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M.S. in Real Estate Development

Miami Classes Available

New Miami & Palm Beach Gardens Classes Starting Winter 2016

Why Study at NSU?

Real estate markets are complex, dynamic, constantly evolving, local and increasingly global. Success demands leaders who understand all the facets of commercial real estate, are knowledgeable, skilled and ethical professionals who can create value by visioning new opportunities that are financially, socially, and environmentally sustainable.

NSU's program is one of the country's most comprehensive master's level real estate university programs. The program offers the essential courses in real estate so students gain an in-depth understanding and learn the skills required for success and leadership in the industry. Unlike M.B.A. degrees which offer real estate concentrations, NSU's program is focused exclusively on core courses, real world learning and projects that develop the industry's future leaders.

NSU's M.S. in Real Estate Development (M.S.R.E.D.) program prepares graduates to undertake mid and senior level responsibility in development, management, investment and sales and marketing firms. Graduates enter the industry as emerging leaders knowing how to locate and analyze the diverse aspects of real estate from legal, economic and financial considerations to political and regulatory requirements. The rigorous program is taught in an "Executive" format. The full immersion curriculum is taught by highly experienced leaders with in-depth knowledge gained from years of actual experience. Classes, in-field case studies and real world projects from noted professionals focus on providing hands-on applications of practical knowledge that can be immediately used. Program graduates provide significant added value to their companies.

The Master of Science in Real Estate Development is one of the innovative professional programs taught by Nova Southeastern University's H. Wayne Huizenga College of Business in Fort Lauderdale and in downtown Miami.

Graduates enter careers in development, entrepreneurship, finance, investment, banking, asset management and other fields within the industry. The program emphasizes the cornerstone disciplines finance and investment with particular focus on:

Program Associate Director
Matthew Rothstein
Open House session - www.business.nova.edu/msred-info/

NSU's M.S. in Real Estate Development program builds industry leaders by preparing graduates with the multidisciplinary knowledge and tools to succeed in real estate development, investment, finance, management and marketing. Graduates learn core knowledge and advanced application skills to locate and analyze property, determine the physical, market, legal and political parameters and create viable financial, development and management structures. The program knits a close relationship between students and industry leaders at regional and national levels, through executive mentorships, participation in professional programs and networking.

Graduates can expect to build an extensive network of regional and national professional contacts within the industry among other students, alumni and professional networks. Students come to NSU from across the nation, the Caribbean, Latin America and Europe.

South Florida as a Classroom

NSU's master of real estate program immerses students into the profession using South Florida's dynamic market as a living urban laboratory. The program provides in-field studies of developed projects with their developers detailing lessons learned about what worked, what did not, and why. Throughout the degree program, industry leaders in finance, banking, construction, design and development, management and marketing meet with students in class and on-site to talk about the issues and challenges of their specializations – from sustainable "green" development to investment trends and new product opportunities. Learning from leading professionals enables students to clearly understand an industry that is at once local, but essentially the same no matter the location. It also highlights the diversity of career opportunities, specializations and companies available for possible career paths.

Starbucks Coffee location from MS RED field study

"The hands-on projects and case studies provided throughout the program increased my use of real estate terminology, as well as my comfort to interact on a professional level with highly skilled industry executives."

Ben Boies, M.S.R.E.D. Alumnus

"As a member of the Advisory Board, I am pleased to be associated with such a high caliber program that provides students with a solid academic education as well as 'hands-on' field experience."

Gloria Fernandez, Advisory Board Member, Ross Realty Investments

Photo of MS RED field study at Lincoln Road in South Beach
Photo of South Beach shopping center from MS RED field study

"Each case study provides a rare opportunity to get an insider's glimpse into the project's history, details, and development from the project's players who led the effort to overcome project-specific challenges and macro-level economic issues and deliver an exceptional product to the market."

Kelli Nelson, M.S.R.E.D. Alumna, Centerline Homes


NSU graduates find rewarding careers in a variety of industry segments including finance, development, sales and marketing, consulting, investment and banking. Graduates find placement in firms ranging from small entrepreneurial development companies to national portfolio managers. The program strives to provide graduates with a strong combination of skills in finance and development to give them a competitive advantage. As the industry grows more complex NSU's graduates are highly valued because they can understand, analyze, value and manage existing assets as well as create opportunities for new investment.

Students and graduates are expected to seek and pursue firms with whom they wish to work. A student's career planning begins at enrollment when each entering class is placed into NSU's active alumni network and South Florida's dynamic industry organizations. Faculty members expect to assist students with making contacts, career counseling and interview preparation. Year-long professional mentorships with members of the program's Advisory Board help students by pairing them with a seasoned industry leader who will work one-on-one with them to help establish their career goals while advising and mentoring on leadership qualities.

A selected list of companies NSU M.S.R.E.D. graduates work includes: Stiles Corporation, Flagler Development, Apple, GE Capital, Soverign Bank, Starwood Capital


Internships provide students with valuable professional experiences that prepare them to enter or advance in the industry. The program works with a diverse array of development, financial, marketing and consulting firms as well as agencies to provide paid and unpaid internship opportunities within key segments of the industry.

Representative internship sponsors include: Flagler Development Company, Continental Real Estate Company, Silver Companies, Stiles Corporation, Lauderdale Lakes CRA, South Florida Regional Planning Council, Town of Davie


NSU's Real Estate Program offers employers easy and effective recruiting tailored to suit the needs of recruiters and companies. We are able to accommodate whatever schedule meets your individual recruitment needs.

Job Postings Board. Send us your job and we will post it on our job board and email it to all of our students and alumni for your company. NSU encourages employers to advertise job opportunities on the M.S.R.E.D. Job Board at no cost. The Job Board provides a resource to facilitate the search process with a free job posting source that generates a talent pool of enthusiastic, knowledgeable and skilled applicants.

Resume collection and interviews. Provide your requirements and we will arrange to collect resumes and organize interviews of your candidates. The program offers employers the use of interview rooms with multiple cameras and recording features. Interviews may be broadcast live or recorded and uploaded for remote access and viewing. NSU's M.S.R.E.D. students are encouraged to cultivate a portfolio of their work to provide employers with an immediate understanding of their capabilities, communication skills and analytical understanding of the industry.

On Campus Recruiting. We will assist with all aspects of on-campus recruiting, from arranging interview rooms, food service for receptions, guest speaker engagements or a showcase of your company.

Internships. While many NSU students are already in a career, internships are a value added experience for many to gain additional insight into specific aspects of the industry. We will post openings and solicit students to fill professional internship requests.

"While the program addresses and exposes students to leading and emerging industry topics, it is the classmates, faculty and advisory board members involved with the M.S.R.E.D. program that truly makes it rewarding both personally and professionally. The fostering of friendships and business relationships will carry on far beyond graduation."

