Real Estate

Development

Masterof Science

in

MS. RED

Col

umbi

a U

nive

rsity

GSA

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1Columbia GSAPP

Real Estate

Development

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Overview

3Columbia GSAPP

The Real Estate Development program at Columbia University provides an unrivalled location for study in New York City, the center of the global real estate industry, and is housed in the Graduate School of Architecture, Planning and Preservation (GSAPP), a world-renowned nexus for the design and development community.

The Real Estate Development program’s expanded three-semester curriculum combines the fundamental skills of professional real estate with a holistic approach to urban development as a creative act. Graduates receive a Master of Science of Real Estate Development (MS. RED) in an intensive calendar year spanning from May to May. Cross-disciplinary electives draw on the program’s access to the extraordinary offerings of GSAPP and Columbia at large, while required coursework immerses students in the three core tenets of urban real estate development: the financial, the physical, and the legal, arming students with the full range of professional and intellectual skills needed to tackle the complex demands of global urban real estate development.

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DegreeRequirements

5Columbia GSAPP

DegreeRequirements

Core Courses

Course Semester 1Summer

Semester 2Fall

Semester 3Spring

Real EstateFinance

Real EstateFinance I

Real Estate Finance II

Real Estate Finance III3 x 3 pts: 9 pts

History/Law

History of NYC Development

Real Estate Law Elective(4.5 pts)3 x 3 pts: 9 pts

Total: 45 pts 15 pts 15 pts 15 pts

Electives Market Analysis +Elective

Electives(6 pts)

Electives(4.5 pts)9 pts total

3 x 3 pts: 9 ptsArchitecture ofDevelopment

Construction Management& Technology

Real EstateCase Studies

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Curriculum

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urriculum

World Trade Center site tour

Lunchbox lecture series

RED Student Council

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JDS Symposium

Hudson Yards

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Intensive Summer SemesterThe introduction to the program begins with immersion in

real estate finance, construction technology, market analytics, and other foundational subjects. Electives are limited to allow students with diverse background experiences to build essential financial, graphic, and analytical competencies.

Expansive Fall SemesterWhile core skills continue to be developed—particularly in

finance, history of development, and real estate law—students are given significant elective opportunities to broaden their theoretical and applied skill sets by concentrating on the unique finance or design course tracks available only at Columbia.

Integrated Spring SemesterWith a central focus on capstone projects, complex

financial and economic modeling, and public policy, students bring together a cross-disciplinary portfolio of independent and supervised research and coursework, graduating with a holistic professional foundation.

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Toronto Oxford Properties

Regions trip to India

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urriculum

Corporate Finance And Accounting Real Estate Investment AnalysisSkyscrapers: Cities in the Sky The Art of the RFP Response The Transaction Process: Debt, Equity and the Art of

Negotiation Urban Economics Affordable Housing Finance Techniques Alternative and Distressed Investment Strategies Design, Development and Preservation on the Edge:

Mumbai’s Eastern Waterfront Global Real Estate Investing Hotel Development and Investment Analysis Hyperdensity and the Future of the City Private Equity and Capital Raising Public Private Partnerships in Real Estate Development Real Estate Entrepreneurialism for Architects, Builders,

Developers, Buyers & Sellers The Economic and Environmental Case for High

Performance Building Tokyo: Design + Development StudioInternational Real Estate Regions (India, China, Brazil)Investment and Portfolio Management New Directions for Development: Rethinking Workplaces,

Buildings and the CityRetail Real Estate and DevelopmentTax Issues in Acquistions and Developments

Sample Elective Courses

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Career Services

13Columbia GSAPP

The MSRED program is dedicated to providing meaningful professional development programming and opportunities for networking and mentorship. The program employs a full-time career development professional dedicated to real estate students and alumni.

Throughout the academic year, students attend professional development presentations, engage in speed networking with alumni, and participate in the MSRED Alumni Mentorship Program. The MSRED program hosts an annual career fair in February that is attended by top companies in the industry. Additionally, there are many opportunities for internships and experiential learning projects that enable MSRED students to immediately apply their learned skills in professional contexts and make valuable contacts in the industry.

Graduates succeed in the field of real estate in various areas including: development, acquisitions, institutional investment, private equity, affordable housing, consulting, and the public sector. A notable amount of graduates also pursue entrepreneurial projects. The majority of MSRED alumni live and work in New York City, but the number of graduates working in other domestic markets and international locations increases each year.

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areer Services

RED Career Fair

Student tour of 8 Spruce Street

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CURECenter for Urban Real

Estate

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CURE Benefit Dinner, Low Library

CURE is an unparalleled resource for students enrolled in the Real Estate Development program, providing them with competitive, market-driven advantages relative to real estate programs and degrees offered elsewhere. These benefits are rooted in the center’s unique focus on urbanization as a dynamic force that is altering the pace, performance, and practice of global real estate development.

Through CURE, faculty and students engage with development industry leaders in the classroom and on the street, working directly to identify, share, and advocate solutions to the challenges posed by a rapidly transforming world. By hosting and participating in conferences, symposia, publications, and in-classroom activities overseen by CURE, students will develop a sophisticated understanding of real estate development’s most pressing issues. As they transition into practitioners in the field, CURE participants will lead the way in addressing the greatest challenges in urban development

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2015–2016

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