized Real Estate: Creating New Investing and Financing Channels Through Blockchain

Jimin Won on

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

The Need for Land Value Capture in Infrastructure: The Case of the Tappan Zee Bridge

Ryan Christopher Sequeira on

Public infrastructure has long been financed through direct government budgetary appropriation, grants, and government borrowing.  The long-term debts have typically been repaid from revenues generated by the asset through user charges, or from the general taxing power of the government.  With an increasingly high demand for infrastructure investments, and limited resources to achieve them, other… Continue Reading The Need for Land Value Capture in Infrastructure: The Case of the Tappan Zee Bridge