Featured CREF Advisory Board Members
Kate Henriksen '96, a veteran RLJ Lodging Trust executive, is senior vice president of investment and portfolio analysis. She is responsible for managing the underwriting process on RLJ’s potential hotel investments and for asset management of the portfolio on a strategic level.
Mark Owens '00 is an executive vice president and the head of hospitality capital markets for CBRE Hotels. He is responsible for the origination and placement of hospitality-related transactions, including debt, equity, joint venture equity, and transaction sales.
Robert M. White Jr., CRE, is the founder and president of Real Capital Analytics Inc., an international research firm that publishes the Capital Trends Monthly. Real Capital Analytics provides real time data concerning the capital markets for commercial real estate and the values of commercial properties.
The 13th Annual Cornell International Real Estate Case Competition was held virtually on Friday, November 12, 2021. Thirteen teams from around the world will compete for a total of $10,000 in prize money. The final teams placed as follows:

1st place: Blue Water Advisors, University of British Columbia – Sauder
  • Harry Fan '21
  • Reigan Lee '23
  • Jarnail Parmar '23
  • Maddie Rainer '22
  • Habib Soofi '22
2nd place: KS Capital, The Chinese University of Hong Kong
  • Vivian Ma '22
  • Hilda Cheng '22
  • Johnathan Lee '22
  • Jeanie Wong '22
  • Winnie Wong '23
  • Eileen-Marissa Chiu '23
3rd place: Sonic the Hedgefund, Cornell University
  • Jai Patel '22
  • Sharon Chen '22
  • Angela Lu '22
  • Abhi Goyal '21
  • Emily Wu '22
  • Alex Izvolsky '23
The finals available to be streamed on our website.
Upcoming Events
7th Annual Titans of Real Estate
Stay tuned for more details!
Third Quarter 2021 - Pole Vaulting to New High
Crocker Liu, Adam Nowak, & Robert White Jr.
Hotel prices continued to gain ground during the recent quarter, regaining losses incurred during the pandemic. Prices in all regions are reverting to their long-term average, with hotels in the Pacific and South Atlantic regions rising above their standardized average.

Case Study Explores Real Estate Investment in Shanghai
Professor Peng Liu and Terence Loh ’97, MBA '06, challenge students to solve a real-world business problem in their case study, “Real Estate: Private Equity Investment in Shanghai.”
This research was published jointly by the Center for Hospitality Research and the Center for Real Estate and Finance.

"Given that hotels are both operating businesses and real estate investments it is vital that students are given the opportunity to engage in learning about real estate in as much depth as they wish.  I have been honored to serve the CREF as one of the Founding Members of the CREF Advisory Board and to witness the growth in quality and effectiveness of this program over the years."

- Rob Kline '84, CEO and Co-founder, The Chartres Lodging Group
CREF Featured Corporate Partners

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