Real Estate as an Institutional Asset: Capital Investment and Fund Management with Douglas M. Weill (SHA ’88)

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The Cornell Baker Program recently welcomed Doug Weill, Founder and Co-Managing Partner of Hodes Weill & Associates as a guest in our Distinguished Speaker Series. Doug Weill and David Hodes founded Hodes Weill & Associates (Hodes Weill) in 2009. Since then, the firm has grown into a leading global capital advisory firm focusing on the… Continue Reading Real Estate as an Institutional Asset: Capital Investment and Fund Management with Douglas M. Weill (SHA ’88)

The Global Perspective with Blackstone’s Justin Wai (SHA ’06)

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Justin Wai has built a successful career at the world’s largest alternative asset manager, Blackstone, and is currently their Senior Managing Director and Head of Greater China Real Estate.  After graduating from the Cornell Hotel School in 2006, he joined Macquarie Bank’s real estate investment banking group before moving to Blackstone in 2007.  This year… Continue Reading The Global Perspective with Blackstone’s Justin Wai (SHA ’06)

Extending Digital Solutions for Affordable Housing and Addressing Digital Adoption Challenges

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The Commercial Real Estate Technology (CRETech) Conference, held in NYC on 13th and 14th October, addressed recent commercial real estate trends, key challenges currently faced in proptech, and technology solutions to make housing affordable. CRETech is the largest event to bring an international community of leading experts in technology innovation in real estate together, including… Continue Reading Extending Digital Solutions for Affordable Housing and Addressing Digital Adoption Challenges

Getting to Net Zero: Five Methods of Financing Renewable Energy in U.S. Real Estate

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A growing emphasis on renewable energy and energy efficiency has inspired the production of several unique financing methods to assist with the initial capital requirements of these sustainable initiatives.  This article will review five financing methods that real estate developers can use to support renewable energy ventures, and it will outline the advantages and disadvantages… Continue Reading Getting to Net Zero: Five Methods of Financing Renewable Energy in U.S. Real Estate

How Avalon Bay Communities Built a “Self-Serve” Apartment Building to Reach the Missing Middle Housing Sector

Connor Mattoon on

In terms of affordability, one tends to think of the dichotomy between luxury apartment buildings that offer ample community amenities and federally or state subsidized “low-income” units. However, there is an additional cohort of people within the affordability spectrum that fall between high-priced luxury units and subsidized units within the United States. Avalon Bay Communities… Continue Reading How Avalon Bay Communities Built a “Self-Serve” Apartment Building to Reach the Missing Middle Housing Sector

Place, Joy and Justice: A Placemaking and Urban Planning Lecture by Jay Pitter

Dahlia Idris on

On Friday, September 10, 2021, Jay Pitter, an award-winning placemaker author, and urban planning lecturer, honored us with her presence in the Cornell’s Distinguished Speaker Series, an event organized by the Cornell Architecture, Art, and Planning (AAP) and Baker Program in Real Estate. As a placemaker whose personal aspiration is to create inclusive cities, Ms.… Continue Reading Place, Joy and Justice: A Placemaking and Urban Planning Lecture by Jay Pitter

The Case for Monte Carlo Simulation in Commercial Real Estate Modeling

Blake Smith on

Introduction Robust underwriting is a key element of any commercial real estate (CRE) investor’s success.  Currently, institutional and retail CRE investors typically employ some form of static discounted cash flow (DCF) modelling to value properties and identify attractive investments.  Unfortunately, static DCF modelling suffers from several flaws that stem from its inability to take uncertainty… Continue Reading The Case for Monte Carlo Simulation in Commercial Real Estate Modeling

Having a Lasting Impact: A conversation on New Market Tax Credits (NMTC) with Neel Shah

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On Thursday, September 30, 2021, the Cornell Baker Program in Real Estate welcomed Neel Shah as a speaker in this Fall’s Distinguished Speaker Series. Mr. Shah is the Principal and Founder of Shah Capital Advisors, an advisory firm specializing in helping sponsors navigate obtaining the benefits of the New Market Tax Credits (NMTC) program. Shah… Continue Reading Having a Lasting Impact: A conversation on New Market Tax Credits (NMTC) with Neel Shah

Taking the Long Approach with Andrew Dubill of Avanti Properties Group

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Author: Kara Harrison-Gates – Baker Program in Real Estate, Class of 2023 On September 2, 2021 the Cornell Baker Program in Real Estate had the privilege of hosting Andrew Dubill.  Mr. Dubill is a Principal of Avanti Properties Group, a national leader in land investment and development. Mr. Dubill had an unconventional entry into the… Continue Reading Taking the Long Approach with Andrew Dubill of Avanti Properties Group

Brownfield Redevelopment & Affordable Housing – A Unique Opportunity

Katherine Selch on

Across the nation, housing insecurity is one of the most critical issues cities are facing.  The National Low Income Housing Coalition found in 2020 that full-time minimum wage workers cannot afford a two-bedroom market-rate rental anywhere in the US.  At the current market rate average, minimum wage workers would need 97 hours per week to… Continue Reading Brownfield Redevelopment & Affordable Housing – A Unique Opportunity