A Shock Unlike Any Other – Vijay Dandapani (SHA ’87) on the State of NYC’s Hotel Market

The hotel industry in New York City has seen its fair share of macroeconomic shocks over the past few decades.  From the 1975 fiscal crisis, to the stock market crash of 1987, the terrorist attacks of September 11th, and of course the great recession in 2008 – the hotel industry in the financial capital of… Continue Reading A Shock Unlike Any Other – Vijay Dandapani (SHA ’87) on the State of NYC’s Hotel Market

Effectiveness of the Opportunity Zone program

Created to stimulate investment in distressed and low-income communities, Qualified Opportunity Zones (QOZ) have become a hot topic for real estate developers and investors.  The program was enacted as part of the 2017 tax reform law that enable taxpayers to defer tax on eligible capital gains by making an investment in a Qualified Opportunity Fund… Continue Reading Effectiveness of the Opportunity Zone program

Student Housing in India – Challenges and the Way Forward

In this article, the second in a two-part series (Link to Part 1) on student housing in India, current challenges to the industry are examined. The scope is limited to legal and investment challenges that may be encountered by developers, operators, and investors of student housing in India.  Since formal student housing is in its… Continue Reading Student Housing in India – Challenges and the Way Forward

Making the Case for REIT Ownership of Airports:

America’s once world-class infrastructure is in desperate need of repair. In recent years, bridge collapses and other engineering failures have sparked political debate about how the country’s aging public infrastructure should be addressed. Airports are often overlooked in this debate and viewed as less critical infrastructure, despite the fact that 1.7 million Americans get on… Continue Reading Making the Case for REIT Ownership of Airports:

Should Countries Restrict Foreign Real Estate Investment?

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?

DSS Wrap-Up: Jim Dow, Head of Acquisitions, St. Bride’s Managers LLC

This week, the Baker Program in Real Estate welcomed back Cornell alumnus Jim Dow (BA, Economics ‘91) for its Distinguished Speaker Series. Jim is an experienced real estate private equity executive with an extensive background in opportunistic real estate investment management. Jim began his career at Lehman Brothers in the early 90’s and has since… Continue Reading DSS Wrap-Up: Jim Dow, Head of Acquisitions, St. Bride’s Managers LLC

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

What Are Opportunity Zones and How Can Investors Utilize Them?

In 2017, Congress established a new community development program known as Opportunity Zones in order to encourage long-term investments in low-income urban and rural communities nationwide. The Opportunity Zones program provides a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds that are dedicated to investing into Opportunity Zones designated by… Continue Reading What Are Opportunity Zones and How Can Investors Utilize Them?

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)

Chinese Looks to Assert Presence in the Middle East with Oman Industrial City (6 mins)

Inside the Gulf – Part 3 – This series of articles will explore several major projects taking place in the Persian Gulf countries. As the United States takes more of an “America First” approach towards foreign policy, China is looking to step in to the potential void left by the US as the dominant world… Continue Reading Chinese Looks to Assert Presence in the Middle East with Oman Industrial City (6 mins)