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

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

MICHAEL SELLMAN (A&S ‘04), CO-CEO OF CALATRAVA GRACE: STARCHITECTURE & DEVELOPMENT IN CENTRAL ASIA

On Thursday, December 5th, 2019, the Cornell Baker Program in Real Estate hosted Michael Sellman (A&S ’04), Co-CEO of Calatrava Grace, a firm focused on international real estate investment and development. The firm’s other Co-CEO, Micael Calatrava leads the global operations of Santiago Calatrava, an internationally acclaimed architect.  Through his colorful lecture, Mr. Sellman introduced… Continue Reading MICHAEL SELLMAN (A&S ‘04), CO-CEO OF CALATRAVA GRACE: STARCHITECTURE & DEVELOPMENT IN CENTRAL ASIA

Construction Costs: On the Rise

The commercial real estate industry is currently riding the wave of the 11th year of its cycle, interest rates are continually getting cut, money is cheap to borrow, and cities are sprawling at a booming rate. With the recent appearance of traditional recessionary indicators, many cautiously optimistic professionals in the industry are wondering what may… Continue Reading Construction Costs: On the Rise

Student Housing in India – The Next Big Thing?

India, a country with one of the largest steadily growing economies in the world, is home to the second-largest student population pursuing post-secondary education.  The current gross enrollment ratio (GER) in post-secondary education is 26.3% (Ministry of Human Resource Development, 2019).  In addition, the Indian government has set a target to enroll 30% of the… Continue Reading Student Housing in India – The Next Big Thing?

Paul Macpherson, Seasoned Real Estate Executive, Reflects on 35+ Year Career Across the Globe

On Thursday, November 21, 2019, the Baker Program in Real Estate had the pleasure of hosting Paul Macpherson for the Distinguished Speaker Series.  This marked Mr. Macpherson’s third time participating in the Baker Program Distinguished Speaker Series.  Having recently retired from his role as Executive Vice President of Global Business & Real Estate Development with… Continue Reading Paul Macpherson, Seasoned Real Estate Executive, Reflects on 35+ Year Career Across the Globe

Sajan Hansji: Defining risks through the lens of a Real Estate Entrepreneur

How one person views risk, may be completely different from how somebody else sees it.  This was the underlying theme of the day when Sajan Hansji visited the Baker Program in Real Estate at Cornell University this past Thursday.  Sajan is an esteemed Hotelie who graduated from Cornell’s School of Hotel Administration in 2004, and… Continue Reading Sajan Hansji: Defining risks through the lens of a Real Estate Entrepreneur

DSS Wrap-up: Lisa Colacurcio, Head of Fund Management at Gemdale USA

On Thursday, November 7, 2019, the Cornell Baker Program in Real Estate welcomed Cornell alumna Lisa Colacurcio back to campus as a speaker in its Fall 2019 Distinguished Speaker Series.  Colacurcio is the Head of Fund Management at Gemdale USA, a U.S.-based real estate development and investment firm whose Chinese parent company, Gemdale Corporation, has… Continue Reading DSS Wrap-up: Lisa Colacurcio, Head of Fund Management at Gemdale USA

Interview with Anne Fadullon – Director of Planning and Development for the City of Philadelphia

Philadelphia has undergone significant real estate development over the past decade. Such growth has had many positive benefits for local communities and residents. That said, many issues that have plagued the region for decades have still remained a concern for planners in Philadelphia. Poverty levels continue to be a major impediment that planners hope to… Continue Reading Interview with Anne Fadullon – Director of Planning and Development for the City of Philadelphia

John Lewis, Baltimore Banker, Does Good, While Doing Good

Cornell’s Baker Program in Real Estate was recently honored to welcome John Lewis (ILR ’98), Executive Vice President of The Harbor Bankshares Corporation, to keynote our weekly Distinguished Speaker Series.  Lewis, is also the Chief Administrative Officer of The Harbor Bankshares Corporation’s principal subsidiary, The Harbor Bank of Maryland where his work in lending is… Continue Reading John Lewis, Baltimore Banker, Does Good, While Doing Good