The Center for Real Estate and Finance at Cornell University hosted the third annual Cornell International Real Estate Case Competition November 10, 2011.

The top undergraduate academic real estate programs in the world entered teams of six real estate students to compete in this exciting and enriching academic event. Each team had five days to prepare their analysis of the "Chelsea Plaza" case and make a recommendation, which was based on an actual commercial real estate transaction.

Teams presented their analysis to a panel of judges, who determined a winner based on the best overall analysis and presentation. The teams were 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.