Real Estate Development
Master of Real Estate Development
Quick Facts
Top 1%
of all Higher-Ed
Institutions
- Center for World University Rankings, 2024
#1
In Best Value Among
Arizona's Public Universities
- Payscale, 2022
The Master of Real Estate Development (MRED) program offered through the University of Arizona’s College of Architecture, Planning and Landscape Architecture (CAPLA) is perfect for professionals who are or intend to be real estate developers and industry leaders and who want to study real estate finance, law, construction management and site planning. Upon graduating from this program, students can expect to move into careers in real estate development, market analysis, property management, construction and project management.
This program is 100% online and follows a three-stage approach: Students will first acquire the fundamentals of the real estate process, learn critical vocabulary, and understand the procedural and legal requirements of the field. Next, they will examine the key financial concepts of real estate, including cash-flow models, market analysis and pro forma development. In the final stage, students will examine the development process as a whole, applying the analysis tools obtained in previous courses to real-life development projects.
Before enrolling, most students hold careers as urban planners, architects, landscape architects, realtors, financial/market analysts, entrepreneurs and real estate developers.
*Residents of some U.S. Territories may not be eligible. Please see our Eligibility & State Authorization page for more information.
The curriculum for this program includes:
A review of the sweeping changes occurring in real estate development.
An introduction to the analysis techniques and data sources used to segment real estate markets, quantify demand, and evaluate competing supply.
Students will analyze capital formation in commercial real estate and examine the tools real estate investors use to make investment decisions.
A case-oriented approach to site selection, rezoning, financing, architectural design, economic feasibility, and other facets of the land development process.
This course is designed to advance students' knowledge of the industry leading data and software required to succeed in real estate development and finance.
Introduction to the fundamental concepts of urban design and urban form and the role these play in placemaking in cities, towns and suburbs.
A review of the legal principles that inform and regulate the due diligence and entitlement process that is the basis of every successful real estate transaction.
An introduction to construction management as a component of the real estate development process.
This core course focuses on a suite of economic approaches that broaden planners' and developers' ability to make informed economic decisions from the perspective of the public sector.
This course provides an opportunity for Master of Real Estate Development students to engage in a culminating experience involving a substantive project which demonstrates a synthesis of learning including broadly comprehensive knowledge of a discipline, its methods, and processes.
Outcomes
Skills
Earning your Master of Real Estate Development in Real Estate Development will build core skills, including:
- Advanced investment analysis (IRR)
- Impact assessment
- Placemaking
- Professional communication
- Project management
- Real estate entitlement
- Risk management
- Socially-responsible development
Potential Career Paths
Graduates of the MRED in Real Estate Development program will be prepared to pursue the following careers: