One of AREC’s prime objectives is to extend our membership base far beyond the Baker Program in Real Estate and the Johnson Graduate School of Management. As a result, theAssociate Real Estate Council has a highly-connected, diverse membership base that includes students from more than eight academic departments at Cornell, and which constitutes a network that will extend far beyond the classroom and into the real estate industry.
AREC’s membership base currently consists of students from the following Cornell departments:
- Baker Program in Real Estate
- Johnson Graduate School of Management
- Masters of Management in Hospitality Program
- Department of City & Regional Planning
- Cornell Law School
- Industrial & Labor Relations School
- Department of Architecture
The Cornell Real Estate Council
The Cornell Associate Real Estate Council started with a small group of alumni in the 1970s. Total membership now consists of over 1,600 real estate professionals worldwide and includes some of the most prominent real estate leaders in the industry. The Council strongly supports the Baker Program in Real Estate and the broader real estate community at Cornell. Members of the Council serve the university as a source of expertise in many areas of interest such as investment advice for endowment, planning and property development. They also participate in symposia, deliver lectures, interact with students to offer industry perspectives and case studies, and serve as a job network for summer and permanent positions.
Membership in AREC is a precursor to membership in the Cornell Real Estate Council. A high level of interaction and cooperation exists between AREC and the Cornell Real Estate Council and many AREC events are geared toward further building those meaningful links between students and Cornell real estate alum. Cornell Real Estate Council members have been extremely supportive of AREC initiatives, including involvement in the Career Path Seminar Series, in career and real estate workshops, and as participants and hosts of our real estate treks. Additionally, many internship and full-time positions come about because of the strong relationship that exists between Cornell students and Cornell alumni.
The Baker Program in Real Estate
The Baker Program in Real Estate has long been recognized as the most comprehensive real estate program in the country. The two-year program’s innovative and multi-disciplinary approach to producing future leaders in real estate has distinguished itself around the world. The Baker Program in Real Estate has accomplished this in many ways, including:
- Being the only two-year real estate program of its kind;
- Maintaining the largest on-campus real estate field faculty in the country;
- Offering a comprehensive, robust selection of concentrations and electives based in various Cornell departments that are among the world’s finest in their respective fields, including the Cornell School of Hotel Administration, the Johnson Graduate School of Management and the School of City and Regional Planning;
- Building the Cornell Real Estate Council, a 1600-member strong (and growing) network of real esate professionals from around the world;
- Publishing its Cornell Real Estate Review, a real estate-focused academic publication that balances academic research with real-world industry knowledge;
- Producing its Real Estate Case Study Series, a recent initiative that will see the Baker Program in Real Estate become one of the most prominent producers of case studies, with a unique and highly-specialized niche in real estate;
- Continuing its Real Estate Project Workshop (“Capstone”) experience, a final semester capstone course that integrates real estate knoweldge with real world experience as a culmination of students’ education at Cornell;
- Producing a weekly Distinguished Speakers Series, which brings many of the top real estate leaders in the country to Cornell. Recent speakers have included Larry Silverstein, Richard Baker,Robert Toll, Gerald Hines, and Jorge Perez;
- Hosting its annual Cornell Real Estate Conference, which brings together many of the top real estate professionals and employers, together with Baker Program in Real Estate students and faculty members;
- Providing dedicated career services to its students.
AREC partners closely with the Baker Program in Real Estate in order to create an experience and level of industry access for AREC members that is unparalleled in graduate level real estate and business education. Several Baker students serve as AREC Advisory Board members and the Baker Program actively supports the AREC mission.