The 2011 Real Estate Symposium took place on December 8, 2011, from 12 to 5 p.m. at Faculty House, Columbia University, and was open exclusively to alumni of Columbia Business School. The keynote speaker was Richard B. Saltzman of Colony Capital.
The 2009 Home Affordable Modification Program (HAMP), which provided loan servicers with sizeable financial incentives to renegotiate mortgages, was intended to help 3 to 4 million struggling homeowners. Instead, the program is benefiting just over a third of that target, according to a paper coauthored by Edward S. Gordon Associate Professor of Real Estate Tomasz Piskorski. The study finds that if the worse-performing banks had simply modified loans at the same pace as their better performing peers, then HAMP would have produced about 800,000 more modifications.
CJEB's Director of Research, Chair of the Department of Economics, and Carl S. Shoup Professor of the Japanese Economy David E. Weinstein shared his views on Japanese monetary policy and structural reform in an article published by Toyo Keizai, appearing in print on April 12th, 2014. You can find the full article (Japanese) in PDF format here.
In December 2012 over eighty members and friends of the Columbia Business School community, including current MBA and EMBA students, law students, alumni, and industry professionals gathered at the oceanfront conference facilities of Gurney’s Inn located in Montauk, NY for the 2nd Annual Private Equity Program Deal Camp.