@ShaCenters

The School of Hotel Administration’s five main centers and institutes. Follow for weekly updates and upcoming events.

 Ithaca, New York
sha.cornell.edu/faculty-research/centers-institutes/
Joined May 2009
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Welcome to the Twitter hub for all information regarding #CornellSHA’s five centers and institutes.
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Congrats to team Cloud Capital from @USCMarshall on 1st Place at the 14th Annual Cornell International Real Estate Case Competition, hosted by #CREF! USC was represented by Nicholas Gaw, Connor Gill, Wen-Hsin Kuo, Moksh Rajput, and Rohan Sunkureddi.
Gray and tan background with text Congratulations on First Place! 14th Annual Cornell International Real Estate Case Competition. Photo of six-person team with text Could Capital - University of Southern California

ALT Gray and tan background with text Congratulations on First Place! 14th Annual Cornell International Real Estate Case Competition. Photo of six-person team with text Could Capital - University of Southern California

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Aimbridge Hospitality adds 5 extended stay properties acquired by Three Wall Capital. #CREF Board Member Alan Kanders ’87, principal, TWC, -“As we continue to expand our portfolio, we know Aimbridge will service our owned properties better than anyone.” bit.ly/3FfnFI1
photo of Candlewood Suites Birmingham-Inverness, with photo of Alan Kanders, Principal of Three Wall Capital and text Aimbridge Hospitality Grows Select Service Division, Bringing Five Extended Stay Hotels, Owned By Three Wall Capital Under Management

ALT photo of Candlewood Suites Birmingham-Inverness, with photo of Alan Kanders, Principal of Three Wall Capital and text Aimbridge Hospitality Grows Select Service Division, Bringing Five Extended Stay Hotels, Owned By Three Wall Capital Under Management

U.S. dollars are getting stronger where travelers are securing their savings for hotel stays in 2023, @CornellSHA professor and academic director of #CREF Steven Carvell, suggests that the future exchange rate between dollars and euros is a gamble. on.wsj.com/3gp7Vro
photo of US dollar growth over years, with photo of Steven Carvell, Academic Director of the Center for Real Estate and Finance (CREF) and text Today’s Strong U.S. Dollar Can Save Money on Travel to Europe Next Year

ALT photo of US dollar growth over years, with photo of Steven Carvell, Academic Director of the Center for Real Estate and Finance (CREF) and text Today’s Strong U.S. Dollar Can Save Money on Travel to Europe Next Year

Hines Real Estate Exchange is designed to aid qualified investors interested in tax-advantage investment opportunities, #CREF board member Alfonso Munk ‘96, CIO, Americas, @Hines, intends to make 1031 exchange opportunities. bit.ly/3e7YMD6
photo of Houston office building in background, with photo of Alfonso Munk ‘96 CIO, Americas, Hines and text Hines Jumps Into Hot Market for Tax-Deferred Property SalesHines Jumps Into Hot Market for Tax-Deferred Property Sales

ALT photo of Houston office building in background, with photo of Alfonso Munk ‘96 CIO, Americas, Hines and text Hines Jumps Into Hot Market for Tax-Deferred Property SalesHines Jumps Into Hot Market for Tax-Deferred Property Sales

Congrats to #CREF board member Chip Ohlsson, EVP and chief development officer, North America, @WyndhamHotels Group as Wyndham breaks ground on their extended stay brand! bit.ly/3S8vqTH
photo of blue boots standing on shovel in grass with photos Chip Ohlsson, EVP and chief development officer, North America, Wyndham Hotel Group and text Wyndham breaks ground on first hotel for new extended-stay brand

ALT photo of blue boots standing on shovel in grass with photos Chip Ohlsson, EVP and chief development officer, North America, Wyndham Hotel Group and text Wyndham breaks ground on first hotel for new extended-stay brand

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Congrats to #CREF board member Jackie Soffer P ’20, chairman and CEO, Turnberry as the company’s joint venture to open a world-class medical center at SoLé Mia, North Miami, breaks ground! physician-news.umiamihealth.…
photo of person in lab coat with blue background and healthcare graphics, with photo of Jackie Soffer P ’20, Chairman and CEO, Turnberry and text UHealth Breaks Ground on New North Miami Location

ALT photo of person in lab coat with blue background and healthcare graphics, with photo of Jackie Soffer P ’20, Chairman and CEO, Turnberry and text UHealth Breaks Ground on New North Miami Location

