Day 4 of the trek saw Baker students begin the morning with an in-depth tour of Singapore’s tallest building, Guoco Tower. First opened in 2017, the tower was developed by GuocoLand, one of Asia’s premier luxury developers. In addition to its location above the Tanjong Pagar MRT station, the property, known in Singapore as an… Continue Reading Baker Program Singapore Trek Day 4 – GuocoLand and the Far East Organization
Tag: Commercial Real Estate
Baker Program Singapore Trek Day 2: ARA Asset Management and Housing & Development Board
On Tuesday, January 7th, Baker students began their day at ARA Asset Management’s Singapore headquarters. In just under two decades ARA has become one of the largest money managers in Singapore. Founded in 2002 by CEO John Lim, the firm manages S$87 billion ($62.5 billion in USD) across 26 countries and four continents. Students were… Continue Reading Baker Program Singapore Trek Day 2: ARA Asset Management and Housing & Development Board
Baker Program Singapore Trek Day 1: PGIM and the Marina Bay Sands
The Cornell Baker Program in Real Estate Class of 2020 kicked off its international trek in Singapore on Monday, January 6th, 2020. Singapore’s phenomenal urban transformation since its independence in 1965 has been internationally recognized as a case study in the advocacy for and potential of a strong, centrally planned and state-backed guidance of real… Continue Reading Baker Program Singapore Trek Day 1: PGIM and the Marina Bay Sands
Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study
We are pleased to present a ULI case study of the redevelopment of the historic Hahne & Co. building in Newark, New Jersey. This is the first in a series of case studies and briefs jointly created by ULI and Cornell University’s Baker Program in Real Estate. The Baker Program is honored to collaborate with… Continue Reading Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study
Student Housing in India – Challenges and the Way Forward
In this article, the second in a two-part series (Link to Part 1) on student housing in India, current challenges to the industry are examined. The scope is limited to legal and investment challenges that may be encountered by developers, operators, and investors of student housing in India. Since formal student housing is in its… Continue Reading Student Housing in India – Challenges and the Way Forward
MICHAEL SELLMAN (A&S ‘04), CO-CEO OF CALATRAVA GRACE: STARCHITECTURE & DEVELOPMENT IN CENTRAL ASIA
On Thursday, December 5th, 2019, the Cornell Baker Program in Real Estate hosted Michael Sellman (A&S ’04), Co-CEO of Calatrava Grace, a firm focused on international real estate investment and development. The firm’s other Co-CEO, Micael Calatrava leads the global operations of Santiago Calatrava, an internationally acclaimed architect. Through his colorful lecture, Mr. Sellman introduced… Continue Reading MICHAEL SELLMAN (A&S ‘04), CO-CEO OF CALATRAVA GRACE: STARCHITECTURE & DEVELOPMENT IN CENTRAL ASIA
Student Housing in India – The Next Big Thing?
India, a country with one of the largest steadily growing economies in the world, is home to the second-largest student population pursuing post-secondary education. The current gross enrollment ratio (GER) in post-secondary education is 26.3% (Ministry of Human Resource Development, 2019). In addition, the Indian government has set a target to enroll 30% of the… Continue Reading Student Housing in India – The Next Big Thing?
2019 SUMMER INTERNSHIPS SERIES: JOE MCFALLS, GREYSTAR
This summer I worked in the Boston office of Greystar Real Estate Partners (“Greystar”). Greystar owns, operates, and develops conventional multifamily, collegiate, and active adult housing in 179 global markets with 52 offices across 12 countries and over 14,000 employees. Greystar has three industry-leading business lines: development/construction with over $12 billion in development projects currently… Continue Reading 2019 SUMMER INTERNSHIPS SERIES: JOE MCFALLS, GREYSTAR
The Need for Privatized Student Housing
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
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