RED - Real Estate Development

This course covers real estate economics, including property rights, urban growth, zoning, market analysis, housing markets, valuation, land leases, transportation, sustainability, and green technology. It also introduces an investment model for valuing income-producing real estate. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course covers real estate finance and investment, including analysis, valuation, entities, taxation, leases, corporate real estate, development, capital markets, and the home building industry. It provides essential tools to understand how real estate value is determined, created, and influenced. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course covers real estate law as it applies to business decisions, including property rights, land titles, transactions, finance, land use, and environmental aspects. It addresses lease agreements, purchase and sale agreements, agency, mortgages, partnership agreements, construction contracts, builder's liens, and condominium law. The entitlement process covers land use planning, zoning, infrastructure, permits, and subdivisions. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

A practicum focused on real estate development and decision-making. This course guides students through the process of identifying underutilized sites and conducting conceptual, design, market, economic, and financial analyses to bring sites to their highest and best use. Key topics include market analysis of different real estate uses, massing studies, cost estimation, deal structuring, site constraints and regulation analysis, and financial feasibility for to-be-built properties. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course explores the interaction between market forces and urban planning, focusing on how local governments create city plans and how these plans align with or conflict with market-driven consumer preferences. It covers the land use approval process and the tension between planning objectives and market outcomes. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course explores building systems, construction technology, and infrastructure, with a focus on project timing, scheduling, and cost estimation. Students will learn to plan and schedule construction activities and estimate costs accurately. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course covers the principles and practices of site planning and development, including site analysis, design, and layout. Emphasizing prototypical built forms, it addresses regulatory, environmental, and infrastructure considerations to optimize land use. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course examines the transportation ecosystem, including various modes like rapid transit, buses, connected cars, ride-sharing, and self-driving vehicles. It explores how these elements interact, their impact on land use, and the need for planners and developers to adapt to evolving technology and consumer preferences. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course offers a comprehensive study of commercial leases, investment transactions, and negotiation strategies. Students will delve into lease agreements, purchase and sale transactions, and the negotiation process in real estate deals. It aims to equip students with essential skills to manage and navigate commercial real estate transactions effectively. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course centers on the sustainable management and development of real estate assets, emphasizing building decarbonization. Topics include sustainable design, energy efficiency, green building standards, and renewable energy integration. Students will learn strategies for reducing the carbon footprint and managing infrastructure sustainably. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course examines the dynamics of housing markets and the impact of housing policy. Topics include housing supply and demand, affordability, government interventions, and policy implications. Students will analyze how various policies affect housing markets and explore solutions to housing challenges. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

This course explores the principles and practices for creating healthy communities and buildings. Topics include the design and development of environments that promote physical and mental well-being, sustainable building practices, and the impact of the built environment on public health. Students will learn strategies for integrating health considerations into urban planning and building design. Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.

Specialized project topics from our real estate industry network. Possible topics (real estate feasibility study [horizontal or vertical development], real estate market analysis). Ideally these projects would be undertaken in teams with multi-disciplinary team membership (e.g., team members from planning, finance, marketing, engineering, construction)Restricted to students registered in the MRED Program. Non-MRED students require consent of home dept and the Masters Programs Office.