Master of Real Estate Development

MRED Students Win Second Place in 2021 Colvin Case Study Challenge

MRED students Reed Bennett, Kyle Duffy and Kim Faist were recently awarded second-place in the Fall 2021 Colvin Case Study Challenge. A $2,500 prize accompanies the honor.

The Colvin Case Study Challenge is sponsored by the University of Maryland and is a national intercollegiate real estate case study competition for full or part-time students enrolled in a college or university real estate program. The purpose of the Challenge is to “document a recent innovative real estate project within the team’s metropolitan region.”

L to R: Reed Bennett, Dr. Robert Benedict, and Kyle Duffy at the University of Maryland at the conclusion of the Colvin Case presentation on the evening of December 11, 2021.

Round 1 included a team submission about a local project of 25 acres or less with a TDC of $25-$250 Million, among other criteria. The Clemson MRED team case study submitted was about Camperdown, in Greenville, SC. Located Greenville’s Main Street, the recently completed Camperdown Development is transformational to Greenville, overlooking Greenville’s Falls Park and adjacent to the Peace Center.

The students were then invited as part of Round 2 to the University of Maryland to as one of four finalist teams. The team presented the Camperdown Development proposal in front of a jury at the University of Maryland in College Park on Saturday, December 11, 2021, taking home second-place.

The goal of the competition is to “hone professional skills and reveal the knowledge base and understanding of markets, project valuation, finance, urban design, sustainability, entitlement processes and operational issues.”

MRED Program professor, Dr. Robert Benedict, served as the Fall 2021 academic advisor and MRED Program lecturer, Dan Ford, of Beau Welling Design in Greenville, SC served as the team’s professional advisor.