DSS Wrap-Up: Bruce Menin, Principal, Crescent Heights

On November 8, 2018, the Cornell Baker Program in Real Estate welcomed Bruce Menin, Principal of Crescent Heights, to campus as part of its Distinguished Speaker Series.  Crescent Heights is a vertically-integrated real estate firm that specializes in the development and operation of architecturally distinctive residential high-rises in gateway markets across the country.  After a… Continue Reading DSS Wrap-Up: Bruce Menin, Principal, Crescent Heights

Seth Klarman, CAS ’79 – Keynote Speaker – 36th Annual Cornell Real Estate Conference

On October 19, 2018, the Cornell Real Estate Council (CREC) was pleased to welcome alumnus Seth Klarman (CAS ’79) to the 36th annual Cornell Real Estate Conference as the keynote speaker. Mr. Klarman is the CEO of The Baupost Group, a privately held investment management company with approximately $30 billion in assets. Mr. Klarman has… Continue Reading Seth Klarman, CAS ’79 – Keynote Speaker – 36th Annual Cornell Real Estate Conference

Kenneth Himmel (SHA ’70) Honored with the 2018 Industry Leader Award at the 36th Annual Cornell Real Estate Conference

Each year at the Cornell University Real Estate Conference in New York City, the editors of the Cornell Real Estate Review honor a leader who has made a demonstrable impact on the real estate industry at a global scale, as well as a service-minded contribution to society.  The 2018 recipient of the Industry Leader Award… Continue Reading Kenneth Himmel (SHA ’70) Honored with the 2018 Industry Leader Award at the 36th Annual Cornell Real Estate Conference

36th Annual Cornell Real Estate Conference – Panel Wrap Up – How We Live, Work, and Play in 2028

The Cornell Real Estate Council’s 36th annual conference  took place in New York City on October 19th with a “focus on the future”. Of course, most trades invest heavily in predicting consumer behavior to varying degrees, but real estate professionals take a particularly sober interest in future trends because our products are inherently durable and… Continue Reading 36th Annual Cornell Real Estate Conference – Panel Wrap Up – How We Live, Work, and Play in 2028

REIT Sector Likely to See More Consolidation

Consolidation in the real estate investment trust (REIT) industry has become more prevalent in recent years, a trend that is likely to continue. There are a variety of factors contributing to the accelerated consolidation of firms in the industry – from favorable current economic conditions that are generating increased economies of scale to optimization opportunities… Continue Reading REIT Sector Likely to See More Consolidation

EB-5 Financing Once Again Faces an Uncertain Future

Photo Credit:  Neil Moralee via Compfight Governmental sources of funding are often contentious or controversial in real estate projects, but perhaps none is more politically charged than EB-5 financing. Named after the United States Customs and Immigration program which provides, “employment based”  pathways for foreign citizens to gain green cards and, eventually, full citizenship, the… Continue Reading EB-5 Financing Once Again Faces an Uncertain Future

DSS Wrap-up: Matthew D. Shore (’00), Chief Investment Officer – DRA Advisors

This week, the Baker Program in Real Estate welcomed back another alumnus of Cornell, Matthew Shore (Cornell ‘00), for its Distinguished Speaker Series. Matthew is the Chief Investment Officer at DRA Advisors, an investment advisory firm specializing in real estate investment and management services for institutional and private investors with over $11 billion in assets… Continue Reading DSS Wrap-up: Matthew D. Shore (’00), Chief Investment Officer – DRA Advisors

DSS Wrap-Up: Barry DiRaimondo (MBA ’85), CEO of SteelWave LLC

On September 27, 2018, the Cornell Baker Program in Real Estate welcomed Barry DiRaimondo, Chief Executive Officer of SteelWave LLC, to campus as part of the program’s Distinguished Speaker Series.  SteelWave is a full-service real estate manager, operator and investor headquartered outside of San Francisco, California.  SteelWave’s portfolio consists of approximately 12 million square feet… Continue Reading DSS Wrap-Up: Barry DiRaimondo (MBA ’85), CEO of SteelWave LLC

Qatar Looks to Take Lead in US Real Estate Investments by Gulf Wealth Funds (6 mins)

Inside the Gulf – Part 4 – This series of articles will explore several major projects taking place in the Persian Gulf countries. While much of the news coming out of Qatar over the last few years has been its recent battle with its neighbors in Saudi Arabia and the United Arab Emirates who established… Continue Reading Qatar Looks to Take Lead in US Real Estate Investments by Gulf Wealth Funds (6 mins)

How Vulnerable is Commercial Real Estate to a Cyber Attack? (4 mins)

Issues around cyber security are nothing new for companies in the digital age but considering the recent headlines around the Cambridge Analytica scandal and the Equifax Credit Reporting hack, a new emphasis on how we in commercial real estate think about data protection might be warranted. Data breaches commonly involve the taking of consumer data,… Continue Reading How Vulnerable is Commercial Real Estate to a Cyber Attack? (4 mins)