GREA Update

The GREA co-organized happy hour event with CUREC at the LazyDog in downtown Boulder. Students utilized the opportunity to network with fellow real estate students as well as some of our academic staff.

The GREA successfully delivered our first lunch and learn which the main focus was on an internship panel of second years who had an internship opportunity in real estate over the summer. Multiple students came up to GREA after the meeting thanking us for such an informative meeting.

The GREA in particular Katie Bloudoff and Chris Antonov, successfully led our first off site with Morgan Creek Ventures. Twelve students were able to attend in addition to Katie Latier. I have heard rave reviews on the tour, the GREA will make it a priority to lead similar type event in the near future.

Undergraduate Real Estate Program Update

The RE Certificate Program continues to show solid growth. The real estate seniors are breaking our record as our largest senior class of 94 students. Ten of them are graduating in December 2016 and the other 84 will be enrolled in the 2017 spring RE Internship class. Here’s a breakdown of what they are studying in addition to the Real Estate Certificate.

Overall, we currently have a total of 141 seniors, juniors and sophomores signed up to earn the Real Estate Certificate including 40 young women. This fall we are offering 6 sections of real estate classes (Principles, Finance, Law and Development) and have filled 320 seats with interested students.

Co-Curricular Events this Academic Year - In addition to the bi-weekly meetings of the RE Club with outstanding industry speakers, construction site tours and Habitat for Humanity service projects, the Center offers a large number of co-curricular activities. Every fall we have a basic Excel training class for 6 weeks (non-credit) plus an advanced Excel for real estate analysis workshop in early December.

The undergraduate club is organizing an industry association night in early November. We should have 14 or so associations present (ULI, NAIOP, CREW, etc) to talk to students about student memberships and events. The graduate real estate students (MBA/MS) will be invited, too.

Job Placement for the May and August 2016 Grads - Job placement this past spring and summer was very successful with a 93% placement rate for the real estate seniors who were looking for employment. Newly minted graduates are working for CBRE (Denver), Marcus & Millichap (Chicago and San Diego), Prologis, King Soopers Real Estate Division, United Properties, Broe RE Group, Conscience Bay, Rare Space, Prior and Associates, Bellweather Asset Management (LA), Ruschmeyer Corporation, Inverness Properties, McCaffrey Interests and Berland Development Group among others.

MBA Internships and Job Placement

Thank you to all of the companies that have placed our graduate students and graduates into internships and permanent jobs this year!

  • Baceline Investments
  • Coburn
  • D4 Urban
  • Dividend Capital
  • EverWest
  • First National
  • Forum Real Estate
  • Headwaters MB
  • JL Properties
  • JLL
  • Legacy Capital
  • McCaffery Interests
  • McKinsey & Company
  • Morgan Creek Ventures
  • Palisade Partners
  • Pulte Mortgage
  • RE Solutions
  • Sandia Labs
  • SB Clark
  • Silverwest
  • Trammell Crow Residential
  • UDR
  • Urban Villages
  • UNDERGRADS TO ADD RE CASE COMPETITIONS

    The CU Real Estate Center will again be sending teams of undergrad real estate students to several real estate case competitions this year. A couple of years ago we only participated in one event – the USC International Real Estate Case Competition each spring semester. Last year we participated in three events, and this year the plan is to add a fourth competition.

    This year’s case competitions open with the Sherman Miller Real Estate Competition later in the fall semester. This event enters its third year and pits teams from CU, CSU and DU fighting it out over instate bragging rights. CU won the inaugural event in 2014, but placed second to CSU in last year’s event. CU plans to return to its winning ways as DU hosts the event for the first time on November 4th.

    First up in the spring semester will be the new event for CU – the Villanova Real Estate Challenge. Just a couple of weeks later comes the international competition at USC. And the final event will be the retail case competition hosted by Cornell at ICSC’s annual RECon convention in Las Vegas in May. As you can see, there’s no rest for the weary during our spring semesters.

    These case competitions give our students a fantastic opportunity to take what they have learned and are continuing to learn in the classroom and put it all together in a “real life” application. It is not only very challenging and rewarding in itself, we’ve found it gives our students a major advantage as they enter the industry with experience in organizing, analyzing and presenting complex real estate investment and development deals.

    Our participation in these events would not be possible without ongoing support from our Council Members and other industry partners. Thank you!

    Undergraduate Team again shows well at USC Case Competition

    A team of six Leeds undergraduate real estate students again travelled to Southern California in April to compete at the annual USC International Real Estate Case Competition. CU continued to show well in the competition against the best undergraduate real estate programs from around the country and the world.

    CU competed against the National University of Singapore, University of Auckland, University of Wisconsin, University of Texas, Villanova, Ohio State University, Southern Methodist University and USC. U.S. News ranks Wisconsin, USC and Texas #2, #5 and #6 nationally for undergrad real estate programs. Wisconsin won the competition just beating out the Buffs according to the panel of industry professionals who judge the competition. Team members included Megan Turner, Dalton Skach, Ell Johnston, Sam Arthur, Katya Golynko and Toby Kropp. All are seniors or juniors earning their Real Estate Certificates at Leeds.

    The students audition for the team and then work throughout the semester with faculty, past team members and industry professionals honing their analytical and presentations skills. Each week the team is given a real estate case including financial, economic, market, legal and political assumptions. The team then analyzes the case and presents their recommendations concerning the project. The complexity of the cases and sophistication of the analysis are remarkable for the undergraduate level and push the students to new heights, requiring them to draw on and integrate much of what they’ve learned at Leeds.

    The real estate case competition experience represents the best of active, experiential learning at Leeds. “The case competition experience was fantastic…I now have the ability and confidence to analyze and present real-life real estate deals to real investors.” said team member Katya Golynko. Team member Toby Kropp agreed saying “Being part of the case competition team taught me skills that apply to real life situations, enhanced my professional network and created lifelong friendships.”

    “Competing toe-to-toe against the best undergrad real estate programs year after year shows how our students and program stack up against the very best programs in the country.” said Curtis Sears, Senior Instructor in the real estate program at Leeds. “Every year we’re in the hunt at USC and it’s having a major impact on our program both internally and beyond the walls at Leeds. The opportunity to participate in these case competitions is part of the energy and excitement that is fueling tremendous growth in the real estate program at Leeds…over sixty students will earn their Real Estate Certificate this year at Leeds…more than double the number of just a few years ago. And the consistent performance and success of our teams at USC has caught the attention of others as we’ve recently been invited to participate in two new competitions for CU: a competition hosted by Cornell University at the upcoming ICSC RECon convention in Las Vegas, and an annual competition hosted by Villanova University in Philadelphia each spring.”

    A key to the experience and success of the CU teams is the participation of industry experts and CU Real Estate Center Council members who help coach the students. Special thanks to the past team members and industry professionals who helped coach this year’s team including Evan Austin, Mark Christ, Courtney Colbert, Brett Erb, Joe Faller, Colleen Gawey, Richard Hall, Tripp Howell, Paul Kluck, Sam Makings, Bill Mark, Joe Markman, Leon McBroom, Brian Monahan, Kyle Rhatigan, Matt Riach, Jake Rome, George Ryan, Nick Schoon, Nolan Smith, Kim Sperry, Mary Sullivan, Drew Thomas, Abby Vollmer and Jeff Wingert. Thanks also to Denee Janda, a speech and presentation coach who also works with the team over the semester.

    For more information concerning the CU Real Estate Center’s involvement in the USC International Real Estate Case Competition and other competitions, contact Curtis Sears (curtis.sears@colorado.edu).