College of Business: University of Illinois at Urbana-Champaign

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First Annual Midwest Real Estate Challenge in Chicago


4/10/2011

The following post is taken in its entirety from a press release distributed via email to Challenge participants.

Contact:
Katie Hurley Wales
Executive Director
The Harold E. Eisenberg Foundation
847-433-3050 (W)
773-454-3933 (C)
katie@eisenbergfoundation.org


The Harold E. Eisenberg Foundation Hosts
Its First Annual Midwest Real Estate Challenge in Chicago

Chicago, IL – April 12, 2011 – The Harold E. Eisenberg Foundation sponsored and hosted its first annual Midwest Real Estate Challenge at the Union League Club of Chicago from 1:00 p.m. – 5:00 p.m. on Saturday, April 9.  Students from DePaul University, University of Illinois at Chicago, University of Illinois at Urbana-Champaign, Indiana University, and Marquette University competed against each other through a live presentation and written report containing development plans for the former Cabrini-Green public housing projects in Chicago.

 “This real estate competition allows college students to receive real-world, hands-on experience creating a development plan for one of the most historic sites in Chicago,” said Weston Harding, Associate Board Member of The Harold E. Eisenberg Foundation.

Three judges – Thomas A. Corfman, Assistant Managing Editor at Crain’s Chicago Business, Linda Brace, Vice President of Real Estate Development at Mercy Housing Lakefront, and Laurel Lipkin, Principal of LL Consulting –reviewed all of the presentations and then awarded the team from University of Illinois at Urbana-Champaign with the best overall plan.  The winning team was comprised of students Matt Lesh, Kyle Pietila, Briana Dunne, Connor Matthews, Cheng Wang, Jenna Goebig and Taylor Douell.  In addition to a trophy, the students received an invitation to the Harold E. Eisenberg Foundation’s Annual Dinner, which attracts hundreds of the nation’s leading real estate executives, where they will be introduced and recognized.  Additionally, the University of Illinois at Urbana-Champaign received a $4,000 scholarship, which will be distributed at their discretion.

“I learned more from this case study than I have in all my classes,” said team member Taylor Douell.

“It was a great ‘real world’ experience. Very rewarding,” added team member Jenna Goebig.

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About The Harold E. Eisenberg Foundation

The Harold E. Eisenberg Foundation is dedicated to raising funds that support gastrointestinal cancer research, offering scholarship opportunities for college students, and mentoring young people by providing unique opportunities in the business world.  For more information, please visit www.eisenbergfoundation.org.

UIUC College of Business