Department Website
Program Description
The Master of Science in Real Estate Development provides students with the knowledge and the skills to find creative, sustainable solutions for the issues confronting real estate development professionals—from planning and design to land use and environmental regulations. The program emphasizes entrepreneurship, sustainable practices in construction and development; advanced finance; public-private partnerships; and global development. The curriculum helps you to become a strategic leader who thinks creatively and understands the social, economic, and environmental impacts of the development process. With a focus on growth areas within the industry, the program is ideal for individuals in entrepreneurial development; project managers in private or public organizations; sustainability officers; lenders or analysts in real estate development; or those new to real estate development who are interested in strengthening their knowledge and broadening their career options.
Admissions
All applicants to the School of Professional Studies (SPS) are required to submit the general application requirements, which include:
- Application Fee
- College/University Transcripts
- Résumé
- Statement of Purpose
- Degree Requirements
- Recommendations
- Kira Talent Assessment
- Degree-Specific Requirements
- English Language Assessment
- Pearson Versant English Placement Test
- International Transcript Evaluation
- International Student Visa Requirements
See degree specific application requirements for instructions specific to this program.
Program Requirements
The program requires the completion of 42 credits, comprised of the following:
Course List
| Course |
Title |
Credits |
| DEVE1-GC 1035 | Real Estate Finance | 3 |
| DEVE1-GC 1045 | Real Estate Economics & Market Analysis | 3 |
| DEVE1-GC 1050 | Legal Principles & Practices | 3 |
| DEVE1-GC 1060 | The Development Process | 3 |
| DEVE1-GC 1010 | Land Use & Environmental Regulation | 3 |
| DEVE1-GC 1020 | Planning & Design Issues in Development | 3 |
| DEVE1-GC 1025 | Construction Methods & Technology | 3 |
| DEVE1-GC 1055 | Real Estate Valuation & Feasibility Analysis | 3 |
| 12 |
| |
| |
| |
| Community and Civic Engagement in Real Estate Development | |
| Seminar in Community Development | |
| Managing Building Systems & Operations | |
| Commercial Lease Analysis | |
| Affordable Housing Finance and Development | |
| Real Estate Development & Construction Finance | |
| Advanced Development Finance | |
| Project Management | |
| Urban Economic Development | |
| Seminar in Post Catastrophe Reconstruction | |
| Labor Relations in Construction | |
| Principles of Real Estate Accounting and Taxation | |
| Corporate Finance | |
| Real Estate Finance & Investment Analysis | |
| Analyzing Reit Securities | |
| Developing Residential Multi-Family Real Estate | |
| Real Estate Investing in a Distressed Environment | |
| Global Real Estate Markets & Investments | |
| Real Estate Media and Information | |
| Hotel Development and Investment | |
| PropTech and the Digital Evolution of Real Estate | |
| Real Estate Data Analytics | |
| Global Cities: Europe, Middle East, Africa | |
| ESG & Commercial Real Estate | |
| Professional Internship | |
| Total Credits | 36 |
Concentrations
The Business of Development
Sustainable Development
Global Real Estate
Learning Outcomes
Upon successful completion of the program, graduates will:
- Demonstrate proficiency in commercial real estate finance, economics, and regional market data analysis.
- Integrate objective quantitative analysis with subjective judgment in the decision-making processes of acquiring, developing, owning, operating, and investing in real estate assets.
- Demonstrate strategic thinking about foundational concepts of real estate law, ethics, and entrepreneurship.
- Demonstrate an understanding of the principles of land use, planning and zoning, as well as environmental regulations and construction methods impacting the real estate development process.
- Demonstrate a comprehensive understanding of the complexities surrounding current global and domestic issues on environmental, social and governance (ESG) challenges facing the commercial real estate industry.
Policies
NYU Policies
University-wide policies can be found on the New York University Policy pages.
School of Professional Studies Policies
Additional academic policies can be found on the School of Professional Studies academic policy page.