MRED - Master of Real Estate Development

Master of Real Estate Development (MRED)

MRED students will develop skills needed to evaluate, create, implement, and manage real estate development proposals, and to understand how real estate development fits into regional planning, community and sustainability-based development, and economic processes. MRED graduates will be known for having both excellent technical skills and an integrated and holistic approach to real estate development, qualities currently associated with the most innovative and successful development in our region. With Portland’s renowned reputation for sustainability and innovation, the MRED program is designed to make extensive use of the community and sustainability-based development dynamics associated with the best of metropolitan Portland’s contemporary development.

PSU’s MRED is the only Master of Real Estate Development , or related degree, offered in Oregon and Southwest Washington, and is one of only a handful of MRED programs offered on the west coast.

Focus on Development, Finance & Sustainability

The MRED program draws teaching expertise from two of PSU’s most respected Schools: the Schools of Business Administration and Urban Studies and Planning. In addition to learning the fundamentals of real estate development and finance, MRED students learn to assess the impact proposed developments have on local communities.

Students gain knowledge in working with local communities to link project objectives with community objectives in a manner that contributes to project success and broader community sustainability. Additionally, MRED students are able to place the role of real estate development within a framework of public policy decision making so that their developments are environmentally sensitive and sound from the perspective of community and social sustainability.

MRED Curriculum

The coursework within the MRED program can be grouped into four segments: urban theory, finance and policy, project development, and electives.

The core curriculum introduces students to real estate development in the context of finance, urban planning, community development, and sustainability to ensure that the projects that are developed are sensitive to the human and physical environment and communities in which they exist.

Although no formal tracks or concentrations have been created, there are 18 elective credits within the program that allow students to focus their work in green building, real estate finance, land use law, real estate valuation, and/or community development. In both the core and electives, the focus is on the integration of real estate development with broader community needs and concerns, and with an eye towards sustainability and the future.

The Graduate Business Programs at Portland State University have a rich tradition of academic excellence, professional success, and community service. We are known for our commitment to core values and our emphasis on innovation, sustainability, and environmental stewardship. Our graduates leave with the specialized skills needed to succeed in today’s economy, and with the vision to provide smart, principled leadership in their chosen fields.

We offer exclusive specialized programs designed for today’s business landscape. We have fostered uniquely strong ties to the local business community, providing a wealth of education and career-building opportunities for current business school students and alumni.

The Graduate Business Programs at Portland State University are leaders in business education, not only in Portland and the Pacific Northwest, but also across the nation and internationally. We have received national recognition from a variety of ranking organizations, and we attract students from around the world. Within our local community, we attract the highest caliber of students based on having the strongest class profile year after year. As a result, we are also leaders in job placement success for our graduates in the Portland area and beyond.

Points of Distinction

■The School of Business Administration is the largest and most diverse business school in Oregon.

■The School of Business Administration is one of only 400 business schools worldwide to be internationally accredited by The Association to Advance Collegiate Schools of Business (AACSB) International, ensuring the highest standards in curriculum, teaching and service.

■The School of Business Administration leverages its urban location to offer greater connection to the business community, resulting in better career networking, more career opportunities and richer “real world” classroom experiences than any other Oregon business school.

■The School of Business Administration counts among its friends and supporters many of Oregon’s leading businesses, including Intel, Vestas, Ernst & Young and Nike, among others, who contribute leadership in the classroom and on advisory boards.

■The School of Business Administration prides itself on admitting a high caliber of students. Our incoming classes average over 5 years’ work experience with a mean GMAT score at MBA admission of 628, making the School of Business at PSU one of the most selective MBA programs in the Northwest.

■The School of Business Administration offers a broad choice of degrees, majors and concentrations, including the MBA , with opportunities to specialize your degree to your career goals and area of interest. We also offer the Master of International Management (MIM) , with 5 possible areas of specialization, and Master of Science in Financial Analysis (MSFA) with multiple areas of focus as well.

■The School of Business Administration offers more flexibility in its programs than any other in the region by offering full-time and part-time programs, with classes in the day, evening, on weekends and on-line.

■The School of Business Administration is ranked among The Best 290 Business Schools according to a 2012 edition Princeton Review student survey. The survey cites MBA students who chose Portland State University, “the acknowledged leader in MBA education in this area,” for its “interdisciplinary approach to sustainable development,” “location and low costs,” and its flexible options for students who are employed full-time.

■Our connection to the larger university provides access to a wealth of additional resources and opportunities, including programs for study overseas, support for international students, and opportunities such as the ability to create unique specializations that include elective courses from other schools within PSU.

■The School of Business Administration is located in the heart of downtown Portland, considered one of the most livable cities in America for its dedication to urban planning, environmentalism, and recreational opportunities, as well as its proximity to the high tech Silicon Forest and its access to Pacific Rim markets.