Real Estate Challenge

Real Estate Challenge 2013 
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:

Year Project Title Project Winner
2013     Plan for investing in Real Estate in Brazil     Booth
2012 Development plan for Lakeside site, Chicago Booth
2011 Analysis of taking a public REIT private Booth
2010 Investment analysis of Five institutional-Quality Assets Kellogg
2009 Redevelopment proposal of Presidential Towers Kellogg
2008 Olympic Village & Post-Olympic Development Plan Booth
2007 Development of 9th and State St., South Loop Booth
2006 Development of 1600 –1632 South State St., South Loop Kellogg
2005 Development of 1100 Bryn Mawr in Rogers Park Kellogg
2004 Development of Library for the Blind at 1055 W. Roosevelt Booth
2003 The Klee Building –Six Corners Retail at the intersections of Irving Park, Milwaukee and Cicero in “Portage Park” Kellogg
2002 The Supreme Life Building, 3501 S. Martin Luther King Drive, commonly referred to as “Bronzeville”. Kellogg