Richard Baker (SHA ’88) In Talks to Acquire Macy’s

Canadian retailer Hudson’s Bay Co., of which Baker Program in Real Estate benefactor Richard Baker (SHA ’88) is Governor and Executive Chairman, is in preliminary discussions regarding a potential takeover of leading U.S. department store chain Macy’s Inc. (NYSE: M), The Wall Street Journal reported on Friday, citing “people familiar with the matter.” Many commentators and analysts… Continue Reading Richard Baker (SHA ’88) In Talks to Acquire Macy’s

Distinguished Speaker Series: Mr. Timothy J. Mayopoulos, the President and CEO of Fannie Mae

On February 9th, we have the distinct honor of hosting Mr. Tim J. Mayopoulos ’80, the President and Chief Executive Officer (CEO) of Fannie Mae for the distinguished speaker series. Tim started his career with investment banking and held positions with at Deutsche Bank, First Boston and Credit Suisse. He was Executive Vice President and General… Continue Reading Distinguished Speaker Series: Mr. Timothy J. Mayopoulos, the President and CEO of Fannie Mae

Ben Bernstein, Co-Founder and Principal of RedSky: “The Ace Assembler”

The Cornell Baker Program in Real Estate had the pleasure of welcoming Ben Bernstein, Co-Founder and Principal of RedSky Capital and RedSky Management, to campus as our first Distinguished Speaker of 2017. Ben graciously shared some of the lessons that he’s learned since launching RedSky with fellow Cornell alum Benjamin Stokes (CALS ’06) after graduating… Continue Reading Ben Bernstein, Co-Founder and Principal of RedSky: “The Ace Assembler”

Distinguished Speaker Series: Starwood Property Trust President and Managing Director Jeffrey DiModica

Cornell’s Baker Program in Real Estate’s Distinguished Speaker Series is pleased to feature Jeffrey DiModica as the next featured guest for the 2016-2017 series. DiModica has served as the President of Starwood Property Trust since 2014, and as a director of Starwood Property Trust since its inception in 2009. Prior to working at Starwood Property… Continue Reading Distinguished Speaker Series: Starwood Property Trust President and Managing Director Jeffrey DiModica

Fidel has Passed on, Now What for Cuba and Hospitality? (Part One)

With the death of Fidel Castro, Cuba has the opportunity for a fully invested relationship with the United States. Obviously, this projected relationship depends on the policies ushered forward jointly between Raul Castro and President Donald Trump, along with the current Republican dominated U.S. Congress. For fifty years, no United States President had formal interaction… Continue Reading Fidel has Passed on, Now What for Cuba and Hospitality? (Part One)

Songdo, Korea: Day 3

On December 19-22, 2016, Second-Year Baker students visited Seoul, South Korea to participate in the program’s inaugural intercontinental real estate trek.  Having completed an exciting, revised curriculum that highlights the importance of the global economy in real estate, the trip enabled students’ knowledge to come full circle in their second year.  This article highlights the… Continue Reading Songdo, Korea: Day 3

Seoul Korea: Day Two

With an exciting revised curriculum which highlights the importance of global real estate, second year Baker students participated in the first intercontinental real estate trek from December 19- 22, 2016. For this inaugural intercontinental trip, students visited South Korea. This highlights the second day of the trip, and is the second part in a three… Continue Reading Seoul Korea: Day Two

Seoul, Korea: Day One

On December 19-22, 2016, Second-Year Baker students visited Seoul, South Korea to participate in the program’s inaugural intercontinental real estate trek.  Having completed an exciting, revised curriculum that highlights the importance of the global economy in real estate, the trip enabled student’s knowledge to come full circle.  This article highlights the first official day of… Continue Reading Seoul, Korea: Day One

US Real Estate Investment in post-Brexit Great Britain

Nearly seven months have passed since the United Kingdom’s June 23, 2016 vote to exit the European Union – a referendum commonly referred to as Brexit. The referendum has had wide-ranging economic consequences within the United Kingdom and throughout the global economy. Prior to the results of the June 23 referendum, the inter-bank exchange rate… Continue Reading US Real Estate Investment in post-Brexit Great Britain

Trump: Winner of Presidency, Loser of Luxury Brand?

Donald Trump, the 45th President-Elect of the United States, is a controversial man and has been his entire life. From “The Apprentice” to “Miss Universe”, Trump has always found his way into mainstream media and has been known as one of the foremost developers in New York. During his presidential campaign, Trump worked hard to portray… Continue Reading Trump: Winner of Presidency, Loser of Luxury Brand?