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Stanley E. Hunt Case Series

Real estate developer Stanley E. Hunt was a big proponent of helping young people in their careers, and he asked nothing in return except that they do the same in the future.

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  5. Stanley E. Hunt Case Series

History and overview

Since 2008, the Stanley E. Hunt Case Series—established in honor of the real estate developer—has provided Kelley School students with highly valuable real-world learning in real estate development.

Each semester, the real estate appraisal and development course features a case study designed for the Stanley E. Hunt Case Series. Students work in groups to propose development plans for the site featured in the case study, and at the end of the semester, the student groups vote to have the best overall presentations win cash awards. As part of the case study curriculum, professionals from the community who have experience with the selected case study site speak to the class.

The creation of the case studies is overseen by Douglas McCoy, JD, Director of the Center for Real Estate Studies, Al and Shary Oak Director of Real Estate, and teaching professor, and written by Dave Harstad, lecturer in real estate. The case study series is funded through an endowment with a lead gift provided by Steven D. Hardin, partner at Faegre Drinker Biddle & Reath LLP in Indianapolis, and his wife, Judy Hardin, with the following individuals contributing:  

  • Alex D. Oak, Chairman & CEO, Cripe Charitable Foundation
  • Nancy Hunt
  • Allen Rosenberg, President, The Marina Limited Partnership
  • Hayes O'Brien
  • Dick Richwine, Principal, The Richwine Real Estate Group

Stanley E. Hunt Real Estate Development Case Spring 2025

The spring Stanley E. Hunt Real Estate Development Case Series competition was held at the Kelley School of Business on the Bloomington campus on April 28. Four teams from the Real Estate Development and Appraisal class of 49 students were chosen to present their development plans and compete in the final competition.

The case sites were located on Kirkwood Avenue and North Grant Street in Bloomington, including Café Pizzaria and The Village Deli, each .2 acres. Students were asked to conduct a real estate development feasibility analysis to determine the highest and best use of the sites.

Real estate professionals are invited to speak in class throughout the semester to discuss their areas of expertise as they relate to the case site. This semester, Chris Cockerham, a commercial broker and manager with F.C. Tucker Company—which represents the property owners—spoke to the class about the properties, providing information related to the local real estate market and the political and legal issues surrounding the site.

  • First place team: Zachary Domet, Kalvin Kerwin, and Abby Schwartz took home the $1,000 prize with their proposal for a $16.5 million mixed-use development including two high-end retail spaces and 30 units of luxury apartments.
  • Second place team: Michael Capilla, Gavin Grossman, Ella Kertz and Tyler Kunkel won $750 with their proposal that included redevelopment of Café PIzzaria into a yoga studio, while preserving The Village Deli, adding 21 apartment units on top of the two buildings.
  • Third place team: Charlie Budd, Zachary Cutka, Molly Pultz, and Matteo Procino received $500 for their plan to put in a gym in the Café Pizzaria space, keep The Village Deli, and add three floors of apartments above.
  • Fourth place team: Jack Arenberg, Maxwell Daily, Cirilo Gonzalez, and Parekh Shyam, won $250 for their mixed-use retail and apartment design with a parking garage.

Stanley E. Hunt Case Study 2025

Site TBD. More details to follow.

Fall 2025 Case Competition

The 2025 case will culminate in a case competition held on November 19, 2025.

The winning team will receive $1,000 in prize money, with second place receiving $750, and third place receiving $500. The first place team members will also have their names inscribed on a plaque honoring Stanley Hunt that will be displayed in the finance department in the Kelley School of Business.

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