Foreign real estate investment in major cities throughout the world has increased rapidly in recent years. Investors from the U.S., China, and the Middle East have turned to foreign real estate markets to capitalize on tax advantages, stable growth prospects, and political security (French, 2015). Investing in foreign markets has also provided portfolio diversification benefits… Continue Reading Should Countries Restrict Foreign Real Estate Investment?
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)
Last week the Baker Program had the pleasure to welcome an extremely accomplished Cornell alumna to the Distinguished Speaker Series. Tammy Jones is the Co-Founder and Chief Executive Office of Basis Investment Group, an investment management company located in New York City. Tammy graduated from Cornell with a bachelor’s in economics, and then went on… Continue Reading DSS Wrap-up: Tammy Jones, Founder of Basis Investment Group (4 mins)
Blockchain technologies, specifically cryptocurrencies like Bitcoin have been making headlines lately as the world begins to utilize them in various transactions. Once stigmatized as a tool to enable money laundering, drug dealing, murder for hire and other illicit “dark web” transactions on sites like Silkroad, these technologies have shed their stigma, gone mainstream and minted… Continue Reading Bitcoin is Impacting Multi-Family Real Estate Transactions, What’s Next?
Every year New York City hosts the Cornell Real Estate Council’s annual conference, bringing together esteemed professionals to discuss some of the most important issues within our industry. This year is no different, where the topic will be Mega Trends. To discuss the topic of Mega Trends affecting real estate, the Cornell Real Estate Council… Continue Reading Cornell Real Estate Conference Keynote Speaker: Dr. Thomas R. Arnold, Deputy Global Head & Head of Americas-RE, Abu Dhabi Investment Authority
Senior living – including senior apartments, retirement homes, and nursing homes – has been a growing area of interest among real estate students here in the Baker Program. With an aging generation of baby boomers and a healthy investment environment for pension funds, broad population demographics in the US seem poised to support growth in… Continue Reading Shifting Fundamentals Shaping Senior Living