Graduate programs

Real Estate Development Master (MRED)

The Master of Real Estate Development (MRED) is a professional degree, training students in the areas of real estate development within the context provided by principles of sustainability, social equity, and community-based development. By its nature, real estate education is multi-disciplinary, involving finance, urban planning, architecture, law, engineering, design, appraisal, and other disciplines. To deliver this education, the MRED degree is a joint degree of the School of Business Administration and the Toulan School of Urban Studies and Planning.

The objective for this program is to provide a unique and exceptional graduate degree that will enable students to assist in the development, management and financing of property with an understanding of the role that such development plays in the context of broader community concerns and history, and in the context of the surrounding neighborhood and city. Students will work closely with high-level industry professionals in their classes and workshops.

The MRED degree is designed to accommodate students with a wide variety of undergraduate degrees and is best suited for students who have gained at least two years of industry experience prior to their admission date. The MRED program is designed to be completed in 12 months on a full-time basis or 24 months on a part-time basis. Full-time students are admitted for fall term only. Students will develop their skills in three areas: sustainable and equitable urban development, finance and policy, and project development, leading to the Real Estate Development Workshop culminating experience. 


Students will develop their skills in three areas: sustainable urban development; real estate finance, markets and law; and project development, leading to the Real Estate Development Workshop culminating experience.

Sustainable Urban Development

USP 527Commercial District Revitalization


USP 569Sustainable Cities and Regions


USP 612Community, Planning, and Ethics


Finance, Markets, and Law

RE 521Real Estate Finance I


RE 522Real Estate Finance II


RE 573/USP 573Real Estate Economics


RE 538S/USP 538Real Estate Law I


Project Development

USP 523Real Estate Development I


USP 546Real Estate Development II


USP 624Development Project Design


RE 531Executive Perspectives on Real Estate


RE 562Real Estate Development Workshop





Total Credit Hours: 55

Real Estate Development Workshop

The culminating experience of the MRED is RE 562 Real Estate Development Workshop. Students in that class form a team that produces a development proposal for a multi-block site in a major city, advised by local industry professionals. Each team will produce a professional report and present their findings before an audience of real estate professionals.