on The Strategy Of Real Estate Economic Development The fourth in a series of articles on how changes in port infrastructure and development can impact industrial real estate. The previous article addressed inland ports’ impact on industrial real estate. To read the previous article in this series, Inland Possibilities, please click here. U.S. agriculture is a good… Continue Reading The State Of Economic Development (7 mins)
on Property valuation is a necessary task for parties across the real estate industry. Development, investment, lending, and brokerage all rely on determining the value of property by either using external valuations and appraisals or by constructing internal valuation models, typically on ARGUS or Excel. Underwriting is core to the real estate industry as it is… Continue Reading The Potential of Machine Learning Real Estate Valuation Models (5 mins)
on In a move with wide-reaching implications for the real estate industry, President Donald Trump imposed new tariffs on imported steel and aluminum on March 8, 2018. The tariffs of 25% on imported steel and 10% on imported aluminum have already created strain on international trade relationships, with 24 World Trade Organization countries scheduled to meet… Continue Reading Implications of Trump’s Steel Tariff (5 mins)
on Cornell’s Baker Program in Real Estate was pleased to welcome Douglas Gottschalk, the U.S. head of corporate real estate at EY, to our Distinguished Speaker Series on March 22. Mr. Gottschalk shared his unique perspective on real estate consulting for corporate clients and all in attendance were treated to a lively discussion, full of both… Continue Reading DSS Wrap-Up: Douglas Gottschalk of EY (3 mins)
on Last week, the Baker Program in Real Estate had the special honor of welcoming alumnus Mr. Joshua Eisenberg to speak at the weekly Cornell Real Estate Distinguished Speaker Series. Mr. Eisenberg is an Executive Vice President and Co-General Counsel of Urban American Management, a real estate investment and management firm of multifamily properties in the… Continue Reading DSS Wrap-Up: Joshua Eisenberg, Executive Vice President and Co-General Counsel of Urban American (3 mins)
on 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)
on Inside the Gulf – Part 2 – This series of articles will explore several major projects taking place in the Persian Gulf countries. Saudi Arabian crown prince Muhammad bin Salman is currently on a tour of the West meeting with leaders from France, the United Kingdom and the United States. This is his first solo… Continue Reading Grand Mosque Expansion Highlights Growth of Saudi Arabian Tourism Industry (6 mins)
on Mumbai is India’s financial and commercial capital, home to over 18.5 million people packed into just over 233 square miles (603 square kilometers).[1] India has seen incredible growth in its GDP since the economic reforms of 1991, with economic growth often above 9% annually over the past 27 years.[2] Because of this massive growth, Mumbai… Continue Reading Dharavi: When a Slum becomes a Goldmine (6 mins)
on In response to the events from last month and the proposed measures in Congress, some retail giants have already put their own store policy reforms into place. Earlier this month, Dick’s Sporting Goods announced that it would no longer sell military-style semi-automatic rifles or high-capacity magazines and it will require customers to be at least… Continue Reading The Impact of Assault-Style Weapons Bans on Retail Real Estate (5 mins)
on How the future of real estate in Cuba hinges on Cuba’s next elections. Take a break and imagine feeling a warm breeze rush over you as you hear a horn of a cruise ship through a rustling of palm leaves. You are handed a refreshing beverage and newspaper as you gaze onto the Caribbean. Surrounded… Continue Reading The Cuban Transition (6 mins)