1984 research outputs found
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Case Competitions
No full text[Excerpt] Cornell University continued its strong showing this past year in several case competitions across the country winning 1st place in the Argus University Challenge, 3rd place at the University of Miami Impact Investing Competition, and an Honorable Mention at the UT Austin National Real Estate Case Competition and the ULI-Hines Student Competition. Teams also participated in the Kellogg Real Estate Venture Competition at Northwestern University
A Taxonomy of Coworking Space: Manhattan, NYC
No full textThe growth in the coworking inventory has accelerated over the past years, with more than 5 million square feet of new space flooding into the market in each of the past three years (Cushman & Wakefield, 2018). In 2018, over 200 coworking companies that operated in the U.S. had at least one location larger than 5,000 square feet. As competition increases, coworking markets enter periods of “specialization” in spaces of various size, business plans and clientele (Brown, 2016; Diduch, 2018), however, the lack of analysis of these characteristics make it difficult to understand the current supply of coworking space on the market
The U.S. Student Housing Market: Overlooked Opportunities
No full textStudent housing has emerged in recent years as one of the most in-demand asset classes in commercial real estate. Investors, both domestic and international, have been attracted to U.S. student housing projects for many reasons, including their steady yields and reliable returns during all market cycles (The Economist, 2018). As a result, investment in and development of student housing has increased dramatically over the past few years (Brass, 2018). Even with this increased focus on the sector, opportunities still remain in the student housing industry, particularly for investors and developers with differentiated projects. This paper will examine the current state of the U.S. student housing market and suggest four overlooked opportunities in this market that could provide investors and developers with an edge in the increasingly competitive and crowded environment
Opportunity Zones and New Orleans: A Chance for Affordable Housing Growth
Full text linkIn the year and a half since their introduction, Opportunity Zones have quickly become one of the hottest topics in real estate development. This exciting program offers a new chance to revitalize distressed communities around the country by significantly broadening the pool of potential investors and providing them with enticing incentives to pull their money out of the market and into these locales. The success or failure of the program will hinge on the ability of public-private partnerships to bridge an often fraught line between outside investment and local community. In addition to providing an overview of the Opportunity Zone Program, this article examines the history of these partnerships in New Orleans and identifies the areas of the city that may benefit most from a new, aggressive approach to bringing in previously untapped resources to meet the needs of local residents
Editorial Board
Full text linkEditorial board members for Cornell Real Estate Review (2019), Volume 17
Alumni Highlight: Jiwon Park (Baker/MBA \u2718), Samsung
Full text linkJiwon Park is a member of the real estate investment team in the asset management department of Samsung Fire & Marine Insurance. A 2018 graduate of Cornell’s Baker Program in Real Estate and the Johnson School of Management, Jiwon served as a Research Associate at Hodes Weill & Associates in New York as well as at an asset management firm in Los Angeles while at Cornell. Prior to Cornell, she worked at JLL Korea. Jiwon is a graduate of the University of Southern California with a double major in accounting and real estate finance
Modular Construction: A Solution to Affordable Housing Challenges
Full text linkThe lack of affordable housing is pervasive across the United States. It affects some locations more severely than others, with each having unique challenges. Construction and land acquisition costs are frequently cited as primary drivers of multi-family housing development, and affordability is determined by a geography’s housing costs versus its median income. This paper highlights crucial components in the connection between economic conditions, public policy, and affordable housing development. It focuses on how efficiencies in modular construction present opportunities for addressing specific challenges in Maine and will propose a strategy for public-private cooperation, particularly in the site selection process, in order to streamline the state’s affordable housing agenda
Labor Scarcity, Finance, and Innovation: Evidence from Antebellum America
No full textThis paper establishes labor scarcity as an important economic channel through which access to finance shapes technological innovation. We exploit antebellum America, a unique setting with (1) staggered passage of free banking laws across states and (2) sharp differences in labor scarcity between slave and free states. We find that greater access to finance spurred technological innovation as measured by patenting activities, especially in free states where labor was relatively scarce. Interestingly, in slave states where slave labor was prevalent, access to finance encouraged technological innovation that substituted for free labor, but discouraged technological innovation that substituted for slave labor