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
Author: Andrew Gordon
Interview with Anne Fadullon – Director of Planning and Development for the City of Philadelphia
Philadelphia has undergone significant real estate development over the past decade. Such growth has had many positive benefits for local communities and residents. That said, many issues that have plagued the region for decades have still remained a concern for planners in Philadelphia. Poverty levels continue to be a major impediment that planners hope to… Continue Reading Interview with Anne Fadullon – Director of Planning and Development for the City of Philadelphia
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
Alternative Financing — Real Estate Crowdfunding
Online crowdfunding is a model that has become increasingly popular over the past decade. Crowdfunding is defined as the practice of funding a project or venture by obtaining small amounts from individuals via the Internet. Several crowdfunding platforms exist and each one serves a different purpose. Some of the most popular are: Kickstarter, Indiegogo, Crowdrise, Razzo,… Continue Reading Alternative Financing — Real Estate Crowdfunding
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
36th Annual Cornell Real Estate Conference – Panel Wrap Up – The Future of Retail
On October 19, 2018, the Cornell Real Estate Council (CREC) hosted the 36th annual real estate conference in New York City. This year’s event featured panel discussions with some of the industry’s most highly regarded visionaries. Speakers offered insights on trends and the future of the real estate industry. The retail panelist, highlighted below, whose conversation… Continue Reading 36th Annual Cornell Real Estate Conference – Panel Wrap Up – The Future of Retail
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