Publications

August 2009 (Revised January 2012)
Case

Steel Street

By: Arthur I Segel, William J. Poorvu, Ben Creo and Justin Seth Ginsburgh

The case involves repositioning an old 6-story warehouse in Pittsburgh and many of the issues of rehabilitation and selecting and managing the development team especially in a world of capital market uncertainty. The case also demonstrates the alignment of interests of... View Details

Keywords: Construction; Capital Markets; Financial Management; Investment; Property; Urban Development; Real Estate Industry; Pittsburgh

September 2005 (Revised July 2008)
Case

Rancho Cucamonga

By: Arthur I Segel and David Robert Cotterman

Mikey Jones must decide what type of senior housing to develop, whether he should operate the facility himself, and what financing option he should pursue. View Details

Keywords: Financing and Loans; Investment; Housing; Real Estate Industry

19 Dec 2012
Research & Ideas

Affordable Housing: Israel and the United States

States. At a recent conference at the Gazit-Globe Real Estate Institute of the IDC in Herzliya, we joined residential developers, non-profits, national and local government officials, and academics to brainstorm approaches to affordable... View Details

Keywords: by Nicolas P. Retsinas, John H. Vogel & Charles S. Laven; Real Estate; Real Estate

May 1968 (Revised January 1992)
Case

Graybar Syndications

By: William J. Poorvu

A potential investor evaluates a proposed offering—a major office building in downtown Manhattan. View Details

Keywords: Buildings and Facilities; Investment; Construction; City; Valuation; Real Estate Industry; Real Estate Industry; New York (city, NY)

12 Sep 2007
Op-Ed

Building Sandcastles: The Subprime Adventure

subprime market, that "somebody else" was the lender. If a borrower defaulted, the bank recouped its investment by foreclosing on the home. The house represented collateral that, ideally, would reimburse the lender. Thanks to... View Details

Keywords: by Nicolas P. Retsinas; Real Estate; Real Estate; Real Estate

22 Apr 2020
Research Event

How Investors Are Sizing Up Climate Change’s Risks—and Opportunities

Change,” explored climate change’s profound early effects on portfolio returns and highlighted the growing need for investors to understand how to measure and price climate risk. “We have seen a real shift, with so much more recognition... View Details

Keywords: by Danielle Kost; Financial Services

February 2022 (Revised May 2022)
Case

Jaypee Infratech and the Indian Bankruptcy Code

By: Kristin Mugford, William Vrattos and Radhika Kak

In 2016, India passed a new bankruptcy law (IBC) to counter a brewing bank crisis and increased corporate distress. Homebuilder Jaypee Infratech, one of India largest distressed companies (the “dirty dozen”) began restructuring under the IBC in 2017. Two years later,... View Details

October 2008 (Revised January 2015)
Teaching Note

Polanco: A Fashionable Opportunity

By: Arthur I Segel and Ben Creo

Teaching Note for [209012]. View Details

Keywords: Investment; Planning; Buildings and Facilities; Construction; Design; Property; Opportunities; Legal Liability; Real Estate Industry; Mexico

20 Apr 2020
Book

Why COVID-19 Raises the Stakes for Healthy Buildings

emphasis on indoor air quality and other healthy building measures will diffuse through the rest of the economy. As the country begins to return to work, concerns about the spread of infectious disease will “make it easier than ever to View Details

Keywords: by Kristen Senz; Real Estate; Real Estate

18 Oct 2010
Lessons from the Classroom

Venture Capital’s Disconnect with Clean Tech

global investments in the sector. "I can't tell you how difficult it's going to be to build businesses in this area," Lassiter says. "But, in some sectors, there are real opportunities for... View Details

Keywords: by Carmen Nobel; Energy; Utilities; Financial Services

19 Nov 2012
Research & Ideas

LEED-ing by Example

won't invest until there is sufficient demand, or a large installed base, but demand won't arise until there is an ample supply of key inputs," he explains. "In our setting, government green-building procurement policies can stimulate... View Details

Keywords: by Carmen Nobel; Real Estate; Real Estate; Real Estate; Real Estate

24 Sep 2014
Op-Ed

Tackling Climate Change Will Cost Less Than We Think

promising new approaches, particularly so called "modular" or "fourth generation" nuclear reactors, promise to significantly reduce costs while simultaneously easing doubts over safety and waste disposal. Positive Investments Already Many... View Details

Keywords: by Rebecca Henderson; Energy; Utilities

24 Sep 2014
Op-Ed

The ABCs of Addressing Climate Change (From a Business Perspective)

annually and continues to grow, according to the Wall Street Journal. These bonds are purchased by portfolio investors. Even the real estate industry's leading trade group, the Urban Land Institute, sees resilience-modeling and adaptation... View Details

Keywords: by John Macomber; Energy; Utilities

October 1989 (Revised August 1995)
Case

Tysons Corner

By: William J. Poorvu

Hollinswood Associates, a joint venture partnership, has developed and operated a Marriott Hotel in Tysons Corner, Virginia. The partnership has been very successful in the past but it is now facing a significant cash flow deficit. Designed to examine how a partnership... View Details

Keywords: Conflict Management; Change Management; Partners and Partnerships; Joint Ventures; Cash Flow; Investment; Real Estate Industry; Real Estate Industry; Virginia