Return to work is happening, but not exactly as expected. #CREF board member Marty Burger, P ‘17 & ‘20, CEO, @Silverstein Properties; “We’re experiencing people coming back…I think Tuesday - Thursday, you’re going to see maybe 70-80% office occupancy.” bit.ly/3S2EUiY
blue image of building with green-gray shapes in background, photo of Marty Burger, P ‘17 & ‘20, CEO, Silverstein Properties, and text Silverstein CEO: RIP Five days a week in the office

ALT blue image of building with green-gray shapes in background, photo of Marty Burger, P ‘17 & ‘20, CEO, Silverstein Properties, and text Silverstein CEO: RIP Five days a week in the office

Commenting on the recent acquisition of $430M apartment complex in South Florida, #CREF board member Alfonso Munk ‘96, CIO, Americas, @Hines, cited the growing demand for “luxury mixed-use, transit-oriented developments” in the area. realtynewsreport.com/430-mil…
Photo of apartment complex from above with headshot of Alfonso Munk ‘96, CIO, Americas, Hines and text $430 Million Apartment Purchase by Hines

ALT Photo of apartment complex from above with headshot of Alfonso Munk ‘96, CIO, Americas, Hines and text $430 Million Apartment Purchase by Hines

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Read what #CREF advisory board member Kevin Davis, senior managing director - hotels & hospitality group, @JLL had to say about transaction while working on behalf of the borrower: bit.ly/3DbfOKq
Blue-green oil paint background with text Jones Lang LaSalle Incorporated : Electra America Hospitality Group acquires historic boutique hotel in Boston’s Back Bay; headshot of Kevin Davis senior managing director - hotels & hospitality group, JLL

ALT Blue-green oil paint background with text Jones Lang LaSalle Incorporated : Electra America Hospitality Group acquires historic boutique hotel in Boston’s Back Bay; headshot of Kevin Davis senior managing director - hotels & hospitality group, JLL

Congratulations to #CREF board member company @CBRE for being named “Best Place To Work for Disability Inclusion” for two years running! bit.ly/3xr3nqv
photo of person with prosthetic arm giving presentation; text CBRE Named “Best Place To Work for Disability Inclusion” for Second Consecutive Year, CBRE logo, gray background with gold lines

ALT photo of person with prosthetic arm giving presentation; text CBRE Named “Best Place To Work for Disability Inclusion” for Second Consecutive Year, CBRE logo, gray background with gold lines

Please join us in welcoming new #CREF advisory board member David Mei ‘94, vice president, global capital, investments & transactions, @IHGhotels ! sha.cornell.edu/people/david…
headshot of David Mei ‘94, vice president, global capital, investments & transactions, IHG, with IHG logo, CREF logo and text Welcome, New CREF Board Member!

ALT headshot of David Mei ‘94, vice president, global capital, investments & transactions, IHG, with IHG logo, CREF logo and text Welcome, New CREF Board Member!

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#CREF board member Alan Kanders ‘87, principal, Three Wall Capital shares his thoughts on Aimbridge Hospitality’s recent additions to Three Wall’s portfolio: bit.ly/3pFYFAR
photo of person in hotel room with yellow suitcase, text Aimbridge Hospitality Adds Trio of Extended Stay Hotels to Growing Three Wall Capital Portfolio, photo of Alan Kanders ‘87, principal, Three Wall Capital

ALT photo of person in hotel room with yellow suitcase, text Aimbridge Hospitality Adds Trio of Extended Stay Hotels to Growing Three Wall Capital Portfolio, photo of Alan Kanders ‘87, principal, Three Wall Capital

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Recently, #CREF board members Kevin Davis, senior managing director - hotels & hospitality group, @JLL; Rob Kline ‘84, CEO and co-founder, Chartres Lodging Group; & David Pollin ‘90, co-founder and president, @Buccini/Pollin talked industry hiring issues. bit.ly/3TcCRdq
photo of desk bell with text As Travel Returns, The Search For Labor Bedevils D.C.’s Hotel Industry, with photos of Kevin Davis, senior managing director - hotels & hospitality group, JLL; Rob Kline ‘84, CEO and co-founder, The Chartres Lodging; & David Pollin ‘90, co-founder and president, Buccini/Pollin Group Group

ALT photo of desk bell with text As Travel Returns, The Search For Labor Bedevils D.C.’s Hotel Industry, with photos of Kevin Davis, senior managing director - hotels & hospitality group, JLL; Rob Kline ‘84, CEO and co-founder, The Chartres Lodging; & David Pollin ‘90, co-founder and president, Buccini/Pollin Group Group

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Please join us in welcoming new #CREF advisory board member, Jeffrey Kruse ‘16, managing director, Kolter Group! sha.cornell.edu/people/jeffr…
headshot of Jeffrey Kruse ‘16, managing director, Kolter Group with Kolter Multifamily logo, CREF logo, and text Welcome,New CREF Board Member!

