U3 Advisors worked with long-standing client Lafayette College and the Dyer Center for Innovation and Entrepreneurship to organize its first real estate case competition focused on student housing development. The goal of the competition was to teach students how to evaluate investment opportunities, assess risk, and make a pitch to executive leadership. U3A's Todd Stern and Danielle Robins wrote the case study and organized a “bootcamp” to educate participants about real estate. Todd and Danielle also facilitated a day-long bootcamp to teach students about student housing development in particular.
U3A saw the competition as a unique opportunity to educate the next generation of real estate professionals and impart lessons learned from its own experience over the last 20+ years working with colleges and non-profits on complex real estate projects. The competition exposed students to the wide variety of roles within real estate, including advisory, development, debt/equity, architecture, and legal, among others, demonstrating the collective effort it takes to implement a project.