Cornell Real Estate Review

Solar Development: Projections and Trends for the 2020’s

The past decade proved to be an extremely volatile one for the solar industry in the United States. The outlook on the industry in 2010 anticipated high growth as it looked towards 2020, as advances in solar module efficiencies resulted in continuously declining costs. MIT research found that solar module costs fell by 97% from… […]

Identifying Reuse Opportunities Among Cape Cod’s Vacant Motels

This article is a follow-up to an article posted last October that speculated about the viability of reusing distressed motel properties for various types of high-demand housing. In that article, various qualitative factors were laid out which could make certain properties easier to redevelop than others. It concluded that there would also be a mix… […]

Baker Program Miami Trek Visit: Rialto Capital

As the final stop on their trek, first-year Baker Program in Real Estate students visited Rialto Capital’s new office on Biscayne Boulevard in downtown Miami.  This visit was coordinated through the Baker Program’s fortunate connection with Director Michael Mashioff (ILR ‘04).  Rialto was founded in 2007 as a subsidiary of Lennar Corporation, the largest home-builder… […]

Baker Program Miami Trek Visit: Ocean Terrace, and Magic City

On the morning of the fourth day of their domestic trek to Miami, Florida, first year Baker students visited two developers with ambitions to transform the different Miami-area neighborhoods through large, pioneering projects that are each currently in the pre-development planning stage. The first visit was to a site owned by Ocean Terrace Holdings, LLC… […]

Baker Program Miami Trek Visit: Turnberry Associates

Turnberry Associates The Baker Program in Real Estate had the privilege of visiting Turnberry Associates during its Miami trek.  Turnberry is one of Florida’s largest and most influential real estate developers operating in the commercial, residential, and hospitality space.  Turnberry has developed $10 billion in commercial and residential property including approximately 20 million square feet… […]

Baker Program Miami Trek Visit: 13th Floor Investments

Rooftop Pool Deck at 1010 Brickell Ave Condo   As a result of superstitious beliefs, most buildings intentionally skip the 13th floor.  In fact, this superstition seems to stem from the word “triskaidekaphobia,” which the English dictionary describes as the fear of the number 13.  But just like a charm, Arnaud Karsenti has credited luck,… […]

Baker Program Miami Trek Visit: Dacra

Baker Program students visited the office of Dacra, the developer behind the Miami Design District.  Craig Robins, the founder and CEO of Dacra and the visionary behind the Miami Design District, led the discussion on his vision and motivation behind the development.  Dacra was established in 1987 with a focus on the preservation of historical… […]

Baker Program Miami Trek Visit: Oppenheim Architecture

The first stop of the Cornell Baker Program’s Class of 2021 Miami Trek was a visit to the office of Chad Oppenheim, Principal and Lead Designer of Miami-based Oppenheim Architecture.  The class gathered in the mezzanine conference room inside Oppenheim’s Miami office located in the famous Design District.  The building itself is covered in greenery… […]

Baker Program Singapore Trek Day 5: Asia Pacific Real Estate Association, Mapletree Investments, Keppel REIT, Frasers Property, and Warehouse Hotel

On the last and busiest day of the trek, Friday, January 10th, Baker students visited five different real estate firms and rounded out the trip with a reception for Cornell alumni from around the island as well as the executives of the companies visited throughout the week.  Cornell alumna Sigrid Zialcita, CEO of the Asia… […]

Baker Program Singapore Trek Day 4 – GuocoLand and the Far East Organization

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… […]