MS in Real Estate Development

On-site and Hybrid Study Options


The M.S. in Real Estate Development (MSRED) provides students with the knowledge and tools necessary to succeed in the dynamic industry of real estate development. The core development courses provide a strong foundation and understanding of the development process; finance of development projects; legal, land use and regulatory frameworks; design and construction; and market analysis and technology. The program provide NYU SPS students with flexibility. The degree can be completed part-time, full-time, or in an accelerated full-time format in 13 months or more. On-site and hybrid study options available.

The MS in Real Estate Development program has three concentrations with specialized tier courses. These concentrations are:

  1. The business of development, which includes entrepreneurship and public private partnerships.

  2. Sustainable development such as green buildings, and infrastructure and resilience.

  3. Global development, such as comparative international real estate development and advanced real estate development and investment practices.

Explore Graduate Opportunities at NYU SPS

Join an upcoming online session to learn more about our graduate degree programs including the MS in Real Estate Development. As an attendee of an Explore Graduate Opportunities at NYU SPS session, you will meet members of our team and have the opportunity to ask questions about the program and application process.

6:00 PM until 7:30 PM EST

6:00 PM until 7:30 PM EDT

Program Structure

Core Courses

The core curriculum is designed to provide you with a deep and broad foundation that supports concentration coursework and serves you throughout your career.


Elective Courses

Elective courses provide the opportunity for students to explore growing market niches such as affordable housing, international development finance, data analytics and economic development. Select a combination of courses with permission from the program director.


The program offers concentrations that allow you to tailor your curriculum and specialize in a particular field of the real estate industry.



To complete their course of study, students are required to complete a capstone course to demonstrate their comprehension of all prior courses undertaken in the program.

Core Curriculum for the ms in real estate development

The core curriculum is designed to provide you with a deep and broad foundation that supports concentration course work and serves you throughout your career. Students are required to take all the following courses.

Core Curriculum: Tier I

Tier I courses provide a fundamental understanding of the economic and financial aspects of real estate development, familiarity with the legal issues that shape the development process, and an exploration of the methods and techniques in economics and market analysis. Students are required to take all courses listed below.

Core Curriculum: Tier II

Tier II courses analyze design, construction methods, valuation approaches within the development process, and the range of federal, state, and local regulations governing site planning and feasibility. Students are required to take all courses listed below.


Students are required to select courses in any combination of the following: (a) from the list below, (b) from a course(s) within another concentration in this program or (c) with permission from the Program Director, a course(s) from the M.S. in Construction Management or the M.S. in Real Estate (pending some exceptions) degree programs. Please note that not all courses are offered every semester.


Students select one of the following concentrations.

Global Real Estate

The Business of Development

Sustainable Development


Visit the Admissions Deadlines page to view the application deadlines.

Admissions Criteria

The NYU SPS Admissions team carefully weighs each component of your application during the admissions review process to evaluate your ability to benefit from and contribute to the dynamic learning environment and the challenging curriculum that the NYU School of Professional Studies offers.


The NYU SPS Admissions team is here to help you navigate the admissions process and ensure that all of your questions and/or concerns are addressed. Call or email to set up a Zoom or Skype appointment.

212-998-7100 •

Financing Your education

Click the link below to find important information regarding the federal aid process, NYU School of Professional Studies (NYUSPS) department and divisional scholarships, private loans, and the NYU payment plans.