Real estate development courses are offered at both the undergraduate and graduate levels. They may be part of standalone bachelor's degree program in real estate or, more commonly, as an area of specialization in a business administration program. Master's degree programs specifically in real estate development are also available.
Concepts one would expect to discuss in real estate development courses include:
- Property investment
- Real estate markets
- Property analysis
- Urban development
List of Courses
Real Estate Development Principles Course
Students analyze real estate development from several perspectives, including as an investment, as a market and as a business trend. They consider the decision-making process, including funding, costs and feasibility. The class also discusses non-residential real estate, regional needs and residential developments. Real estate project planning, financing, design and construction are typically discussed.
Real Estate Valuation Course
The class examines theories and principles used to create real estate valuation models. They analyze real estate assets and prices, as well as perform feasibility studies. Additional topics include market analysis techniques, development process valuations and property value tools. Property inspections, property analysis and market comparisons are likely to be addressed.
Legal Issues in Real Estate Development Course
This course surveys the state, local and federal regulations affecting real estate development. Land use laws, titles, leases and partnerships are among the topics covered in this course. Contract management is also an aspect of real estate law covered in this type of course.
Real Estate Capital Markets Course
The instruments and structure of capital markets in real estate are the focus of this course. Students discuss mortgage markets and general capital markets, learning how these tools affect the financing of new real estate developments. The curriculum also discusses global real estate, real estate investment trusts (REITs) and mortgage-backed securities
Project Management and Construction Course
This course develops the students' knowledge of project management principles and its application to real estate development. Students learn to create project schedules, prepare a budget and manage the construction process. Course assignments teach construction vocabulary, material selection and construction technologies. Additional materials include project safety, negotiations and architectural design.