The 12 th Annual Cornell International Real Estate Case Competition (CIRECC) held its final round on Friday, November 6, 2020, culminating five intense days of analysis, preparation, and coaching. This year's winner was Cornell's own WEBS Group. Cornell had not won this event since 2015. Sponsored by the Center for Real Estate and Finance (CREF) and developed by the School of Hotel.. The Cornell International Real Estate Case Competition, developed by Cornell Peter and Stephanie Nolan 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.

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. Biography. Peng Liu is a full professor of real estate and finance at Cornell SC Johnson College of Business. He has held the position of Singapore Tourism Distinguished Chair Professor in Asian Hospitality Management at the Cornell Peter and Stephanie Nolan School of Hotel Administration since 2016 and became an inaugural faculty member at the Paul Rubacha Department of Real Estate in 2023.