Caribbean Property Group becomes Industry Fellow of the Center for Real Estate and Finance

Apr 17, 2012

Contact:  Jane Henion, 607.255.9780, jmh222@cornell.edu

Leading real estate investor Caribbean Property Group (CPG) has joined the Industry Fellows program at the Center for Real Estate and Finance (CREF) at Cornell University's School of Hotel Administration. The CREF Industry Fellows program is the cornerstone of the center's outreach efforts and helps fund the annual Cornell International Real Estate Case Competition, seminars on current industry topics, student travel to real estate investment conferences, and faculty research.

"We are pleased to welcome CPG to the Industry Fellows program and to have CEO Mark Lipschutz join the CREF advisory board," said Jan deRoos, HVS Professor of Hotel Finance and Real Estate and executive director of CREF. "The support of the Industry Fellows has been critical to the success of CREF, and CPG will bring a wealth of knowledge and expertise to the program."

Lipschutz, chief executive officer and founding principal of CPG, will represent the company at meetings of the Industry Fellows. Lipschutz is also of counsel at the New York law firm of Cooley Godward Kronish LLP. Previously, Lipschutz was chair of the Real Estate Group and a member of the Executive Committee of the law firm Kronish Lieb Weiner & Hellman. He received an undergraduate degree from the Cornell School of Hotel Administration and graduated from the University of Pennsylvania Law School.

"The growth of our industry requires the constant development of new knowledge for professionals and training for future leaders. CPG is excited to work with the Center for Real Estate and Finance to help address both of these needs," said Lipschutz.

About CPG
Caribbean Property Group is one of the leading real estate investors, developers, and asset managers in Puerto Rico, the Caribbean, and Central America. Since its founding in 1998, CPG has acquired, developed, or redeveloped approximately $2.2 billion of real estate assets. With offices in New York City, West Palm Beach, and San Juan, Puerto Rico, CPG offers numerous strategic advantages. Learn more at cpgrealestate.com.

About the Center for Real Estate and Finance
Established in 2009, the Center for Real Estate Finance provides a platform for educating students, creating new knowledge through research activities, and exchanging information about real estate with a broad set of audiences. CREF is at the forefront of research in all areas of commercial real estate, from the study of the behavior of real estate assets in investment portfolios to an understanding of real estate capital markets to the science of hedging real estate risk. To learn more about CREF, visit www.cref.cornell.edu.

CREF Industry Fellows: Abacus Lodging Advisors • Archon Group, LP • Atlantic & Pacific Companies • Caribbean Property Group • Carlson Hotels • Chartres Lodging Group • Crescent Heights • Hersha Hospitality Trust • Hilton Worldwide • HVS • Jones Lang LaSalle Hotels • LaSalle Hotel Properties • Marquette Real Estate Group • Marriott International • National Realty & Development Corp. • Prudential Real Estate Investors • Real Capital Analytics • Sawyer Realty Holdings • Spring Bay Property Company • Starwood Capital Group • Sunstone Hotel Investors • W Holdings • Watermark Capital Partners, LLC  • Wyndham Hotel Group

CREF Friends: AREA Property Partners • BlackRock • Clarion Partners • Commercial Mortgage Alert • GTIS Partners • Mid-America Management Corp • TIAA-CREF • Westport Capital Partners LLC • Westbrook Partners