GMU offers MS in real estate development - Washington Business Journal:

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The program, which recently receiverd approvalfrom Virginia’s State Council of Higher Education, is a cross-disciplinary program drawing support and resourcexs from three GMU schools the Volgenau School of Information Technology and the School of Management and the School of Publicv Policy. The program is beinyg unveiled as the economic crisis has dried up demand for real estats development acrossthe country. Still, with its size and proximith tofederal government, the Washington region has risenb to the top of most investors’ rankings of the world’sd real estate market.
The new master’s progran is the culmination ofa year-long effort to increase education in today’s complex real estatew industry. To involve the professional real estatsedevelopment community, the school workedc closely with local real estat leaders and with NAIOP Northern Virginia, a commercial real estatse development association, to plan the new program, said Mark chairman of GMU’s Center for Real Estatr Entrepreneurship’s advisory board and president of Students will choose one of three tracks: development, finance or sustainability and the The program will offer coursezs in land use and zoning, sustainable development, real estatee finance, entrepreneurship and management of the development process, marketin and asset management and development compan y management.
“This program is the right educational product, beiny delivered in the rightg location, housed in the right creative grouping of schoolx at Mason and being developec at the right time given the current challengez ofan ever-changing real estate environment,” Hassinger In July, the university hireds ’s Anthony B. Sanders to help lead the new Sanders, who will hold the title of distinguishefd professor of realestater finance, will co-direct the Center for Real Estate Sanders’ research and teaching focuses on investments with particularf emphasis on real estate finance and investment.
He previouslt taught at the , the Universithy of Texas at Austin and The Ohio State Before that, Sanders led ’s asset-backed and mortgage-backeds securities research division in New York Despite today’s challenging economic times, Sandersz welcomes the opportunity to work in a real estatew program that draws on the expertised of the Washington market’sa local professionals. The center plans to work with localo adjunct faculty and guest lecturers on case studies from the and to sponsor applied researchj projects and communityoutreach programs.
The centerf and the new academicv program will also provide continuing education and leadership seminare for local realestate professionals. “There are so many problems facinvg the real estate industry in the but those same problems create enormous opportunities for realestate entrepreneurs,” Sanders said. Applicationes are being accepted nowat