Kelli Nelson, M.S.R.E.D. Alumna , Centerline Homes

Field Studies

A significant part of NSU's program uses South Florida's dynamic market as a living urban laboratory. As a world-gateway city and international and global business center for banking, trade and investment operations from Europe, Asia and South America, the program teaches best practices and lessons learned from significant developed projects in its Field Studies component. Students view first-hand innovative projects and hear what it took their developers to accomplish the project and why – or why not – it was successful.

The Field Studies program puts students with industry leaders from finance, banking, construction, design and development, management and marketing on-site to talk about, see and understand the issues and challenges of their specializations with specific projects – from sustainable development to new products. Learning from professionals on-site enables students to clearly understand the critical aspects of making successful real estate developments. It also highlights the diversity of career opportunities and specializations as well as puts students in front of company leaders for job opportunities.

Fifth and Alton Field Case Study

Fifth and Alton Case Study Fifth and Alton Case Study Fifth and Alton Case Study Fifth and Alton Case Study Fifth and Alton Case Study Fifth and Alton Case Study Fifth and Alton Case Study Fifth and Alton Case Study

Lincoln Road and Spanish Village

Lincoln Road Field Case Study Lincoln Road Field Case Study Lincoln Road Field Case Study Lincoln Road Field Case Study Spanish Village Field Case Study Spanish Village Field Case Study Spanish Village Field Case Study Spanish Village Field Case Study

Executive Mentor Program

The Program's Executive Mentoring Program is a cornerstone of educating future industry leaders. One-on-one mentoring with leading industry executives provides personal career guidance, leadership role modeling and significantly enhances students professional network.

Students enter the mentorship program each October and conclude the following September, often after graduation mentors and mentees frequently maintain long-standing personal friendships throughout a student's professional career and serve as superior references during job searches.

The Executive Mentorship program wields student experiences from inside and outside the classroom to professional ethical understanding of the role of real estate leaders in business and the community in which they work.

Most program mentors are drawn from NSU's Real Estate Advisory Board which comprises a diverse background in the leading segments of the industry – from residential, commercial, retail and industrial development to finance and investment, law, design and construction, to sales and marketing – for students to be mentored.

"One of the most rewarding parts of being a member of the Advisory Board has been the opportunity to meet with the students and better understand their interests and challenges as aspiring real estate professionals. Whether at a reception, field study or lecturing in the classroom, the personal involvement of local professionals in the program distinguishes the M.S.R.E.D. at Nova from many others." --Debbie Orshefsky, Advisory Board Member

Real Estate Competitions

Real world application of the skills and knowledge learned in class and in the field is a powerful tool. Program students are offered the opportunity to compete in the South Florida NAIOP Collegiate Challenge, a development competition that provides unique and valuable industry exposure to students in a competitive and realistic environment. The Challenge fosters team building and leadership skills in addition to providing exceptional exposure and real-world experience. The Challenge presents an actual problem facing a developer. NAIOP supplements faculty with architectural and other technical support to help the teams operate as they would in professional circumstances to arrive at solutions. Teams from other graduate real estate programs compete against each other, presenting their proposals in both professional report form and in-person to a Who's Who in South Florida panel of distinguished industry leaders. The winning school team receives the traveling NAIOP Challenge trophy. Judging is based upon problem definition, clarity of communication, analytical methods, creativity and thoroughness, as well as the Team's ability to defend their proposal with in-depth questioning.

2012 Competition Preparation Photos

2012 NAIOP Collegiate Challenge 2012 NAIOP Collegiate Challenge 2012 NAIOP Collegiate Challenge

2010 Competition Photos

NAIOP Collegiate Challenge NAIOP Collegiate Challenge NAIOP Collegiate Challenge NAIOP Collegiate Challenge NAIOP Collegiate Challenge NAIOP Collegiate Challenge NAIOP Collegiate Challenge NAIOP Collegiate Challenge

In 2010 teams from NSU and the University of Miami faced off in the 1st South Florida NAIOP Collegiate Challenge, held at Nova's Huizenga College of Business. The problem was a development case provided by Flagler Development Corporation at Miami's Government Center Metrorail station. Flagler has owned the 8.8 acre site, Miami's former FEC Railroad station, since 1894. The objective was how to unlock the land value with new development. NSU's student team generated and submitted a detailed concept and financial plan to the panel and an audience of more than 200 guests. The M.S.R.E.D. Program team ultimately took home the traveling trophy.

NSU MSRED wins South Florida NAIOP Challenge
  • Multidisciplinary immersion curriculum
  • Faculty who are leaders and highly experienced real world experts
  • Hands-on case studies of actual South Florida projects – America's laboratory of innovation in real estate
  • Mentorship by NSU's Real Estate Advisory Board of industry leaders
  • Training in CoStar, ARGUS, communications and graphics programs
  • Advisory Board committed to national program advancement
  • Paid membership to national real estate organizations and industry leaders
  • MSRED Alumni association
  • Concierge career advising
  • International study tour

The M.S. in Real Estate Development program's forty-credit (40) curriculum is offered in a lock-step, executive format, designed to accommodate both full-time working professionals, and full-time students.

The M.S.R.E.D. degree at NSU is a 12-month program with tuition costs of approximately $34,000. The program can be started in January or August and classes meet in Fort Lauderdale on Saturdays and downtown Miami on Tuesdays and Thursdays.

Class sizes provide the opportunity for one-on-one attention and a high degree of interaction with the faculty and Advisory Board members. Courses stress the importance of both individual and team projects which reflect real-world approaches to business operations, problem solving and solutions. Students take part in diverse project assignments designed to teach and sharpen essential written and oral communications skills, develop concise and impactful visual and media presentations, and develop clear financial analytics. Individual research assignments allow students to explore a wide spectrum of personal interests and leading edge industry trends.

Industry professionals and Advisory Board members actively participate in all classes, presenting case studies of actual projects and serving as panel members evaluating individual and team projects. Both professionals and Advisory Board members guide students by providing feedback on their presentations along with solid "how to" advice.

Schedule of Courses

MSRED Program Courses
REE 5878 Real Estate Development Process: Part I  
REE 5887 Real Estate Investments  
REE 5879 Real Estate Development Process: Part II  
REE 5890 Real Estate Accounting  
REE 5874 Real Estate Project Valuation Software  
REE 5892 Market & Feasibility Analysis for Real Estate  
REE 5894 Real Estate Capital Markets  
REE 5880 Real Estate Finance  
REE 5884 Land Use Regulation  
REE 5881 Real Estate Law and Ethics  
REE 5882 Land Use Planning and Project Design  
REE 5893 Real Estate Development Analysis Software  
REE 5885 Building Design & Construction Principles  
REE 5896 Real Estate Due Diligence  
REE 5898 Real Estate Development Strategy  

Additional Work:

Argus DCF Training
Argus Developer Training
Microsoft Project Pro Training
DProfiler Training

REE 5878     Real Estate Development Process: Part I  (3 cr.)

