Real Estate Development Program

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Real Estate Development GSAPP

Columbia University

Master of Science in

MS. RED



Real Estate Development

Columbia GSAPP

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Overview

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Columbia GSAPP

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Real Estate Development - Overview

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 threesemester 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.


Degree Requirements

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Semester 1 Summer

Semester 2 Fall

Semester 3 Spring

Core Courses 3 x 3 pts: 9 pts

Architecture of Development

History of NYC Development

Real Estate Case Studies

Real Estate Finance 3 x 3 pts: 9 pts

Real Estate Finance I

Real Estate Finance II

Real Estate Finance III

Real Estate Law

Elective (4.5 pts)

Market Analysis + Elective

Electives (6 pts)

Electives (4.5 pts)

15 pts

15 pts

15 pts

History/Law 3 x 3 pts: 9 pts

Electives 9 pts total Total: 45 pts

Construction Management & Technology

Columbia GSAPP

Real Estate Development - Degree Requirements

Course

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Curriculum

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Real Estate Development - Curriculum

RED Student Council

World Trade Center site tour

Lunchbox lecture series

Columbia GSAPP

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Hudson Yards

JDS Symposium

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The 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 Semester

While 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 Semester

With 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.

Columbia GSAPP

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Real Estate Development - Curriculum Overview

Intensive Summer Semester


Toronto Oxford Properties

Regions trip to India

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Sample Elective Courses

Columbia GSAPP

Real Estate Development - Curriculum

Corporate Finance And Accounting Real Estate Investment Analysis Skyscrapers: 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 Studio International Real Estate Regions (India, China, Brazil) Investment and Portfolio Management New Directions for Development: Rethinking Workplaces, Buildings and the City Retail Real Estate and Development Tax Issues in Acquistions and Developments

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Career Services

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Student tour of 8 Spruce Street

Columbia GSAPP

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Real Estate Development - Career Services

RED Career Fair

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.


CURE Center for Urban Real Estate

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CURE Benefit Dinner, Low Library

Columbia GSAPP

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Real Estate Development - CURE

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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Cover Design: Kees Bakker



2015–2016


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