M.S. Real Estate Development

Overview
The Real Estate Development program’s expanded three-semester curriculum combines the fundamental skills of professional real estate with a holistic approach to urban development as a creative act. Graduates receive a Master of Science of Real Estate Development (MS.RED) in an intensive calendar year spanning from May to May. Cross-disciplinary electives draw on the program’s access to the extraordinary offerings of GSAPP and Columbia at large, while required coursework immerses students in the three core tenets of urban real estate development: the financial, the physical, and the legal, arming students with the full range of professional and intellectual skills needed to tackle the complex demands of global urban real estate development.
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.

Current Faculty
Mitchell Adelstein
Nathalia Bernardo
Shuprotim Bhaumik
Frank Gallinelli
William Heishman
Roger Nussenblatt
Eduard Sancho Pou
Margaret Streicker-Porres
James von Klemperer
Robert Wertheimer

Fall 2017 Courses

Course Semester Title Student Work Instructor Syllabus Requirements & Sequence Location & Time Session & Points Call No.
Pla4312‑1 Fall 2017
Real Estate Finance 2: Case Studies
Patrice Derrington, Steven Bloom Required, RED Only
113 Avery
M 9 AM - 11 AM
Full Semester
3 Points
21346
Pla4312‑2 Fall 2017
Real Estate Finance 2: Case Studies
Patrice Derrington, Steven Bloom Required
200 Fayerweather South
M 9 AM - 11 AM
Full Semester
3 Points
21796
Pla4322‑1 Fall 2017
Real Estate Finance Tutorial
Johnny Din Required unless tests out
113 Avery
TH 9 AM - 11 AM
Full Semester, Alternating Weeks
0 Points
28532
Pla4538‑1 Fall 2017
Real Estate Entrepreneurialism For Architects, Builders, Developers, Buyers & Sellers
Harold Bell Elective (Lecture)
200 Fayerweather South
TU 11 AM - 1 PM
Full Semester
3 Points
22846
Pla6222‑1 Fall 2017
Affordable Housing Finance
Richard Froehlich, Charles Brass Elective
200 S Fayerweather
TU 9 AM - 11 AM
Full Semester
3 Points
23446
Pla6252‑1 Fall 2017
Architect and Developer Dialogues
Raquel Ramati Elective
200 Fayerweather South
W 3 PM - 5 PM
Ses B= 10/23-12/11
1.5 Points
26596
Pla6259‑1 Fall 2017
Capital Markets: Reit Analysis
David Kruth Elective, RED Only
113 Avery
TH 4 PM - 6 PM
Full Semester
3 Points
27296
Pla6265‑1 Fall 2017
Underwriting
Roger Nussenblatt Required, RED Only
113 Avery
W 6 PM - 8 PM
Ses A= 9/5-10/20
1.5 Points
28097
Pla6265‑2 Fall 2017
Underwriting
Roger Nussenblatt Required, RED Only
113 Avery
W 6 PM - 8 PM
Ses B= 10/23-12/11
1.5 Points
28531
Pla6272‑1 Fall 2017
History of Development in New York City
Kate Ascher Elective
200 Fayerweather
TH 4 PM - 6 PM
Full Semester
3 Points
63004
Pla6274‑1 Fall 2017
Residential Development & Asset Strategy
Margaret Streicker-Porres Elective
200 Fayerweather South
W 3 PM - 5 PM
Ses A= 9/5-10/20
1.5 Points
25506
Pla6275‑1 Fall 2017
Transit Oriented Development
Kate Ascher Elective, Cap - By application only
200 Fayerweather South
TH 12 PM - 2 PM
Full Semester
3 Points
74779
Pla6281‑1 Fall 2017
Hotel Development & Investment
Adam Feil Elective
200 Fayerweather South
F 9 AM - 11 AM
Ses B= 10/23-12/11
1.5 Points
20941
Pla6333‑1 Fall 2017
Real Estate Law
Richard Leland Required
113 Avery
W 9 AM -11 AM
Full Semester
3 Points
23316
Pla6359‑1 Fall 2017
Global Real Estate Investing
Sonny Kalsi Elective, By application only for MSREDs
200 Fayerweather South
F 3 PM - 5 PM
Ses B= 10/23-12/11
1.5 Points
29566
Pla6377‑1 Fall 2017
Private Equity & Capital Raising
Michael Clark, Marc Weidner Elective, RED Only, Cap 60
113 Avery
M 4 PM - 5:30 PM
Ses A= 9/5-10/20
1.5 Points
65941
Pla6390‑2 Fall 2017
Tutorial
Bo Liu
200 Fayerweather
F 9 AM - 11 AM
Ses A= 9/5-10/20
0
Pla6390‑1 Fall 2017
Studio: Advanced RFP Response
Brian Loughlin Elective, By Application
200 Fayerweather
TH 2 PM - 4 PM
Full Semester
3 Points
61530
Pla6391‑1 Fall 2017
Residential Investment & Development
Joshua Kahr Elective
Ware Lounge
M 11 AM - 1 PM
Ses A= 9/5-10/20
1.5 Points
61779
Pla6568‑1 Fall 2017
Public-Private Partnerships in Real Estate Development
Robert Paley Elective, Cap 30
200 Fayerweather South
TH 6 PM - 8 PM
Full Semester
3 Points
76029
Pla6569‑1 Fall 2017
Comparative Global Real Estate
Patrice Derrington Elective
200 Fayerweather South
M 4 PM - 6 PM
Ses B= 10/23-12/11
1.5 Points
78529
Pla6595‑1 Fall 2017
Value of Design
James von Klemperer, Gene Kohn Required
113 Avery
W 11 AM - 1 PM
Ses B= 10/23-12/11
1.5 Points
85279
Pla6603‑1 Fall 2017
Lease Analysis & Financial Metrics
Sara Queen Required
113 Avery
TU 6 PM - 8 PM
Ses A= 9/5-10/20
1.5 Points
25507
Pla6710 Fall 2017
Capital Markets: Debt
Ed Adler Application only; Cap 40
200 S Fayerweather
TU 1 PM - 3 PM
SES B (10/23-12/11)
1.5 Points
95800
A4844‑1 Fall 2017
Urban Preservation
Erik Langdalen Elective
655 Schermerhorn
9 AM - 11 AM 10/13, 10/16, 10/19, 10/20 6 PM- 8 PM 10/17 + 10/18
Ses A
1.5 Points
81030
A6708‑1 Fall 2017
Sustainable Retrofits
Michael Adlerstein Elective
408 Avery
W 11 AM - 1 PM
Full Semester
3 Points
73317
A4122‑1 Fall 2017
Mapping For Architecture Urbanism and Humanities
Michelle McSweeney All GSAPP Interdisciplinary, GSAS, M.Arch - Visual Studies
408 Avery
F 9 AM - 11 AM
Full Semester
3 Points
77296
A6776‑1 Fall 2017
Cultural Strategies & Production
Karen Wong All GSAPP Interdisciplinary, Elective Seminar
200 BUELL NORTH
F 11 AM - 1 PM
Full Semester
3 Points
81755
A6783‑1 Fall 2017
Narrative Urbanism: Strategic Storytelling For Designers and Planners
Cassim Shepard All GSAPP Interdisciplinary, M.Arch - Visual Studies
115 Avery
F 11 AM - 1 PM
Full Semester
3 Points
29568
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.