Undergraduate real estate major Stephen Rothstein (BBA '12) has created a team on a "fantasy" investment trading site for Real Estate Club members to challenge each other in the game of REIT trading.
Real estate investors may be the most talented fantasy football players in the world and not even know it. Their inherent understanding of risk/return analysis makes them dangerous opponents in any league. For instance, Aaron Rodgers is a quality core asset. The definition of consistency, he is a class A fully occupied office building with credible tenants signed to long term leases. On the other hand, Michael Vick is a more opportunistic play. His ability to earn rushing and passing yards give him the potential to be the most dynamic player in football--that is, if he stays healthy, and out of trouble.
UW FREIT is a fantasy REIT league that captures the competition of a fantasy football league, while educating students on investment in real estate investment trusts. Rather than holding a position in a quarterback or running back, students must long or short office and retail REITs. A virtual investment platform called Updown has made this contest possible. To win, one will need to employ an opportunistic portfolio strategy, despite the widely considered core nature of REITs.
Students are signing up now for this interesting and fun contest, as they indirectly network with other members of the league. You can join in and match your know-how and talents against Wisconsin's best and brightest. If you’d like to learn more about UW FREIT, leave a comment below and we'll be in touch. The current league will run until May 2012.