Stanley E. Hunt Case Series

History & Overview

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

Each fall 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 voted to have the best overall presentations win cash awards. As part of the case study curriculum, professionals from the Bloomington 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, Senior Lecturer and Al & Shary Oak Director of Real Estate. The case study series is funded through an endowment with a lead gift provided by Steven D. Hardin, Partner at Faegre Drinker 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 2020

The 13th annual Stanley E. Hunt Real Estate Development Case Competition took place virtually in November. Of the 25 teams that presented development plans for a site in downtown Bloomington in the Real Estate Development & Appraisal class, four teams were chosen to compete in the final competition.

The 2020 Stan Hunt Development Case Competition site consisted of three distinct blocks comprising the soon to be vacated Bloomington Hospital property.

Real estate professionals were invited to speak in class throughout the semester to discuss their areas of expertise as they related to the case site. Speakers were:

Adam Chavers, Chief Development Officer, Browning Investments

Chris Cockerham, Commercial Broker, F.C. Tucker

Alex Crowley, Director, Economic & Sustainable Development, City of Bloomington

Matt Ellenwood, Owner, Matte Black Architecture

Jeff Fanyo, Principal, Bynum Fanyo & Associates, Inc.

Eric Greulich, Senior Zoning Planner, City of Bloomington

Don Griffin, Owner, Griffin Realty

Dan Hampton, Regional President, Horizon Bank

Steve Hardin, Partner, Faegre Drinker, LLP

Mary Krupinski, Principal Architect, Owner, Kirkwood Design Studio

Dennis McGuire, VP Survey & Real Estate Services, Cripe

This year, there was a tie for first place! The first place teams’ members were CJ Alexander, Cameron Hess, Wilder North, Samuel Pittman, Dilan Rajpurkar Michael Romanelli, Jeff Serbin, and Torin Siegel. Each of the two first place teams took home a $1000 prize. NASH Developers (Alexander, Hess, North, and Siegel) proposed The B-Line Suites, a multi-use development including multifamily, office, and retail incorporating green space, affordable housing, and utilizing TIF subsidies. SRRPnt Capital Partners (Pittman, Romanelli, Rajpurkar, and Serbin) offered their vision for Bloomington Gardens, a five story mixed-use multifamily and retail project, which also included an affordable housing component, as encouraged by the City of Bloomington. The team of Justin Galante, Quinn Luker, Carlos Moreno, and Ally Whelan placed second, winning $750. Lindsey Bridgewater, Emily Mayer, Elizabeth Hawkins, and Zachary Engelking received the third place prize of $500.

Stanley E. Hunt Case Study 2021

Site TBD. More details to follow.

2021 Case Competition

The 2021 case will culminate in a case competition held in November at the Virgil T. DeVault Alumni Center. Date TBA.

The winning team will receive $1000 in prize money, with second place receiving $750, and third place receiving $500. The first place team will also have their names inscribed on a plaque honoring Stan Hunt that will be displayed in the Finance Department in the Kelley School of Business.