ALT headshot of Jeffrey Kruse ‘16, managing director, Kolter Group with Kolter Multifamily logo, CREF logo, and text Welcome,New CREF Board Member!

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Aventura Mall's Treats Food Hall promises to be an exciting addition to the established shopping center. #CREF board member, Jackie Soffer P '20, co-chair and CEO of Turnberry Associates discusses highlights of the project in a recent article: bit.ly/3bNFC48
Rendering of Aventura Mall's Treats Food Hall from Aventura Mall, Text reading Aventura Mall Food Hall to Include Todd English Concept, Shake Shack, and Other Local Favorites, By: LAINE DOSS. Headshot of Jackie Soffer P ’20, Chairman and Chief Executive Officer, Turnberry.

ALT Rendering of Aventura Mall's Treats Food Hall from Aventura Mall, Text reading Aventura Mall Food Hall to Include Todd English Concept, Shake Shack, and Other Local Favorites, By: LAINE DOSS. Headshot of Jackie Soffer P ’20, Chairman and Chief Executive Officer, Turnberry.

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The price of hotels rose in most regions, some hitting historic highs, but @CornellSHA professor Crocker Liu raises concerns regarding the rise in borrowing costs that have accompanied these price increases. How will it all shake out? Full publication: bit.ly/3zJAd6g
Cartoon of sailboat on blue lake with tan shoreline and blue sky. Text reading Heading into Economic Headwinds, Cornell Hotel Indices: Second Quarter 2022. Headshot of Crocker H. Liu, Robert A. Beck Professor of Hospitality Financial Management, Cornell Nolan School of Hotel Administration

ALT Cartoon of sailboat on blue lake with tan shoreline and blue sky. Text reading Heading into Economic Headwinds, Cornell Hotel Indices: Second Quarter 2022. Headshot of Crocker H. Liu, Robert A. Beck Professor of Hospitality Financial Management, Cornell Nolan School of Hotel Administration

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A true force in the real estate world, #CREF board member Rachel Roginsky '79, principal, Pinnacle Advisory Group discusses her path to consulting, the importance of giving back, and shares tips for students looking to enter the field. business.cornell.edu/hub/202…
photos of skyscrapers with headshot of Rachel Roginsky '79, principal, Pinnacle Advisory Group and text Rachel Roginsky ’79 – The Climb to the Top BY: PRAMEELA KOT TAPALLI

ALT photos of skyscrapers with headshot of Rachel Roginsky '79, principal, Pinnacle Advisory Group and text Rachel Roginsky ’79 – The Climb to the Top BY: PRAMEELA KOT TAPALLI

Please join us in welcoming new #CREF board member Justin D. Smith ‘00, president, Prestige Hospitality Group! sha.cornell.edu/people/justi…
headshot of Justin D. Smith ‘00, president, Prestige Hospitality Group with CREF logo, Prestige Hospitality Group logo, and text Welcome, new CREF board member!

ALT headshot of Justin D. Smith ‘00, president, Prestige Hospitality Group with CREF logo, Prestige Hospitality Group logo, and text Welcome, new CREF board member!

Please join us in welcoming new #CREF board member Faron A. Hill, MBA ‘20, founder and president, Peregrine Oak! sha.cornell.edu/people/faron…
headshot of Faron A. Hill, MBA ‘20, founder and president, Peregrine Oak with CREF logo, Peregrine Oak logo, and text Welcome, new CREF board member!

ALT headshot of Faron A. Hill, MBA ‘20, founder and president, Peregrine Oak with CREF logo, Peregrine Oak logo, and text Welcome, new CREF board member!

Recognizing that people with neurological differences offer a different perspective to analyzing data and problem-solving, #CREF board member company Brookfield Properties @Brkfldproprtl will increase neurodiversity hiring with CAI Neurodiverse Solutions. yhoo.it/3nX5htE
Photo of two people shaking hands with text Brookfield Properties Accelerates Neurodiversity Hiring with CAI Neurodiverse Solutions and Brookfield logo.

ALT Photo of two people shaking hands with text Brookfield Properties Accelerates Neurodiversity Hiring with CAI Neurodiverse Solutions and Brookfield logo.

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