Master of Real Estate Development
The Master of Real Estate Development (MRED) program is part of the graduate-level studies of real estate within the Department of Finance at the W. P. Carey School of Business. The program was established in 2006 in partnership with the W. P. Carey School of Business, the Sandra Day O’Connor College of Law, the Herberger Institute for Design and the Arts and the Del E. Webb School of Construction. Encompassing all facets of a real estate development education, the MRED instills the knowledge and skills necessary to manage the real estate acquisition, development and disposition process. The program is currently focused on teaching the business and process of creating real estate development projects – greenfield (new development on vacant land), adaptive reuse, redevelopment and repositioning.
The curriculum and education process provide you with knowledge about the physical, legal, political, economic and financial aspects of real estate. Topics covered include property due diligence and analysis; market analysis; acquisition and disposition methods and strategies; project planning, entitlement and permitting along with the other associated aspects of law, design business, and construction. This involves finance, marketing, and commercial leasing along with portfolio and asset management.
Program Highlights
- Engages you in a one-year (fall and spring semesters) team-based program with an interwoven curriculum that immerses you in the practical process of development
- Brings together faculty who are industry experts with current experience in real estate development to teach you in dynamic courses
- Broadens your understanding of the development process and expands your skill set for future career opportunities
- Exposes you to professionals from other fields that assist with design and development
- Focuses on a highly collaborative team learning process
- Affords you the ability to continue working while enrolled
- Involves you in the W. P. Carey School of Business at Arizona State University, one of the top-ranked and largest business schools in the United States
