The Ugly Duckling Turns a Profit: Investing in Manufactured Home Communities

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Manufactured home communities, formerly referred to as trailer parks, are often the overlooked “ugly duckling” of the residential real estate market.  Sometimes viewed as lowbrow or unappealing, manufactured housing is often ignored by real estate investors.   Illustrative of this fact, the 5 Reasons Not to Invest In Mobile Homes post on The BiggerPockets Blog site… Continue Reading The Ugly Duckling Turns a Profit: Investing in Manufactured Home Communities

36th Annual Cornell Real Estate Conference – Panel Wrap Up – How We Live, Work, and Play in 2028

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The Cornell Real Estate Council’s 36th annual conference  took place in New York City on October 19th with a “focus on the future”. Of course, most trades invest heavily in predicting consumer behavior to varying degrees, but real estate professionals take a particularly sober interest in future trends because our products are inherently durable and… Continue Reading 36th Annual Cornell Real Estate Conference – Panel Wrap Up – How We Live, Work, and Play in 2028

36th Annual Cornell Real Estate Conference – Panel Wrap Up – The Future of Retail

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On October 19, 2018, the Cornell Real Estate Council (CREC) hosted the 36th annual real estate conference in New York City. This year’s event featured panel discussions with some of the industry’s most highly regarded visionaries. Speakers offered insights on trends and the future of the real estate industry. The retail panelist, highlighted below, whose conversation… Continue Reading 36th Annual Cornell Real Estate Conference – Panel Wrap Up – The Future of Retail

REIT Sector Likely to See More Consolidation

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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

The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

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The United Nations recently published a startling new report that cited the worsening effects of climate change. The report noted that if greenhouse gas emissions continue at the current rate, the temperature of the atmosphere could rise by as much as 2.7 ℉by 2040 (Change, 2018). Buildings, which account for 30-40% of CO2emissions, will a have… Continue Reading The Role of the Real Estate Industry in Promoting a Sustainable Development Agenda

Even Hospitality is Going Modular

John R. Thompson on

Modular buildings are not a new phenomenon – interest in prefabrication dates as far back as 1935 when Sears Roebuck and Co. announced that it would build and ship fully assembled homes, a touch more sophisticated than its “Modern Homes” catalog version (Emmet, 1965). Prefabricated building manufacturing is stimulated by real estate cycles when labor… Continue Reading Even Hospitality is Going Modular

EB-5 Financing Once Again Faces an Uncertain Future

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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

DSS Wrap-up: Matthew D. Shore (’00), Chief Investment Officer – DRA Advisors

Ryan Christopher Sequeira on

This week, the Baker Program in Real Estate welcomed back another alumnus of Cornell, Matthew Shore (Cornell ‘00), for its Distinguished Speaker Series. Matthew is the Chief Investment Officer at DRA Advisors, an investment advisory firm specializing in real estate investment and management services for institutional and private investors with over $11 billion in assets… Continue Reading DSS Wrap-up: Matthew D. Shore (’00), Chief Investment Officer – DRA Advisors

“Wicked” Problems and Real Estate Development

Ryan Christopher Sequeira on

Real estate development occurring in the public domain often must grapple with the complicated perspectives of a variety of stakeholders. Practitioners must therefore be adept at addressing divergent values and priorities prudently and delivering results while simultaneously managing expectations. This article will examine one such recent scenario in the capital city of India. Indeed, over… Continue Reading “Wicked” Problems and Real Estate Development

DSS Wrap-Up: Barry DiRaimondo (MBA ’85), CEO of SteelWave LLC

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On September 27, 2018, the Cornell Baker Program in Real Estate welcomed Barry DiRaimondo, Chief Executive Officer of SteelWave LLC, to campus as part of the program’s Distinguished Speaker Series.  SteelWave is a full-service real estate manager, operator and investor headquartered outside of San Francisco, California.  SteelWave’s portfolio consists of approximately 12 million square feet… Continue Reading DSS Wrap-Up: Barry DiRaimondo (MBA ’85), CEO of SteelWave LLC