Michael Levas and Dean Kalas (both OS 2018) studied commerce (finance)/law and graduated from UNSW in 2023.
In November 2023, they led a team of six to compete in the 15th annual Cornell International Real Estate Case Competition. The competition was hosted at the 7 World Trade Centre building in New York with 16 university teams from around the world participating. The team was awarded first place – the first Australian team to achieve this.
To reach this level, Michael and Dean progressed through three separate domestic rounds, each with a different real estate private-equity-style case to become Australian champions. This entitled their team to receive an all-expenses paid trip and invitation to compete in New York.
The Cornell International Real Estate Case Competition, developed by the Cornell Peter and Stephanie Nolan School of Hotel Administration at Cornell University, tasks teams with analysing a commercial real estate private equity transaction over a five-day preparation period and presenting their analysis and proposal. The teams are judged on their investment recommendations and presentation skills. Judges in this competition are senior real estate executives. Sponsors of the competition’s international finals included Blackstone, KKR, BGO, CBRE, QuadReal, and other top real estate investment firms.
Michael is now beginning his career at McKinsey & Company and Dean is working at Macquarie Capital.
Pictured: L-R: Michael Levas and Dean Kalas