Real Estate Challenge
Students from the Northwestern Kellogg School of Management Real Estate Program and the University of Chicago Booth School of Business compete in the 12th Annual Booth-Kellogg Real Estate Challenge at the Waldorf Astoria in Chicago. Photography by Eddie Quinones.
The Booth-Kellogg Real Estate Challenge began in 2002. A real estate course was developed at Kellogg to prepare a group of Kellogg students to compete against a group of Booth students to solve a real estate-related problem or question. The Challenge is designed to bring the next generation of real estate leaders together to solve a timely, relevant, and novel problem posed by leading industry professionals. These projects promote the students’ learning by giving them hands-on experience in understanding business strategies in response to specific real estate development and investment opportunities.
Beginning in 2011, the Challenge format was changed from a private presentation to a public event, attended by a diverse group of prominent real estate professionals andheld in downtown Chicago.
Past Booth-Kellogg Challenge topics and winners:
||Plan for investing in Real Estate in Brazil
||Development plan for Lakeside site, Chicago
||Analysis of taking a public REIT private
||Investment analysis of Five institutional-Quality Assets
||Redevelopment proposal of Presidential Towers
||Olympic Village & Post-Olympic Development Plan
||Development of 9th and State St., South Loop
||Development of 1600 –1632 South State St., South Loop
||Development of 1100 Bryn Mawr in Rogers Park
||Development of Library for the Blind at 1055 W. Roosevelt
||The Klee Building –Six Corners Retail at the intersections of Irving Park, Milwaukee and Cicero in “Portage Park”
||The Supreme Life Building, 3501 S. Martin Luther King Drive, commonly referred to as “Bronzeville”.