Real Confidence™ University Portfolio Challenge II; First Quarter Results; USD Leads Private Sector Results

Wednesday, November 2, 2016

2016 Real Confidence™ University Portfolio Challenge II

Altus Group, the National Association of Real Estate Investment Trusts (NAREIT) and National Council of Real Estate Investment Fiduciaries (NCREIF) recently announced the first quarter results from its annual $50,000 University Real Estate Portfolio Challenge. This annual university competition allows teams of students to theoretically allocate $1 billion in capital to a variety of real estate investment choices directly linked to well-known industry indexes.

This years’ University Portfolio Challenge II (UPC II) is comprised of 32 school teams, including Harvard, Johns Hopkins, Pepperdine, Georgetown, University of Wisconsin and the University of San Diego (USD), along with approximately 180 individual student participants. Teams compete for the chance to win a combined $50,000 in prizes over four quarters. The $30,000 grand prize winner will be the top portfolio performer over the entire year, but $2,500 quarterly payments will go to universities with the top public and private sections of their selections. This competition kicked-off on July 1, 2016 and will officially end on June 30, 2017, with a winner being announced in early August 2017.

The 2016 UPC II USD team is comprised of MSRE 2016 alumni John Bainer, Joe Bird, Tommy Edmunds, Abhishek Mukherjee, Michelle Muñiz and Jason Rastegar.

On October 27, Altus Group reported the results for the first quarter results of the competition. The University of San Diego team, using their diversified portfolio style to produce significant returns overall, took the lead in the best private sector results taking home $2,500. The University of Connecticut took the lead for top public sector performance also taking home $2,500.   

Keep an eye on the University Portfolio Challenge website for leaderboard changes, investment strategies, quarterly winners, updated blog posts, team interviews and a variety of shared real estate resources.