MBA win

TCU MBA Team Wins Texas Real Estate Challenge

Andrew Chapin, Lindy Keyser, Matt McDonald, Stephanie Stare, Guillermo Patino and Vinny Nguyen worked long days and nights for a week to perfect their winning plan.  

April 15,  2015

By Elaine Cole

TCU MBA students came away with a first-place finish and $5,000 at the 2015 Texas Shoot-Out real estate MBA challenge, a case study competition sponsored by the North Texas chapter of NAIOP, the association for commercial real estate development.

For the first time in the competition’s 10-year history, two schools tied for first place, TCU and Texas Tech, in a close contest among seven teams including UT, SMU, Texas A&M, UTA and UTD.  

The annual competition challenges MBA student teams from universities across Texas to submit revitalization and development plans involving an actual real estate project. This year’s case centered on 40 Thorndike, a former courthouse facility in Cambridge, Massachusetts. The case was written by LYNOUS Talent Management.

The TCU MBA team of Andrew Chapin, Lindy Keyser, Matt McDonald, Stephanie Stare and Guillermo Patino (pictured) and Vinny Nguyen rose to the challenge.

“We looked beyond ROI and analyzed the non-financial variables that impact a project’s viability, such as the architecture, community and context in which the project should be developed,” Vinny said. “This win is a reflection of TCU's emphasis on teamwork and problem solving.”

A panel of real estate experts judged the recommendations based on how effectively the teams evaluated and resolved key issues including community needs, economic base, functional design, aesthetics, risk mitigation and financial analysis.

“Our main goal going into the competition was to establish TCU as a legitimate contender in the real estate community. I'd say we were successful,” Andrew said. “Case competitions represent a critical résumé booster that demonstrates a team’s ability to critically think through a problem and sell it to a panel of experts. This experience will serve us well as we enter the workforce.”

“The NAIOP competition is an excellent exercise for our students to apply their real estate knowledge and analytical skills to a redevelopment challenge,” said Bill Wempe, executive director of graduate programs at TCU’s Neeley School of Business. “Their award-winning recommendations confirm the strength of the TCU MBA program to the region’s commercial real estate community.”