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 firstname.lastname@example.org)