on Operational performance of the hotel industry has all but halted as a result of the COVID-19 pandemic lockdowns. However, hotel real estate valuations remain high in response to pent capital earmarked for real estate acquisitions and hotels in particular. In January and February of 2020, hotel average occupancy in the United States was slightly higher… Continue Reading The State of Hotel Investments in Early 2021
on Mexican real estate sponsors should lever their cultural know-how to address overlooked market opportunities in Texas. South San Antonio can serve as an example of the opportunities available to Latino GPs. Mexican real estate general partners have an advantageous ability to develop and invest in Texas. Mexican appetite for real estate projects in Texas is… Continue Reading Drawing Upon Culture: Opportunities for Mexican Sponsors in San Antonio
on Marinas, long the domain of local, independent owner-operators, have seen increasing interest from investors over the past 15 years. Now dominated by a few large institutionally backed firms, the industry has quickly transformed from one comprised of properties that store and service boats to one that has seen billions of dollars in capital inflows from… Continue Reading Rising Tides: Consolidation and Development in the Marina Industry
on While most of the recent media coverage of New York City’s commercial real estate market has been grim, with Midtown Manhattan being likened to a ghost town, alongside an increase in social unrest, there are still believers in the resiliency of New York City. Recently, Sush Torgalkar, co-founder of Sage Hall Partners, shared his story,… Continue Reading INVESTING IN A STRONGER NEW YORK CITY: SUSH TORGALKAR ON HIS PATH TO FOUNDING SAGE HALL PARTNERS
on Ghana’s housing crisis is intensifying as the housing affordability bracket of the growing demand is below the average market price point. The challenges posed by the growing demand are predominantly driven by the inability to lease a home or access credit to acquire a home. Though in recent years the Government of Ghana has begun… Continue Reading Making Affordable Housing Accessible Through More Inclusive Housing Financing : A Case Study of Ghana
on On Tuesday, April 6th, 2021 Cornell University’s Center for Real Estate and Finance and the Cornell Baker Program in Real Estate hosted the 6th Annual Titans of Real Estate event virtually honoring Brian Kingston, managing partner and CEO of Brookfield Property Partners in an interview with Richard Baker ’88, governor, executive chairman, and… Continue Reading 6th Annual Titans of Real Estate – Honoring Brian Kingston, CEO of Brookfield Property Partners
on On Thursday, April 22nd, 2021, the Cornell Baker Program in Real Estate hosted Gilda Perez-Alvarado, the Global Chief Executive Officer of JLL Hotels & Hospitality, a leading professional services firm that specializes in real estate investment advisory. Having graduated from Cornell’s School of Hotel Administration in 2002, Ms. Perez-Alvarado came back to our virtual classroom… Continue Reading “Figure out what you love and try to be the best at it” – A Reflection from Gilda Perez-Alvarado (SHA ‘02)
on The Cornell Baker Program in Real Estate recently welcomed a distinguished alum of the Architecture, Art & Planning School to discuss real estate development in New York City. Adam Greene is currently Senior Vice President of Development at RXR Realty and RXR’s Project Executive for 175 Park Avenue. He previously served as principal for MAG… Continue Reading Solving the Real Estate Puzzle with Adam Greene (B.Arch ’06)
on On Thursday, October 29th, 2020, Doug Weill (’88) presented the eighth annual Institutional Real Estate Allocations Monitor, a survey of global institutions including pension funds, sovereign wealth funds, insurance companies, endowments, and foundations. Leveraging the academic resources of Cornell University’s Baker Program in Real Estate and the institutional advisory experience of Hodes Weill & Associates,… Continue Reading 38th Annual Cornell Real Estate Conference: Global Real Estate Institutional Investment Trends moderated by Doug Weill ’88, Co-Founder and Managing Partner at Hodes Weill
on Recently, Cornell’s real estate graduate students got a front-row seat to learn about increasing building energy efficiency, sustainability, and creating and growing a company from the ground up. BlocPower is a Brooklyn-based energy technology startup rapidly greening American cities. Since its founding in 2014, the company has completed energy retrofits in nearly 1,000 buildings. Their… Continue Reading Greening the Grid: Energy Efficiency and Real Estate Retrofits with Cullen Kasunic