Master of Real Estate Development Curriculum & Courses

MRED students

Earn your real estate development degree on campus or online, at your own pace.

Students can earn the Master of Real Estate Development at the University of Arizona's main campus in Tucson, Arizona or from anywhere in the world through Arizona Online.

The coursework for the MRED degree is the same for online and in-person students.

Accelerate your career without putting it on hold. Many online MRED students are professionals who earn their degree while working full-time.

 


Curriculum

The Master of Real Estate Development program is comprised of 10 courses totaling 30 units. 

  • The Main Campus MRED curriculum is typically completed full-time in 3 semesters. 
  • The Online MRED curriculum is typically completed part-time in 6 semesters. 

View or download the MRED program overview and curriculum:

The main campus curriculum is comprised of both in-person and online courses. Please discuss with the graduate coordinator/advisor for course offerings and enrollment options.

In Person = 14 weeks
7w1 = first 7 weeks of the semester
7w2 = second 7 weeks of the semester

FALL 1

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 507Survey of Responsible  Real Estate Development 3In PersonReal Estate Development Analysis, Real Estate Development Finance,
Real Estate Development Practice
RED 525Real Estate Market Analysis 3iCourse 7w2Real Estate Development Analysis
RED 501Introduction to Real Estate Finance 3In PersonReal Estate Development Finance
 TOTAL9  

SPRING 1

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 576Land Development Process 3In PersonReal Estate Development Analysis
RED 602Advanced Real Estate Finance 3In PersonReal Estate Development Finance
RED 521Place Making and Urban Form 3iCourse 7w2Real Estate Development Practice
 TOTAL9  

FALL 2

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 509Due Diligence and Entitlements 3In PersonReal Estate Development Practice
RED 515Construction and Project Management 3iCourse 7w1Real Estate Development Practice
RED 585Foundations of Economics for Planning and Real Estate 3iCourse 7w2Real Estate Development Finance
RED 698Professional Project for Responsible Development*3  
 TOTAL12  

* To be taken at the conclusion/near conclusion of program with faculty advisor approval.

 

All courses are fully online and span 7 weeks each.

7w1 = first 7 weeks of the semester
7w2 = second 7 weeks of the semester

Fall 1

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 507Survey of Responsible Real Estate Development 37w1Real Estate Development Analysis, Real Estate Development Finance, Real Estate Development Practice
RED 525Real Estate Market Analysis 37w2Real Estate Development Analysis
 TOTAL6  

Spring 1

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 576Land Development Process 37w1Real Estate Development Analysis
 
RED 521Place Making and Urban Form 37w2Real Estate Development Practice
 TOTAL6  

Summer 1

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 509Due Diligence and Entitlements37w1Real Estate Development Practice
 TOTAL3  

Fall 2

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 515Construction and Project Management37w1Real Estate Development Practice
RED 585Foundations of Economics for Planning and Real Estate 37w2Real Estate Development Finance
 TOTAL6  

Spring 2

Course #Course TitleUnitsFormatApplicable Graduate Certificate 
RED 501Introduction to Real Estate Finance37w1Real Estate Development Finance
RED 602Advanced Real Estate Finance37w2Real Estate Development Finance
 TOTAL6  

Summer 2

Course #Course TitleUnitsFormat
RED 698Professional Projects for Real Estate Development*37w2
 TOTAL3 

* To be taken at the conclusion/near conclusion of program with faculty advisor approval.

Learn More About the Arizona Online MRED Program

Real Estate Development Analysis

9 units

The Graduate Certificate in Real Estate Development Analysis focuses on the fundamentals of real estate development and the processes by which public- and private-sector decisions are made. Students will understand the historical development of real estate markets and the associated impacts on risk and return.

Real Estate Development Finance

12 units

The Graduate Certificate in Real Estate Development Finance focuses on the fundamentals of finance in real estate development. Students will examine the capital markets and factors that shape the flow of funds into real estate investments.

Real Estate Development Practice

12 units

The Graduate Certificate in Real Estate Development Practice focuses on the fundamentals of real estate development implementation through an in-depth analysis of development projects from project conception to final proposals. Students will be exposed to construction methods and project management within the development process, and the tools and methods utilized in the public and private sectors.

Learn More about the Graduate Certificates in Real Estate Development


MRED/MS Urban Planning Dual Degree

Students who are interested in earning a Master of Real Estate Development degree from the University of Arizona have the opportunity to earn a Master of Science in Urban Planning concurrently with the MRED, in less time than it would take to earn each degree separately.

The dual Master of Real Estate Development/MS Urban Planning degree is designed for students who are interested in the development of sustainable built environments through the practices of responsible real estate development and urban planning. Students need to be admitted to each program independently, and are able to complete this dual degree in just five semesters.


