Cornell Center for Real Estate and Finance names new academic director

Oct 22, 2013

Contact:  Jane Henion, 607.254.8987,

Daniel Quan, professor of real estate, has been appointed the new academic director of the Center for Real Estate and Finance (CREF) at the Cornell School of Hotel Administration. Quan's three-year term as academic director began at the start of this academic year. He succeeds Jan deRoos, HVS Professor of Hotel Finance and Real Estate, who has led the center for the past four years.

"Professor Quan is a dedicated member of our real estate faculty. Among his many accomplishments, he has been instrumental in organizing and growing the Cornell International Real Estate Case Competition since its founding four years ago," said Steven Carvell, associate dean for academic affairs. "As the CREF academic director, Quan will oversee real-estate education, research, and outreach at the school."

Quan's teaching and research interests include real estate and real estate finance, with a special emphasis on securitization and structured finance. Prior to his Cornell appointment, Quan was the chief mortgage economist at the Board of Governors of the Federal Reserve in Washington, D.C. Before joining the Federal Reserve Board, he held academic appointments at the University of Texas, Austin's McComb School of Business, UCLA's Anderson School of Business, University of British Columbia and Uppsala University. Quan attended the University of British Columbia, the London School of Economics, and the University of California at Berkeley where he received his PhD in business administration in finance and real estate. He serves on the editorial boards of several academic journals and is a board of director member for the Asian Real Estate Society. His publications include papers on auction theory, international performance of commercial real estate, role of information in real estate markets, and the pricing and hedging of risk in the hospitality industry.

About the Center for Real Estate and Finance
Established in 2009, the Center for Real Estate and 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

CREF Industry Fellows: Atlantic & Pacific Companies • Caribbean Property Group • Carlson Hotels • Chartres Lodging Group • Crescent Heights • Grove International Partners • Hersha Hospitality Trust • Hilton Worldwide • Hudson Bay Company • HVS • IHG • Jones Lang LaSalle Hotels • LaSalle Hotel Properties • Marriott International •Prudential Real Estate Investors • PWC • Real Capital Analytics • RLJ Lodging Trust • Spring Bay Property Company • Starwood Capital Group • Sunstone Hotel Investors • The Mega Company • W Holdings • Watermark Capital Partners, LLC   • Wells Fargo • Westbrook Partners • Wyndham Hotel Group