Annual University Real Estate Challenge

Founded in 2003, the annual University Challenge is a highlight event for NAIOP Minnesota.

Student teams from regional universities are charged with pitching a deal to potential investors that involves the most profitable yet feasible project that maximizes value while achieving the highest risk adjusted return. The teams are asked to address a development plan, construction timeline, budget, pro-forma, leasing plan and schedule, financing plan and market analysis.

2025 Event Recap »

2026 Timeline: 23rd Annual University Challenge

February: Sponsor Solicitation Begins

University Challenge Committee members will reach out to past and prospective sponsors.

Thursday, April 16: Presentation to NAIOP Audience

University teams will present their proposals to the judging panel early that afternoon. The top three finalists will then present to the NAIOP Minnesota audience.

2026 Event details »

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The Universities

Iowa State University
Marquette University
University of Minnesota
University of Northern Iowa
University of St. Thomas
University of Wisconsin-Madison