A

AIA CES Credits
AV Office
Abstract Publication
Academic Affairs
Academic Calendar, Columbia University
Academic Calendar, GSAPP
Admissions Office
Advanced Standing Waiver Form
Alumni Board
Alumni Office
Anti-Racism Curriculum Development Award
Architecture Studio Lottery
Assistantships
Avery Library
Avery Review
Avery Shorts

S

STEM Designation
Satisfactory Academic Progress
Scholarships
Skill Trails
Student Affairs
Student Awards
Student Conduct
Student Council (All Programs)
Student Financial Services
Student Health Services at Columbia
Student Organization Handbook
Student Organizations
Student Services Center
Student Services Online (SSOL)
Student Work Online
Studio Culture Policy
Studio Procedures
Summer Workshops
Support GSAPP
Close
This website uses cookies as well as similar tools and technologies to understand visitors' experiences. By continuing to use this website, you consent to Columbia University's usage of cookies and similar technologies, in accordance with the Columbia University Website Cookie Notice Group 6

M.S. Real Estate Development

Overview
The Master of Science in Real Estate Development program is a three-semester degree that combines the fundamental skills of professional real estate with a holistic approach to urban development as a creative act. The program is cross-disciplinary, drawing on its proximity to other modes of practice at the school, and is grounded in the three core tenets of global urban real estate development: the financial, the physical, and the social. It attracts future business leaders looking for an alternative to an MBA and committed architects hoping to run their own design/build firm. The program’s strength lies in its ability to weave current knowledge and best practices from the industry together with rigorous theoretical learning, incisive critical analysis, and immersive real-world case studies.

The Real Estate Development program is structured to provide a comprehensive understanding of finance and investment, project management, predevelopment analysis, zoning and planning, acquisition underwriting, and the value of design in real estate practices. In recent years, the program has greatly expanded its emphasis on financial investment and strengthened its relevancy in terms of real estate markets, introducing a new real estate technology sequence to the curriculum and increasing the availability of technology resources for research. The curriculum builds its foundational knowledge incrementally over the three terms: the first semester is dedicated to developing solid, core competencies and the majority of classes are required; the second, grants more space to focus on the development of specific industry interests; and the third consists mostly of deep-dive electives offered across GSAPP, Columbia Business School, Columbia School of International and Public Affairs, and Columbia Law School. The program culminates in a final Capstone project.

The program’s Capstone class begins with initial group work as students learn about five different active real estate case-study sites, and ends with individual Capstone projects. Students must create their own personalized Capstone “deal-book” (with all the relevant financial information, design proposals, and market analysis data), as well as deliver a presentation and defend their project to an audience of peers, alumni, and faculty. 

The Master of Science in Real Estate Development curriculum is bolstered by its proximity to the city and to the real-world opportunities that it offers: Professionals from the real-estate industry in New York City visit campus daily as adjunct professors, alumni mentors, and lunchbox lecture speakers. Approximately a third of individuals in the program complete a part-time spring internship to gain additional work experience in NYC.

Contact

For more information on the program, please email Jessica Stockton King or call (212) 854-3524

For more information about Career Services, Industry Outreach & Placement, please email Rebecca Andersen Polimeda.

Curriculum

Intensive Summer Semester

The introduction to the program begins with immersion in real estate finance, construction technology, market analytics, and other foundational subjects. Electives are limited to allow students with diverse background experiences to build essential financial, graphic, and analytical competencies.

Expansive Fall Semester

While core skills continue to be developed—particularly in finance, history of development, and real estate law—students are given significant elective opportunities to broaden their theoretical and applied skill sets by concentrating on the unique finance or design course tracks available only at Columbia.

Integrated Spring Semester

With a central focus on capstone projects, complex financial and economic modeling, and public policy, students bring together a cross-disciplinary portfolio of independent and supervised research and coursework, graduating with a holistic professional foundation.

Columbia GSAPP MSRED Program Introduction
Current Faculty
Mitchell Adelstein
Shaishav Agarwal
Nathalia Bernardo
William Heishman
Marisa Alexandra Kefalidis
Stephen Lefebvre
Roger Nussenblatt
Gregory Pietrycha
C. Marisa Rodriguez
Rosemary Scanlon
Margaret Streicker-Porres
Meghan Taylor-Steshyn
James von Klemperer
Robert Wertheimer
Recent News
Show More

