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

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, 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 Competition 2022

The 15th annual Stanley E. Hunt Real Estate Development Case Competition took place in November. Of the 20+ 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 2022 Stan Hunt Development Case Competition site consisted of approximately 5 acres spread over three city blocks adjacent to the Monroe Convention Center. Students were tasked with siting a new convention center, building a new hotel, and building a “highest and best use” development.

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:

Jeff Cockerill, County Attorney, Monroe County
Alex Crowley, Economic Development Director, City of Bloomington
Peter Dvorak, President, Pinnacle Asset Management, Inc.
Steven D. Hardin, Partner, Faegre Drinker
Frank Hindes, Director, Architecture, Cripe
Rob Hunden, President, Hunden Strategic Partners
Geoff Glanders, President, August Mack Environmental, Inc.
Mike McAfee, Executive Director, Visit Bloomington

The first-place team, made up of Jeremy Berger, Will Huber, Mike Ruddell, and Bryce Wetzel, took home the $1000 prize with their proposal for an upscale Drury Plaza hotel, with mixed-use affordable housing and retail, and expansion of the current convention center connecting to the existing convention center via a skybridge. The team of Dylan D’Costa, Chris Falcone, Ben Mirviss, and Jason Saharia placed second, winning $750. Their proposal included a Radisson hotel, apartments, and convention center expansion. In third, Nick Bronico, Andrew Fisch, Calvin Short, and Elliot Weissman received $500 for their hotel, student housing, and convention center expansion proposal.

Stanley E. Hunt Case Study 2023
Site TBD. More details to follow.

2023 Case Competition

The 2023 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.

Stanley E. Hunt Real Estate Development Case Competition 2022

2023 Case Competition

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