2022 Future of Real Estate Competition Winners Announced!

Pictured left to right: Jake Albers, Chelsea Gaylord, Gabe Wingert, Izzy Beshouri, Van Nguyen

 

The 2022 Future of Real Estate Competition concluded on October 20th.  This year’s competition featured student representation from more than half U-M’s schools and colleges, with competitors studying 20 different academic disciplines.

In response to global, national, and local prioritization around sustainable development and affordability, we asked students to propose their vision for developing a site in Ann Arbor that meets critical sustainability goals meanwhile maximizing the mix of affordable and market-rate housing.  Teams from across campus responded to the case by creating a website detailing their vision for the site.  Each team gave its best for a chance to win a piece of a prize package of over $10,000.

Three undergraduate teams and three graduate teams made it to the finals to present their proposals to a panel of judges.  Each team did a tremendous job, and the results were extremely close; with less than a point separating first and second place.  When the dust settled, two winning teams were announced.  Izzy Beshouri (PitE ’23) and Van Nguyen (BSArch ’23) took home first prize among undergraduate teams for their submission, Neighborhood EcologyAnthony Bui (MURP ’23), Sophie Fitchett (MBA ’24), Chelsea Gaylord (MPP ’23), and Gabe Wingert (MEng ’23) were awarded first prize among graduate students for The Summit.  Take a look at the finalist’s submissions and learn more about the 2022 competition below.

Congratulations to all of our participants and thank you to our donors, advisors, and jury for making this competition possible!

Past Competitions

2022 Graduate Finalists

First Place: The Summit

  • Anthony Bui, MURP
  • Sophie Fitchett, MBA
  • Chelsea Gaylord, MPP
  • Gabe Wingert, MEng

Second Place: The Atrium

  • Marney Coleman, MBA/MS (Erb)
  • Valerie Crum, MBA/MS (Erb)

Third Place: Huron Trailside Apartments

  • Nikshith Reddy, MArch/RE Development Certificate

2022 Undergraduate Finalists

First Place: Neighborhood Ecology

  • Izzy Beshouri, BA, PitE
  • Van Nguyen, BSArch

Second Place: The Burr on Summit

  • Abdulrahman Ateya, BBA
  • Naman Gupta, BBA
  • Raiyaan Movania, BBA

Third Place: Summit Point Housing

  • Drew Collins, BBA

2022 Jury

  • Jubek Yongo-Bure: Founder and Principal, Jumi Consulting Group
  • Matt Grocoff: Principal, THRIVE Collaborative
  • John Petz: Director, Real Estate & Public Affairs, Domino’s Farms Corporation
  • Matthew Kowalski: City Planner, City of Ann Arbor
  • Lisa Sauve: Principal and Co-Founder, Synecdoche

2021 Finalists

First Place: The Future of Real Estate is Equitable 

  • Alexandra Mills
  • Caroline Lehman
  • Evalynn Rosado

Second Place: The Future of Accessory Dwelling Unit Financing

  • Lindsay Keare

Third Place: The Future of Real Estate is Cooperative

  • Maya Baker
  • Alex Van Kuiken

2021 Judges Panel

  • Bryan Boyer: Director of B.S. in Urban Technology, UM Taubman College of Architecture and Urban Planning
  • Brian Finerty: Chief Investment Officer, Equity International
  • Lily Gonzalez: Development Design Specialist, Cinnaire
  • Judith Grant Long, PhD: Associate Professor, Sport Management, Associate Professor, Urban Planning, and Director of the Center for Sports Venues & Real Estate Development, UM School of Kinesiology
  • Zachary Sheinberg: Founder and Managing Partner, Wind Raven, Intermittent Lecturer in Finance, UM Ross School of Business
  • Kelly Vickers: Chief Housing Development & Investment Officer, City of Detroit
  • Susan Wagner: VP of Global Workplace Services, KLA