The team from the University of British Columbia was named the winner in the sixth annual Cornell International Real Estate Case Competition. The Center for Real Estate and Finance at Cornell University hosted the competition November 4th in New York City and it was sponsored by an all-star lineup of corporate sponsors, led by Title Sponsor TIAA-CREF. The top undergraduate academic real estate programs in the world enter teams of six real estate students to compete in this exciting and enriching academic event. Each team has five days to prepare their analysis and make a recommendation on the case, which is based on an actual commercial real estate transaction. Teams present their analysis to a panel of judges, who determine a winner based on the best overall analysis and presentation. The teams are judged not only on their investment recommendations, their approach to the problem, and their presentation skills, but also on their ability to answer and respond to direct and probing questions posed by the judges.
In addition to the winning team, this year’s competing teams were Brown University, Chinese University of Hong Kong, Cornell University, Indiana University, McGill University, New York University, Renmin University, University of Aberdeen, University of Cambridge, University of Connecticut, University of Guelph, University of Michigan, University of Sydney, University of Texas, University of Wisconsin, and Villanova University.
FIRST PLACE: University of British Columbia Water Street Advisors
SECOND PLACE: University of Wisconsin Green Coast Capital Partners
THIRD PLACE: University of Connecticut Ted’s LLC
FOURTH PLACE: University of Aberdeen Maitland Group
FIFTH PLACE: University of Guelph Borealis Capital Advisors
Other sponsors include:
Ackman-Ziff, Cantor Commercial Real Estate, The Carlyle Group, Clarion Partners, Criterion Real Estate Capital, Grove International Partners, Macklowe Properties, Moody’s Investors Service, National Realty & Development Corp., Paramount Lodging Advisors, Prudential, Sawyer Realty Holdings LLC, Silverstein Properties, Tishman, Westbrook Partners, WX New York Women Executives In Real Estate and hotel sponsor Yotel. The competition is also funded in part by the Marjorie Boas Levins and Jack Levins/F.H.T. Rhodes Real Estate Case Competition Fund.