You can work in teams of up to 3 Only one submission per group There are no partial credits for late submissions if you submit late your team will receive 0 points for the case study The case study represents 35 of the final grade, so I strongly recommend you to plan accordingly and not wait until the last minute to prepare your submission You must submit an Excel file with calculations and a Word Document with the answers for Questions 1 7 should which should not exceed 10 pages doubled spaced (tables and graphs are not included in this limit) Information Name Back to School Real Estate Development of Off Campus Student Housing Author Craig Furfine Product KEL854 PDF ENG Questions Part I Due 10 21 2019 11 59 pm (Questions 1 and 2) Qualitatively discuss the benefits and costs of choosing Madison, WI as a target market for the proposed luxury student housing development Provide an estimate for market size by identifying supply and demand for this type of housing, competition, and the expected market share this project could capture Provide an analysis expected rents, rent growth, and caprates Use the information provided in the case and criticize the information provided using CoStar data If you believe the numbers in the case are off relative to the market data in CoStar, you may change it in order to improve your results (15 points) Explain the feasibility analysis provided in the case and critique it as a basis for decision making Your critique should include both a discussion of what is wrong with the technique as well as what may be wrong with the assumptions within the specific application of the technique Make sure your discussion identifies all the construction costs (15 points)

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You can work in teams of up to 3. Only one submission per group. There are no partial credits for late submissions; if you submit

You can work in teams of up to 3. Only one submission per group. There are no partial credits for late submissions; if you submit late your team will receive 0 points for the case study. The case study represents 35% of the final grade, so I strongly recommend you to plan accordingly and not wait until the last minute to prepare your submission. You must submit an Excel file with calculations and a Word Document with the answers for Questions 1-7 should which should not exceed 10 pages doubled spaced (tables and graphs are not included in this limit).

Information:

Name:

Back to School: Real Estate Development of Off-Campus Student Housing

Author: Craig Furfine

Product #: KEL854-PDF-ENG

Questions:

Part I: Due 10/21/2019 11:59 pm (Questions 1 and 2)

Qualitatively discuss the benefits and costs of choosing Madison, WI as a target market for the proposed luxury student-housing development. Provide an estimate for market size by identifying supply and demand for this type of housing, competition, and the expected market share this project could capture. Provide an analysis expected rents, rent growth, and caprates. Use the information provided in the case and criticize the information provided using CoStar data. If you believe the numbers in the case are off relative to the market data in CoStar, you may change it in order to improve your results. (15 points)

Explain the feasibility analysis provided in the case and critique it as a basis for decision-making. Your critique should include both a discussion of what is wrong with the technique as well as what may be wrong with the assumptions within the specific application of the technique. Make sure your discussion identifies all the construction costs. (15 points)