Graduate Certificate in Real Estate Development
Schedule
With careful planning, students entering their graduate program at the same time as the certificate program can earn both degrees without an extra semester. For a M.U.P. student this would necessitate three semesters of 15 credits and one semester with at least 12 credits (an average of 14.25 credits per semester). Otherwise, completion of the certificate program could take one extra semester. For those not currently at Michigan in a degree program ("stand alone certificate") completion of the certificate program could take up to three semesters (depending on course offerings).
More information for Dual Degree Students
Courses for the certificate may be chosen from the real estate curriculum listed below. Students may also find other courses especially related to their interests in real estate development; these courses may be approved for credit for the certificate with permission of the Director of the Real Estate Certificate Program.
1. An Introductory Overview of Real Estate Developement
(one course): |
Credit Hours |
|
|---|---|---|
| UP 517 BA 517 |
Real Estate Essentials | 3 |
| UP 613 Arch 517 |
Architect/Planner as Developer | 3 |
| UP 565 FIN 565 |
Real Estate Development | 3 |
2. Real estate finance and investment
(at least 3 credits):For Business School students and others who meet the prerequisites: |
Credit Hours |
|
|---|---|---|
| FIN 566 | Real Estate Finance and Investment I | 1.5 |
| FIN 567 | Real Estate Finance and Investment II | 1.5 |
| FIN 568 | Real Estate Finance and Investment | 3 |
| LAW 776 | Real Estate Finance Law | 2 |
| UP 566* | Structuring Real Estate Financial Deals | 3 |
*for students who do not meet the prerequisites for the finance courses in the business school
3. Real estate and land use law
(at least 3 credits): |
Credit Hours |
|
|---|---|---|
| LAW 560*/001 | Property | 4 |
| LAW 560*/002 | Property | 4 |
| LAW 560*/003 | Property | 4 |
| LAW 560*/004 | Property | 4 |
| LAW 560*/001 | Property | 4 |
| UP 513 | Legal Aspects of the Planning Process | 3 |
| *Law 560 Property open to 1st yr. Law students only. | ||
| LHC 482 582 |
Real Estate Law | 3 |
| LAW 735 | Land Use Planning and Control | 3 |
4. Real estate in the urban development context
(at least 3 credits): |
Credit Hours |
|
|---|---|---|
| UP 519 Arch 519 |
Theories of Urban Design | 3 |
| UP 520 | Urban Land Use Planning | 3 |
| UP 523 | Regional Planning | 3 |
| UP 532 | Sustainable Development: Resolving Economic and Environmental Conflicts | 3 |
| UP 537 | Housing Policy & Economics | 3 |
| UP 538 | Economic Development Planning | 3 |
| UP 568 | Real Estate and Urban Development | 3 |
| UP/PubPol 652 | Strategic Thinking for Affordable Housing | 3 |
| UD 723 | Methodologies of Urban Design | 3 |
| UP 573 | Urban and Regional Theory | 3 |
5. Design and implementation
(at least 3 credits): |
Credit Hours |
|
|---|---|---|
| UP 521 | Social Life-Public Spaces | 3 |
| Arch 589 | Site Planning | 3 |
| BA 605/ NRE 605/ Arch 507 | Green Development | 3 |
| UP 527 | Infrastructure | 3 |
| UD 729 | Practices of Urban Design | 3 |
| CEE 431 | Construction Contracting | 4 |
| CEE 532 | Construction Mgmt. & Project Engineering | 3 |
| UD 712 | Urban Design Studio I **MUD students only | 6 |
| NRE 533 | Negotiation Skills in Environmental Dispute Resolution | 3 first 7 weeks |
| NRE 587 | Landscape Env. Media | 4 |
| NRE 687 | Landscape Analysis and Planning | 4 |
| NRE 576 /UP576 | Ecological Design Approaches to Brownfield Redevelopment | 3 |
| PUBPOL 756 | Local Government, Opportunity for Activism | 3 |
6. The integrative seminar
(2 credits): |
Credit Hours |
|
|---|---|---|
| UP 564 | Seminar in Real Estate Development | 2 |
A final survey seminar regarding the various walkable urbanism approaches to real estate development, including downtown revitalization, conservation development, New Urbanism, etc. It will also review the history of conventional development, progressive project financing, and public policy, such as smart growth and regionalism.
