University

Arizona State University

Master of Real Estate Development (MRED)

Program overview

The MRED program at Arizona State University is an intensive, 30-week full-immersion program aimed at both students and mid-career professionals. It emphasizes educating participants in the multifaceted world of real estate development, combining disciplines from design, law, construction, and business. The program is known for its trans-disciplinary approach and real-world oriented education, integrating classroom instruction with case studies and project work involving leading real estate development professionals.

Last updated: January 16, 2024

Academic Information

Degree offered

Master of Real Estate Development (MRED)

Length of program

9 months

Number of Credits Required

Mode of learning

On campus

Unique real estate academic features

Trans-disciplinary teaching team
Integration of real-world case studies
Project work involving industry professionals

Courses and disciplines/concentrations offered

Urban Economic and Real Estate Development Principles
Real Estate Valuation, Finance, and Capital Markets
Real Estate Market Analysis
Real Estate Site Analysis, Master Planning, and Design
Land Use Law and Public Entitlement Process
Real Estate Law for Developers
Synthesis Project #1: Residential Development
Real Estate Engineering and Construction
Design of the Built Environment
Real Estate Law for Developers — Special Topics

Advanced Real Estate Engineering, Construction Management, and Sustainable Development
Synthesis Project #2: Income Property Development
Synthesis Project #3: Capstone Project Mixed-Use Property Development
Real Estate Development Business, Leadership, and Project Management Practicum 1
Advanced Financial Analysis for Commercial Real Estate
Real Estate Development Business and Project Management

Real Estate Extracurricular Opportunities

Notable traditions & events

Monthly breakfast events
Annual Monopoly evenings
ASU Career Services organizes various networking events, workshops, and career fairs.
MRED alumni chapter hosts several events for networking and professional development.
A calendar of events is available for students to participate in various activities and events throughout the year.

Real estate extracurricular activities available

Arizona State Residential Real Estate Investing Club
ASU Real Estate Club
ASU Real Estate Council
MRED Experience

Recruiting

General info on roles students fill after graduation

Financial Analyst
Real Estate Broker
Real Estate Manager
Regional Planner

Average salary post graduation

$ 56,500

National Association of Homebuilders (NAHB):

D.R. Horton
Lennar Corporation
PulteGroup
Toll Brothers
KB Home

Urban Land Institute (ULI):

Jones Lang LaSalle (JLL)
CBRE Group
Prologis
Brookfield Asset Management
Boston Properties

Association of General Contractors of America (AGC):

Turner Construction Company
Bechtel
Fluor Corporation
Skanska USA
PCL Construction

Common employers

American Institute of Architects (AIA):

Gensler
HKS Architects
Perkins+Will
Skidmore, Owings & Merrill (SOM)
HOK

American Planning Association (APA):

Kimley-Horn
WSP USA
AECOM
RCLCO
Stantec

American Society of Landscape Architects (ASLA):

SWA Group
OLIN
Sasaki
EDSA
Design Workshop

Faculty and Research

Faculty & Staff for the Program

A list of current faculty can be found here:

Distinguished real estate faculty members or research areas

Cameron Artigue

Associate

Wimberly Doran

Assistant Director of Real Estate Programs

Grady Gammage

Faculty Associate

Alumni Support

Real estate alumni networks and associations

The MRED program has a dedicated alumni chapter that brings together real estate professionals to share ideas and support each other’s career growth. The chapter aims to support the MRED program at ASU, engage MRED alumni, provide scholarships, develop fundraising activities, serve as a resource to students, establish ties with industry members, and provide professional development opportunities

Accreditations and Rankings

National Universities (2023 - 2024)

Ranking: 105

Best Business Schools (2023 - 2024)

Ranking: 35

Financial Information

Tuition fees

Res: $39,640
Non-Res: $61,554

Financial aid

Available.

Scholarships

Available.

General information

Where is the program housed on campus?

W. P. Carey School of Business, Arizona State University, 300 E Lemon St, Tempe, Arizona 85287-4906, USA

Campus Size

Arizona State University is a public, metropolitan research university with a total campus size of approximately 1,664 acres across all of its campuses and locations.