Overview

The development of urban real estate is one of the most powerful forces shaping our buildings, cities, and metropolitan regions. From finance to design, the choices we make about what to build, where to build, and how to build influence urban sustainability, equity, and resilience -- today and for years to come.

Our rapidly urbanizing world faces major challenges, ranging from climate change to social inequality. We need real estate professionals who have a deep knowledge of how development can bring positive benefits to society and the environment, and who understand the power of design to make cities efficient, livable, distinctive, and valued.

The Nancy and Douglas Abbey Master of Real Estate Development + Design (Abbey MRED+D) is an interdisciplinary degree program that trains real estate practitioners to build sustainable, equitable, and innovative large- and small-scale real estate projects.

The curriculum educates diverse students to accelerate their careers in real estate with a firm foundation in finance, law and construction while centering principles of innovative, sustainable design and social equity, enabling graduates to tackle the built environment's pressing challenges, such as climate change, rising inequality and the housing shortage. Through cases, experiential learning, studios, industry-leading practitioner faculty and guest-lecturers, and the diverse perspectives, Abbey MRED+D students continuously improve their leadership, management, communication and foundational real estate skills, with a focus on design + urbanism, sustainability + resilience, and equity + inclusion.

Career Services:

The Abbey MRED+D program offers an array of workshops, networking and speaking events, and employer presentations to best prepare our students to obtain real estate development positions after graduation. There are also myriad opportunities to network with industry practitioners--including alumni and Doug Abbey--through career events, guest lectures in class, and MRED+D's own lecture series. Students' career journeys are divided into three parts, one per academic term: self-discovery, career discovery, and career placement.

Internships:

Students may obtain part-time internships while completing their degree. They may receive course credit and/or be compensated by the employer.

Real Estate Competitions:

Students compete in myriad case competitions, primarily in the Spring, that allow them to hone their skills, connect with industry practitioners, and produce tangible work product that they can provide during their job searches. Examples of competitions in which our students have participated include, among others:

*Bank of America Low-Income Housing Challenge
*CASE Competition
*Hack-A-House (Ivory Innovations)
*HUD Innovation in Affordable Housing Student Design and Planning Competition
*Kellogg Real Estate Venture Competition
*NAIOP SF Bay Area Real Estate Challenge, also known as "Golden Shovel" (direct competition between Berkeley and Stanford)
*Real Estate Joint Venture Mock Negotiation
*ULI Gerald Hines Student Competition
*UT Austin National Real Estate Challenge

Clubs and Professional Organizations:

Students take part in the Berkeley Real Estate Club (BREC), which allows real estate graduate students from across campus to come together for speaking events, networking opportunities and case competitions. Membership is drawn primarily from the College of Environmental Design (the Abbey MRED+D's home school, which also includes architecture, landscape architecture, city and regional planning, and urban design graduate students), Berkeley Law School, the Haas School of Business, and the Goldman School of Public Policy.

The Abbey MRED+D provides students with membership in several professional organizations, such as the Urban Land Institute (ULI), NAIOP (the Commercial Real Estate Development Association), and ICSC (the International Council of Shopping Centers); the cohort attends the ULI Fall Meeting (in Las Vegas for Fall 2024) all together each year. We also offer optional ARGUS training.

Alumni Association:

Berkeley has an extensive network of alumni working in real estate in the Bay Area, nationally, and abroad. Students are encouraged to participate in Berkeley Real Estate Alumni Association (BREAA) activities while enrolled and to join BREAA upon graduation. BREAA includes graduates from the College of Environmental Design (including MRED+D), the Haas School of Business, Berkeley Law School, and other Berkeley schools and colleges, and it maintains active chapters in the Bay Area, Los Angeles and New York City.