Real Estate Development (CERT)
The Department of Urban and Public Affairs offers an 18 credit hour 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 (MUP) 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.
Applicants must have a bachelor's degree (any major is acceptable), and provide a completed graduate admissions application, 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.
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 courses are required:
|PLAN 605||Land Use & Planning Law||3|
|PLAN 614||Real Estate Market Analysis||3|
|PLAN 631||Real Estate Principles||3|
|PLAN 633||Real Estate Development||3|
|PLAN 634||Real Estate Finance and Investment||3|
|PLAN 636||Site Planning||3|
|Minimum Total Hours||18|
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.
The Graduate Certificate in Real Estate Development program prepares students to meet the requirements for certification and/or licensure. If you plan to pursue professional licensure or certification you should first determine your state’s criteria for examination and licensure to see how/if our program meets those requirements prior to enrollment. We recommend that you also contact your state’s licensing board directly to verify that the requirements have not changed recently and to answer any questions especially those regarding additional requirements beyond the degree.
More information about certification or licensure is available at the following website: https://louisville.edu/oapa/licensure-information (you may search by school or by the name of the program then click on 'View Details' to display the information).
For programs with an online option, more information about certification or licensure is available here: http://louisville.edu/online/About-Us (please scroll down near the bottom of the page and lick on the licensing disclosures tab).