NAREIT and two other partners are sponsoring the first annual Real Confidence University Portfolio Challenge™, in which teams from 15 universities vie to create the best-performing portfolio from a mixture of real estate investments.

Under the terms of the challenge, each team chooses how it would allocate $1 billion to  four quadrants of commercial real estate investment: public equity, private equity, public debt and private debt.

The best-performing portfolio in a four-quarter period will be declared the grand prize winner on July 30, 2016.

The winning university will receive $50,000 for use within their real estate or business program, or towards scholarships.

NAREIT has partnered in the challenge with Altus Group Ltd., a provider of independent advisory services, software and data solutions to the global commercial real estate industry, and the National Council of Real Estate Investment Fiduciaries (NCREIF).

(Contact: Mike Grupe at mgrupe@nareit.com)

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