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Future of Real Estate Competition Rules

Eligibility

  • The competition is open to undergraduate and graduate students.
  • Each team may consist of three (3) to five (5) University of Michigan students.
  • Your team can consist of both undergraduate and graduate students; however, it can not be composed of all graduate students.
  • All participants must be enrolled full-time at Michigan during Winter 2026.
  • Given the case study will have financial, development, statistical research, and design aspects, teams are strongly encouraged to form a multidisciplinary team to best compete. It is recommended each team include at least one member representing each of the following disciplines: investment, development, and design.

Team Registration

  • Deadline to register: Thursday, March 26, 2026, at 11:59pm EST.

Case Release & Preparation Period

  • From this moment, teams may not seek input from faculty, alumni, professionals, or peers. Teams may not attempt to contact real-world principals, brokers, consultants, bankers, etc.
  • All analyses and deliverables must be the original work of the team.
  • Students may use CoStar, publicly available research, standard financial tools (e.g., Excel, CapIQ, Bloomberg), and academic databases.

Questions About the Case

  • Clarification questions may be submitted via email to realestatecompetitions@umich.edu
  • Answers will only be issued to all teams if the case authors determine they are essential and not inferable from the case.

Submission Requirements

  • Final presentations must be submitted as a PDF file no later than Tuesday, April 7, 2025, at 11:59 p.m. EST.
  • Submissions will be collected via a Google Form link shared with all teams.
  • Late submissions or incorrect formats will result in disqualification.

Presentation Format

  • Each team will present live in person on Wednesday, April 8, 2026, at the Ross School of Business
  • Teams will present using a provided computer. No personal laptops permitted.
  • Presentations are limited to 12 minutes, followed by 12 minutes of Q&A from the judges.
  • It is suggested that you bring printed copies of your presentation for the judges.  There will be three judges in the first round and a maximum of five judges in the final round.  
  • All team members must participate in the delivery of the presentation.

Slide Guidelines

  • Decks may include up to 15 content slides, plus a maximum of 5 appendix slides.
  • Title slides and transitions do not count toward the slide limit.

Judging Process and Criteria

  • Teams will be evaluated on:
    • Strategic insight 
    • Analytical rigor and financial justification
    • Practicality
    • Design creativity and feasibility
    • Presentation clarity and delivery
    • Defense of assumptions during Q&A
  • Judges’ decisions are final.

Code of Conduct

  • Teams are expected to uphold the highest standards of academic and professional integrity.
  • Disruptive behavior, plagiarism, or disrespect toward other teams, judges, or event staff will not be tolerated.
  • Failure to comply with any of the rules above may result in immediate disqualification.

Video & Audience Policy

  • No video recording is permitted during preliminary rounds, except by organizers.
  • Final presentations may be recorded and shared by organizers.
  • A professional photographer and videographer will be on-site for the event.  Footage will be utilized for future marketing purposes and social media sharing.

Prizes

Cash prizes will be awarded to top-performing teams. The prize pool is estimated at $25,000, distributed at the discretion of the judges.