2019 SUMMER INTERNSHIPS SERIES: JOE MCFALLS, GREYSTAR

This summer I worked in the Boston office of Greystar Real Estate Partners (“Greystar”).  Greystar owns, operates, and develops conventional multifamily, collegiate, and active adult housing in 179 global markets with 52 offices across 12 countries and over 14,000 employees.  Greystar has three industry-leading business lines: development/construction with over $12 billion in development projects currently… Continue Reading 2019 SUMMER INTERNSHIPS SERIES: JOE MCFALLS, GREYSTAR

The Need for Privatized Student Housing

In today’s hyper-competitive college application process, student housing is a focus for many institutions of higher learning.  The administrations and boards of trustees often believe that, by creating more attractive housing opportunities, they can improve their institution’s ability to attract and retain students and faculty residents.  College housing preferences have changed drastically as students are… Continue Reading The Need for Privatized Student Housing

Mass Timber is Ushering in a New Era of Wood Building

In recent years a small renaissance has taken place in North America regarding wood buildings, propelled by the emergence of “mass timber” construction.  The increased popularity of mass timber is allowing wood buildings to stretch new heights beyond traditional wood-frame construction, ushering in an era of high-rise wood buildings.  For example, the 18-story Brock Commons… Continue Reading Mass Timber is Ushering in a New Era of Wood Building

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

Re-shaping the Built Environment for the Changing Landscapes of Shared Mobility

Among the many aspects of the sharing economy, perhaps none have the ability to influence the built environment as much as shared space and shared mobility. While shared accommodation and work spaces have allowed for an evolution of typologies that embrace large collaborative areas with smaller shared private areas, we have yet to see the… Continue Reading Re-shaping the Built Environment for the Changing Landscapes of Shared Mobility

The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

The United Nations recently published a startling new report that cited the worsening effects of climate change. The report noted that if greenhouse gas emissions continue at the current rate, the temperature of the atmosphere could rise by as much as 2.7 ℉by 2040 (Change, 2018). Buildings, which account for 30-40% of CO2emissions, will a have… Continue Reading The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

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

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)

Long Beach: Rebuilding a City through Public-Private Partnerships (5 mins)

(Image Courtesy: Plenary Edgmoor) The new civic center of Long Beach, California currently under construction at a cost of over $500 million, is the largest public-private development of its kind on the West Coast. It is also the result of a city’s long-term commitment to revitalization spanning over a decade and a reflection of its… Continue Reading Long Beach: Rebuilding a City through Public-Private Partnerships (5 mins)

DSS Wrap-up: Nick Lembo and Kirk Goodrich of Monadnock (4 mins)

Real estate development is a field ripe with innovation and potential for impact.  On Thursday, February 8, 2018, the Baker Program of Real Estate hosted two guests for the Distinguished Speakers Series that exemplify both of these qualities: Nick Lembo, Founder and Chairman of Monadnock Construction, Inc. and Kirk Goodrich, Vice President and Director of… Continue Reading DSS Wrap-up: Nick Lembo and Kirk Goodrich of Monadnock (4 mins)