Real estate developers are the impresarios of the built environment. They orchestrate the talents of many players and balance the needs and interests of the various constituents touched by a real estate project. It is their job to discover how we want to live and work and to provide the settings accordingly.
In many ways, real estate professionals are the creators of the urban landscape, working within a complex system of finance and governance to tackle the challenge of converting undeveloped or under-utilized resources into homes, employment centers, and places of recreation and commerce. With the excitement of finding place-based solutions to the unique set of problems presented by a real estate project, there also are the risks, rewards, and responsibilities that come with making our built environments more habitable and prosperous.
With greater frequency, community groups, government agencies, other property owners, and even the media are becoming involved in the development process. The capital markets, political and regulatory context, and major players change so rapidly that it is difficult to remain informed, let alone competitive. To deal with the complexity of the field and its far-reaching effects, today’s real estate professionals require advanced training to prepare them to operate in increasingly technical and interrelated areas.
What makes the Dollinger MRED program unique?
USC Price’s Dollinger Master of Real Estate Development program prepares graduates for key positions in real estate development and investment. The program does this by delivering a strong academic framework on which professional practice is built. Courses combine lectures, cases, and active engagement with the industry so students experience and master all facets of real estate’s tasks and challenges: finance and deal structuring, market analysis, site planning, political approvals, and project management; and across all product types: residential, retail, office, industrial, and hospitality.
The USC Dollinger MRED has a long tradition of providing education focused on real estate fundamentals and the recent market fluctuations have only served to sharpen our commitment to this legacy. The particulars of real estate are moving targets but the essential tools of underwriting are the same durable framework around which we oriented the program. Leadership requires looking ahead. While our curriculum is always evolving to meet the needs of our students, the structure remains constant: fundamentals matter and USC Dollinger MRED graduates leave the program skilled as complete real estate professionals.
The Dollinger MRED program offers a number of distinct features, including: