Baker Program Singapore Trek Day 3: CapitaLand, GIC, URA, and CBRE

Halfway through the international trek for 2019-20, the Baker students continued exploring the real estate markets of Singapore and Asia-Pacific.  Beginning the day with CapitaLand, one of Asia’s largest real estate investment management businesses, the group met with Benjamin Ng and other representatives from its Corporate and Strategic Planning team.  CapitaLand’s real estate portfolio is… Continue Reading Baker Program Singapore Trek Day 3: CapitaLand, GIC, URA, and CBRE

Value for Money Analysis as a Decision-Making tool for Public-Private Partnerships

The benefits of involving the private sector in traditionally public roles of delivery and operations of mega-projects include the sharing of risks, more effective vetting of the financial viability of projects, integrating resources, applying best practices and innovations, and establishing a life cycle-long perspective of costs and accountability (Rocca, 2017). Amidst the context of strained… Continue Reading Value for Money Analysis as a Decision-Making tool for Public-Private Partnerships

5th Annual Real Estate Shark Tank at Cornell University

Last week, Cornell University hosted the 5th Annual Real Estate Shark Tank for the graduating class of 2019 of the Baker Program in Real Estate. This capstone project is a culmination of two real-world courses that prepare students to pitch real estate development deals – the first, on the zoning, entitlement and subdivision approval processes,… Continue Reading 5th Annual Real Estate Shark Tank at Cornell University

The Need for Land Value Capture in Infrastructure: The Case of the Tappan Zee Bridge

Public infrastructure has long been financed through direct government budgetary appropriation, grants, and government borrowing.  The long-term debts have typically been repaid from revenues generated by the asset through user charges, or from the general taxing power of the government.  With an increasingly high demand for infrastructure investments, and limited resources to achieve them, other… Continue Reading The Need for Land Value Capture in Infrastructure: The Case of the Tappan Zee Bridge

California High Speed Rail – Sidetracked, but not the End of the Line

Last month, California Governor Gavin Newsom scaled back the California High Speed Rail (HSR) planned from Los Angeles to San Francisco due to budget and time overruns.  The trimmed-down line will now run from Bakersfield to Merced – which was previously the Initial Operating Section (IOS) of the Bay-to-Basin alignment.  With due respect to the… Continue Reading California High Speed Rail – Sidetracked, but not the End of the Line

DSS Wrap-up: David Philp (Cornell ’84) – Executive Vice President, Canyon Group

This week, the Baker Program in Real Estate welcomed another Cornellian and stalwart of the hospitality industry, David Philp.  Today, after a long and industrious career in luxury development, Mr. Philp serves as the Executive Vice President of the Canyon Group.  The Canyon Group services the ultra-luxury boutique hospitality development market and is focused on… Continue Reading DSS Wrap-up: David Philp (Cornell ’84) – Executive Vice President, Canyon Group

Los Angeles Real Estate Trek: Day Three

On the last day of the Baker Program’s domestic trek, students stayed close to their hotel in downtown Los Angeles to get a walking perspective on some of the projects beginning to reshape the landscape of the sprawling metropolis.  Downtown Los Angeles has historically been overlooked in terms of livability.  Over the last five years,… Continue Reading Los Angeles Real Estate Trek: Day Three

DSS Wrap-up: Richard Latella, Executive Managing Director (Cushman & Wakefield)

This week, the Baker Program in Real Estate welcomed Richard Latella for his second time at the Distinguished Speaker Series.  Mr. Latella has had a long and industrious career at Cushman & Wakefield, which he joined in 1983 as a Senior Appraiser.  Today, he serves as an Executive Managing Director and leads the retail valuation… Continue Reading DSS Wrap-up: Richard Latella, Executive Managing Director (Cushman & Wakefield)

The Rise of an Urban-Suburban

Come 2019, millennials are projected to overtake baby boomers as the nation’s largest generation (Fry, 2018).  It is imperative to understand how this shift will drive transformation of the built environment in the near future.  Key among millennials preferences, is that of a live-work-play triad characterized as a flexible lifestyle that is experiential in nature… Continue Reading The Rise of an Urban-Suburban

DSS Wrap-up: Julie Romey (Baker ’99), Senior Principal, Keyser Marston Associates, Inc.

This week, the Baker program in Real Estate welcomed back an alumna, Julie Romey (Class of 1999), for its Distinguished Speaker Series.  Julie is the Senior Principal at Keyser Marston Associates, Inc., and specializes in Affordable Housing Strategies, Programs, and Transactions.  Over the last two decades, she has built an expertise in the New Market… Continue Reading DSS Wrap-up: Julie Romey (Baker ’99), Senior Principal, Keyser Marston Associates, Inc.