Trepp, a leading provider of data, insights, and technology solutions to structured finance, commercial real estate, and banking markets, announced today its first-place winner, Jaylin Jones of the University of Mississippi for its 2023 Innovation Challenge.
NEW YORK, May 3, 2023 /PRNewswire-PRWeb/ — Trepp, a leading provider of data, insights, and technology solutions to structured finance, commercial real estate, and banking markets, is excited to announce Jaylin Jones, of the University of Mississippi, as the winner of its first Innovation Challenge. Trepp’s Education Segment partnered with NYU Stern’s C.H. Chen Institute for Global Real Estate Finance in hosting the challenge which encouraged students to explore innovative solutions using data or technology to address various challenges in the commercial real estate industry within specific categories.
On Wednesday, April 19th, Jaylin Jones, an undergraduate at the University of Mississippi, studying business administration, with a focus in real estate, presented his final project to Trepp’s Education Steering Committee and a panel of judges at Trepp’s headquarters in New York City. Jaylin presented along with fellow finalists Sophie Muller of St. John’s University School of Law, and Supasit Vitooraporn, a master’s student at NYU Schack Institute of Real Estate.
As part of the Innovation Challenge, participants were tasked with developing innovative solutions using data or technology to solve a variety of challenges within the commercial real estate industry. Jaylin’s winning project centered around solutions focusing on 3D commercial printing. He developed a 3D printing proposal to help leverage technology and data to reduce the environmental impact on CRE buildings, whether in energy, health, water, waste, or infrastructure demands.
The judges included several experts with a long tenure in the finance and real estate industries, Dr. Stephen Buschbom, Research Director at Trepp, Dr. Sam Chandan, Director, C.H. Chen Institute for Global Real Estate Finance and Professor of Finance at NYU Stern School of Business, Annelise Osborne, Head of Institutional at Arca Labs.
During the evaluation process, judges used a rubric evaluating presentations based on the quality and persuasiveness of the oral presentation, level of professionalism, quality of responses during the question-and-answer portion of the presentation, plausibility of the financial case, and the projected addressable market size. on oral presentation,
“Jaylin presented a well-thought-out argument about the uses and benefits of 3D printing and how they could advance CRE,” said Erin Timko, Trepp’s Director of Academic and Industry Relations. “Based on the feasibility study presented and real-world examples provided, we are looking forward to Jaylin executing his business plan and seeing the positive impact he intends to make.”
Trepp would like to congratulate Jaylin on his achievement and extend gratitude and appreciation to the other finalists. Jaylin will receive a $10,000 grant from Trepp to support his endeavors to move forward with his business plan. Finalists Sophie Muller and Supasit Vitooraporn each received $1,000 in grants.
If you’re interested in learning more about our Education Segment and future Innovation Challenges, visit our website today or contact [email protected]
Trepp, founded in 1979, is the leading provider of data, insights, and technology solutions to structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance. From its offices in New York, Dallas, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is owned by the Daily Mail and General Trust (DMGT).
Riley Cox, Trepp Inc., 2127541010, [email protected]
SOURCE Trepp Inc.