Real Estate Students Take Second Place in UNC and Ryerson Case Competitions
Over the course of the spring semester, many real estate undergraduate and MBA students at the University of Wisconsin-Madison have competed and placed in prestigious real estate case competitions around the country. These case competitions demand an extraordinary amount of time from our students on top of their other academic and extracurricular responsibilities. But the results show that our students can more than hold their own with anybody else in the country!
UNC-Chapel Hill Real Estate Development Challenge: The UW-Madison MBA Real Estate team of Bryan Johnson, Joel Schneider, Charlotte Du and Justin Kremers took second place at the UNC-Chapel Hill Real Estate Development Challenge. The competition was made up of 14 top MBA schools, including the Leonard N. Stern School of Business (NYU) , Columbia Business School, Kellogg School of Management (Northwestern) and The Wharton School (University of Pennsylvania).
The team was assembled following two case competitions within the RE750 class. Case Competition advisor, Arif Qureshi, noted that each team member earned a spot on the team by emerging as a top performer in the following skills: presenter, market research, SketchUp modeling and financial analysis.
Together, the team developed a feasibility proposal for a 3.6-acre site in Dania Beach, FL, along the waterway. Kenan-Flagler Business School (UNC) received first place honors, and Duke rounded out the top three with a third place finish. This outcome marks the 4th final-round finish out of five attempts, making UW the most consistent team to make the final round in this competition.
Ryerson Toronto Expand Your Empire: A team of four UW-BBA Real Estate students competed at the 2019 Ryerson Toronto Expand Your Empire case competition in early February. The team, consisting of Andrew Greiner, Mathew Reynolds, Sean Casey and Charlie Monnat (left to right), vied against a field of 12 extremely able teams, and brought home a second-place finish and a $5,000 prize. 2019 Ryerson Toronto Expand Your Empire competition out of 12 teams.
Over the course of a month, the team developed a feasibility proposal for a 4.9-acre city-owned site located in Toronto’s Etobicoke submarket. This case competition was an excellent capstone learning opportunity that fused classroom learnings with work experience. In addition, students built strong relationships with their teammates, networked with industry professionals and fellow competitors, and learned new skills that will allow them to hit the ground running as they start their careers in real estate development.
Case competition advisor, Arif Qureshi, said “The team gave two outstanding presentations, receiving rave reviews from the judges, and were excellent ambassadors of the UW-real estate program.” The team finished second behind Wharton, with the home team, Ryerson University filling in the top three. Congratulations to all!
ULI Hines Student Competition: Jared Schnoll teamed with students from Kansas State University to earn an Honorable Mention in the 2019 ULI Hines Student Competition. Honorable Mention awards were given to the top 13 or top 14% of all submissions from a pool of 90 teams.
Schnoll helped his team put together a design and feasibility proposal for an urban development site in Cincinnati, OH, that required collaboration from real estate finance, architecture and urban planning. It gave an early career glimpse of challenges that developers, planners and architects face when redeveloping urban infill sites.