on Residential buildings affiliated with popular brands have been around for quite some time. In today’s globalized market, however, they are seeing exponential growth, as wealthy individuals are looking for second homes. Today there are over 400 branded residences across the globe, accounting for over 55,000 units. The US is the largest market for branded residences,… Continue Reading The Growth of Branded Residences
on From smart buildings to smart cities, the Internet of Things (IoT) is rapidly shaping the way human beings interact with the built environment and various real estate asset classes. Implementing technology into the built environment now allows us to tailor the inhabitant experience and collect and analyze user data to make better decisions for efficiencies… Continue Reading Look Out for the Smart Hotel: The Hospitality Industry is On the Verge of Embracing the Internet of Things
on 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
on The third panel of the 2018 Cornell Real Estate Conference featured the topic of Venture Capital and Tech, which explored the expansion of real estate technology and capital investments into such technologies. Moderated by Clelia Peters, Co-founder of MetaProp and President of Warburg Realty, the panel was composed of several individuals who are making waves… Continue Reading 36th Annual Cornell Real Estate Conference – Panel Wrap Up – Venture Capital and Tech
on 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
on The short nature of internships and the level of commitment required allows them to provide an opportunity to explore, unlike full-time jobs. This sense of wanting to branch out and explore something new is what I sought in my internship this summer. So, for my real estate internship, I decided to not work for a… Continue Reading 2018 Summer Internships: Ali Daye, SAS – Corporate Real Estate
on The week’s Distinguished Speaker Series marked another example of how this series highlights the power of a Cornell education and the many places it can take you. For this iteration of the series, The Baker Program welcomed back to campus Hotel School alum (SHA’02) Joseph Levine, who, since leaving Cornell, has gone onto cofound Mercer… Continue Reading DSS Wrap-up: Joe Levine ’02, Managing Partner – Mercer Street Partners (5 mins)
on 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)
on Last week the Baker Program hosted one of the most inspiring presentations of the year as it welcomed Ken Himmel ‘70, CEO of Related Urban. Himmel, who is an accomplished Hotel School alum, spoke to students about the importance of placemaking and curating unique experiences through real estate. Himmel took students thru his career at… Continue Reading DSS Wrap-up: Ken Himmel, CEO Related Urban (5 mins)
on 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)