SAN DIEGO—A new $1 billion real estate competition, sponsored by three real estate organizations begins today.
The Altus Group, the National Association of Real Estate Investment Trusts (NAREIT), and National Council of Real Estate Investment Fiduciaries (NCREIF) are sponsoring an annual commercial real estate portfolio challenge titled The Real Confidence University Portfolio Challenge.
The 2015 competition is a hands-on, first-of-its-kind learning experience which includes 15 university teams and over 90 individual participants, all attempting to make a run at the leaderboard. Each year competing universities will elect one team of students to theoretically allocate $1 billion in capital to a variety of real estate investment choices directly linked to well-known industry indexes. The best performing portfolio over a four quarter period will be declared the grand prize winner and receive a $50,000 university scholarship.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
