on Jonathan Litt’s Battle with Taubman Highlights Several Key Aspects of the State of Shopping Mall REITs, and the Increasing Importance of Activists Targeting REITs This is Part 1 of a 2-part series that will discuss Jonathan Litt’s battle with Taubman Centers and how it relates to the current state of the real estate market. Activists… Continue Reading Litt and Taubman: Part I
on For the better part of the last half century, Los Angeles has been known as a city plagued by urban sprawl. Los Angeles County spans over 500 square miles and houses nearly 3.9 million people, making it home to the second largest metropolitan area in the United States. This sprawl is due to a high level… Continue Reading Why is Los Angeles so Pricey? Blame the Low Vacancy
on As the 2016 General Election nears closer, one of the considerations for investors and owners alike is how the outcome of the election will immediately impact the market, as well as how businesses and investments will be impacted as we progress into the new presidential term. Historically, we have seen that markets tend to fall… Continue Reading A Possible Shift in the Market: How the General Election Has Impacted the Market Historically
on This represents the fourth article in summary series of the 2016 Cornell NYC Real Estate Conference. The 34th Annual Cornell Real Estate Conference provided insights on many different topics, highlighted by panelists with senior executive positions at large companies such as CBRE, Savills Studley, and Ivanhoé Cambridge. But there was one panel dedicated to individuals… Continue Reading Cornell’s Real Estate Conference Wrap up: Innovating in a Traditional Industry
on This is the first article in a summary series of the 2016 Cornell Real Estate Conference. The 2016 Hodes Weill (HW) Institutional Real Estate Allocations Monitor and its findings were presented and discussed at the Cornell Real Estate Conference on October 13-14 in New York City. Baker Program in Real Estate director Dustin Jones and… Continue Reading Cornell Real Estate Conference Wrap Up: Investment Trends Panel
on Over the past year, the hospitality industry has witnessed the birth of a colossus. In the wake of the Marriott / Starwood merger, which recently received anti-trust approval in China, the hospitality industry has attempted to project what comes next. Many of the sentiments point to doomsday issues involving non-trivial concerns wrapped around ownership agreements, customer reward programs, and… Continue Reading Hospitality Mergers: Addressing the Changing Guest
on 2016 Conference Panels: A Look Downstream: An Analysis of Investment Trends The 2016 Hodes Weill Institutional Real Estate Allocations Monitor and its findings will be discussed and summarized at the Cornell Real Estate Conference. Immediately following the presentation by Dustin Jones and Douglas M. Weill (SHA ’88), a panel discussion on the topic of current global… Continue Reading 2016 Cornell Real Estate Conference Panels: Analysis of Investment Trends
on One of the most followed real estate sagas of 2016 was the case of New York REIT (NYRT), in which shareholders actively and publicly faced off against NYRT management in their opposition to an agreed-upon merger with Washington, D.C.-based JBG Companies (JBG). The NYRT-JBG story highlights several modern day issues for REITs. First, it illustrates… Continue Reading New York REIT and JBG Cos. – A Case Study of REIT Misalignment
on Ben Butcher, Chief Executive Officer, President, and Chairman of the Board of STAG Industrial, visited the Baker Program in Real Estate last week as the next key leader offering students and faculty insights by way of the Distinguished Speaker Series. During his time at STAG, Butcher has overseen the expansion of the company from its… Continue Reading Ben Butcher: Strategy Behind STAG and Industrial REITs
on August 31, 2016. This day has been highly anticipated by REIT professionals and investors alike since last year’s announcement that exchange-listed Equity REITs will be elevated into a separate headline sector in the Global Industry Classification Standard (GICS). In the future, the REIT Industry may look back on 2016 in the same way that it… Continue Reading The GICS Reclassification and its Implications For REITs