Skip to main content
Participant asks question during competition session.

Berkadia-NYU Invitational Real Estate Investment Case Competition

Welcome to the nation's premier invitational real estate investment case competition. The 2025 competition will be held in New York City from Thursday, October 16 to Saturday, October 18, 2025.


Sam Chandan

On behalf of the students, faculty, and staff of the Chao-Hon Chen Institute for Global Real Estate Finance, welcome to NYU for the Berkadia NYU Stern Real Estate Investment Case Competition. We look forward to hosting you, some of the best and brightest graduate students from across the country, on our campus and in our great city for three days of vibrant and collegial competition, industry engagement, cultural immersion, and new friendships.

We are grateful to our partners at Berkadia, as well as the faculty advisors, speakers, and judges who have committed so much time to make this annual program a success. The competition judges represent some of the most impactful organizations in shaping policy and real-world outcomes for American renters. I join them in welcoming your fresh perspectives on how we can address long-standing obstacles and explore new opportunies in the multifamily market.​

Sam Chandan, PhD
Founding Director 
Chen Institute

Justin Wheeler

Welcome to the Berkadia NYU Stern Multifamily Investment Case Competition. We are thrilled to have you join us in addressing some of the most pressing challenges and opportunities in our industry today.

This event was created to foster the development and investment in the next generation of real estate talent and leadership. By bringing together top business school students and multifamily industry leaders, we aim to spark innovative solutions and inspire future careers in real estate.

Your participation in this competition is not just about finding opportunities in housing; it’s about shining a light on often-overlooked issues and exploring new paths for impactful change. We believe that through your creativity and dedication, we can make a positive impact. Thank you for being a part of this important initiative.​

Justin Wheeler
Chief Executive Officer
Berkadia

Competition Hosts

Sam Chandan

Sam Chandan, PhD

Founding Director
Chen Institute
NYU Stern

Mary Ann King

Mary Ann King

Co-Head of Institutional Solutions
Berkadia;
Past Chairman
National Multifamily Housing Council (NMHC)

Dori Nolan

Dori Nolan

Senior Vice President
Institutional Solutions
Berkadia

Mark Forrester

Mark Forrester

Senior Managing Director
Berkadia;
Board of Directors
National Multifamily Housing Council (NMHC)

Paul Shen

Paul Chen

Vice President
Investment Sales
Berkadia

Returning Competition Judges

New judges for 2025 will be announced in August
Sharon Wilson Géno

Sharon Wilson Géno

President
National Multifamily Housing Council (NMHC)

Mary Ann King

Mary Ann King

Co-Head of Institutional Solutions
Berkadia;
Past Chairman
National Multifamily Housing Council (NMHC)

2025 Invitational Schools

Warrington College of Business
UCLA Anderson School of Management
U of Wiscon
Stern Logo
Columbia Logo
UT Austin
Participant speaks into microphone

2024 Investment Case Competition

In November 2024, Berkadia partnered with the Chen Institute at the NYU Stern School of Business to host the inaugural Berkadia-NYU Multifamily Investment Case Competition.