This course focuses on the initial stages of the real estate development process. Course materials, lectures, and cases provide a comprehensive examination of the nature and current state of the development process including market analysis, acquisitions, discounted cash flow analysis, financial feasibility, pro forma building, the use of debt and equity, site selection, due diligence, and interrelationships of the functional components of the process to each other.

REE 5887     Real Estate Investments  (3 cr.)

This course is an introduction to the fundamental concepts, principles, analytical methods and tools used for making real estate investment decisions. The course will focus primarily on income producing real estate, including commercial properties (office, retail, industrial) and apartment communities. One weekend session will be dedicated to development properties. The objective of this course is to develop an analytical framework by which students can make sound real estate investment decisions. The course examines the analysis of real estate investments from the point of view of investors and developers. Economic and financial concepts are applied to real estate analysis with the objective of building a solid foundation in the fundamentals of property analysis, valuation and deal structuring.

REE 5879     Real Estate Development Process: Part II  (3 cr.)

This course focuses on to the remaining stages of the real estate development process. Course materials, lectures, and cases provide a comprehensive examination of the nature and current state of the development process including advanced pro forma analysis, land development, land use regulation, dealing with the public sector and the community interests, planning and design, construction management, and the life cycle of projects.

REE 5890     Real Estate Accounting  (3 cr.)

This course introduces the unique features real estate transactions their structure, accounting, financial reporting and managerial level financial analysis techniques used for real estate transactions. The course presents real estate accounting from the real estate developer / investor perspective to make decisions about accounting methods for investment properties (commercial and residential), land development and construction projects. Utilizing generally accepted accounting principles, this course presents the foundation for real estate transactional accounting and the review of financial reports used in decision making for acquisition, development and construction; the holding, operating, and (possible) write-down of assets, and sales and transfers using the techniques, principles and practices for estimating fair value, as well as analysis of income and expense statements, balance sheets and credit information for underwriting tenants, leases and performing due diligence for acquisitions and sales. The course presents accounting principles, concept building and practical applications from lectures, discussions, case studies, article reviews and presentations by real estate professionals.

REE 5874     Real Estate Project Valuation Software  (1 cr.)

Students will be trained to use ARGUS Valuation DCF? software which is used by appraisers, brokers, developers, managers, investors, lenders and other real estate professionals to make better and more informed decisions. The software uses a lease by lease approach to building cash flows and valuations so that property models have greater precision and clarity.

REE 5892     Market & Feasibility Analysis for Real Estate  (2 cr.)

This course provides an introduction and knowledge of the functioning of various urban real estate markets, land development, residential single and multifamily, office, retail, industrial, and resort-recreational properties. Students are introduced to the use of research, techniques and quantitative methodologies for accurate measurement of demand for real estate products and specific projects. The course provides students with current approaches to performing sophisticated real estate market studies by acquainting them with standard practice modern market research methodologies and computerized market analysis packages for site and project-specific levels.

REE 5894     Real Estate Capital Markets  (3 cr.)

This course introduces the fundamental concepts, principles and practices of the public and private real estate capital markets, advanced concepts and analytical methods and tools essential to attract capital for real estate acquisitions, financing and portfolio investment. The course presents the foundation and frameworks of common sources and structures of capital (debt and equity) to make decisions about financial instruments and advanced negotiating considerations. The market roles of capital providers banks, insurance companies, private equity, hedge funds, governmental, institutional investors, securitized debt and equity including REITs, mortgage backed securities and traded investment funds are introduced, explained and analyzed.

REE 5880     Real Estate Finance  (3 cr.)

This course provides an introduction to real estate financing principles and practices. The class begins with an introduction to time value of money and discounted cash flow techniques. The course reviews the financing of income-producing properties and real estate construction and development projects. Sources of financing and financing techniques are presented along with mortgage underwriting and lending. The course concludes with an introduction to alternative financing methods, including joint ventures, private placements, and mezzanine structures.

REE 5884     Land Use Regulation  (3 cr.)

This course discusses the legal and regulatory requirements of the entitlement and development approval or permitting process. This includes discussion of laws pertaining to wetlands, endangered species, historical and archaeological sites, air and water quality, hazardous wastes and toxic substances, as well as the purpose, content, and use of environmental impact statements. Issues of Smart Growth and sustainable development are covered. Also covered is the impact on private property rights of land use regulation and growth management through developments of regional impact, comprehensive planning laws, adequate public facilities requirements, concurrency requirements, zoning, and impact fees and other exactions. The course emphasizes strategic thinking and creative approaches to navigating the labyrinth of federal, state, and local laws, rules, and regulations. Primary attention will be focused on growth management and development controls in Florida, but not to the exclusion of other states.

REE 5881     Real Estate Law and Ethics  (3 cr.)

This course focuses on the legal aspects of real estate development, including real and personal property, land, air, and water rights, forms of ownership of land, leases and landlord-tenant relationships, business organizations, purchase agreements and closing transactions, mortgages and other liens, transfer of title, legal instruments, and governmental regulation of real estate development. This course will examine ethical ramifications of Real Estate Development.

REE 5882     Land Use Planning and Project Design  (3 cr.)

This course examines the role of planning and design in the development process as the key stage between acquisition and permitting, and its importance in the overall real estate development process. This course is designed to facilitate an understanding of the importance of site planning and product design. Project planning and design combines art and science for arranging uses of parcels of land to achieve their highest and best operational character and profitability. These disciplines involve the efforts of architects, planners, designers, landscape architects, and others in a coordinated effort.

REE 5893     Real Estate Development Analysis Software  (2 cr.)

Students will be trained to use ARGUS? Developer which is an established real estate feasibility software program in use by thousands of owners, commercial developers, home builders, land developers, agents and financial institutions throughout the world. It combines feasibility with sensitivity analysis and a powerful discounted cash flow model that is a flexible, consistent and stable platform. Executive level views of single and multi-phased projects allow changes to be assessed instantly. The finance component provides for detailed debt and equity financing and advanced waterfall profits for precise deal structuring.

REE 5885     Building Design & Construction Principles  (3 cr.)

This course examines topics related to commercial construction materials and methods, green buildings, and project management for commercial investment real estate.

REE 5896     Real Estate Due Diligence  (3 cr.)

This course provides a foundation for how real estate practitioners analyze information to make informed property, asset and market analysis decisions for commercial investments. The course introduces the components, principles and standards of due diligence used and required by property owners, developers, investors and lenders when permitting, underwriting for acquisitions, dispositions and financing of real estate and building improvements.

REE 5898     Real Estate Development Strategy  (2 cr.)

This course introduces and applies the concept of strategy in real estate development. In this course the student creates a real estate development business proposal, concept or entrepreneurial idea and designs an individual research project based on a development strategy supported by market research and financial analysis to solve the student's proposal and demonstrates their knowledge and skills. The student's final product is an individual research paper and oral presentation.

