Real Estate Challenge

Building the Future of Real Estate

The Real Estate Challenge invites undergraduate and graduate level student teams to act as individual development companies by creating plans for a significant site in the Chicago area. Since 2010, university teams have reimagined sites across the Midwest.

Each team delivers a full financial and feasibility analysis to support its development vision. The winning plan is the most economically viable and complementary to the surrounding site — earning a significant scholarship.

Registration opens in October, with the site announced in February. Final presentations take place in Chicago in the Spring. Each team is judged by a panel of industry experts, with the winning universities receive a $7,500 scholarship.

For specifics on our 2027 Real Estate Challenge, click here.

 

Past Real Estate Challenge Sites

2026 Real Estate Challenge Winners

1st Place: Marquette University (Undergraduate)

2nd Place: Virginia Tech (Undergraduate)

3rd Place: Case Western Reserve University (Undergraduate)

1st Place: Roosevelt University (Graduate)

2nd Place: University of Michigan (Graduate)

3rd Place: Tulane University (Graduate)

Universities We've Partnered With