- Cornell Real Estate Case Competition in New York City
Six students from the Land Economy tripos recently competed in the 4th annual Cornell Real Estate Case Competition in New York City. This was the first time that Cambridge had fielded a team in the competition, which was held in November. Teams from the top US and international universities analysed a 'loan-to-own' case involving the acquisition of several tranches of mezzanine debt secured by equity in a portfolio of commercial properties. Teams presented their recommendations to a panel of industry leaders who then grilled each team on their recommendations. Team member, Ramandeep Singh said "In hindsight, to label our participation at the competition as being academically fruitful would be a great understatement - the chance to interact with students from leading universities, gain the feedback of industry heavyweights, and enjoy a photograph opportunity from the rooftop of the TIAA-CREF building in Midtown Manhattan was a captivating experience." The Cambridge team was sponsored by a generous group of London industry leaders from the Cambridge Land Economy Advisory Board.