How FASB’s New Guidance on Lease Accounting Will Affect Co-Working Companies (4 mins)

Beginning December 15th, 2018, the Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) issued in February 2016 will go into effect, requiring organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. The ASU will take effect for public companies for… Continue Reading How FASB’s New Guidance on Lease Accounting Will Affect Co-Working Companies (4 mins)

DSS Wrap-up: Alumni panel (5 mins)

The alumni panel for the Distinguished Speaker Series for 2018 had the following Cornell alumni talk to students about their success in the industry:   Jonathan Cohen ’10 Jonathan has been in the real estate and construction industry for over 12 years. As a builder, Jonathan has overseen over 400 million dollars of construction including, residential,… Continue Reading DSS Wrap-up: Alumni panel (5 mins)

The State Of Economic Development (7 mins)

The Strategy Of Real Estate Economic Development The fourth in a series of articles on how changes in port infrastructure and development can impact industrial real estate. The previous article addressed inland ports’ impact on industrial real estate.  To read the previous article in this series, Inland Possibilities, please click here. U.S. agriculture is a good… Continue Reading The State Of Economic Development (7 mins)

The Potential of Machine Learning Real Estate Valuation Models (5 mins)

Property valuation is a necessary task for parties across the real estate industry. Development, investment, lending, and brokerage all rely on determining the value of property by either using external valuations and appraisals or by constructing internal valuation models, typically on ARGUS or Excel. Underwriting is core to the real estate industry as it is… Continue Reading The Potential of Machine Learning Real Estate Valuation Models (5 mins)

Implications of Trump’s Steel Tariff (5 mins)

In a move with wide-reaching implications for the real estate industry, President Donald Trump imposed new tariffs on imported steel and aluminum on March 8, 2018.  The tariffs of 25% on imported steel and 10% on imported aluminum have already created strain on international trade relationships, with 24 World Trade Organization countries scheduled to meet… Continue Reading Implications of Trump’s Steel Tariff (5 mins)

DSS Wrap-Up: Douglas Gottschalk of EY (3 mins)

Cornell’s Baker Program in Real Estate was pleased to welcome Douglas Gottschalk, the U.S. head of corporate real estate at EY, to our Distinguished Speaker Series on March 22. Mr. Gottschalk shared his unique perspective on real estate consulting for corporate clients and all in attendance were treated to a lively discussion, full of both… Continue Reading DSS Wrap-Up: Douglas Gottschalk of EY (3 mins)

DSS Wrap-Up: Joshua Eisenberg, Executive Vice President and Co-General Counsel of Urban American (3 mins)

Last week, the Baker Program in Real Estate had the special honor of welcoming alumnus Mr. Joshua Eisenberg to speak at the weekly Cornell Real Estate Distinguished Speaker Series.  Mr. Eisenberg is an Executive Vice President and Co-General Counsel of Urban American Management, a real estate investment and management firm of multifamily properties in the… Continue Reading DSS Wrap-Up: Joshua Eisenberg, Executive Vice President and Co-General Counsel of Urban American (3 mins)

Innovations in “Big Data” Are Impacting Real Estate Investment (4 mins)

  Big data analysis and data science techniques applied to public and private datasets is nothing new, but recent growth in the quality of information and its use in commercial real estate is. Commercial real estate is a $12 trillion industry and the ability to make better data-driven decisions can save time and money for… Continue Reading Innovations in “Big Data” Are Impacting Real Estate Investment (4 mins)

Grand Mosque Expansion Highlights Growth of Saudi Arabian Tourism Industry (6 mins)

Inside the Gulf – Part 2 – This series of articles will explore several major projects taking place in the Persian Gulf countries. Saudi Arabian crown prince Muhammad bin Salman is currently on a tour of the West meeting with leaders from France, the United Kingdom and the United States. This is his first solo… Continue Reading Grand Mosque Expansion Highlights Growth of Saudi Arabian Tourism Industry (6 mins)

Dharavi: When a Slum becomes a Goldmine (6 mins)

Mumbai is India’s financial and commercial capital, home to over 18.5 million people packed into just over 233 square miles (603 square kilometers).[1]  India has seen incredible growth in its GDP since the economic reforms of 1991, with economic growth often above 9% annually over the past 27 years.[2]  Because of this massive growth, Mumbai… Continue Reading Dharavi: When a Slum becomes a Goldmine (6 mins)