University

University of Maryland, College Park

Master of Real Estate Development (MRED)

Program overview

The Master of Real Estate Development program offers a comprehensive graduate-level education tailored to equip students for successful careers in real estate development.

Last updated: May 8, 2024

School of Architecture, Planning and Preservation

3835 Campus Drive Building 145, Suite 1200 College Park, MD 20742, USA

2006

Academic Information

Degree offered

Master of Real Estate Development (MRED)

Length of program

1-2.5 years

Number of Credits Required

33-42 credits

Mode of learning

On Campus

Unique real estate academic features

The MRED program advocates for a multi-disciplinary approach to real estate education. It delivers a comprehensive curriculum rooted in the business, finance, and entrepreneurial facets of real estate, with a focus on the Quadruple Bottom Line: economic viability, environmental stewardship, social responsibility, and aesthetic design. Offering a distinctive blend of components and a robust finance framework, the program equips students to adeptly tackle industry hurdles and emerge as proficient practitioners.

Courses and disciplines/concentrations offered

  • Real Property Development Law and Ethics
  • Real Property Finance and Investment
  • Capstone Project: Real Property Feasibility Study
  • Principles, Process and Politics of Planning for Real Property Development
  • Market Analysis for Real Property Development
  • Principles of Urban Design for Real Property Developers
  • Essentials of Design and Construction Management for Development Professionals
  • Commercial Leasing for Real Property Developers

Real Estate Extracurricular Opportunities

Notable traditions & events

  • Lecture Series
  • ULI Student Design Competition
  • Colvin Case Study Challenge
  • NAIOP Capital Challenge
  • HUD Affordable Housing competition

Real estate extracurricular activities available

  • Site Visits
  • Social Events
  • Real Estate Development Career Services

Networking opportunities

  • The Real Estate Club
  • Society of Real Estate Development
  • Advisory Council
  • ULI/Hines Competition
  • The Colvin Institute of Real Estate Development
  • Women in Retail Real Estate (WIRRE)
  • Urban Land Institute
  • NAIOP
  • Commercial Real Estate Women (CREW) DC
  • African American Real Estate Professionals D.C. Foundation
  • ARES American Real Estate Society

Recruiting

General info on roles students fill after graduation

  • Development
  • Project Management
  • Real Estate Consulting
  • Finance

Average salary post graduation

$60-80,000

  • Enterprise Community Development
  • Pennsylvania Housing Finance Agency
  • Montgomery County Planning Department
  • Montgomery County Housing Opportunity Commission
  • Combined Properties, Inc.
  • Bozzutto
  • RCLCO Real Estate Advisors
  • Lock7 Development

Common employers​

  • Roadside Development
  • Cross Street Partners
  • Maryland Department of Housing and Community Development
  • Prince George’s County Planning Department
  • Dantes Partners
  • DC Department of Housing and Community Development
  • The NHP Foundation
  • Neighborhood Development Company
  • Enterprise Community Partners

Faculty and Research

Faculty & Staff for the Program

Distinguished real estate faculty members or research areas

Maria Day-Marshall

Director, Colvin Institute of Real Estate Development; Associate Clinical Professor

Margaret McFarland

Professor Emerita Founding Director, Colvin Institute of Real Estate Development

Tanya Bansal

Assistant Director of Undergraduate Real Estate Development Assistant Clinical Professor

Alumni Support

Successful real estate alumni

Eric Walter

President at Greenberg Gibbons Commercial

Heather Wellington

Senior Vice President, Development at FD Stonewater

Mansur Abdul-Malik

Vice President at The NHP Foundation

Real estate alumni networks and associations

  • MAPP+D Alumni Network Board

Accreditations and Rankings

Awards or recognition

  • UMD wins 2024 NAIOP Capital Challenge | School of Architecture, Planning & Preservation. (n.d.). https://arch.umd.edu/news-events/umd-wins-2024-naiop-capital-challenge
  • UMD Team wins NAIOP Regional Real Estate Competition | School of Architecture, Planning & Preservation. (n.d.). https://arch.umd.edu/news-events/umd-team-wins-naiop-regional-real-estate-competition

Financial Information

Tuition fees

Res. $11,361.00
Non Res. $14,937.00

Financial aid

Available.

Scholarships

Available.

Opportunities or support

Available.

General information

Where is the program housed on campus?

School of Architecture, Planning & Preservation
Real Estate Development Program
1243 Architecture Building
3835 Campus Drive
University of Maryland
College Park, MD 20742, USA

State of the art Facilities

A First Class Campus for a World Class University:

A campus that is first class, with state-of-the-art modern facilities to meet the needs of a dynamic world-class University. A campus with great aesthetic appeal, full of learning possibilities, reflecting our desire to protect the land, honor the traditions and historical roots, and contribute positively to the ecology and well-being of our community, the City of College Park, the State, and region. It sets forth a guide for building a green campus that is an appropriate and inspiring home to a great university, green in our pledge to excel in environmental stewardship and sustainability practices and green in the abundance of plants, trees, and open spaces that are a defining signature of the University of Maryland.

Campus Size

The University of Maryland, College Park is a public institution with a campus size of 1,347-acre.

Contact Information

Admissions Office

2123 Lee Building, 7809 Regents Drive, College Park, MD 20742, USA

(301) 405-3644

The Real Estate Club at the University of Maryland

College Park, Maryland 20742, USA

University Gallery

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