SDSU Students Win Top Honors in 2011 NAIOP Challenge
SAN DIEGO (April 19, 2011) - The College of Business Administration at San Diego State University (SDSU) announced today a team of undergraduate real estate and financial services students took the top prize in the first annual NAIOP University Challenge. SDSU competed against real estate students from the University of San Diego.
The students were given the challenge of providing the most practical and best-use solution for a long-standing local development issue regarding an underutilized site in a high-traffic area of San Diego. Both teams submitted proposals that were judged by six local real estate professionals.
The student team from SDSU consisted of real estate majors Michael Arduino, Bryan Clark and David Smith and financial services major Kyle Stiff.
“It is an honor and a privilege to have some of our very best students recognized for their outstanding research and ultimate proposed solution by the most distinguished commercial real estate organization in the nation,” said Dr. Michael Lea, director of SDSU’s Corky McMillin Center for Real Estate. “We sincerely appreciate this award and look forward to next year’s challenge.”
“We were very impressed with the presentations by both of the schools,” said Chris Pascale, senior vice president of CB Richard Ellis and co-chair of the event. SDSU should be proud of their squad who have now established themselves as the team to beat. NAIOP looks forward to next year’s event and the incorporation of additional universities into the competition.
NAIOP is a national Commercial Real Estate Development Association for developers, owners and related professionals in office, industrial, retail and mixed-use real estate.
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