Cornell International Real Estate Case Competition


The Cornell International Real Estate Case Competition, developed by The School of Hotel Administration at Cornell University, attracts a global array of students and tasks the teams with analyzing an actual commercial real estatetransaction, rendering a recommendation, and providing a presentation of their analysis and proposal. The competition itself is the culmination of an intensive five-day analysis preparation by the students and a full day of presentations. The teams are judged on their investment recommendations, approach to the problems, and presentation skills. Judges in the competition are real estate executives representing top companies in the industry.


The 13th Annual Cornell International Real Estate Case Competition was held virtually on Friday, November 12, 2021. Thirteen teams from around the world competed for a total of $10,000 in prize money. The finals were recorded and can be viewed below.

Participating universities

  • Cornell University
  • Indiana University
  • KTH Royal Institute of Technology
  • New York University
  • Penn State University
  • Sauder School of Business, UBC
  • Southern Methodist University
  • The Chinese University of Hong Kong
  • University of Connecticut
  • University of Guelph
  • University of Michigan
  • University of Wisconsin, Madison

Industry judges

  • Andrew Gindy ’11, Senior Principal, Walton Street Capital, LLC
  • Jakub Hejl, President & Founder, Westside Capital Group
  • Alan Kanders ’87, Managing Member & Founder, Three Wall Capital
  • Jason Kaufman ’87 (A&S), Managing Director of Fund Management, Silverstein Properties
  • Bruce Kimmelman ’91, Executive Vice President of Capital Markets & Acquisitions, Macklowe Properties
  • David Martin, Chief Executive Officer, Terra
  • Frank Patafio, Senior Executive Vice President, Portfolio Manager & Head of Investment Management Group , RXR Realty
  • Matthew Shore ’00, Chief Investment Officer, DRA Advisors

For information about the competition and sponsorship opportunities, contact cref@cornell.edu.

The competition is funded in part by the Marjorie Boas Levins and Jack Levins/F.H.T. Rhodes Real Estate Case Competition Fund.


Past CIRECC Competitions