Master of Real Estate Development

Break Ground on Your Commercial Real Estate Career

Leveraging Portland’s strength as a laboratory for livable built environments, the Master of Real Estate Development (MRED) at Portland State University offers a fast track into the commercial real estate industry and unlocks a network of forward-thinking leaders across all disciplines of urban development.

The Portland State Master of Real Estate Development


Forbes ranked Portland among 10 fastest growing cities in the nation.

Build your expertise through interdisciplinary coursework that blends business and planning perspectives. Co-developed with industry leaders, the curriculum is highly relevant and application-oriented. Sustainability is a core value at Portland State and runs through the entire MRED curriculum.

MRED Curriculum: Practical, Interdisciplinary, Industry-Aligned

+ Fundamentals: Understand finance, economics, law, and market analysis.
+ Community: Explore new and proven avenues for sustainable urban development.
+ Projects: Apply your knowledge and gain visibility in a real-world capstone development project, culminating in a national NAIOP competition in Seattle.
+ Excursions: Study real estate in the west coast’s leading city known for sustainable urban development through Portland site tours, or participate in an international or domestic real estate tour.
+ Certifications: Fast track towards a choice of professional licenses: CPM, LEED, Argus, and CCIM.

Explore: View Curriculum | Development Projects | Why the MRED?

MRED Community: Interdisciplinary and Connected

As an interdisciplinary program between PSU's business school, the Center for Real Estate, and the School of Urban Studies and Planning, the MRED brings together a diverse cohort from various backgrounds as well as faculty with deep-rooted industry ties.

Explore: Class Profile | MRED Faculty |  Ask a Student Ambassador   

Your Career: Building Your Foundation

Renowned for its integration with the local community, Portland State’s Center for Real Estate offers unique opportunities to build your network among forward-thinking real estate professionals. Mentorship from Center board members with extensive experience and connections further accelerates your professional growth.

Explore: Advisory Board | Center for Real Estate

Accessible Career Catalyst

+ Open to professionals and recent graduates with business and non-business undergraduate degrees
+ GMAT/GRE not required for admission
+ WICHE/WRGP Pricing: In-state tuition rates for Western States applicants

Explore: Tuition & Fees | Scholarships