Cornell University has a powerful international dimension, within which China has been central to its endeavors. Throughout the ongoing urbanization process, real estate has played a critical role in China. The real estate industry in China is evolving from being dominated by residential development to focusing on commercial real estate investment and financing. Chinese investors have become the largest foreign buyers of U.S. property, pouring billions into the market in 2015. The Center for Real Estate and Finance at Cornell is the world leader in research and education on commercial real estate investment, securitization and financing, and cross-border mergers and acquisitions. The center is leading the efforts to expand Cornell’s presence within the Chinese real estate industry.