Crocker H. Liu

Crocker H. Liu is the Robert A. Beck Professor of Hospitality Financial Management at the Cornell University School of Hotel Administration and a professor of real estate. He previously held positions at New York University’s Stern School of Business (1988-2006) and Arizona State University’s W.P. Carey School of Business (2006-2009), where he served as director of the Center for Real Estate Theory and Practice.

• Education
• Ph.D. in Finance and Real Estate from University of Texas (1988)
• MS in Real Estate from University of Wisconsin
• BBA in Real Estate and Finance from University of Hawaii

Professor Liu’s research focuses on real estate finance, agency issues, corporate governance, organizational forms, market efficiency, and valuation. His work has been published in top-tier journals such as the Review of Financial Studies, Journal of Financial Economics, and Real Estate Economics. From 2001 to 2014, he served as co-editor of Real Estate Economics, the leading academic journal in the field.

He has won significant recognition for his teaching and research, including five teaching awards at NYU (e.g., Undergraduate Teacher of the Year, Executive MBA in Finance Teacher of the Year) and seven research awards. His professional accolades include the Power Player of the Year Award (2007, 2008) from the Phoenix Business Journal and membership in Lambda Alpha, an honorary land economics fraternity.

Professor Liu’s career spans academia and industry, with prior experience as a professional realtor in Hawaii (1972-2002) and vice president at Prudential Real Estate Investment Group (1992-1993). He has consulted for major organizations like Fannie Mae, Deutsche Bank (RREEF), and Standard & Poor’s.