Altamira — VIS/VIP Subsidy Engineering
A 240-unit social-housing project in Soacha, Colombia.
About this simulation
Real estate development simulation covering the full lifecycle from land acquisition through capital stack structuring, construction management, lease-up strategy, and exit decision. Participants navigate interest rate shocks, cost overruns, competitive oversupply, and tenant defaults while optimizing development yield, equity multiple, and cash-on-cash returns.
Who it is for
An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.
How a session runs
- The instructor creates a session from the Eureka dashboard and invites the participants.
- Participants play 7 rounds. In each one they submit their decisions and the simulation calculates the results.
- The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.