Capstone – Project Charter

Private equity real estate opportunity fund project focused on market research on Boston student housing…we may also do a few other leading markets around the U.S.

A Collaboration Between

Engagement Synopsis

We would like someone to take a deep dive into the top 175 college markets in the US to determine the universities with the best prospects for enrollment growth, supply/demand issues in student housing, markets to avoid, new coursework at certain universities that will be attractive for long-term growth. We would start with a focus on the Boston student housing market and then develop other markets around the U.S. as time permits and based on the size of the team. We will incorporate financial modeling as part of the project to determine feasibility of the markets.  Starting wtih Boston, please explore the milestones below to learn more about how we expect for you to navigate through the project process.


  • 2 School Street, Rye, NY 10580


  • understanding of supply/demand for real estate.
  • ability to be a self-starter to find research databases on housing fundamentals and Boston specific information


  • how to properly analyze real estate markets for supply demand metrics and opportunities
  • understanding of private equity real estate investment fundamentals
  • ability to navigate financial model for asset level underwriting of commercial real estate for acquisitions

Company Information

CompanyTimberline Real Estate Ventures
StagePre-Revenue Startup
Hiring PotentialFollow-on Projects, Formal Internship, Entry Level Full-Time, Upper Level Full-Time

Company Overview

In a vertically integrated structure, Timberline engages in all aspects of the investment process from capital formation to direct involvement in property-level activities. Investor expectations factor into everything we do.

Company Supervising Team

Company Admin


[email protected]

Course Info & Engagement Details

SchoolUniversity of Notre Dame Mendoza College of Business
Engagement FormatCapstone - Small Team Consulting Project - Students work in small groups of 2-6 directly with faculty and host company project champions on developing real solutions to real-world challenges.
ProgramMBA Consulting
Course2020 SPRING – MBA Interterm (IMMERSE)
Students Enrolled120 Enrolled, 2-5 per group per project
Meeting Day & Time3/2 - 3/5/2019 on-site at host company
Student Time Commitment1-3 Hours Per Week
Company Time Commitment3-5 Hours
Duration4 days (03/02/2020 - 03/05/2020)
Departments Involved
File Attachments

School Supervisors



[email protected]


There are currently no students assigned.

Collaboration Timeline

  • November 11, 2019

    Alice Obermiller, MBA Experiential Learning Program Director, will begin interviewing interested companies and discuss project ideas.

  • December 20, 2019

    Final date for companies to express interest in participating.

  • January 10, 2020

    School faculty and project champion finalize project charter, legal documents, and background materials.

  • January 31, 2020

    Student Teams Finalized

  • March 2, 2020

    OFFICIAL PROJECT LAUNCH: Students will be on-site working for the week

  • March 5, 2020

    OFFICIAL PROJECT END: Students will present results to company leadership on-site

Key Milestones & Project Process

  • March 3, 2020 - Overview of all schools in the Boston proper market in the service area

    • Enrollment Analysis
      • 10-year trends
      • Projections
    • Housing Analysis
      • On-campus housing stock
      • Off-campus purpose-built or student focused
        • Shadow Market
        • Any proposed pipeline of projects
        • Legal issues
        • Zoning law changes historically and proposed in various Boston neighborhoods

  • March 4, 2020 - Decide on Ideal Properties

    • Select 2-3 locations
      • Should they buy and reposition as student or develop new?

  • March 5, 2020 - Economic Analysis on Suggested Properties

    • Economic Analysis
      • Costs side for buy vs develop
        • Feasibility of each
        • Rental rate study/analysis
          • Base rates
          • Utilities
          • Lease term
          • Amenities
        • Opportunity Zone Availability
        • Financing structure