Fall 2023 Courses

Course Semester Title Student Work Instructor Syllabus Requirements & Sequence Location & Time Session & Points Call No.
Pla4312‑1 Fall 2023
Real Estate Finance II
Chris Munsell
113 AVERY
TH 6:30 PM - 8:30 PM
FULL SEMESTER
3 Points
10201
PLA4326‑1 Fall 2023
Real Estate Concepts Tutorial II
Jake Pesci
113 AVERY
TU 9 AM -11 AM
FULL SEMESTER
0 Points
10202
Pla4538‑1 Fall 2023
Real Estate Entrepreneurialism For Architects, Builders, Developers, Buyers & Sellers
Sean Cohane
113 AVERY
F 3 PM - 5 PM
FULL SEMESTER
3 Points
10204
PLA4539‑1 Fall 2023
The Development Process II
Aaron Zeligs
113 AVERY
TH 11 AM- 1 PM
SES A
1.5 Points
12702
Pla6050‑1 Fall 2023
Internship
Rebecca Andersen Polimeda
FULL SEMESTER
1.5 Points
10206
Pla6244‑1 Fall 2023
In the Field
Robert Garneau
113 AVERY HALL
TU 2 PM - 4 PM
SES A
1.5 Points
10208
Pla6252‑1 Fall 2023
Architect and Developer Dialogues
Raquel Ramati
209 FAYERWEATHER
TU 1:30 PM - 3:30 PM
SES B
1.5 Points
10209
Pla6259‑1 Fall 2023
Capital Markets : REIT Analysis
David Kruth
113 AVERY
W 11 AM - 1 PM
FULL SEMESTER
3 Points
10210
Pla6265‑1 Fall 2023
Underwriting
Chris Munsell
113 AVERY
TH 4 PM - 6 PM
SES A
1.5 Points
10211
Pla6274‑1 Fall 2023
Residential Development & Asset Strategy
Margaret Streicker-Porres
113 AVERY
TH 9 AM -11 AM
SES A
1.5 Points
10213
Pla6281‑1 Fall 2023
Hotel Development and Investment Analysis
Adam Feil
209 FAYERWEATHER
F 9 AM -11 AM
SES B
1.5 Points
10214
Pla6377‑1 Fall 2023
Funds Management and Capital Raising
Marc Weidner, Michael Clark
113 AVERY
TU 4 PM - 6 PM
SES A
1.5 Points
10215
Pla6568‑1 Fall 2023
Public-Private Partnerships in Real Estate Development
Mehul Patel
209 FAYERWEATHER
M 6:30 PM -8:30 PM
SES B
1.5 Points
10217
Pla6603‑1 Fall 2023
Lease Analysis & Financial Metrics
Sara Queen
113 AVERY
TU 6:30 PM -8:30 PM
SES A
1.5 Points
10218
PLA6721‑1 Fall 2023
Design by Development: Possibilities of Form
Eran Chen
209 FAYERWEATHER
M 9 AM - 11 AM
SES B
1.5 Points
10220
PLA6798‑1 Fall 2023
Legal Principles of Real Estate
Mitchell Nelson
113 AVERY
W 9 AM - 11 AM
SES A
1.5 Points
10221
Pla6840‑1 Fall 2023
Real Estate Valuation & Investment Analysis
Robert Schoetz
113 AVERY
W 4 PM - 6 PM
SES B
1.5 Points
12704
PLA6847‑1 Fall 2023
Proptech: Nothing Ventured, Nothing Gained
Zachary Aarons
209 FAYERWEATHER
M 11 AM - 1 PM
SES A
1.5 Points
10222
PLA6885‑1 Fall 2023
Redevelopment Implementation
Brooks McDaniel
113 AVERY
TU 6:30 PM - 8:30 PM
SES B
1.5 Points
10223
PLA6892‑1 Fall 2023
Design by Development: Underwriting and Analysis
Alex Barrett
209 FAYERWEATHER
TU 4 PM - 6 PM
SES B
1.5 Points
10316
PLA6897‑1 Fall 2023
Securitized Commercial Real Estate Debt
Shaishav Agarwal
113 AVERY
TH 11 AM - 1 PM
SES B
1.5 Points
10320
Pla6905‑1 Fall 2023
Advanced Financial Modeling - Interview Case Studies
Johnny Din
209 FAYERWEATHER
TH 4 PM - 6 PM
SES B
1.5 Points
16232
A6961‑1 Fall 2023
ADV V STUDIO - CLINIC
Marina Otero Verzier, Farah Alkhoury
WARE LOUNGE - 600 AVERY
M 2 PM - 5 PM
FULL SEMESTER
3 Points
13712
A4892‑1 Fall 2023
Data Visualization for Architecture, Urbanism and the Humanities
Jia Zhang
409 AVERY
F 9 AM -11 AM
FULL SEMESTER
3 Points
10070
A4341‑1 Fall 2023
Traditional American Architecture
Andrew Dolkart
209 FAYERWEATHER
TU 11 AM - 1 PM
FULL SEMESTER
3 Points
10091
A6830‑1 Fall 2023
Difference and Design
Justin Moore
412 AVERY / ONLINE
T 3 PM - 5 PM
FULL SEMESTER
3 Points
10004
A6922‑1 Fall 2023
Ways of Experiencing
Karen Wong
209 FAYERWEATHER
F 11 AM - 1 PM
FULL SEMESTER
3 Points
10352
A6927‑1 Fall 2023
Science + Technology Studies
Albena Yaneva Counts for AAD Vis/Tech Elective
323M FAYERWEATHER
M 11 AM - 1PM
FULL SEMESTER
3 Points
10303
A6929‑1 Fall 2023
The Reimagining of Lower Manhattan Post-Sandy
Michael Kimmelman
408 AVERY
W 9AM - 11 AM
FULL SEMESTER
3 Points
10304
Pla4444‑1 Fall 2023
The Future City: Transforming Urban Infrastructure
Kate Ascher
113 AVERY
TU 1 PM - 3 PM
FULL SEMESTER
3 Points
18443
Pla6272‑1 Fall 2023
New York Rising: How Real Estate Shapes a City
Kate Ascher
114 AVERY
F 11 AM - 1 PM
FULL SEMESTER
3 Points
13183

M.S. RED student Samuel Oketcho at the Fall 2016 ULI Conference in Dallas
The ULI Fall Meeting attracts more than 6,000 attendees annually, bringing together every sector of the real estate industry in one place. Columbia GSAPP’s M.S. RED students attended the Fall 2016 meeting in Dallas in full force, where student Samuel Oketcho was interview by ULI on his takeaways from the conference.