URP 596

Fundamentals of Real Estate Development — The course introduces students to real estate development by focusing on components of the development process including: Project Conception; Pre-Development; Construction; Completion and Stabilization; and Property Management and Ownership. Students will engage with material through literature, in-class discussions, and hands-on exercises. Case studies will include mixed-use, mixed-density, and mixed-income development projects from a wide range of regional settings throughout the United States. Additionally, through case study presentations, guest lectures from local and regional experts, and self-directed field studies and project tours, students will develop the skills and tools needed to apply deep conceptual learning to self-directed individual and/or group projects. Through an immersive, interactive, project-based approach to real estate development for current and aspiring real estate professionals, all students will be afforded a practical understanding of the processes through which jurisdictions and sites are selected, real property is acquired, and real estate projects are managed.