On Monday, April 28, the inaugural Kellogg Real Estate Venture Competition took place at Northwestern’s Chicago Campus. MBA teams from Booth, Columbia, Harvard, INSEAD, Kellogg, London Business School, and Wharton participated in the competition. The team from INSEAD won the competition and a $25,000 cash prize for their innovative idea of introducing rotary parking systems to U.S. cities with parking in short supply.
The judges included a distinguished group of real estate professionals:
- Erwin K. Aulis '82, COO, Northwood Investors
- Jeffrey D. Furber, CEO, AEW Capital Management ; Board Chairman, AEW Europe
- Christopher Merrill, Co-founder, President and CEO, Harrison Street Real Estate Capital
- Stephen R. Quazzo, Co-founder and CEO, Pearlmark Real Estate Partners