The Cornell Center for
Real Estate and Finance

December 2019 Newsletter
From the Director 

This has been an exciting period for the Center for Real Estate and Finance. We have published our new Mission Statement and are in the process of updating our website. We have launched the “rebranded” CREF Index and are finalizing a process for CREF Board members to get a first look and to provide commentary as the index is launched each quarter. CREF, because of all your generous support, was able to fund a Trek for the Cornell Real Estate Club and to send a team to the UBC case competition...READ MORE

Industry Highlights
CREF Index

Professor Crocker Liu, Robert A. Beck Professor of Hospitality Financial Management, recently released the Third Quarter Report for the 2019 Cornell Real Estate Market Indices.

This quarter we have seen the non-gateway cities decline when compared with those in gateway cities...

The Center for Real Estate and Finance has again supported the Cornell Undergraduate Real Estate Club (CREC) Students on their recent educational Trek to New York City for the 37th Annual Cornell Real Estate Conference held on October 18. 2019...READ MORE
UBC Case Competition

The Center for Real Estate and Finance supported a select group of Cornell Undergraduate Real Estate Club Students on their trip to Vancouver, Canada for the UBC Sauder International Real Estate Case Competition held on November 11-12, 2019...READ MORE
Alumni Engagement

Justin Wai '06, Managing Director of The Blackstone Group and Cornell Alumnus joined Cornell University on October 30, 2019, for an open Lecture and Moderated Fireside Chat amongst a large group of Cornell students, faculty, and staff...READ MORE 

Spotlighting Advisory Board Members 
Bob Alter ’73, is president of Seaview Investors, LLC, a real estate investment management company. He is also chairman emeritus and founder of Sunstone Hotel Investors, Inc. (SHO:NYSE) based in Aliso Viejo, California. He founded the company in 1985 as a hotel owner and management company and took it public in 1995...READ MORE
Kate Henriksen '96, is the Senior Vice President of Investment and Portfolio Analysis, a veteran RLJ Lodging Trust executive, is responsible for managing the underwriting process on RLJ’s potential hotel investments and for asset management of the portfolio on a strategic level... READ MORE
Nolan Hecht ’97, is a senior managing director at Square Mile Capital, where he is responsible for overseeing Square Mile’s hospitality equity and debt platforms. In this role, Hecht assists in originating, structuring, underwriting, and closing investments, assists with all ongoing asset-management duties related to hospitality investments...READ MORE
Upcoming Events and Activities
March 6, 2020           6th Annual Titans of Real Estate Panel Discussion, NYC
May 1, 2020              2nd Annual Real Estate Symposium, Ithaca, NY
May 8                        Retail and Hospitality Roundtable, NYC 
May 17-19, 2020       
5th Annual ICSC & Cornell Real Estate Case Competition, Las Vegas, NV 
CREF Featured Corporate Partners

For more information, contact Camden Bushen | Program Manager at | 607-255-1206