San Diego's commercial real estate professionals traded their ties and heels for jerseys and sweatbands recently to compete in the 2005 San Diego Real Estate Challenge to benefit the Monarch School for homeless and at-risk children. The all-day sports event and auctions raised about $125,000 for the downtown school that provides an accredited education in addition to basic needs.
"The students at Monarch School benefit directly and significantly from the San Diego Real Estate Challenge," said Paula Kelly, development director for Monarch School. "We're so fortunate that the bright minds of the commercial real estate sector also have such giving hearts."
Held Oct. 20 at the La Jolla Beach & Tennis Club, the 2005 San Diego Real Estate Challenge brought together 12 teams of about 10 players each for athletic activities that included tennis doubles, six-man sand court volleyball, capture the flag, a basketball shoot-out, surfboard relay and closest to the pin golf.
An additional 125 real estate professionals attended the evening's cocktail party, awards dinner and silent and live auctions. Steve Center of The Irvine Co. and Molly Hobin of Arden Realty co-chaired the event.
For the third year in a row, Grubb & Ellis|BRE Commercial was the winning team. Since it was established in 2003, the San Diego Real Estate challenge has raised approximately $375,000 for the Monarch School.
Founded in 1988, Monarch School and its committed team of teachers, administrators and volunteers is dedicated to providing homeless and at-risk children with an accredited education while caring for their basic needs such as health care, food, clothing and personal hygiene. Today, more than 100 kids between the ages of 7 and 18 are enrolled at Monarch School. For more information, visit www.monarchschools.org.
Arden Realty was the premier sponsor of the 2005 San Diego Real Estate Challenge. Other sponsors this year included CB Richard Ellis, The Irvine Co., Burger Construction, Burnham Real Estate, Bycor Construction, Cushman & Wakefield, Equity Office Properties, ABM, Allen Matkins, Grubb & Ellis|BRE Commercial, Layton-Belling & Associates, Lowe Enterprises, Ryan Companies, Shidler, Sign Systems and Voit Commercial.
For more information, visit www.sandiegorealestatechallenge.com or call (619) 231-7712.