Baker Program Singapore Trek Day 3: CapitaLand, GIC, URA, and CBRE

Halfway through the international trek for 2019-20, the Baker students continued exploring the real estate markets of Singapore and Asia-Pacific.  Beginning the day with CapitaLand, one of Asia’s largest real estate investment management businesses, the group met with Benjamin Ng and other representatives from its Corporate and Strategic Planning team.  CapitaLand’s real estate portfolio is… Continue Reading Baker Program Singapore Trek Day 3: CapitaLand, GIC, URA, and CBRE

Baker Program Singapore Trek Day 2: ARA Asset Management and Housing & Development Board

On Tuesday, January 7th, Baker students began their day at ARA Asset Management’s Singapore headquarters.  In just under two decades ARA has become one of the largest money managers in Singapore.  Founded in 2002 by CEO John Lim, the firm manages S$87 billion ($62.5 billion in USD) across 26 countries and four continents.  Students were… Continue Reading Baker Program Singapore Trek Day 2: ARA Asset Management and Housing & Development Board

Baker ’15 Panelists Return Virtually to Report on Life After Graduation, COVID

This past Thursday, April 23rd, witnessed the fourth annual iteration of the Baker Program’s 5-in-5 panel, in which past graduates of the Baker Program return to recount their career paths post-Cornell.  This year, the “return” of members of the Class of 2015 was virtual, but still drew a large gathering of listening heads on the… Continue Reading Baker ’15 Panelists Return Virtually to Report on Life After Graduation, COVID

Baker Program Singapore Trek Day 1: PGIM and the Marina Bay Sands

The Cornell Baker Program in Real Estate Class of 2020 kicked off its international trek in Singapore on Monday, January 6th, 2020. Singapore’s phenomenal urban transformation since its independence in 1965 has been internationally recognized as a case study in the advocacy for and potential of a strong, centrally planned and state-backed guidance of real… Continue Reading Baker Program Singapore Trek Day 1: PGIM and the Marina Bay Sands

Russ Shattan (SHA ’04): The Hotel Industry Has Always Functioned with Uncertainty

  The good and the bad in hotels usually comes down to their lease structures.  Unlike sectors such as industrial and office that provide investors with some of the longest leases and lowest yields, hotels present an opportunity for savvy and aggressive investors to capitalize on an industry built on travel destinations.  On the one… Continue Reading Russ Shattan (SHA ’04): The Hotel Industry Has Always Functioned with Uncertainty

Jerre Riggs (SHA ’02), Director of Real Estate at Industrious and Andrew Powers (Dyson ’15), Real Estate Manager at Industrious: Meeting the Changing Demands in the Coworking Niche

In light of the COVID-19 outbreak, on Thursday, April 9, 2020, the Cornell Baker Program in Real Estate was thrilled to resume its Spring 2020 Distinguished Speaker Series via video conference.  Cornell alumni Jerre Riggs and Andrew Powers joined us for a discussion about coworking and their company, Industrious. Riggs is Director of Real Estate… Continue Reading Jerre Riggs (SHA ’02), Director of Real Estate at Industrious and Andrew Powers (Dyson ’15), Real Estate Manager at Industrious: Meeting the Changing Demands in the Coworking Niche

Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study

We are pleased to present a ULI case study of the redevelopment of the historic Hahne & Co. building in Newark, New Jersey. This is the first in a series of case studies and briefs jointly created by ULI and Cornell University’s Baker Program in Real Estate. The Baker Program is honored to collaborate with… Continue Reading Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study

DOUGLAS EISENBERG (AAP ‘95), PRINCIPAL OF A&E REAL ESTATE: SLOW AND STEADY GROWTH IN THE NEW YORK MARKET

On Thursday, February 27th, 2020, the Cornell Baker Program in Real Estate hosted Douglas Eisenberg (AAP ‘95), founding principal of A&E Real Estate, a property management and investment firm with multifamily properties throughout New York City.  Mr. Eisenberg was accompanied by Maggie McCormick (B.S. ‘09), the firm’s President. Mr. Eisenberg’s love for New York showed… Continue Reading DOUGLAS EISENBERG (AAP ‘95), PRINCIPAL OF A&E REAL ESTATE: SLOW AND STEADY GROWTH IN THE NEW YORK MARKET

Effectiveness of the Opportunity Zone program

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

Joe LeVine and Ben Pfinsgraff: An Uncommon Vision Creating Community

On Thursday, February 13th, 2020, the Cornell Baker Program in Real Estate had the unique pleasure of hosting two speakers during the week’s Distinguished Speaker Series – Joe Levine and Ben Pfinsgraff. Levine is co-founder of Mercer Street Partners, a New York City-based value-add real estate investment firm, where he leads the acquisitions and asset… Continue Reading Joe LeVine and Ben Pfinsgraff: An Uncommon Vision Creating Community