Accelerated Master’s Program

Qualified CAPLA undergraduate students have the opportunity to earn the Master of Real Estate Development degree in a shorter period of time through the university’s accelerated master’s programs (AMP). Qualified students in CAPLA’s Bachelor of Landscape Architecture, BS Sustainable Built Environments and Bachelor of Architecture programs have the opportunity to earn the MRED with one additional year of study.

Subsequent to being admitted to the AMP, B.Arch, BLA or SBE students in their fourth and/or fifth years begin to take graduate courses in their preferred planning curriculum. Twelve of the graduate units earned may be used to count toward both degrees; i.e., these units will meet the BLA, SBE or B.Arch upper-division open elective requirement.

Learn More About CAPLA AMP Offerings


Courses

The master's courses listed here align with the degree curriculum above, and are subject to change. For more information, contact an academic advisor or view all master's courses offered by the School of Landscape Architecture and Planning.

The focus of this course is the analysis of capital formation in commercial real estate and examination of the tools real estate investors use to make investment decisions. The course includes sections on capital sources, investor concerns and hurdles, data sources, investment fundamentals and tools, discounted cash flow modeling, and pre-tax equity distributions for a range of partnerships.

In Person and Online
Typically Offered:
Fall 
Units: 3

There is an interest in assuring that real estate development of the future is more socially, environmentally, and economically responsible than in the past. Emerging research shows that responsible real estate development can produce competitive short-term and superior long-term financial returns. This introductory course will review sweeping changes occurring in real estate development.

Online
Typically Offered:
Fall 
Units: 3

This course provides students a review of the legal principles that inform and regulate the due diligence and entitlement process that is the basis of every successful real estate transaction.

In Person and Online
Typically offered:
Fall
Units: 3

The objective of the course is to introduce real estate development students, and those from other majors and programs, to construction management as a component of the real estate development process.  The course will introduce students to the fundamentals of building construction, project budget estimation, project management, scheduling, and project leadership. The course will focus both case analyses and discussions of best practices.  Industry experts will provide insight and help guide the course substantively.  The course will ask students to analyze decisions made by real estate developers about construction management and communicate clearly about construction management and its role in mitigating risk and enhancing project returns.

Online
Typically offered:
Fall
Units: 3

This course will introduce students to the fundamental concepts of urban design and urban form and the role these play in placemaking in cities, towns and suburbs. The course will cover the work of urban design theorists, variables that impact a community's sense of place, challenges and opportunities in modern city design, and methods to design more livable and sustainable cities.

Online
Typically offered:
Spring
Units: 3

This course serves as a primer for the analysis techniques and data sources used to segment real estate markets, quantify demand, and evaluate competing supply. This course considers the balance of demand and supply as a key component to responsible real estate development.

Online
Typically offered: Fall
Units: 3

A case-oriented approach to site selection, rezoning, financing, architectural design, economic feasibility, and other facets of the land development process.  Graduate-level requirements include the completion of a series of research projects.

In Person and Online
Typically offered:
 Spring
Units: 3

This is a core course that focuses on suite of economic approaches that broaden planners' and developers' ability to make informed economic decisions from the perspective of the public sector.

Online
Typically offered:
Spring
Units: 3

This course builds on the skills and tools introduced in RED 401/501 (Introduction to Real Estate Finance). Advanced RE Finance continues the arc started in RED 401/501 and moves beyond fundamentals to more advanced topics in real estate finance. The objective of the course is to provide students with a lab environment in which they can practice financial decision-making related to real estate development and investment.

In Person and Online
Typically Offered: Spring
Units: 3

This course provides an opportunity for Master of Real Estate Development students to engage in a culminating experience involving a substantive project which demonstrates a synthesis of learning including broadly comprehensive knowledge of a disciple, its methods, and processes.  The student will work under the direction of a faculty member in conjunction with members of the real estate community to identify a project, conduct analysis and synthesis, and to prepare a final report and presentation.

In Person and Online
Typically offered:
 Fall
Units: 3


Graduate Student Handbook

The School of Landscape Architecture and Planning Graduate Student Handbook contains information on programs, student conduct and procedures, student resources, funding and student employment, degree requirements and curricula for all of our graduate degrees and certificates.

VIEW THE SCHOOL OF LANDSCAPE ARCHITECTURE AND PLANNING GRADUATE STUDENT HANDBOOK

Ready to take the next step in your real estate career?

Learn more about the Master of Real Estate Development by contacting us at capla-grad@arizona.edu, or review the admissions process and begin your application:

Start Your Application