Students Win Real Estate Challenge
The SDSU team has won the competition four of five times.
The San Diego State University College of Business Administration announced that six students affiliated with the school’s Corky McMillin Center for Real Estate won the fifth annual 2015 NAIOP University Challenge.
SDSU — which has won the competition four of five times — competed with students from the University of San Diego and the University of California at San Diego.
This year, teams were asked to create a development proposal that would recommend the best use of a 13-acre property in the Encanto Hills neighborhood of San Diego in accordance with the interests of the community and the property owner, the Jacobs Center for Innovation. The teams had to work within the parameters of a set master plan, which included a movie theatre and a parking structure.
“The SDSU students worked especially hard on this project as they attended planning meetings, conducted detailed market research and vetted their presentation with local industry leaders,” said Mark Goldman, SDSU real estate lecturer. “They got the support and assistance of many of the board members from the Corky McMillin Center and SDSU alumni who are real estate professionals.”
The teams were judged by local real estate professionals who reviewed the proposals and the presentations made by each team. The team from SDSU consisted of students Jeffrey Crocker, Jack Losey, Byron Fisher, Madison Amaral, Abbie Hawkins and Zach Lawless.
“We are honored that NAIOP recognized our outstanding students and rewarded their hard work toward a real-world commercial real estate challenge,” said Mehdi Salehizadeh, interim director of the Corky McMillin Center for Real Estate.
“Earning this prestigious award confirms the creativity and outstanding contributions offered by our students, our faculty and The Corky McMillin Center for Real Estate to the San Diego business community.”
NAIOP is a national commercial real estate development association for developers, owners and related professionals in office, industrial, retail and mixed-use real estate.