A team of undergraduates from the Terry College of Business outperformed 37 other university competitors to capture first place in the 2017 Real Confidence University Challenge, an annual real estate investment contest sponsored by the Altus Group.
The four-member team won the $30,000 grand prize for managing the best commercial real estate investment portfolio with a return of 35.38 percent over four quarters ending in 2017.
The team’s strategy of investing in infrastructure projects generated the big return, said Andrew Kahn, who was the team’s captain last year and has since graduated in real estate and finance. In addition to Kahn, the Terry team consisted of Tyler Matthews, Whit Porter and Ben Renaud. They were advised by Darren Hayunga, an assistant professor of real estate.
The Terry team submitted its portfolio late in 2016, and judges scored their quarterly investment performance throughout 2017.
For the 2018 University Challenge, Terry College was one of 47 teams entered.
