Hospitality Mergers: Addressing the Changing Guest

Over the past year, the hospitality industry has witnessed the birth of a colossus. In the wake of the Marriott / Starwood merger, which recently received anti-trust approval in China, the hospitality industry has attempted to project what comes next. Many of the sentiments point to doomsday issues involving non-trivial concerns wrapped around ownership agreements, customer reward programs, and… Continue Reading Hospitality Mergers: Addressing the Changing Guest

2016 Cornell Real Estate Conference Panels: Analysis of Investment Trends

2016 Conference Panels: A Look Downstream: An Analysis of Investment Trends The 2016 Hodes Weill Institutional Real Estate Allocations Monitor and its findings will be discussed and summarized at the Cornell Real Estate Conference.  Immediately following the presentation by Dustin Jones and Douglas M. Weill (SHA ’88), a panel discussion on the topic of current global… Continue Reading 2016 Cornell Real Estate Conference Panels: Analysis of Investment Trends

New York REIT and JBG Cos. – A Case Study of REIT Misalignment

One of the most followed real estate sagas of 2016 was the case of New York REIT (NYRT), in which shareholders actively and publicly faced off against NYRT management in their opposition to an agreed-upon merger with Washington, D.C.-based JBG Companies (JBG). The NYRT-JBG story highlights several modern day issues for REITs. First, it illustrates… Continue Reading New York REIT and JBG Cos. – A Case Study of REIT Misalignment

The GICS Reclassification and its Implications For REITs

August 31, 2016.  This day has been highly anticipated by REIT professionals and investors alike since last year’s announcement that exchange-listed Equity REITs will be elevated into a separate headline sector in the Global Industry Classification Standard (GICS).  In the future, the REIT Industry may look back on 2016 in the same way that it… Continue Reading The GICS Reclassification and its Implications For REITs

Merger of Colony and NorthStar Creates 5th-Largest Real Estate Investment Firm

Colony Capital, NorthStar Asset Management, and NorthStar Realty Finance Combine to Form the 5th Largest Global Real Estate Investment Manager On June 3rd, three leading real estate firms announced that they would merge into a single real estate investment trust with approximately $58 billion in assets.  According to the Wall Street Journal, the three-way stock… Continue Reading Merger of Colony and NorthStar Creates 5th-Largest Real Estate Investment Firm