Real Estate Development MS

The Master of Science in Real Estate Development prepares students for careers in one of the world’s most dynamic and influential industries. The industry makes places where people live and work, develops local economies and employment, and shapes cities and environments. Those who commit themselves to ethical pursuit of careers in the industry can take pride that they can see the fruits of their work and help make better communities.

Required Core (28 credits)

RSD 500SEM - Process Real Estate Developmnt Credits: 3
RSD 504SEM - Structuring Transactions Credits: 3
RSD 515SEM - Design for Real Estate Develpm Credits: 3
RSD 521TUT - Technology Topics Real Estate Credits: 1
RSD 524SEM - Buildng Systms Tech Real Estat Credits: 3
RSD 525SEM - Financing Development Prjcts 1 Credits: 3 AND
RSD 525LAB - Finance Devlpmnt Prjcts 1 Lab Credits: 1
RSD 526SEM - Financing Develpmnt Projects 2 Credits: 3
RSD 536SEM - Market Feasibility & Analysis Credits: 3
RSD 543LEC - Construction Management Credits: 3
RSD 546SEM - Land Use, Envirnmnt, & Dvlpmnt Credits: 3

Electives (13 credits)

Select from, with approval from advisor:

ARC 521SEM - Special Topics Credits: 3
ARC 531LR - Architectural History 1 Credits: 4
ARC 566LEC - Urban Design: Case Studies Credits: 3
ARC 588SEM - Spec Top:Sem in Des Theor Credits: 3
RSD 503LEC - Strategies Property Management Credits: 3
RSD 547SEM - Real Estate Devl Special Topic Credits: 3
URP 503LEC - Strategies of Property Management Credits: 3
URP 520SEM - Affordable Housing in Policy Practice Credits: 3
URP 522SEM - Economic Development Planning Credits: 3
URP 526SEM - Site Planning & Design Credits: 3
URP 528LEC - Foundations of Historic Preservation Credits: 3
URP 529LEC - Documentation and Field Methods in Historic Preservation Credits: 3
URP 541LEC - Nonprofit Management Credits: 3
URP 558SEM - Design for Inclusive Environments Credits: 3
URP 562LEC - Transp Land Use & Urb Frm Credits: 3
URP 565LEC - Urban Design: Understanding Urban Form Credits: 3
URP 566LEC - Urban Design: Built Environment Case Studies Credits: 3
URP 568SEM - Env. Methods, Planning and Pol Credits: 3
URP 569LAB - GIS Applications Lab Credits: 1
URP 573SEM - Environmental Land Use and Physical Planning Credits: 3
URP 578SEM - Environmental Planning Methods for Sustainability Credits: 3
URP 605SEM - Built Environment and Health Credits: 3
URP 606SEM - Housing and Community Development Credits: 3

or from the following with permission from the School of Management

MGF 633LEC - Investment Management Credits: 3
MGF 635LEC - Financial Derivatives Credits: 3
MGF 637LEC - Financial Modeling Credits: 3
MGF 646SEM - Institutional Investing Credits: 3
MGF 661LEC - Mgmt of Fin Institutions Credits: 3
MGF 685LEC - International Finance Management Credits: 3
MGO 619LEC - Business Forecasting Credits: 3

LIMIT in Electives: 3 credits Internship or Independent Study

*Students may take up to 3 credits of Internship OR up to 3 credits of Independent Study toward the Real Estate Development MS.

RSD 545TUT - Environmental Design Interns Credits: 1-3 *
RSD 599TUT - Environ Design Indepndnt Study Credits: 1-4 *

Culminating Experience: Project (7 credits)

RSD 593LAB - Capstone Practicum Real Estate Credits: 7

Total Credit Hours: 48

3.0 Degree GPA required

Program Learning Outcomes (PLOs)

1) Explain the fundamental principles of real estate development processes.

2) Understand key components of technical systems in buildings.

3) Understand stages in the construction process in real estate development from project conception to completion.

4) Understand how legal principles undergird transactions in real estate development projects.

5) Understand the role of market analysis in real estate development and select appropriate data for use in market analyses.

6) Employ design concepts, processes, and tools in evaluating ‘good design’ in real estate development.

7) Understand land development principles and how it is reflected in the physical planning process.

8) Understand financial decision making and effective use financial techniques to evaluate the financial feasibility of a development project.

9) Ability to participate on an interdisciplinary team in designing a development project.

SED Statement

This program is officially registered with the New York State Education Department (SED).