on A hundred years ago, life expectancy in the United States for men was 53 years and 56 years for women. Today it’s approximately 78 and 82 years, respectively (Berkeley, 2019). This increasing rate of longevity has had its deviations due to world wars, contagious diseases, opioid epidemics and other problems, but the overall trend represents… Continue Reading In Senior Living, Knowledge Drives Performance
on You may be hard pressed to find professional real estate investors that do not think a recession is coming in the near future. We’ve aggregated a short list of the top issues and questions real estate investors face as they look to deploy capital in 2019. Our hope is that you are better armed to… Continue Reading Our Picks for the Top Risks for Real Estate Investments in 2019:
on On February 7th, 2019, the Baker Program welcomed Seth Singerman (SHA ’99) back to campus to present as part of our Distinguished Speaker Series. As a leader in real estate private equity, Seth has built a multi-billion-dollar firm on the principles of discipline and integrity. His firm, Singerman Real Estate is a value investor with… Continue Reading DSS Wrap-Up: Seth Singerman (SHA ’99) CEO of Singerman Real Estate
on 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:
on Passive Investors are Causing Concern in REIT Markets: Passive equity investment vehicles such as stock market index funds have exploded in popularity over the last decade. In fact, as of this year there are now more index funds than there are actual public equities, a remarkable shift that has shown no sign of losing momentum (Bloomberg… Continue Reading Passive Investors are Causing Concern in REIT Markets
on On October 19, 2018, the Cornell Real Estate Council (CREC) was pleased to welcome leaders in real estate finance and capital markets to the 36th annual Cornell Real Estate Conference. Our esteemed panel of Wall Street and capital markets professionals represent some of the largest and most influential real estate investment firms in the world.… Continue Reading 36TH ANNUAL CORNELL REAL ESTATE CONFERENCE – PANEL WRAP UP – WALL STREET AND THE CAPITAL MARKETS
on Photo Credit: Neil Moralee via Compfight Governmental sources of funding are often contentious or controversial in real estate projects, but perhaps none is more politically charged than EB-5 financing. Named after the United States Customs and Immigration program which provides, “employment based” pathways for foreign citizens to gain green cards and, eventually, full citizenship, the… Continue Reading EB-5 Financing Once Again Faces an Uncertain Future
on Summer Internship Recap Who: Dustin Dunham – Baker Program Class of 2019 Where: Mercer Street Partners, New York, NY Position: Summer Associate – Acquisitions and Asset Management My 10-week summer internship at Mercer Street Partners was a transformative experience that accelerated my career growth. Mercer Street Partners (MSP) is a quickly growing value-add private equity… Continue Reading 2018 Summer Internships: Dustin Dunham, Mercer Street Partners (4 Min)
on On Thursday, August 30th, 2018, the Baker Program’s Distinguished Speaker Series was honored to host its first speaker of the new school year, senior member of CBRE’s global research team and Americas Head of Research, Spencer Levy (ILR ’92). In his position at CBRE, Spencer serves as the principal external spokesperson on real estate… Continue Reading DSS Wrap-up: Spencer Levy (IRL ’92), Americas Head of Research at CBRE (3 Mins)
on Last week the Baker Program was honored to have entrepreneur, philanthropist and the namesake benefactor of the program, Richard Baker, on campus to meet with students in the Distinguished Speaker Series. As the final speaker for the class of 2018, Richard shared his remarkable entrepreneurial story and offered parting wisdom to the to the… Continue Reading DSS Wrap-up: Richard Baker (SHA ’88) Governor and Executive Chairman of the Hudson’s Bay Company