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The Master of Real Estate Development Graduate Program, housed within the School of Architecture, Planning & Preservation, focuses on business principles rather than design. As the nation's sixth such program, it pioneered an interdisciplinary, business-oriented curriculum for real estate education. Today, over 20 similar programs exist nationwide, acknowledging that successful real estate development requires balancing financial strategies with construction, design, urban planning, and asset management considerations. Simply put, Real Estate Development integrates all these elements: Finance Plus. Professionals involved in property regulation, development, transactions, financing, or management will benefit more from a complete real estate degree than just a few finance and valuation courses.
This 33-42 credit MRED program takes a holistic view of real estate development, covering core financial concepts while exploring the entire development lifecycle—from site acquisition and regulatory approvals to contract law, investment strategies, building design, construction oversight, and post-completion operations including leasing and asset management. The curriculum prepares graduates to collaborate effectively with diverse stakeholders—financial institutions, investors, design professionals, builders, legal experts, accountants, and government representatives—while delivering projects on schedule with strong marketing plans and operational efficiency.