Each graduating student concludes their academic program with a challenging, real-world market value scenario called the Capstone project.
This year, Advisory board member Rick Scarola and his company Covenant Capital Group supported this project. The project focused on the Covenant Apartment Fund. Students evaluated a few specific properties to provide an appraisal analysis and presented Mr. Scarola and the judges a buy-versus-hold analysis.
The judges heard from six different groups and selected a winning team. This year’s winning team consisted of Chiwei Zhong, Darren Tretter, Carey Froelicher, Kelsey Broadhead, Francisco Padilla and Coleman Glass.
My Capstone experience:
Carey Froelicher The key to our success was the use of the resources we were given, such as CoStar and Site To Do Business, as well as the use of different data collection techniques in order to present as much accurate information as possible. We were able to use each team member's strengths in order to work efficiently and to communicate our conclusion to the investor, Mr. Rick Scarola.