Admission to the M.S. in Real Estate Development program is competitive and the number of students enrolled is limited to ensure that each student receives personal attention in small classes. Admission is selective and based on work experience and academic record. Work experience in real estate is preferred, but not essential.

The program considers motivation, work experience, professional activities and academic background. Applicants are encouraged to interview with the program director and visit the campus, if possible.

Students with varying backgrounds and undergraduate or graduate studies in finance, real estate, architecture, engineering, management, marketing, law, hospitality and business have successfully completed the Program. Most students have business or professional experience and have familiarity with the real estate industry.

Tuition and Fees

A detailed overview of M.S.R.E.D. tuition and fees can be found here.

Additional Fees and Costs

Books are not covered in the price of tuition.

Financial Support

The Huizenga College of Business offers several scholarships to admitted students. Visit our Scholarships Page for additional information. Additional real estate scholarships can be found in the scholarship section below. All admitted students are encouraged to immediately apply for Financial Aid regardless of need and other general scholarships available at the Huizenga College of Business. For questions regarding financial aid, contact NSU's Financial Aid Office.

Application Requirements

  • A conferred bachelor's degree from a regionally accredited U.S. institution or an equivalent degree for international applicants is required.
  • An overall undergraduate GPA of 3.10 or greater on a 4.00 scale as reflected on official, final transcripts from all undergraduate institutions attended will automatically be admitted. Applicants will automatically be admitted if their undergraduate GPA in the final 60 hours of their enrollment is a 3.10 or greater on a 4.00 scale.
  • For applicants who have earned less than a 3.10 cumulative undergraduate GPA or in the last 60 hours of their undergraduate program, a minimum GMAT (Graduate Management Admission Test) score of 540 or an equivalent GRE (Graduate Record Examination) score may be required.
  • Applicants that have earned a graduate degree from a regionally accredited institution with an overall GPA of a 3.10 or greater will be considered for admission.
  • Work experience will receive favorable consideration and may waive GMAT/GRE requirement for a GPA less than 3.10.
  • Two letters of recommendation from undergraduate faculty familiar with academic work or from employers knowledgeable with professional work experience are optional, but will strengthen your application.
  • An essay of at least 500 words related to career goals and how the M.S.R.E.D. Program is envisioned to further those goals is optional, but will strengthen your application.
  • Phone or in person interview with Director (or Associate Director) of Master of Science in Real Estate Development Program is optional, but will strengthen your application

Required Documentation

  1. Completed Master's Application for Admission and non-refundable $50 application fee.
  2. Official transcripts from all colleges and universities previously attended. The applicant's bachelor degree transcript must show degree conferral date in order to be evaluated for admission consideration. If graduate degree has been earned, the transcript must show degree conferral date in order to be evaluated for admission consideration. Electronic transcripts can be sent to electronictranscripts@nova.edu or by mail at:

    Nova Southeastern University
    Enrollment Processing Services (EPS)
    Attn: H. Wayne Huizenga College of Business and Entrepreneurship
    3301 College Avenue
    PO Box 299000
    Fort Lauderdale-Davie, Florida 33329-9905
  3. Other admission documentation may be required, please continue to read below.

International Applicants

To be considered for acceptance into the M.S.R.E.D. program, international applicants must fulfill additional admission criteria.

  1. Are references required?
    References are not required to be admitted to this program but can help strengthen ones application. If an applicant chooses to submit references they should submit two references from credible sources.
  2. What is considered to be "work experience?"
    Work experience means full time employment experiences, preferably in the real estate industry. Experience in finance, sales and marketing, construction, planning, design, development, or law is a plus. A minimum of two years prior work experience is highly desirable and will receive favorable consideration in application review to the M.S.R.E.D. program.
  3. Is the work experience required to be in the real estate industry?
    Not necessarily. Candidates admitted to the M.S.R.E.D. program come from a variety of professional backgrounds and disciplines. The M.S.R.E.D. curriculum is built upon several disciplines, and the scope and dynamic of classroom experience benefits from student diversity.
  4. How are interviews scheduled?
    Candidates will be notified by the Admissions Office when all application requirements other than the interview have been met. If selected for an interview, candidates will be given three specific dates from which to select an interview.
  5. What does the M.S.R.E.D. admissions process seek in an applicant?
    The application process is competitive and based on a thorough review of undergraduate preparation and performance, intellectual vitality, professional promise, work experience, and personal characteristics. Candidates from diverse backgrounds are sought whose past achievements demonstrate creative approaches to addressing professional challenges. Because real estate development is a collaborative and dynamic process, candidates are expected to be innovative and entrepreneurial thinkers.
  6. How do I know that my application has been received and I met all the application requirements?
    Applicants will be notified via email about the status of their application by the M.S.R.E.D. program in the weeks following the application deadline.
  7. Where are application materials such as letters of recommendation and transcripts to be sent?
    When mailing, please send all documents to:

    Nova Southeastern University
    Enrollment Processing Services (EPS)
    ATTN: H. Wayne Huizenga College of Business & Entrepreneurship
    3301 College Avenue
    P.O. Box 299000
    Fort Lauderdale, FL 33329-9905

Welcome to the M.S.R.E.D. Scholarships/Awards section. The purpose of this section is to inform prospective/current students of the various scholarships/awards that are available to them to help them financially to achieve their goals of obtaining an M.S.R.E.D. from Nova Southeastern University. The scholarships sections are broken down into three sections. Scholarships/Awards that are only available to M.S.R.E.D. students, Scholarships/Awards that are available to Huizenga College of Business & Entrepreneurship students and Real Estate Industry Scholarships/Awards that are available to students pursing a graduate degree in real estate.

* Please note that that these scholarships/awards have been compiled from various sources and in event that the source page conflicts with the M.S.R.E.D. Scholarship/Awards page the source page will take precedence with eligibility of the scholarship/Awards.

NSU M.S.R.E.D. Scholarships/Awards

Lori & Seth Wise/BBX Scholarship (BSWE)
Scholarship Amount: $1,000 one-time award
  • Must be a graduate student currently enrolled at the HSBE pursing an M.S.R.E.D. degree.
  • Graduate GPA of 3.0 on a 4.0 scale
  • Demonstration of financial need through FAFSA
  • Open to international student (FAFSA not application to international students)
  • Deadline is April 1st
Contact the ESS Scholarship Dept at 954-262-3380

HSBE Scholarships/Awards

NSU Alumni Tuition Award
Scholarship Amount: An award amount of $147.50 per credit from published tuition rates
  • Graduate students enrolled in business program at the HSBE
  • Completed Bachelor's degree at NSU
  • Begin master program at HSBE no later than one term after students completed final class for Bachelor's degree
  • At least one course every term for the duration of the Master degree
  • Maintain good academic standing in graduate program
  • Scholarship is awarded every term
  • Please submit information to your academic advisor
  • Open to international students
Contact Wendy Penha, Admissions & Corporate Relations Representative at penha@nova.edu

Graduate Business Student Tuition Award
Scholarship Amount: Up to $6,200 toward graduate tuition
  • Completed Scholarship Application
  • Scholarship will be awarded to first time enrolled HSBE graduate students only
  • Scholarship is based on a student's undergraduate performance. Student must have a cumulative GPA of a 3.25 or higher (on a 4.0) scale.
  • Submission of the 500 word essay describing how a graduate business degree will be an asset to you both personal and professional
  • GMAT or GRE preferred
  • Two(2) signed letters of recommendation (1) Personal or Professional and (1) Academic
Contact Wendy Penha, Admissions & Corporate Relations Representative at penha@nova.edu

Real Estate Industry Scholarship Awards

Decisions for these scholarships are made by committee run by each separate organization.

