Effective July 1, the Columbia-Harlem Small Business Development Center will move to Columbia Business School from the Fu Foundation School of Engineering and Applied Science.
The Eugene Lang Entrepreneurship Center has announced the launch of Columbia Business Lab, a new office space in Soho for recently graduated Columbia Business School entrepreneurs.
A new Columbia CaseWorks case by Fred Knapp ’12 and Lynne B. Sagalyn, “Battling Over a New York Workout: The W Hotel Strategy” sets up this true David-and-Goliath story in which the most junior player in the highly leveraged capital stack ended up being made whole on its loan. The saga of the $232-million mortgage and mezzanine debt financing, now known as the “W Strategy,” is one that changed practice, becoming significant in the annals of Uniform Commercial Code foreclosures and bankruptcy transactions.
A report coauthored by Columbia Business School’s Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Finance and Economics; Kansas State Finance Professor Eric Higgins; and Joseph Mason, finance professor at Louisiana State University, finds that the most appropriate way to help the housing market is to stop delaying foreclosures.
