ANAHEIM, Calif.—Real estate master’s candidates from Chapman University beat their UC Irvine colleagues in Orange County’s first real estate challenge April 28 to develop nearly seven acres of land in North Anaheim.
The competition was sponsored by the Taormina family, who owns part of the land being developed.
The rules by the Taormina family were simple: the winning team would present a development plan for the land that would be walkable, promote a sense of community and include desirable retail. And of course, once built, be profitable.
With Chapman and UC Irvine having the only two Master’s in Real Estate programs in Orange County, a team of five people from each school entered the competition.
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