University

University of California, Berkeley

Master of Real Estate Development + Design

Program overview

The Nancy and Douglas Abbey Master of Real Estate Development + Design (Abbey MRED+D) program readies real estate development professionals to construct cities that are sustainable, equitable, and prosperous.

Last updated: April 16, 2024

Academic Information

Degree offered

Master of Real Estate Development + Design

Length of program

1-year full-time
2-year part-time

Number of Credits Required

36 credits

Mode of learning

On Campus

Unique real estate academic features

The Abbey MRED+D program extends beyond convention by intertwining real estate with the realm of design, driven by two core beliefs: Firstly, that effective real estate development demands proficiency in urban design, planning, and sustainability. Secondly, that design thinking — the iterative process of identifying problems, prototyping solutions, and receiving iterative feedback — is essential for creating the most esteemed and impactful real estate ventures. Armed with a deep comprehension of how quality design enhances the value of development projects, graduates acquire the skills and mindset to leverage real estate development as a means to address the significant challenges of our era and to positively influence the communities in which they operate.

Courses and disciplines/concentrations offered

Required Courses

Construction + Development Project Management
Integrated Development, Architecture + Urbanism
Real Estate Economics + Market Analysis
Real Estate Development Finance
Applications in Real Estate Finance
Real Estate Capital Markets

Professional Practice of Real Estate Development
Land Development Law + Regulations
Sustainable Real Estate Development
Development + Design Studio
Equitable + Resilient Development
Capstone Project
Capstone Prep

Real Estate Extracurricular Opportunities

Notable traditions & events

ARGUS Training

Real estate extracurricular activities available

Real Estate Competitions:

Bank of America Low-Income Housing Challenge
CASE Competition
Hack-A-House (Ivory Innovations)
Holland & Knight Real Estate Joint Venture Mock Negotiation
HUD Innovation in Affordable Housing Student Design and Planning Competition
Kellogg Real Estate Venture Competition
NAIOP SF Bay Area Real Estate Challenge, also known as “Golden Shovel” (direct competition between Berkeley and Stanford)
ULI Gerald Hines Student Competition

Networking opportunities

Berkeley Real Estate Club (BREC)
Urban Land Institute (ULI)
NAIOP (the Commercial Real Estate Development Association)
Career Services Office

Recruiting

General info on roles students fill after graduation

Development Manager
Development Associate
Associate
Real Estate Asset Manager
VP of Development
Project Manager
Director of Development & Construction
Associate Development Manager
Investment Analyst
Real Estate Finance Associate

Average salary post graduation

$123,000

Golden State Warriors
Lendlease
Onni Group
Prologis
Scannell
SKS Partners
UD+P

Common employers

Allied REIT
Boylston Properties
Bridge Housing
City Ventures
Emerald Fund
Fivepoint Holdings

Faculty and Research

Faculty & Staff for the Program

See full list here.

Distinguished real estate faculty members or research areas

Christopher Calott

Lalanne Chair in Real Estate Development

Ricardo Capretta

Lecturer in Real Estate Development + Design

Stephen Engblom

Lecturer in Real Estate Development + Design

Alumni Support

Successful real estate alumni

Brian Litke

Development Finance Manager-Nichols Partnership

Elvins Derisma

Development and Acquisition Analyst-Greystar Real Estate Partners

Jaclyn Rea

Development Project Manager-Redcar

Real estate alumni networks and associations

Berkeley Real Estate Alumni Association (BREAA)
Partnership with Fisher Center for Real Estate and Urban Economics & Terner Center for Housing Innovation

Accreditations and Rankings

Awards or recognition

Lydia Tan named one of 2023’s Most Influential Women in Bay Area Business.
https://ced.berkeley.edu/news/lydia-tan-named-one-of-2023s-most-influential-women-in-bay-area-business
MRED+D faculty Carl Shannon named in Bay Area “Power 100” list by The SF Business Times. https://ced.berkeley.edu/news/mredd-faculty-carl-shannon-named-in-bay-area-power-100-list-by-the-sf-business-times
MRED+D students take first place in Hack-a-House Homelessness category. https://ced.berkeley.edu/news/mredd-students-take-first-place-in-hack-a-house-homelessness-category
MRED+D alum Brent Clark leads UC Berkeley team to victory in NAIOP Golden Shovel Competition. https://ced.berkeley.edu/news/mredd-alum-brent-clark-led-uc-berkeley-team-to-victory-in-naiop-golden-shovel-competition

Financial Information

Tuition fees

$84,874

Financial aid

Available.

Scholarships

Available.

Opportunities or support

Available.

General information

Where is the program housed on campus?

University of California, Berkeley
230 Bauer Wurster Hall
Berkeley, CA 94720-2000, USA

State of the art Facilities

The college is located in Bauer Wurster Hall, which houses the MRED+D program’s classrooms, seminar rooms, studios, and administrative offices, and the Office of Career Services. In addition, Bauer Wurster Hall offers a beautiful library, computer labs, gallery, and lively cafe.