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UBC Wins the 2018 Pacific Northwest Real Estate Challenge (NAIOP Washington)


Afters spending countless hours and many late nights working on their project proposal, UBC Team won the trophy at the regional contest on March 15, 2018.

Site - Tacoma, WA
The 0.56 acre property, located at 728 Market Street in downtown Tacoma, is zoned Downtown Commercial Core, providing teams with an opportunity to evaluate market-rate urban development consistent with Tacoma’s urban design guidelines.

Advisors:

Tsur Somerville
Real Estate Foundation of BC Professor in Real Estate Finance 
UBC Sauder School of Business

     


SPECIAL THANKS TO THE MENTORS, JUDGES AT THE LOCAL PRESENTATIONS AND THE SPONSOR FOR THE UBC TEAM, 

 Mentors
 Student Teams

Cam MacGregor, Concert Properties
Kate Sunderland Ratzlaff, Concert Properties





Jaraad Marani, Colliers Int'l
Hugo Vásquez, Mondevo 


Team Blue
Jordan Chan
Emily Liu
Luigi Polisi
Gurinder Sidhu
Alan Zhu


Team Green
Derrick Feng
Jared Freedman
Jason Huang
Elaine Nguyen
Austen Perry
                                                                                            

Judges at the presentation in Vancouver:

Anne Bancroft-Jones, Polygon Homes
John Conicella, Serracan

Andrew Grant, PCI
Ben Taddei, Conwest


UBC Team is sponsored by: 

Henderson Development (Canada)




NAIOP Real Estate Competition Winners!



Real Estate Economics Paper Award

Congratulations to Sauder students Kimberley Chung, Alex Micu, Kim Nguyen, and Kathy Yu for writing the top undergraduate real estate economics paper in 2013.

As part of the Commerce 407: Real Estate Economics class, students conduct original research on a real estate or urban economics topic of their choosing and write up the results in an academic-style term paper. The winning group this year looked at the effect of bike lanes on nearby real estate. To measure housing price appreciation the students used repeat sales data--sales of the same property over time--from before and after the lanes were installed along the Cypress and Burrard street routes. While their findings differ by route and distance to the lane, overall they do not find a statistically significant effect on housing prices. For more information on their findings and approach, please see their paper below.

View Paper





The UBC Student Team’s proposal will be presented at the regional event on March 8, 2017 at Robson Square Vancouver downtown.

Andre Burlacu 

WInston Liang

Guang Yow Low

Scott Marshall

Briana Mussatto

Winnie Ng

Ryan Weafer

Stephanie Yeargin