on Kate Bicknell (99’), Senior Vice President of Forest City Ratner, visited the Baker Program in Real Estate last Thursday in a highly anticipated speaker series. During her time at Forest City Ratner, one of the nation’s leading mixed use development firms, Bicknell has played an integral role in the development of major projects, including the ongoing… Continue Reading Kate Bicknell: Cornell Tech and Careers in Real Estate
on Cornell’s Baker Program in Real Estate’s Distinguished Speaker Series is pleased to showcase Benjamin Butcher as the next featured guest for the 2016-2017 series. Butcher has served as the Chief Executive Officer, President, and Chairman of the Board of Directors of STAG Industrial since 2010. Butcher has also served as a member of the Board… Continue Reading Distinguished Speaker Series: STAG Industrial CEO, President, and Chairman of the Board Benjamin Butcher
on Disruption [dis-ruhp-shuh n] noun: 1. Forcible separation or division into parts; 2. A disrupted condition; 3. Business. A radical change in an industry, business strategy, etc., especially involving the introduction of a new product or service that creates a new market. The future of digital innovation exists right now. Throughout everyday life, the digital grid… Continue Reading Disruption: Real Estate’s Hurdle
on August 31, 2016. This day has been highly anticipated by REIT professionals and investors alike since last year’s announcement that exchange-listed Equity REITs will be elevated into a separate headline sector in the Global Industry Classification Standard (GICS). In the future, the REIT Industry may look back on 2016 in the same way that it… Continue Reading The GICS Reclassification and its Implications For REITs
on For my summer internship, I wanted to learn how real estate investment managers could create alpha, or put in another way, beat the market. At Exeter Property Group, a fund shop based out of suburban Philadelphia, I was able to learn how one elite organization creates alpha by keeping the freshest pulse on the market,… Continue Reading 2016 Summer Internships: Scott Guo – Exeter Property Group
on When I made the decision to pursue a Masters degree, the real estate industry was my primary focus. While going through the process, my greatest trepidation stemmed from my lack of experience in the industry. However, I know now that pursuing the Baker Program fit my purpose the best. Not only have I become a part of an… Continue Reading 2016 Summer Internships: Ana Kalugina – Hodes Weill
on Note: This is Part 1 of what will be a series of stories on the multitude of effects that the Brexit is having on global real estate markets now and in the future. For Part 2 please click here. The most significant financial and economic news story so far in 2016 has been the June 23… Continue Reading Brexit and Real Estate: Part 1 – Effects on UK-based Property Funds
on On Wednesday, June 22nd, the Cornell Real Estate Council (CREC), New York City Chapter congregated at the offices of First American Title for a panel discussion: Looking Backward to Lead Forward. Moderated by CREC-NYC Executive Board Member, Firas Turkmani (SHA ’14 and Associate at Ackman-Ziff), the Cornell community experienced a lively discussion on the current market… Continue Reading CREC Conference NYC Chapter: Looking Backward to Lead Forward – Caitlin Elliott
on Colony Capital, NorthStar Asset Management, and NorthStar Realty Finance Combine to Form the 5th Largest Global Real Estate Investment Manager On June 3rd, three leading real estate firms announced that they would merge into a single real estate investment trust with approximately $58 billion in assets. According to the Wall Street Journal, the three-way stock… Continue Reading Merger of Colony and NorthStar Creates 5th-Largest Real Estate Investment Firm
on Three years ago, former U.S. Federal Reserve Chairman Ben Bernanke opened the proverbial Pandora’s box by discussing the U.S. Federal Reserve’s intent to taper its purchases of long-term maturity bonds and mortgage-backed securities. At the time, the United States economy had rebounded to the point where additional stimulus had become a crucial talking point among partisan politicians and economists… Continue Reading The Fed and Real Estate – Beyond the June FOMC Meeting