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USD students receive top honors in real estate competiton

A group of students from the University of San Diego recently won the 2009 Argus Software University Challenge.

The competition, which is the industry standard for commercial real estate cash flow projection, transaction analysis and asset valuation, was sponsored by Argus for the first time this year.

The winning team of students was comprised of USD students in the Master of Science in Real Estate Program including Bob Brittingham, Brent Farrell, John Hundley, Bryce Lewis and Sasha Zhang. Each member of the USD team will receive a $1,000 check from Argus.

The competition required students to simulate an investment analysis of a commercial real estate property. Each team used Argus software to model the analysis using the assumptions provided by the competition.

The competition began in February and the winner was announced April 30. The winner was selected by a panel of seven judges comprised of three members of the academic community, three industry professionals and Argus Software’s Chief Executive Officer, Mark Kingston.

Other universities competing in the competition included Arizona State University, Baruch College, Brigham Young University, DePaul University, John Hopkins University, New York University, Texas A&M University, UC Berkeley, University of Colorado, University of Michigan and University of Florida.

USD’s Burnham-Moores Center for Real Estate offers a Master of Science in Real Estate, undergraduate minor in real estate, Certificate in Real Estate Finance, Investments and Development, a Certificate in Land Use and Sustainable Development and several major industry conferences throughout the year.

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