Graduate Real Estate Development

This course teaches the fundamentals of real estate development. Students learn about the real estate development process and the social, economic and regulatory context in which development takes place. 

48-725
Instructor: Thomas Hardy
ULI Case Study:  The Sullivan Center, Chicago, IL

ULI Case Study: The Sullivan Center, Chicago, IL

This course teaches the fundamentals of real estate development. Students learn about the real estate development process and the social, economic and regulatory context in which development takes place. The course covers project team members and processes, market research, site constraints and zoning, basic project budgeting, and funding sources. We discuss social equity issues related to land use, including affordable housing, segregation and economic inequality. Since this course typically includes international students, we also discuss land use issues in other countries. The primary objective of this course is for students to understand how these issues might affect their professional and personal lives, whether they become designers, contractors, engineers, public policy professionals or developers.

Students have the first two weeks of class to select a 9 or 12 credit option. Students pursuing 12 credits complete additional work. The course is open to graduate students from any school, including Architecture, Tepper and Heinz College.