United States economic data released the past week provided ups and downs for investors across all sectors, including key information for real estate in Q4 2015. The releases started on Tuesday, February 23 with Existing Homes Sales, then New Home Sales on Wednesday, and finished with GDP on Friday. On the whole, investors have reasons to be… Continue Reading Home Price Indices, Sales and Economic Releases for February
Category: Finance & Investment
Presidents Day: The Best US Land Deals in History
In honor of Presidents Day, let’s take a look at a few major US land deals of the past. For the most part, the land mass of the United States is made up of land that was settled in a treaty, annexed, or ceded by another country. There are however, several instances in which the… Continue Reading Presidents Day: The Best US Land Deals in History
Capital Impact Gives Great Insight into Lending Climate
Cornell’s 33rd Annual Real Estate Conference was held in NYC from Oct 15-16. The forum was highlighted by several panels of experts sharing industry insight with Baker students and conference attendees. Throughout the day, these panels opined on different trends affecting the markets and different asset classes. The Capital Impact Panel, in particular, noted the differences… Continue Reading Capital Impact Gives Great Insight into Lending Climate
Mark Fogel, President of ACRES Capital Speaks About Transitional-Asset Lending
https://www.youtube.com/watch?v=slzWrHDuOuI In his October visit to Cornell’s Baker Program in Real Estate, Mark Fogel sat down with the Cornell Real Estate Review to discuss the company he founded, ACRES Capital, and the broader market for mezzanine, and transitional-asset real estate lending. Fogel brings over 20 years of commercial real estate experience, and as Chief Executive Officer and… Continue Reading Mark Fogel, President of ACRES Capital Speaks About Transitional-Asset Lending
NYC Conference Recap of Investment Strategies for Multifamily Real Estate
After the poignant discussion on market capital flows at the annual Cornell Real Estate Conference, a highly esteemed panel consisting of Joshua Eisenberg (Urban American), John Jacobsson (The Related Companies), William Macklowe (William Macklowe Company), and Jonathan Moore (The Brookfield Property Group) forged into uncovering the truths within New York City’s growing multifamily development market.… Continue Reading NYC Conference Recap of Investment Strategies for Multifamily Real Estate
Ben Bernstein ’06 Makes Moves in Brooklyn Residential & Commercial Market
Ben Bernstein is a name that is becoming increasingly familiar to the New York City real estate community at a rapid pace. Bernstein currently serves as President and Co-Founder of RedSky Capital, an integrated real estate development and investment firm based in the Dumbo section of Brooklyn, New York. In this capacity, Bernstein oversees all… Continue Reading Ben Bernstein ’06 Makes Moves in Brooklyn Residential & Commercial Market
Marriott Buying Starwood Hotels and Resorts in Largest Hotel Merger
As the week began this morning, the business world and indeed the Cornell University School of Hotel Administration were hit with the surprise news that Marriott International Inc. has agreed to buy Starwood Hotels and Resorts Worldwide Inc. in a deal valued at $12.2 billion. The deal creates the world’s largest hotel company and concludes… Continue Reading Marriott Buying Starwood Hotels and Resorts in Largest Hotel Merger
Paramount Lodging Advisors Founder Sanjeev Misra ’98 Visits Baker Program
On Thursday, November 19, the Baker Program cordially welcomes back to campus Sanjeev Misra to its Distinguished Speaker Series. Sanjeev is a graduate of the Cornell University School of Hotel Administration (SHA) in 1998, and he received a Master of Business Administration degree from Ross School of Business at the University of Michigan in 2003.… Continue Reading Paramount Lodging Advisors Founder Sanjeev Misra ’98 Visits Baker Program
Who’s Buying Greece? Investors Flock to Luxury Real Estate Bargains
With Greece facing continued liquidity pressure, what happens to its famed islands and real estate? Since the credit crisis found its way to European shores, non-exporting nations participating in the Eurozone like Greece have had difficult times. Many chose austerity to bring their bottom line in phase with GDP growth and tax revenues. Greece’s current Prime… Continue Reading Who’s Buying Greece? Investors Flock to Luxury Real Estate Bargains
Imran Ahmed, Executive Managing Director at CBRE Capital Markets to Address Baker Students
Imran Ahmed, Executive Managing Director at CBRE Capital Markets will be addressing Baker students on February 19th for the program’s weekly Distinguished Speaker Series. Ahmed brings with him an extensive background in real estate finance and investments, having been involved in over $100 billion of transaction activity with extensive experience in principal investments, M&A, equity… Continue Reading Imran Ahmed, Executive Managing Director at CBRE Capital Markets to Address Baker Students