International Council of Shopping Centers (ICSC)
Charles Grossman Graduate Scholarship ($10,000)
Retail Real Estate Diversity Scholarship $2,500

Commercial Real Estate Women (CREW)
National CREW Network Foundation Scholarship $5,000
CREW- Miami Real Estate Scholarship $1,000-2,500

Pension Real Estate Association (PREA)
Graduate Student Awards totaling $20,000
Robert A Toigo Foundation totaling $10,000

Society of Industrial & Office Realtors
SIOR Scholarship $6,000

Florida Real Estate Commission Education & Research Scholarship
Graduate Scholarship $2,500

Global Diversity Summit
Graduate Scholarship $5,000

Appraisal Institute Education Trust (AIET)
AIET Graduate Scholarship $2,000
AIET Minorities and Women Education Scholarship $1,000

We have provided you an assortment of videos from the classroom, alumni, and case competitions so that you may have an idea of what it is like to be a student in the M.S.R.E.D. program.

2015 NAIOP Collegiate Challenge
  M.S.R.E.D. Alumnus Shawn Vann
2010 NAIOP Collegiate Challenge
  Real Estate Development Strategy
Real Estate Due Diligence
  Real Estate Law & Ethics
SIOR Florida Challenge Grant

Welcome from the Director

Welcome to NSU's M.S. in Real Estate Development program, a master's level degree offered by the H. Wayne Huizenga College of Business and Entrepreneurship.

Our Real Estate program offers an intensive immersion in the core knowledge and skills required for success and leadership in the real estate industry. The Program is focused on applied real-world learning using South Florida's dynamic urban markets in Miami, Ft. Lauderdale and Palm Beach as laboratories of product innovation, inventiveness in design, financing, sustainability and marketing.

NSU's M.S.R.E.D. graduates offer immediate added value to their current firms or those that hire them. The program's practical approach to learning delivers immediately applicable knowledge and skills. Learning based on real-world experiences, with faculty and advisors who are current leaders in the industry who do for their companies every day what they teach in the classroom or in the field. We offer mentorships from renowned industry leaders, networking with a well-organized real estate alumni association, strong connections and immediate immersion into industry organizations such as ULI, NAIOP, and ICSC.

Courses are taught in Fort Lauderdale and on project sites with their developers. Students are active members of ULI, NAIOP and ICSC where they attend a national ULI Fall Meeting and participate in ULI District Council events as well as NAIOP and ICSC programs. The program seeks to match students with value-added internships that enhance knowledge and skills with hands-on application.

We are committed to assisting students succeed in the industry. The program is structured to provide each student with an Executive Mentor for a one-on-one mentorship. Mentors are senior real estate executives who guide mentees with aspects of their personal and professional development.

NSU graduates typically find positions in real estate finance, investment, asset management, development, and consulting with private firms, institutions and government. The program actively seeks employers for student, graduate and alumni recruiting and communicates extensively about the availability of positions. The Alumni Association is also an invaluable network resource.

Graduates arrive at their companies ready and able to make immediate and meaningful contributions. They share an enthusiasm and understanding for the real estate industry based on their core knowledge and skills demanded by today's challenging markets. Their preparation for, and understanding of, the business makes them valuable additions to their organizations. They are the future real estate industry leaders.

We encourage you to learn more about the M.S. in Real Estate Development Program by contacting me or our admissions office to schedule a visit to meet our faculty and students or sit-in on our classes to see if our program is right for you.

Fred A. Forgey, Ph.D.


Meet Our Faculty

Fred Forgey Tracy Lautenschlager Steve Ginestra Mark Troen Matthew Rothstein Joge San Miguel Hogan Pic Thomas Wuerzer

The distinguishing aspect of NSU's M.S.R.E.D. faculty is that all courses are taught by practicing professionals who are leaders in their respective fields. Connecting theory with industry practice is the program's emphasis. Faculty use real-world case studies and projects to teach real estate principals and how to formulate solutions. Our faculty brings extensive industry experience and strong ties to the regional, national, and international real estate communities. Foundations and theory are applied in the classroom using "best practices" instruction that relates knowledge and skill development to immediately usable practical applications.

Click a faculty member to read a biography

Tracy H. Lautenschlager

Adjunct Professor

Tracy H. Lautenschlager practices in the areas of land use, environmental, airport and aviation and construction law. She represents a broad range of private developers in complex interactions with governmental entities, including obtaining entitlements for residential and commercial projects, platting, site plan approvals, land use plan amendments, vacations and abandonments and a variety of other contentious local permitting issues. She has 16 years of experience as an assistant county attorney, where she represented Broward County's regulatory and planning agencies in the areas of comprehensive planning, land use regulations, zoning, code enforcement and environmental enforcement, including litigation in those areas. She also represented the County's Aviation Department as construction counsel for its $600 million expansion program and handled a broad range of matters for the airports, including disputes with adjacent cities, airline lease negotiations, federal and state grant compliance issues, large consulting and construction contracts, an owner-controlled insurance program for construction projects and various tenant and consultant disputes.

Fred Forgey

Director of Real Estate Development Program


Dr. Fred Forgey currently serves as the Director for the Master of Science in Real Estate Development Program at Nova Southeastern University. He has directed similar programs at the University of Texas at Arlington and Texas A&M University. In addition, he has served on the faculty at the University of Auckland-New Zealand, University of Texas at Austin, and the University of North Texas. He has also served as the Professor of Real Estate for ORIX Capital Markets, LLC in Dallas, Texas.

His teaching interests have always incorporated a blend of public/private sector approaches to real estate development, finance, valuation, and investment. For the past ten years or so, he has led sustainability focused real estate study tours across the United States as well as Costa Rica, Australia, and New Zealand.

His research interests are currently focused on sustainability issues related to the built environment. In the past, his research interests have been primarily focused on governmental intervention and inefficiencies in real estate markets.

He has also acquired, renovated, managed, and sold a variety of commercial real estate properties.

Mathew Rothstein

Associate Director

As the Associate Director for the Master of Science in Real Estate Development at Nova Southeastern University, Matthew Rothstein oversees many aspects of this graduate level program. He is responsible for student recruitment, serving on the admissions committee, and providing concierge career advising to alumni and current M.S.R.E.D. students. He closely collaborates with the Director to ensure a high quality graduate program that is both relevant and competitive to increase students' marketability in today's evolving real estate market.

