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 prepares real estate development professionals to build sustainable, equitable, and prosperous cities.

The curriculum covers the fundamentals that real estate developers need to know -- real estate finance, real estate economics and market analysis, land use law and approvals, project feasibility analysis, and the details of the urban development process -- but we include "design" in the degree's name for a reason. The Abbey MRED+D program goes beyond tradition, linking real estate to the world of design based on two convictions: One is that successful real estate development requires excellence in urban design, planning, and sustainability. The other is that design thinking -- the iterative process of problem finding, prototyping solutions, and iterative critique -- is fundamental to producing the most valued and valuable real estate projects. With a strong understanding of how good design adds value to development projects, our graduates emerge with the tools and mindset to use real estate development to solve the grand challenges of our time and positively impact communities in which they build.

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. Students' career journeys are divided into three parts, one per academic term: self-discovery, career discovery, and career placement.


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)
*Holland & Knight Real Estate Joint Venture Mock Negotiation
*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)
*ULI Gerald Hines Student Competition

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) and NAIOP (the Commercial Real Estate Development Association); the cohort attends the ULI Fall Meeting (in Los Angeles for Fall 2023) 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.