The Modern Campus: The Journey to Renewable Energy at The Cornell Tech Campus

The Cornell Tech campus on New York City’s Roosevelt Island is an exceptional example of the world’s potential to lower the carbon footprint of real estate. From concept to delivery, sustainability was at the forefront for the entire design and construction team behind the Cornell Tech campus. Project History In 2008, to address the significant… Continue Reading The Modern Campus: The Journey to Renewable Energy at The Cornell Tech Campus

Disrupting Housing Markets: iBuyers as Market Makers

Introduction Instant Buyers, or iBuyers, are companies that make instant offers to buy single family homes based on model driven valuations, such as Redfin, Zillow, and Opendoor.  These types of purchases are all cash offers, and the primary benefit is increased convenience and flexibility to the home seller. The primary drawback is that iBuyers typically… Continue Reading Disrupting Housing Markets: iBuyers as Market Makers

The Power of Purpose – A Conversation with Jonathan Rose

Now more than ever, amid the coronavirus crisis, Americans are aware of the tradeoffs between economic growth and social, environmental, and health concerns.  This is not a new paradigm; the latest crisis has simply revealed these tradeoffs in a more conspicuous light.  Much of our economy relies on extracting limited resources, tangible materials like concrete and steel for buildings as well as people’s finite energy and creativity consumed by unfulfilling work.  Real estate developer, author, and… Continue Reading The Power of Purpose – A Conversation with Jonathan Rose

Jerre Riggs (SHA ’02), Director of Real Estate at Industrious and Andrew Powers (Dyson ’15), Real Estate Manager at Industrious: Meeting the Changing Demands in the Coworking Niche

In light of the COVID-19 outbreak, on Thursday, April 9, 2020, the Cornell Baker Program in Real Estate was thrilled to resume its Spring 2020 Distinguished Speaker Series via video conference.  Cornell alumni Jerre Riggs and Andrew Powers joined us for a discussion about coworking and their company, Industrious. Riggs is Director of Real Estate… Continue Reading Jerre Riggs (SHA ’02), Director of Real Estate at Industrious and Andrew Powers (Dyson ’15), Real Estate Manager at Industrious: Meeting the Changing Demands in the Coworking Niche

37th Annual Cornell Real Estate Conference – Panel Wrap Up – PropTech: The New Buzzword

On October 18, 2019, the Cornell Real Estate Council welcomed leading investors and operators in real estate technology — or “PropTech” — to the 37th annual Cornell Real Estate Conference.  The esteemed panel provided valuable insights into the exciting world of PropTech and the changing real estate environment in light of the ever-growing pervasiveness of… Continue Reading 37th Annual Cornell Real Estate Conference – Panel Wrap Up – PropTech: The New Buzzword

Tokenized Real Estate: Creating New Investing and Financing Channels Through Blockchain

In 2018, New York City-based asset management firm Elevated Returns completed a tokenized real estate offering for $18 million on the Ethereum blockchain. The asset was the St. Regis Resort in Aspen, Colorado. The high-profile property and the employment of an unusual fundraising method caught the attention of investors, fintech enthusiasts and blockchain communities. Not… Continue Reading Tokenized Real Estate: Creating New Investing and Financing Channels Through Blockchain

SMART CITIES: TORONTO’S GOOGLE-INFUSED DISTRICT AND LESSONS FROM SONGDO, KOREA

Sidewalk Labs, a sister company of Google that is working with the city of Toronto in revitalizing 750 acres along the city’s Eastern Waterfront, made headlines this year. Controversy arose when questions surrounding data collection, privacy, and who owns the information collected in public began surfacing on the project, Sidewalk Toronto (Scola, 2018). This caused… Continue Reading SMART CITIES: TORONTO’S GOOGLE-INFUSED DISTRICT AND LESSONS FROM SONGDO, KOREA

How Vulnerable is Commercial Real Estate to a Cyber Attack? (4 mins)

Issues around cyber security are nothing new for companies in the digital age but considering the recent headlines around the Cambridge Analytica scandal and the Equifax Credit Reporting hack, a new emphasis on how we in commercial real estate think about data protection might be warranted. Data breaches commonly involve the taking of consumer data,… Continue Reading How Vulnerable is Commercial Real Estate to a Cyber Attack? (4 mins)

Innovations in “Big Data” Are Impacting Real Estate Investment (4 mins)

  Big data analysis and data science techniques applied to public and private datasets is nothing new, but recent growth in the quality of information and its use in commercial real estate is. Commercial real estate is a $12 trillion industry and the ability to make better data-driven decisions can save time and money for… Continue Reading Innovations in “Big Data” Are Impacting Real Estate Investment (4 mins)

Bitcoin is Impacting Multi-Family Real Estate Transactions, What’s Next?

Blockchain technologies, specifically cryptocurrencies like Bitcoin have been making headlines lately as the world begins to utilize them in various transactions. Once stigmatized as a tool to enable money laundering, drug dealing, murder for hire and other illicit “dark web” transactions on sites like Silkroad, these technologies have shed their stigma, gone mainstream and minted… Continue Reading Bitcoin is Impacting Multi-Family Real Estate Transactions, What’s Next?