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 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 2021

The 14th annual Stanley E. Hunt Real Estate Development Case Competition took place in November 2021. Of the 28 teams that presented development plans for a site in Plainfield near the airport in the Real Estate Development & Appraisal class, four teams were chosen to compete in the final competition.

The 2021 Stan Hunt Development Case Competition site was a 57-acre site on the west side of Indianapolis, immediately west of the Indianapolis International Airport.

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:

  • Eric Anderson, Property Director, Indianapolis International Airport
  • Tim Belcher, Executive Director of Development Services, Town of Plainfield
  • John Cumming, Senior Vice President, Strategic Capital Partners
  • Steve Hardin, Partner, Faegre Drinker
  • Frank Hindes, Director, Architecture, Cripe
  • Rick Klepal, Sr. Vice President, Capital Markets, CBRE
  • Cory Lewis, President & CEO, INCOG
  • Pat Lindley, Executive Managing Director, Cushman & Wakefield
  • Dennis McGuire, President, Cripe
  • Mac McNaught, President Denison Properties

The first-place team, made up of Matt Baltzer, Matt Buttafuoco, Spencer Brody, and Alex Goldstein, took home the $1,000 prize with their proposal for a mix of medium distribution, cold storage, office, and retail. The team of Billy Grehan, Luke Owen, Ryan Sanfilippo, and Matt Schepers placed second, winning $750. Andy Guhl, Tate O’Herren, Tommy Redmond, and Mike Rotolo received the third-place prize of $500.

2022 Case Competition

The 2022 case will culminate in a case competition held in November at the Virgil T. DeVault Alumni Center in Bloomington, Indiana. Date TBA.

The winning team will receive $1,000 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.