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Welcome to the ARGUS University Challenge

Each year Altus Analytics offers the “ARGUS University Challenge” with dozens of universities from all over the world participating. Teams of aspiring real estate professionals, sponsored by a participating professor, are challenged to present a paper with the best investment analysis and conclusion for a fictitious real estate opportunity. Cash prizes are given to the top three teams. Our next University Challenge starts this Spring Semester.  If you are interested in participating in the next ARGUS University Challenge, please visit our registration tab.

Past Participating Universities

The 2017 University Challenge

 

The Case

In honor of one of the most popular apps ever to be released, the theme of the case this year is going to be Pokémon Go! It will be a 5-10 page, combined portfolio-level hold/sell and investment analysis, using three scenarios to project the risk/return on each scenario and determine potential Loan to Value ratios for the refinance scenarios. It will be a small portfolio of shopping centers that present an opportunity to be sold, refinanced as-is, or refinanced with some additional funds for recommended improvement projects. The challenge will be available on the website by February 10, 2017.

 

The Author

Keith is the Executive Director/Clinical Faculty with the C.T. Bauer College of Business at the University of Houston where he is responsible for overall leadership and management of the Real Estate Certificate Program and spearheads the Stanford Alexander Center for Excellence in Real Estate. His last position was with Lionstone Investments where he was responsible for the management of various processes within financial reporting, analyses, communication, and data management. He is also assisting IT with the integration of the firm’s data management and reporting systems. Previously he was a Senior Financial Analyst at Parkside Capital in Houston where he managed budgeting and reporting for AUM over $200 million, among other responsibilities. He also worked in development with Mark-Dana Corporation as a project manager and was a consultant for Hines. Keith received a BA in international studies from Texas A&M University and an MBA with a Graduate Real Estate Certificate from the University of Houston.re.

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Keith Richards

Rules of Engagement

  1. Each university may enter one team of 3 – 5 team members. Each team member must be currently enrolled at their university.  Submit team member names and e-mail addresses in registration section below by Friday, January 27, 2017.  Final team members may not change after this date.
  2. Each team must have a chosen faculty member of the university functioning as the advisor. The role of the faculty member is to confirm current enrollment of each team member and offer guidance prior to the distribution of the assignment.  Please note that all work for the Challenge must be completed by team members.
  3. Faculty, students, alumni, industry professionals and/or anyone outside the core team is not allowed to assist with the case.
  4. The challenge will be available on the website by February 10, 2017. The assignment includes preparing model using ARGUS Enterprise in addition to submitting a paper explaining the results of the analysis. An ARGUS Enterprise 90-day academic license will be emailed to each participant to be used during the Challenge.
  5. Teams are to submit their cases by emailing them to challenge@argussoftware.com. They will need to submit the ARGUS file/files and paper by March 27, 2017.
  6. Students will compete for cash prizes totaling $22,000.
    1. 1st prize winner receives $12,000
    2. 2nd prize winner receives $6,000
    3. 3rd prize winner receives $3,000
    4. Honorable mention winner receives $1000
  7. A panel of judges from the academic community and industry will participate in reviewing the case studies and nominating the winners. Winners will be announced April 10, 2017.
  8. Announcement of the winners of this competition will be announced and published on ARGUS Software’s website in addition to their newsletter.
  9. Winners’ submissions will also be posted on the University Challenge website.
  10. Participants’ names, pictures, and school logos may also be published on the website.
  11. If you have questions pertaining to this Challenge please contact an ARGUS representative at challenge@argussoftware.com or log onto the ARGUS Community

 

Registration

Register in three easy steps:
  • Create one team of 3 – 5 team members that are currently enrolled at their university.
  • Choose a faculty sponsor at the university functioning as the advisor.  The role of the faculty member is to confirm current enrollment of each team member and offer guidance prior to the distribution of the assignment.
  • Submit team member and professor names and e-mail addresses by Friday, January 27, 2017.  Final team members may not change after this date. Teams will need to submit an ARGUS file and paper by March 27, 2017. Please note that all work for the Challenge must be completed by team members.

Please note: the Sponsoring Professor will receive the email confirmation after registration.  Thank  you for registering and good luck!

Team Registration

 Past Winners

 

2016 Winners

1st Place
UniversityofSanDiego.jpg

2nd PlaceMIT.jpg

3rd PlaceLSU.jpg

Honorable MentionFIU.jpgYork.jpg


2015 Winners

1st PlaceUniversityofSanDiego.jpg

 

2nd PlaceUofNewBrunswick.jpg

3rd PlaceFIU.jpg

Honorable Mention

UniversityofEdinburgh.jpg


2014 Winners

 

1st PlaceUniversityofSanDiego.jpg

2nd PlaceUPenn.jpg

3rd PlaceYork.jpg

Honorable MentionCovenant.jpg


2013 Winners

 

1st PlaceYork.jpg

2nd PlacUniversityofSanDiego.jpg

3rd PlaceFIU.jpg

Honorable MentionNYU.jpgCovenant.jpg


2012 Winners

 

1st PlaceYork.jpg

2nd PlaceUniversityofSanDiego.jpg

3rd PlaceNYU.jpg

Honorable MentionCovenant.jpg


2011 Winners

 

1st PlaceUniversityofSanDiego.jpg

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2nd PlaceEmory.jpg

3rd PlaceUNC.jpg