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.

2021 Competition Results

Site: Former Nicollet Avenue Kmart, Minneapolis

Past Competition Results

2021 Timeline: 18th Annual University Challenge

Fall 2020: Planning Begins

The committee reviews recommendations and determines the 2021 site location.

February 2021: Sponsor Solicitation Begins

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

April 22, 2021: 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.

2021 Event Details

Connect with NAIOP Minnesota's University Challenge Committee

Chair: Carl Brandt, Great Southern Bank
Email Carl | (763) 255-1657


NAIOP provides strong advocacy, education and business opportunities and connects its members through a powerful North American Network.


The Universities