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.

2024 Event Recap »  2024 Event Video »

2025 Timeline: 22nd Annual University Challenge

Fall 2024: Planning Begins

The committee reviews recommendations and determines the 2025 site location.

February 2025: Sponsor Solicitation Begins

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

April 10, 2025: 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.


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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