News: Brokerage

Fordham Real Estate Institute launches master of science in real estate development

New York, NY Fordham University Real Estate Institute unveiled the newest addition to its growing inventory of programs, a master of science in real estate development (MSRED).

“At Fordham REI, we are constantly following trends and looking for opportunities to better serve the industry,” said Dr. Anthony Davidson, dean of Fordham’s School of Professional and Continuing Studies. “As we look to the future, the makeup of our cities will be determined by real estate developers. We are confident our MSRED will best position our students to stand apart from their peers and further this field.”

The 36-credit master’s degree is designed to provide students with an in-depth mastery of the applied functional areas necessary to every real estate development professional’s success. The program may be completed part-time, full-time, in-person and online. Registration is open for classes beginning Fall 2021.

The core leaves students with essential analysis, critical thinking and decision-making skills while creating a common student experience that fosters teamwork and community. These essential, core academic disciplines include real estate development principles; legal concepts; financial analysis; debt and equity finance; real estate economics and market analysis; construction methods and materials; planning and design; zoning; pre-construction planning; investment analysis; and project feasibility analysis.

“The MSRED comes at a critical time for the industry, for society and for Fordham REI,” said Joshua Harris, PhD, CRE, CCIM, vice president of strategy for Skanska USA Commercial Development and member of the Fordham REI curriculum committee. “Real estate development is becoming ever more complex due to technologies, innovations, and the changing needs of users and communities. As a result, the demand for individuals with the right skill set will only grow. Fordham’s MSRED program provides that enhanced educational experience. I am proud to be a part of Fordham’s continued success story in rolling out meaningful programs to prepare future leaders in real estate development.”

According to Serge Reda, Fordham REI real estate development curriculum chair and adjunct instructor, the MSRED curriculum blends theoretical and applied analysis, in-depth research, and project simulation to develop the collaborative, problem-solving and critical thinking abilities that will provide students with a competitive advantage in the global marketplace.

“The MSRED is another big milestone for Fordham REI and another option for students looking to enter, or advance within, the business of real estate,” Reda said. “The core requirements are designed to foster the creative, team-building and entrepreneurial aspects of the development process and ensure that every graduate will gain a unique and integrated set of legal, physical, analytical and project management skills required for success in the multidisciplinary world of real estate development.”

Fordham REI will host a virtual information for the MSRED on Thursday, June 3 at 6:00 p.m. For more information, to RSVP for the information session or to register, CLICK HERE

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