Portland State University’s (PSU) School of Business Administration announced a new masters degree in Real Estate Development, anticipated to launch in Fall 2011. PSU is one of only two universities in the northwest and the sole university in the state of Oregon to offer the degree.
The Master in Real Estate Degree (MRED) program includes classes in Real Estate, Finance, Public Policy, and Real Estate Project Development as well as electives in various offerings provided by the School of Business Administration and School of Urban Studies and Planning. The program is geared toward working professionals with two or more years of work experience in real estate, business or economics. Full time students can complete the degree in two years, and part time students can complete it in 3 years with the majority of classes offered in the evenings.
“The long term trends for the real estate market in Portland, and throughout Oregon, are quite positive,” said Gerard Mildner, Director of PSU’s Center for Real Estate. “The need for trained professionals will continue to grow as the economy grows.”
In addition to a strong academic program, students in the master of real estate development degree program will experience a wide array of career development opportunities and interact with local real estate professionals through the Center for Real Estate’s mentor program, networking receptions, and its Annual Spring Real Estate Conference. By having the opportunity to interface with the commercial real estate industry throughout the program, students will graduate with skills, resources and connections critical to finding a job.
“Graduates will be highly attractive to the real estate industry, ready to add value the first day on the job,” said Larry Remmers, PSU Center for Real Estate Advisory Board Member and Senior Vice President and Regional Manager for the Real Estate Banking Group at Wells Fargo.