A native Floridian, Matthew has more than seven years of experience in the real estate industry, including default asset management, CMBS originations, and retail property management.

He holds a B.A. in Economics from University of Maryland College Park, and earned a Master's of Science in International Real Estate at Florida International University.

Steve Ginestra

Adjunct Professor

Steve Ginestra has practiced law exclusively in real estate matters in Broward County, Florida for 42 years. He has been Board Certified by the Florida Bar in the area of Real Estate Law since 1990. His practice has included the representation of institutional and private mortgage lenders, and of individual and corporate real estate developers and investors. He has concentrated on representing borrowers, primarily developers, in commercial acquisition, construction, and permanent mortgage loans, including negotiations, transactions, closings, modifications and workouts.

Steve Ginestra earned a BA degree from Vanderbilt University, majoring in business administration, and a JD degree with honors from Florida State University College of Law.

Jorge San Miguel

Adjunct Professor


Jorge San Miguel currently serves as President of The San Miguel Foundation, Inc., where he assumes full responsibility regarding this 501(c) (3) family foundation focusing on fundraising, investment and portfolio management; program selection, delivery and administration; as well as accounting and tax compliance. During his thirty year career Mr. San Miguel was Executive Vice President and Chief Information Officer of Florida East Coast Industries (FECNYSE), heading investment activities for this publicly traded holding company. Following acquisition of the Codina Group he spearheaded the company's strategic planning initiative, developed acquisition criteria, and identified and successfully executed a US $600 million reinvestment program.

As the Chief Financial Officer of Codina Group, Inc., he was responsible for all administrative functions of this leading South Florida based multi-disciplinary real estate development and operating company. There he led strategic initiatives that realigned corporate and support operations; enhanced the corporate IT platform; led contract renegotiations; asset acquisition and sales including extinguishment of debt and redemption of significant outside shareholding and negotiated and led the sale of the company to Florida East Coast Industries.

Mr. San Miguel earned his BS in Accounting/Finance and M.S. in Finance from Florida International University and is a Certified Public Accountant (CPA).

Courses Taught:

REE 5890 Real Estate Accounting  
REE 5894 Real Estate Capital Markets  
REE 5897 Real Estate Management  

Kevin Hogan

Adjunct Professor

Dr. Hogan is a finance and property development consultant residing in the Caribbean. He advises private developers and financial institutions on real estate investment and banking strategy including large-scale planned area development projects. He was previously employed in the United States by companies that trade credit/servicing intensive portfolios of mortgage-backed securities, auction luxury real estate, and advise clients on investment banking strategy.

Dr. Hogan holds a Ph.D. in urban planning and public policy from the School of Urban and Public Affairs at The University of Texas at Arlington. He earned his master's degree in real estate from the College of Business Administration and a certificate of asset repositioning and turnaround strategies from the College of Architecture at The University of Texas at Arlington. He also attended Southern Methodist University where he earned his bachelor's degree in markets and culture from Dedman College of Humanities and Sciences.

Mark Troen

Adjunct Professor

Mark Troen is a Senior Vice President and shareholder of Brookwood Group Inc., a nationwide boutique real estate development and services firm that builds transit-oriented, urban infill, and public-private projects. Until recently, he served as managing principal of Brookwood's affiliate, The Winnmark Group, whose strategic real estate services and development activities have been merged with Brookwood Group.

He has 30 years of real estate experience, having worked with investment banks, development companies, real estate firms, institutions and corporations. He has managed $10 Billion in transactions, achieving excellent returns on high-risk, turnaround and problem assets. He has sourced, negotiated, conceived, analyzed, planned, entitled, developed, completed and restructured mixed-use, retail, office, industrial, and residential projects nationwide and internationally, ranging in size from $5 Million to $1 Billion and up to 1,000,000 square feet and 3,000 acres.

Mr. Troen has an extensive history in the real estate development field, beginning his career at Security Pacific Realty Advisory Services. He subsequently worked for HSBC USA (Marine Midland Bank), The Weitzman Group, Monday Properties, Racebrook Capital Advisors, and most recently as Chief Operating Officer of Sheldon Good & Company, the real estate auction firm that conducted over 100 auctions and $375 Million in sales during his tenure.

Mr. Troen has a multi-disciplinary educational and professional background, with an MBA from the Wharton School and a Master of Architecture degree from the University of Pennsylvania. He graduated from Harvard College, AB cum laude, while majoring in economics.

Mr. Troen is active with the Urban Land Institute, the leading US based global real estate organization. He is also a Fellow of the Royal Institution of Chartered Surveyors, a member of the American Institute of Architects, and a Registered Architect. Mr. Troen holds Real Estate Broker's Licenses in New York, Florida, Maryland, and Connecticut.

Mr. Troen currently teaches graduate level real estate development, economics, and market analysis at New York University's Schack Institute of Real Estate and at the University of Miami School of Architecture.

Thomas Wuerzer

Adjunct Professor

Dr. Thomas Wuerzer holds a Ph.D. in Regional Development Planning from the University of Cincinnati and teaches the MSRED online course on Market & Feasibility Analysis (RE5892).

His background adds additional international and interdisciplinary value to the MSRED program. He is originally from South Germany and earned a Master’s degree in Geography from the University of Bayreuth as well as a Masters in Urban Affairs and Public Policy from the University of Delaware.

His in-depth background in Geographic Information Systems (GIS) with about 18 years of experiences bridges his work and research across disciplines. He was the first recipient of the prestigious 4 years CAGIS-Doctoral-Fellowship awarded by the Cincinnati Area GIS Consortium for which he developed customized and cutting-edge GIS and urban management solutions.

In applying fundamentals of geography, real estate, and planning, Wuerzer worked on projects regarding mixed-use development optimization, better wayfinding, presented novel approaches to measure economic impacts of parks and open spaces on properties, introduced market segmentation and penetration concepts for bike share systems planning, or created regional economic development strategies for the Hagerman Valley in Southern Idaho.

He advocates mixed-use developments in the urban and regional context when approached in balance to existing neighborhoods while being feasible to financing and developers' interests.

Currently, Dr. Wuerzer research focuses on wildfire and related hazards' impacts on natural and built environment as they apply to planning and real estate. His "hot" projects include the regional fire-prone areas in Idaho, wildfire risk perceptions, and a statewide initiative on public education and wildfire mitigation. When he is not thinking about spatial and market problems, he enjoys his spare time with family and outdoor activities.

National Industry Groups

The program believes the most effective way to understand and succeed in the real estate industry is to be immersed in its leading professional organizations. A Program requirement is for each student to be an active member of the Urban Land Institute (ULI), NAIOP (National Association of Industrial and Office Parks) and the International Council of Shopping Centers (ICSC). Being an active member of these organizations is a powerful learning method that strengthens knowledge and skills by providing professional forums and events for student participation and networking with industry leaders locally and nationally.

