In today’s hyper-competitive college application process, student housing is a focus for many institutions of higher learning. The administrations and boards of trustees often believe that, by creating more attractive housing opportunities, they can improve their institution’s ability to attract and retain students and faculty residents. College housing preferences have changed drastically as students are… Continue Reading The Need for Privatized Student Housing
The Growth of Branded Residences
Residential buildings affiliated with popular brands have been around for quite some time. In today’s globalized market, however, they are seeing exponential growth, as wealthy individuals are looking for second homes. Today there are over 400 branded residences across the globe, accounting for over 55,000 units. The US is the largest market for branded residences,… Continue Reading The Growth of Branded Residences
DSS Wrap-Up: Panel Discussion, Baker Program Class of 2014
Over the last several years a tradition has formed within the Baker Program in Real Estate of inviting back to campus members of the graduating class from five years prior. On Thursday, March 28th the Baker Program welcomed back just such a group from the class of 2014 for a wide-ranging panel discussion. Prompted by… Continue Reading DSS Wrap-Up: Panel Discussion, Baker Program Class of 2014
Real Property Markets Just Beyond the Horizon
Guidelines for real property ownership in new frontiers often develop as afterthoughts – reactive measures to adverse events rather than prescriptive ones – and this seems to be true even for the so-called “final frontier” of outer space. Since the space race of the 1960’s and 70’s, little work has been done to advance the… Continue Reading Real Property Markets Just Beyond the Horizon
In Senior Living, Knowledge Drives Performance
A hundred years ago, life expectancy in the United States for men was 53 years and 56 years for women. Today it’s approximately 78 and 82 years, respectively (Berkeley, 2019). This increasing rate of longevity has had its deviations due to world wars, contagious diseases, opioid epidemics and other problems, but the overall trend represents… Continue Reading In Senior Living, Knowledge Drives Performance
DSS Wrap-Up: Daniel Sax (BPRE ’12), Sensi Properties
Baker Program in Real Estate students were treated to an engaging and lively discussion led by Daniel Sax of Sensi Properties as part of the Distinguished Speaker Series. Based in Toronto, Mr. Sax’s real estate investment portfolio is dedicated solely to properties which operate in the medical and recreational marijuana space. Between manufacturing, procurement, warehousing,… Continue Reading DSS Wrap-Up: Daniel Sax (BPRE ’12), Sensi Properties
California High Speed Rail – Sidetracked, but not the End of the Line
Last month, California Governor Gavin Newsom scaled back the California High Speed Rail (HSR) planned from Los Angeles to San Francisco due to budget and time overruns. The trimmed-down line will now run from Bakersfield to Merced – which was previously the Initial Operating Section (IOS) of the Bay-to-Basin alignment. With due respect to the… Continue Reading California High Speed Rail – Sidetracked, but not the End of the Line
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
DSS Wrap-Up: Karl Mistry (’04), Group President at Toll Brothers
On Thursday, March 7, Karl Mistry returned to Cornell’s Baker Program in Real Estate to deliver an insightful lecture about an oft-ignored topic in professional real estate: single-family home building. Mr. Mistry, who graduated from the program in 2004, has recently attained the title of Group President for the Virginia and Maryland regions of Toll… Continue Reading DSS Wrap-Up: Karl Mistry (’04), Group President at Toll Brothers
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