With the hotel and hospitality industry being a leading indicator for U.S. real estate, it is essential that forecasts for 2017 take a macro-level view from the perspective of the hotel sector. The following discussion comes from a presentation by Robert Mandelbaum, Director of Research Information Services, CBRE Hotels, to the Cornell Chapter of HFTP… Continue Reading Where’s the Hospitality Sector Headed in 2017?
Cornell University’s Baker Program in Real Estate was pleased to host Rick Latella and Eric Lewis of Cushman & Wakefield for its weekly Distinguished Speaker Series on Thursday, November 3rd. Rick and Eric are both Executive Managing Directors and Global Practice Leaders within Cushman & Wakefield’s Valuation and Advisory Group, where Rick leads the retail… Continue Reading Rick Latella & Eric Lewis: Dynamic Shifts in the Retail and Hospitality Real Estate Sectors
Amazon is planning to open 2000 grocery stores across the United States, its largest push into the brick and mortar space yet. Internally named “Project Como,” Amazon plans to open 20 Amazon Fresh stores in several major metropolitan areas, including New York and Miami, over the next year. These stores will effectively act as the… Continue Reading Is Amazon Making the Wrong Move?
Jonathan Litt’s Battle with Taubman Highlights Several Key Aspects of the State of Shopping Mall REITs, and the Increasing Importance of Activists Targeting REITs This is Part 1 of a 2-part series that will discuss Jonathan Litt’s battle with Taubman Centers and how it relates to the current state of the real estate market. Activists… Continue Reading Litt and Taubman: Part I
For the better part of the last half century, Los Angeles has been known as a city plagued by urban sprawl. Los Angeles County spans over 500 square miles and houses nearly 3.9 million people, making it home to the second largest metropolitan area in the United States. This sprawl is due to a high level… Continue Reading Why is Los Angeles so Pricey? Blame the Low Vacancy
As the 2016 General Election nears closer, one of the considerations for investors and owners alike is how the outcome of the election will immediately impact the market, as well as how businesses and investments will be impacted as we progress into the new presidential term. Historically, we have seen that markets tend to fall… Continue Reading A Possible Shift in the Market: How the General Election Has Impacted the Market Historically
This represents the fourth article in summary series of the 2016 Cornell NYC Real Estate Conference. The 34th Annual Cornell Real Estate Conference provided insights on many different topics, highlighted by panelists with senior executive positions at large companies such as CBRE, Savills Studley, and Ivanhoé Cambridge. But there was one panel dedicated to individuals… Continue Reading Cornell’s Real Estate Conference Wrap up: Innovating in a Traditional Industry
This is the first article in a summary series of the 2016 Cornell Real Estate Conference. The 2016 Hodes Weill (HW) Institutional Real Estate Allocations Monitor and its findings were presented and discussed at the Cornell Real Estate Conference on October 13-14 in New York City. Baker Program in Real Estate director Dustin Jones and… Continue Reading Cornell Real Estate Conference Wrap Up: Investment Trends Panel
Over the past year, the hospitality industry has witnessed the birth of a colossus. In the wake of the Marriott / Starwood merger, which recently received anti-trust approval in China, the hospitality industry has attempted to project what comes next. Many of the sentiments point to doomsday issues involving non-trivial concerns wrapped around ownership agreements, customer reward programs, and… Continue Reading Hospitality Mergers: Addressing the Changing Guest
2016 Conference Panels: A Look Downstream: An Analysis of Investment Trends The 2016 Hodes Weill Institutional Real Estate Allocations Monitor and its findings will be discussed and summarized at the Cornell Real Estate Conference. Immediately following the presentation by Dustin Jones and Douglas M. Weill (SHA ’88), a panel discussion on the topic of current global… Continue Reading 2016 Cornell Real Estate Conference Panels: Analysis of Investment Trends