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University of Guelph Undergraduate Real Estate Case Competition

Along with my teammates Ciara Joy Laney, Sun Choi, Ray Cui, and Jennifer Liu, I had the privilege of participating in the Undergraduate Real Estate Case Competition in Toronto, Canada hosted by the University of Guelph.

For the competition, my team and I were allotted a month to come up with a development proposal for a site located in Kitchener, Ontario. We would later present our development proposal in Toronto, Canada at the end of March. For our proposal, we researched many elements critical in real estate development projects such as the stakeholders involved and the Kitchener market. We also conducted a thorough analysis of the site accounting for topics such as zoning and variance. Additionally, our team produced a pro forma on our development plan to provide a compelling financial feasibility analysis. The month leading up to the competition involved countless team meetings, late night zoom calls, and hilarious moments when we were practicing our presentation delivery.

Overall, this was an experience I will cherish. It was truly a pleasure to not only work with my teammates, but also build friendships with them along the way. On top of gaining knowledge about the commercial real estate industry, I was able to refine other skills such as teamwork, public speaking, and time management through this opportunity. While in Toronto, I was also able to meet and network with industry professionals and university students from around the world that I still stay in touch with.

Thank you for this opportunity Runstad Department of Real Estate!

Hanson Dai, Class of 2024