On June 16, 2024, the chief executive officer (CEO), founder, and director of V21 Group of Ventures (V21), a real estate conglomerate based in Pune, India, was preparing to meet with members of a housing society in Mumbai to finalize the agreement for a residential reconstruction project. While the CEO had successfully built five real estate ventures, this was V21’s first project in the challenging field of real estate development, and it presented .....more

Sean Campbell founded Union: Sustainable Development Co-operative (Union Co-op) in 2018 to tackle the affordable housing crisis in Waterloo Region, Ontario. Union Co-op combines a community land trust model with for-profit co-operative governance to allow for maximum community engagement while providing permanently affordable housing. Students examine three different properties Union Co-op considered in 2021 and 2022 to decide which one best balances .....more

Arun Excello Homes Pvt. Ltd. operated Ziva, as an “elite active” retirement community carving a premium position for itself. Recently, some of the largest builders in the country had entered the elite market with competing products and were attempting to dent Ziva’s ability to extract a price premium. How could Ziva protect its differentiators and preserve its competitive advantage? Also, Ziva had significant unused land which needed development, .....more

Following the success of its initial efforts toward digital transformation, Vanke Port Apartment (Vanke Group’s long-term rental brand) began investing in technology to enhance its core capabilities. By continuously updating its Rental Management Planning (RMP) system, constructing marketing channels, and developing a one-click project planning function, Vanke Port established itself as an industry leader in digital technology. Furthermore, Vanke .....more

WeWork Companies LLC (WeWork), founded in 2010 by Adam Neumann and Miguel McKelvey, had redefined the global real estate industry with its innovative approach to providing co-working spaces. By 2019, the company’s valuation had skyrocketed to $47 billion, and its service offerings had extended to co-living and education. However, mounting financial losses, debt, and revelations about Neumann’s extravagant lifestyle and poor governance practices led .....more

Teaching note for product W39253.

Indigenous people “continue to have shorter life spans, poorer health, higher unemployment, lower educational levels, and generally far poorer socio-economic conditions than the Canadian average.” To address these issues and build economic self-sufficiency, First Nations communities must be able to exercise their rights to the land they have occupied for millenniums. In British Columbia, most First Nations have never extinguished their Aboriginal .....more

In 2019, Shannondale Developments looked at purchasing the former industrial factory at 152 Shanley Street in Kitchener, Ontario. Nic Tyers, one of the co-owners of Shannondale and Ian Pinchin, the development manager, saw an opportunity and developed an Agreement of Purchase and Sale (APS), working through many challenges to ultimately secure the purchase. The case outlines the situation leading up to the decision to acquire the property and the .....more

Instructor Spreadsheet to accompany product W39060.

As Chief Executive Officer Maya Kambeitz sat in her Calgary office preparing for the upcoming mid-2018 board meeting, she considered a potential growth strategy for Norfolk Housing Association (Norfolk Housing) that would align with its core values: to offer inclusive and affordable housing, and to maintain financial stability in 2019 and beyond. Norfolk Housing was a social enterprise registered as a non-profit corporation in Calgary, Alberta, offering .....more