Stanley E. Hunt Case Series | Center for Real Estate Studies

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 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, Teaching Professor and Al & Shary Oak Director of Real Estate, 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 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 2023

The 16^th annual Stanley E. Hunt Real Estate Development Case Competition took place in November. Of the 13+ teams that presented in the Real Estate Development & Appraisal class, four teams were chosen to compete in the final competition.

The 2023 Stan Hunt Development Case Competition site consisted of approximately 2.12 acres, including two office sites, a mixed use site, and a for-sale housing site. The property is located in the Nickel Plate District of Fishers, Indiana, and fronts 116^th Street. Students were tasked with proposing a “highest and best use” development plan for the site.

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:

Andrew Clifford, Managing Broker/Partner, 7D Commercial
Tom Dickey, President, Highground
Scott Fadness, Mayor of Fishers
Steven D. Hardin, Senior Counsel, Faegre Drinker LLP
Frank Hindes, Executive Director, Architecture & Innovation, Cripe
David Lach, Vice President, Civil Engineering, Cripe

The first-place team, made up of Nick Currie, Max Kocour, Joseph Luebker, and Jacob Pierce, took home the $1000 prize with their proposal for a 144-unit multifamily development with retail and a parking structure. The team of Katie Bishopp, Chloe Castetter, Kaitlyn Mctigue, and Caronline Revich placed second, winning $750. Their proposal included first floor retail with three levels of office space and a rooftop patio. In third, Ian Knox, Danny Koyfman, Nate Schlabach, and Casey Rector received $500 for their multi-use condo/office/retail proposal.

Stanley E. Hunt Case Study 2024

Site TBD. More details to follow.

2024 Case Competition

The 2024 case will culminate in a case competition held in November, 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.

History & Overview

Stanley E. Hunt Real Estate Development Case 2023

Stanley E. Hunt Case Study 2024

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