[Excerpt] Welcome to the 2012 edition of the Cornell Real Estate Review (CRER), a publication that features practical, applied research interspersed with commercial real estate cases and industry awards. The Cornell Real Estate Review, similar to the Law Review structure found in most US Law Schools, is edited and managed by graduate students in the two-year Cornell University Baker Program in Real Estate who serve as the managerial and editorial staff with Cornell faculty oversight. Beginning in 2012-2013, however, the CRER will add an editorial board with peer review comprised of real estate faculty and practitioners as the Review further enhances its scholarly value to the field.