Real Estate Development (CERT)

Graduate Certificate in Real Estate Development (RED CRE)
Unit: College of Arts and Sciences (GA)
Department: Urban and Public Affairs
Program Webpage: louisville.edu/upa/programs/gcred

Program Information

The Department of Urban and Public Affairs offers a Graduate Certificate in Real Estate Development designed to equip graduates with the skills needed to make better real estate decisions with respect to investment considerations and site analysis and planning. The program will be particularly attractive to Urban Planning students desiring to work in the private sector; however, the program will also be appealing to students enrolled in other graduate programs at the university or who wish to complete the certificate on a stand-alone basis.

The program may be completed in conjunction with the Master of Urban Planning program without the need to take any additional coursework beyond what is required for the MUP program. For MUP students, the certificate courses satisfy the requirements for the specialization in Housing and Community Development.

Admission Requirements

Applicants must have a bachelor's degree (any major is acceptable), and provide a completed application form, a transcript of all undergraduate work, and two letters of recommendation.

Admission is competitive and generally requires a minimum undergraduate GPA of 3.00. Those applicants whose native language is not English and who do not hold a degree from a university where the language of instruction is English must complete the Test of English as a Foreign Language (TOEFL) with a score of at least 78 on the internet-based test.

Program Requirements

The program requires 18 credit hours, and may be completed in one year as a full-time student or up to four years as a part-time student. Courses may be waived by the Program Coordinator based on previous study; however, substitute course work will be required.

The following 3 credit hour courses are required:

PLAN 605Land Use & Planning Law3
PLAN 614Real Estate Market Analysis3
PLAN 631Real Estate Principles3
PLAN 633Real Estate Development3
PLAN 634Real Estate Finance and Investment3
PLAN 636Site Planning3
Minimum Total Hours18

Generally, PLAN 631 should be completed prior to PLAN 634 and PLAN 633. PLAN 633, which serves as a capstone course for the program, should be taken in the final semester or year of study.

Although the program does not require an internship, students who are also in the MUP program may wish to complete the required planning internship by working in a real estate development firm.