Master of Sustainable Real Estate Development

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The Master of Sustainable Real Estate Development (MSRED) degree is an interdisciplinary one-year graduate program that prepares students from diverse backgrounds to become effective and influential participants in the fields of real estate finance, design, and development. We equip our graduates with a blended education in business, economics, sustainable design, urbanism, and legal issues. The MSRED degree is practice-oriented and emphasizes opportunities for students to gain experience and build a professional network in innovative for-profit, nonprofit and public settings.

• Faculty of Industry Professionals: Learn from current practitioners who bring real-world experience and a commitment to teaching.
• Experiential Learning: Get direct field experience through structured internships, client-based research projects, and field study trips to learn the challenges and successes in other cities nationally.
• Alumni Success: MSRED alumni are making an impact on high-level leadership positions across the industry.
• Connections with Local and National Organizations: Build a professional network through interaction with industry professionals at the local, state and national levels.

Key Facts

• Program Length: Full time (one year) or part-time (two years)
• Start Date: June 2020
• Small Class Size: 18-24 students
• Dual Degree Options: MBA/MSRED, M.Arch/MSRED, and MPS/MSRED tracks available
• Career Opportunities: Project Manager, Financial Analyst, Development Associate, Consultant, Principal, Owner/Developer

Important Dates

• October 1, 2019 – Online Application Opens
• November 7, 2019, 5 to 8 pm – Fall Open House
• November 15, 2019 - Virtual Open House
• January 15, 2020 – Application Deadline

Why Study Real Estate Development in New Orleans?

New Orleans is a vibrant and rapidly growing city, with unique opportunities and persistent challenges related to reinvestment, revitalization and innovative development strategies. In the effort to rebuild an economy and focus on environmental solutions to protect this region, New Orleans and Tulane are at the forefront of the sustainable development movement. As affordable housing and economic development needs are considered, and neighborhoods and businesses are rebuilt, questions emerge constantly regarding density, market growth, and economic value in relation to community, the environment and a personal connection to the city. This program addresses these questions while examining successful case studies throughout North America and the world.

Curriculum

Our curriculum gives students a deep understanding of fundamental real estate principles. The core courses include:

• SRED 6100 Introduction to Real Estate Finance & Economics
• SRED 6110 Introduction to Sustainable Architecture
• SRED 6130 Introduction to Sustainable Urbanism
• SRED 6140 Introduction to Real Estate Finance Products
• SRED 6400 Urban Field Study
• SRED 6210 Legal Issues in Real Estate Development
• SRED 6220 Sustainable Urban Design
• SRED 6230 Real Estate Finance
• SRED 6240 Applied Urban Economics
• SRED 6720 Case Studies in Sustainable Real Estate
• SRED 6740 Directed Research

In addition to the core curriculum, students choose from a variety of elective courses to further enhance their understanding of specific real estate topics, including:

• SRED 6340 Building Performance & Benchmarking
• SRED 6460 Community Development Finance
• SRED 6560 Business of Real Estate
• ARCH 6764 NOLA Geography for Architects
• ARCH 6212 Materials & Methods

Fall Internships

As part of MSRED’s practice-based education, students have the opportunity to complete a paid internship with local nonprofits, development companies, or local government partners. For these GIGs (“Graduate Internship, GO!”), selected students work with the partner for approximately 15 hours/week on a specific project: conducting research, participating in meetings and engaging in the real work of development. Each GIG is designed to foster mentoring relationships between the host partner and the MSRED student. These experiences also result in tangible work products and professional relationships that can help jump-start a career in real estate.

Directed Research

MSRED students collaborate with a professional partner to complete a directed research project during the spring semester. This research gives students an opportunity to apply and deepen their knowledge while gaining practical experience and building a professional network. Research partners can be in New Orleans or around the globe. The public presentation of each student’s final work product is attended by industry professionals and is a further chance to demonstrate skills, build confidence and make connections.