A former brownfield, the Bronx’s Park House offers 227 affordable apartments Across the nation, housing insecurity is one of the most critical issues cities are facing. The National Low Income Housing Coalition found in 2020 that full-time minimum wage workers cannot afford a two-bedroom market-rate rental anywhere in the US. At the current market rate […]
Category Archives: Cornell Real Estate
The State of Hotel Investments in Early 2021
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 […]
Drawing Upon Culture: Opportunities for Mexican Sponsors in San Antonio
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 […]
Rising Tides: Consolidation and Development in the Marina Industry
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 […]