The large and very active local chapters of these professional organizations provide an immediate connection to grow professionally. As members, students receive substantially discounted dues and admission to events and conferences across the state and the nation.

Urban Land Institute

"Founded in 1936, the Institute has members in 95 countries worldwide, representing the entire spectrum of land use and real estate development disciplines working in private enterprise and public service. As the preeminent, multidisciplinary real estate forum, ULI facilitates an open exchange of ideas, information, and experience among local, national, and international industry leaders and policy makers dedicated to creating better places. Members say ULI provides information they can trust and is a place where leaders come to grow professionally and personally through sharing, mentoring, and problem solving. With pride, ULI members commit to the best in land use policy and practice."

National Association of Industrial and Office Properties

"NAIOP is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP provides unparalleled industry networking and education, and advocates for effective legislation on behalf of our members. NAIOP advances responsible, sustainable development that creates jobs and benefits the communities in which our members work and live."

International Council of Shopping Centers

"Founded in 1957, ICSC is the global trade association of the shopping center industry. Its 600 members in the U.S., Canada and more than 80 other countries include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world."


"Founded in 1989, CREW Network is the industry's premier business networking organization dedicated to supporting the achievements of women in commercial real estate. Over 8,000 members represent nearly every discipline within the industry and are located in 74 major markets across North America. CREW Network seeks to influence the success of the commercial real estate industry by focusing on fulfilling four key initiatives: business development, leadership development, industry research and career outreach."

US Green Building Council

"The USGBC is a nonprofit trade organization that promotes sustainability in how buildings are designed, built and operated. USGCB is best known for the development of LEED green building systems and Greenbuild, a green building conference and expos that promotes the green building industry. USGBC offers an array of education opportunities, including workshops and internet-based seminars to educate the public and industry professionals on different elements of the green building industry. Through its partnership with the Green Building Certification Institute, USGBC offers more industry professionals the change to develop expertise in the field of green building and to receive accreditation as LEED Green Associates or LEED APs with specialty."

M.S.R.E.D. Alumni Association

The NSU Real Estate Alumni Association began in 2010 as a small group of M.S.R.E.D. and M.B.A.+R.E. alumni and now numbers over 75 members nationally and internationally. The Alumni Association is an active group of graduates, students and dedicated professionals from across the industry. Members promote and deliver meaningful networking and growth opportunities for M.S.R.E.D. Program students and alumni. Open to membership and participation by all current and former students of the Real Estate Program, the Association is an essential career network forum for interaction and professional development.

A member driven organization, the Alumni Association has a seat on the M.S.R.E.D. Program Advisory Board, and works closely with faculty, the Board and graduates to maintain and grow connections with peers in the industry. The Association maintains on-line resources, including a membership directory and on-line communication tools to facilitate job leads and position graduates for careers in real estate.

2010 Program Party 2010 Program Party 2010 Program Party 2010 Program Party 2010 Program Party 2010 Program Party 2010 Program Party 2010 Program Party

Growing network connections within the industry begins at Program Orientation with an Alumni Association welcome reception for new students. The Association is committed to growing and strengthening the Program to serve its student and alumni members with career connections, job leads, links and introductions.

Alumni Testimonials

MS RED Alumna Walter Ojeda

"After working in the real estate banking industry for seven years, the M.S.R.E.D. Program helped me acquired better knowledge and financial skills to determine the feasibility of a project from concept to development. From developers, architects, bankers, brokers, attorneys, consultants, or general contractors, all of them share their point of view in a real estate transaction. After completing the program, not only will you be a savvy developer/investor, but you will meet important industry leaders that will be able to help you throughout your real estate career and achieve your goals in the field."
Walter Ojeda

MS RED Alumna Jessica Joly

"Nova's M.S.R.E.D. Program was beneficial to my development as a real estate professional. The Program offers not only academic advancement through course readings and lectures, but opportunities for real life experience through the field studies program, networking opportunities, and presentation critique by professors and members of the real estate community. Program courses are taught by current real estate professionals with experience in today's changing real estate Industry. Small class sizes result in greater personal involvement by professors and learning opportunities for thorough group discussions."
Jessica Joly

MS RED Alumna Ben Boies

"The M.S.R.E.D. Program at NSU has prepared me with an array of tools to use in analyzing the feasibility of real estate projects. In addition, the hands-on projects and field studies provided throughout the program increased my use of real estate terminology, as well as my comfort to interact on a professional level with highly skilled industry executives."
Ben Boies

Message from the Advisory Board Chair

As Chairman of both the Advisory Steering Committee and the National Advisory Board, I want to assure all past, current and future students that both boards are dedicated to the success of Nova Southeastern University's Master of Science in Real Estate Development Program.

Our Boards are comprised of successful, experienced professionals from all segments of the real estate industry. These dedicated members draw from their industry experience to provide the Program and its curriculum with overview and guidance. Students have exceptional opportunities to interact and network with board members in the classroom, at industry trade events, during field visits to various real estate projects and on an individual basis as part of the executive mentorship program.

We view the program as a special venue for the development of tomorrow's real estate industry leaders. Graduates clearly understand the personal ethics and professionalism required to become industry leaders. Whether selecting a road of entrepreneurship or a role as a corporate executive, NSU's M.S.R.E.D. program provides graduates with the essential tools and skills necessary to achieve life-long successes.


MS RED Advisory Board Member Joe Trella's signature

Anthony J. Trella

Advisory Board Description

NSU's M.S.R.E.D. Advisory Board is committed to advancing the university's real estate education programs and serve as active participants in students educational and career development. The Board is comprised and led by acclaimed national and regional real estate industry leaders who are dedicated to making the program one of the top tier graduate real estate degree programs. It advises the Huizenga College on the content and direction of its Real Estate Program, augments the curriculum content and provides career guidance that produces graduates fully and immediately capable of meeting a variety of professional and leadership roles.

The Advisory Board is comprised of two distinct sets of advisory members; the Statewide Advisory Board and the National Advisory Board. Although serving similar roles each board provides the program with distinctly different perspectives – one regional and the other national – to assist the program in attracting and serving students. Both advisory boards support the program with mentorships, real life experiences and access to jobs that successfully transition students to industry.

As industry leaders, board members present seminars discussing important current issues and innovative developments in their fields, as well as provide topical in-field case studies where students can learn and see a diversity of product types first-hand.

Board Members serve as year-long executive mentors to guide and assist students with career advice, help with networking, interviewing and job search skills. Both boards work to provide regional and national job placement assistance, with exceptional results.

