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  • June 2017
  • Teaching Note
  • HBS Case Collection

Project Sun Devil and Project Paris

By: Nori Gerardo Lietz and Alexander W. Schultz
  • Format:Print
  • | Language:English
  • | Pages:12
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Abstract

Tony Lee is preparing to present a project to the investment committee of Howard Street Capital. He will be recommending an investment in Project Sun Devil, a high-quality 225-unit student housing rental property near Tempe, Arizona. Tony Lee will compete for capital against the other project on the investment committee's agenda, Project Paris. Project Paris, a very different type of real estate transaction, is a hybrid mezzanine investment in the acquisition of a residential real estate services firm headquartered in France. The case provides an overview of the two projects. Teaching Note for HBS No. 213-078.

Keywords

General Management; Financial Analysis; Return On Assets; Accounting; Performance Measurement; Financial Ratios; Return On Equity; Financial Statements; Profitability Analysis; Portfolio Investment; Portfolio Management; Real Estate; Property; Investment Portfolio; Investment Return; Analysis; Real Estate Industry; United States

Citation

Lietz, Nori Gerardo, and Alexander W. Schultz. "Project Sun Devil and Project Paris." Harvard Business School Teaching Note 217-086, June 2017.
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About The Author

Nori Gerardo Lietz

Finance
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  • Doing Business in Buenos Aires, Argentina By: Nori Gerardo Lietz, Leonard A. Schlesinger and Zeke Gillman
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