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

Joe LeVine and Ben Pfinsgraff: An Uncommon Vision Creating Community

On Thursday, February 13th, 2020, the Cornell Baker Program in Real Estate had the unique pleasure of hosting two speakers during the week’s Distinguished Speaker Series – Joe Levine and Ben Pfinsgraff. Levine is co-founder of Mercer Street Partners, a New York City-based value-add real estate investment firm, where he leads the acquisitions and asset… Continue Reading Joe LeVine and Ben Pfinsgraff: An Uncommon Vision Creating Community

WARREN DE HAAN, LENDING SAVANT, ON “EQ” AND “IQ”

This past Thursday, January 30th, 2020, the Cornell Baker Program in Real Estate hosted Warren de Haan of ACORE Capital. Mr. de Haan is a Managing Partner at ACORE, which he founded with his long-time partners Boyd Fellows, Chris Tokarski, and Stew Ward. De Haan is a storyteller with a knack for developing relationships and… Continue Reading WARREN DE HAAN, LENDING SAVANT, ON “EQ” AND “IQ”

37th Annual Cornell Real Estate Conference – Panel Wrap Up – Placemaking

At Cornell’s 37th Real Estate Conference, placemaking was part of many conversations throughout the day.  In fact, there was a panel specifically dedicated to placemaking joined by esteemed industry guests Ben Bernstein, Co-founder and Principal of Redsky Capital, Adam Flatto, President and CEO of The Georgetown Company, Maryanne Gilmartin, Co-founder and CEO of L&L MAG,… Continue Reading 37th Annual Cornell Real Estate Conference – Panel Wrap Up – Placemaking

37th Annual Cornell Real Estate Conference – Panel Wrap Up – Silver Tsunami

An afternoon panel at the Cornell Real Estate Conference moderated by Seth Singerman (Singerman Real Estate) offered an insightful discussion about the senior housing market and the prospects of new developments in the space.  Seth Singerman was joined by Mark Alexander (Atria Senior Living), Billy Butcher (KKR), Guy Geller (Grace Management), and Adam Kaplan (Solera… Continue Reading 37th Annual Cornell Real Estate Conference – Panel Wrap Up – Silver Tsunami

37th Annual Cornell Real Estate Conference – Panel Wrap Up – The CEO’s Check-In

The theme of the 37th Annual Cornell Real Estate Conference was “20/20: Hindsight and Foresight” and featured panelists who discussed the unfolding challenges, disruptions, and opportunities in commercial real estate as 2020 approaches. Opening remarks by the Cornell Real Estate Council’s Chairman Paul Rubacha, Co-Founder and Principal of Ashley Capital, and Board Member Lynn Zuckerman… Continue Reading 37th Annual Cornell Real Estate Conference – Panel Wrap Up – The CEO’s Check-In

Middle-Tier Suburban Retail: A Southern Anomaly?

The mass population exodus to the suburbs in the 1950’s and 1960’s resulted in the creation of hundreds of thousands of new suburban homes across the country, and thus, the birth of the suburban shopping center. While suburban growth rates naturally varied by region, the Southeastern United States benefited from multiple factors which encouraged the… Continue Reading Middle-Tier Suburban Retail: A Southern Anomaly?

Time for a Resurgence of Rental Apartments in Toronto

Introduction Fig 1. Rendering of “The #Unignorable Tower.” Photo Credit: United Way Greater Toronto & Norm Li (Li, 2019) As it rises to become a formidable economy, Toronto faces a crucial time in its history.  The problems of housing shortage and affordability have persisted in the past, but are now even more prevalent as the… Continue Reading Time for a Resurgence of Rental Apartments in Toronto

MICHAEL SELLMAN (A&S ‘04), CO-CEO OF CALATRAVA GRACE: STARCHITECTURE & DEVELOPMENT IN CENTRAL ASIA

On Thursday, December 5th, 2019, the Cornell Baker Program in Real Estate hosted Michael Sellman (A&S ’04), Co-CEO of Calatrava Grace, a firm focused on international real estate investment and development. The firm’s other Co-CEO, Micael Calatrava leads the global operations of Santiago Calatrava, an internationally acclaimed architect.  Through his colorful lecture, Mr. Sellman introduced… Continue Reading MICHAEL SELLMAN (A&S ‘04), CO-CEO OF CALATRAVA GRACE: STARCHITECTURE & DEVELOPMENT IN CENTRAL ASIA

Construction Costs: On the Rise

The commercial real estate industry is currently riding the wave of the 11th year of its cycle, interest rates are continually getting cut, money is cheap to borrow, and cities are sprawling at a booming rate. With the recent appearance of traditional recessionary indicators, many cautiously optimistic professionals in the industry are wondering what may… Continue Reading Construction Costs: On the Rise