Tag: Cornell Real Estate

Growth of Secondary Office Submarkets in Seattle and Washington D.C.

Dahlia Idris on

Central Business Districts (CBD) submarkets have historically been a sought-after office and retail asset market for international and local businesses.  The concentration of commercial activity, people, and accessibility in the submarket incentivizes businesses to relocate and take advantage of clustering and agglomeration economies.  CBDs often serve as a city’s financial or business district, making them… Continue Reading Growth of Secondary Office Submarkets in Seattle and Washington D.C.

Real Estate as an Institutional Asset: Capital Investment and Fund Management with Douglas M. Weill (SHA ’88)

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The Cornell Baker Program recently welcomed Doug Weill, Founder and Co-Managing Partner of Hodes Weill & Associates as a guest in our Distinguished Speaker Series. Doug Weill and David Hodes founded Hodes Weill & Associates (Hodes Weill) in 2009. Since then, the firm has grown into a leading global capital advisory firm focusing on the… Continue Reading Real Estate as an Institutional Asset: Capital Investment and Fund Management with Douglas M. Weill (SHA ’88)

Place, Joy and Justice: A Placemaking and Urban Planning Lecture by Jay Pitter

Dahlia Idris on

On Friday, September 10, 2021, Jay Pitter, an award-winning placemaker author, and urban planning lecturer, honored us with her presence in the Cornell’s Distinguished Speaker Series, an event organized by the Cornell Architecture, Art, and Planning (AAP) and Baker Program in Real Estate. As a placemaker whose personal aspiration is to create inclusive cities, Ms.… Continue Reading Place, Joy and Justice: A Placemaking and Urban Planning Lecture by Jay Pitter

The Case for Monte Carlo Simulation in Commercial Real Estate Modeling

Blake Smith on

Introduction Robust underwriting is a key element of any commercial real estate (CRE) investor’s success.  Currently, institutional and retail CRE investors typically employ some form of static discounted cash flow (DCF) modelling to value properties and identify attractive investments.  Unfortunately, static DCF modelling suffers from several flaws that stem from its inability to take uncertainty… Continue Reading The Case for Monte Carlo Simulation in Commercial Real Estate Modeling

Drawing Upon Culture: Opportunities for Mexican Sponsors in San Antonio

Patricio Montemayor on

Mexican real estate sponsors should lever their cultural know-how to address overlooked market opportunities in Texas.  South San Antonio can serve as an example of the opportunities available to Latino GPs. Mexican real estate general partners have an advantageous ability to develop and invest in Texas.  Mexican appetite for real estate projects in Texas is… Continue Reading Drawing Upon Culture: Opportunities for Mexican Sponsors in San Antonio

A Crash Course in Affordable Housing: Camber Property Group

Sam Berry on

Rick Gropper and Andrew Moelis know their niche and execute it well.  Together, their understanding of the affordable housing market in New York City has, in short order, established their presence not only in the world of real estate investors, but, perhaps more importantly, the community stakeholders benefitting from their efforts.  After a time as… Continue Reading A Crash Course in Affordable Housing: Camber Property Group

“Hello, Coffee, Goodbye”: The Integration of Hospitality into Office Space

Sam Berry on

Ryan Simonetti has been here before.  No, he has not been through the brut of a global health pandemic, much less guiding an eleven-year-old company that he co-founded through the national lockdown – but he’s no spring chicken either.  His entrepreneurship roots run deep; raised by a father who was a small-business hospitality entrepreneur himself,… Continue Reading “Hello, Coffee, Goodbye”: The Integration of Hospitality into Office Space

Solar Development: Projections and Trends for the 2020’s

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The past decade proved to be an extremely volatile one for the solar industry in the United States. The outlook on the industry in 2010 anticipated high growth as it looked towards 2020, as advances in solar module efficiencies resulted in continuously declining costs. MIT research found that solar module costs fell by 97% from… Continue Reading Solar Development: Projections and Trends for the 2020’s

Identifying Reuse Opportunities Among Cape Cod’s Vacant Motels

John R. Thompson on

This article is a follow-up to an article posted last October that speculated about the viability of reusing distressed motel properties for various types of high-demand housing. In that article, various qualitative factors were laid out which could make certain properties easier to redevelop than others. It concluded that there would also be a mix… Continue Reading Identifying Reuse Opportunities Among Cape Cod’s Vacant Motels

Baker Program Miami Trek Visit: Oppenheim Architecture

Sam Berry on

The first stop of the Cornell Baker Program’s Class of 2021 Miami Trek was a visit to the office of Chad Oppenheim, Principal and Lead Designer of Miami-based Oppenheim Architecture.  The class gathered in the mezzanine conference room inside Oppenheim’s Miami office located in the famous Design District.  The building itself is covered in greenery… Continue Reading Baker Program Miami Trek Visit: Oppenheim Architecture