The CASE is an international real estate development competition that provides graduate student teams the opportunity to showcase their real estate knowledge, creativity, and problem solving abilities by analyzing and programming a complex real world development site. The CASE is organized and hosted by The CASE Collaborative. The CASE is not an invitation-only competition; it is open to any graduate student team in the world.
Unlike other competitions, The CASE focuses on real estate acquisition, development programming, and investment underwriting at the asset level. The competition mimics the circumstances and challenges that students of real estate finance, construction, planning, and design will encounter in the development industry after graduation.
A competition packet that includes detailed information about a specific development site is distributed to registered graduate student teams of three (3) to four (4) graduate students each. Teams have ten (10) days to submit a brief concept narrative and summary development program, a full Excel-based financial proforma, a presentation slide deck, and a final ‘bid price.’ Based on the submissions received, a panel of distinguished industry professionals selects the top teams to travel to Cambridge, MA to compete live in front of other panels of distinguished industry professionals.
Born out of the MIT Alumni Association of the Center for Real Estate (AACRE), The CASE was created to foster camaraderie among real estate professionals with common interests and to provide a platform for connecting those professionals to the distinguished graduate students who participate in the competition. Since our inaugural competition in 2010, over 800 participants from 45+ graduate programs have competed for the Kent Roberts Trophy and the pride of being selected as the premier young real estate problem solving team in the world.
Boston Properties (NYSE: BXP) is a fully-integrated real estate investment trust that owns, develops, redevelops, acquires, and manages 200 properties (including 14 under construction) consisting of 180 office properties, 13 retail properties, 6 residential properties, and one hotel, totaling approximately 52.7 million square feet. Concentrated in five markets − Boston, Los Angeles, New York, San Francisco and Washington, DC – Boston Properties is one of the largest owners and developers of Class A office buildings and mixed-use properties in the United States.
Turner Construction is a North America-based, international construction services company and is a leading builder in diverse market segments. The company has earned recognition for undertaking large, complex projects, fostering innovation, embracing emerging technologies, and making a difference for their clients, employees and community.
With a staff of 5,200 employees, the company completes $10 billion of construction on 1,500 projects each year. Turner offers clients the accessibility and support of a local firm with the stability and resources of a multi-national organization.
CoStar Group, Inc. (NASDAQ:CSGP) is the leading provider of commercial real estate (CRE) information, analytics, and online marketplaces. Founded in 1987, CoStar currently operates in 368 markets, 2,500 submarkets and over 20,000 neighborhoods across the country, investing $1 billion in the industry’s largest research operation to produce and maintain the most comprehensive database of CRE information.
Goulston & Storrs is an Am Law 200 law firm, with offices in Boston, New York and Washington, DC. With more than 200 lawyers across multiple disciplines, Goulston & Storrs is a real estate powerhouse with leading-edge corporate, capital markets and finance, litigation, and private client and trust practices. Our lawyers employ a proven team approach that values client outcomes over individual recognition.
Would your organization like to partner with The CASE Competition? Our sponsors benefit from exposure to future real estate leaders, unmatched brand awareness among real estate practitioners, and direct access to creative ideas that will help address our cities' most vexing problems.
The CASE has been run by the Alumni Association of the MIT Center for Real Estate (AACRE) since 2009. In 2017, the AACRE partnered with the Paul Milstein Center for Real Estate at Columbia Business School, The University of Cambridge, Harvard Business School, and The Hong Kong University of Science and Technology to form The CASE Collaborative, a consortium of respected graduate real estate programs spanning the Americas, Asia, and Europe. Our mission is to organize the leading real estate development case competition for graduate students globally.
Each year, one of the partner institutions of The CASE Collaborative will host The CASE. This provides fresh ideas for The CASE to flourish and fosters friendly competition among The CASE Collaborative members to put on a remarkable competition for graduate student participants worldwide. Similar to Olympic host cities, each host institution will have a unique opportunity to showcase a prominent development site of its choosing, in its own distinct way. We believe this new global partnership and revolving host format will maintain The CASE’s preeminence among the growing field of real estate development case competitions worldwide.