DSS Wrap-Up: Alan Riffkin (CALS ’88), Managing Director, Real Estate Investment Banking – M&A, Lazard

This past Thursday the Baker Program in Real Estate had the pleasure of welcoming Cornell alumnus Alan Riffkin (CALS ’88) of Lazard, a global leader in merger and acquisition (M&A) advisory services. Alan is a managing director of the real estate M&A group, a dynamic team that provides advisory services to a wide variety of… Continue Reading DSS Wrap-Up: Alan Riffkin (CALS ’88), Managing Director, Real Estate Investment Banking – M&A, Lazard

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

DSS Wrap-Up: Michael Dang MMH ‘07, President of Anpha Holdings and Founder of M.I.K. Corporation

On February 21, 2019, the Cornell Baker Program in Real Estate welcomed Michael Dang MMH ‘07, President of Anpha Holdings and Founder of M.I.K. Corporation, as part of its Distinguished Speaker Series.  Anpha Holdings and M.I.K. Corporation are leading luxury real estate development and consultancy firms based in Vietnam that have developed thousands of luxury… Continue Reading DSS Wrap-Up: Michael Dang MMH ‘07, President of Anpha Holdings and Founder of M.I.K. Corporation

Making the Case for REIT Ownership of Airports:

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:

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?

Passive Investors are Causing Concern in REIT Markets

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

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

EB-5 Financing Once Again Faces an Uncertain Future

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

2018 Summer Internships: Dustin Dunham, Mercer Street Partners (4 Min)

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)