Advisory Board Members

Advisory Steering Committee

* Also a member of the National Advisory Board

National Advisory Board

Chair Anthony J. Trella

Chair Anthony J. Trella

Owner & President

The Meranth Company

Anthony J. “Tony” Trella is Owner and President of The Meranth Company, a real estate development and investment advisory firm. He has a well-established, national reputation based on over thirty years of successful accomplishments in executive, marketing and financial management. Mr. Trella’s achievements were garnered as president/CEO of leading real estate organizations, where he directed 3,000 employees, development of 20,000 acres of land,over 10,000 residential lots, completion of 15 master planned communities, and other diverse development projects totaling more than $1 billion in sales and several hundred million dollars in profits.

His career highlights include serving as the Senior Real Estate Executive of American Capital Corporation, a large bank holding organization and master developer where he built out numerous projects, peaking at volumes of 400-500 housing units per year. As President, he opened the South Florida Division of Pulte Home Corporation, one of the largest homebuilding companies in the United States. Previously, he served 12 years as President/CEO of Mondex, Inc., a diversified Florida developer.

Mr. Trella’s professional affiliations include the Urban Land Institute as a Trustee, ULI Foundation Governor, the former Chairman of the Community Development Council (Green Flight), a District Council Counselor, and the former Chairman and current member of the South Florida/Caribbean District Council’s Executive Committee. He was a director/founder of the Foundation for Environmental and Economic Progress and the Developer-In-Residence for the University of Miami School of Law/Graduate Program in Real Property Development. Mr. Trella earned a BBA, Accounting from Pace University, and completed graduate studies at Adelphi University.

	Vice Chair Mark Peterson

Vice Chair Mark Peterson

Senior VP

SCM/Market Leader

Mark Peterson is a senior executive Bank of America. In his current role as SCM/Market Leader, he is responsible for driving revenue growth, asset quality and delivering the full range of financial services, credit as well as non-credit products and services for real estate developers. Mr. Peterson joined the bank in 1982 as an analyst in Fort Worth, Texas. He has been a client manager in the commercial real estate group since 1983 working out of the Fort Worth, San Antonio, Dallas, Washington, DC and South Florida offices. He spent over seven years in Fort Worth, Dallas and Washington, DC in the real estate special asset group. He has been based in Broward County since 1993.

Mr. Peterson serves on the Board of Directors of the Broward Alliance, Jack & Jill’s Children Center, Museum of Discovery and Science, and the Dean’s Advisory Council for Mailman Segal Institute at NOVA. In addition, he is Treasurer of the ULI SE Florida/Caribbean District Council.

	Terry Stiles

Terry Stiles

Chairman & CEO

Stiles Corporation

Terry Stiles is the Chairman and CEO of Stiles Corporation, a multi-faceted organization formed in 1951. Headquartered in his hometown of Fort Lauderdale, he has grown the full-service real estate company to one of the largest in the Southeast. With over 37 million square feet completed, Terry and his 300-person strong organization have garnered numerous awards for development and construction projects, including office, mixed-use residential, retail shopping centers, build-to-suit facilities, and master-planned, mixed-use corporate parks.

Well-respected by his peers within the industry, Terry has a history of being at the forefront of real estate trends, such as building the first master-planned corporate park in Broward County and the first speculative office building in an urban downtown area in the nation in five years. Stiles Corporation, with a presence in Miami, Tampa, Orlando and Fort Myers, FL, has over four million square feet in progress.

	Harry Posin

Harry Posin

Founder & President

Label & Co. Developments, Inc.

Harry Posin is the President of Label & Co. Developments, Inc. Prior to forming Label & Co. Developments, Inc., Mr. Posin served as Executive vice president and then President of Minto Communities, one of Florida’s largest private builders. He was also on the Canadian-based parent company’s Board of Directors. Mr. Posin’s vision has been responsible for the development and building of over 20,000 units in every imaginable residential format including large-scale master-planned communities, recreational/resort communities, high rise and rental. Prior to joining Minto, he was Senior Vice President at Goodkin Research, a leading real estate research firm where he provided market consultation services to developers, builders and lenders throughout America.

Mr. Posin is an insightful industry leader with a lengthy record of successful projects over the past 35 years. He is on the Executive Committee of ULI.S.E. Florida/Caribbean Council, the Advisory Board of Real Estate MS program at Nova and is a frequent guest lecturer at industry panels and universities. He holds a degree in Construction Management from Pratt Institute.

Jessica E. Joly

Jessica E. Joly

Development Manager


Jessica Joly is a Development Manager for Stiles Corporation, where she serves as owner representative for commercial real estate development projects. Her responsibilities include coordinating project planning, due diligence and financial feasibility analysis, working with design professionals on architectural and engineering design, as well as obtaining all governmental approvals and permits, hiring and administering the construction contractor, and coordinating leasing each project.

Prior to joining Stiles, Jessica worked in owner relations at two South Florida hotel condominiums, where she managed room, lobby, and restaurant renovation projects, and in condominium sales representing developers in apartment conversions.

Jessica holds a Master's degree in Real Estate Development, where she graduated Alpha Sigma Gamma. She holds Bachelor's degrees from the University of New Orleans in Marketing and Business Administration.

Jessica serves as Chair of the Broward Young Leaders Group for the Urban Land Institute's Southeast Florida Region, as a member of the NSU MSRED Advisory Board, and on the NSU MSRED Alumni Association Board.

	Debbie Orshefsky

Debbie Orshefsky


Greenberg Traurig

Debbie M. Orshefsky is a shareholder in the Fort Lauderdale office of the international law firm Greenberg Traurig and is Chair of the firm's National Land Development Practice Group. Her practice is exclusively in the areas of land development and environmental law. Ms. Orshefsky began her career in Washington, D.C. representing developers and local governments before federal administrative agencies in the late 1970s. Upon relocating to Florida in 1980, Ms. Orshefsky gained an intimate knowledge of the land use planning process representing private developers and governmental agencies as special counsel.

Ms. Orshefsky's focus in land development and environmental law has given her broad experience in comprehensive planning, zoning, subdivision controls, community redevelopment, infrastructure planning and financing, as well as state, regional and local roles in land use decision-making.

Mike Rosen

Mike Rosen

Senior VP

Collier Enterprises

Mike Rosen has been in South Florida’s real estate industry for the thirty-five years. He is Senior Vice President of Collier Enterprises. His current project is planning and designing a 3,800 acre new town in eastern Collier County called Town of Big Cypress.

Previously, Mr. Rosen was Vice President and Business Unit Manager for DiVosta Homes (subsidiary of Pulte Homes) for fourteen years in Collier County, and started DiVosta operations in Sarasota County. On Florida’s east coast, Mike was Vice President of Land Development for PGA National, a 2,500 acre master planned golf oriented community in Palm Beach Gardens as well as Vice President and General Manger for Martin Downs, another 2,500 acre master planned golf community in Stuart, Florida. Mike began his real estate career in the West Palm Beach area in general contracting, managing high rise condominium construction and other commercial constructions projects.

Mr. Rosen is active in the local ULI Southwest Florida chapter and has been with the CBIA for 17 years serving as Chairman of the Governmental Affairs Committee; Chairman of the Political Action Committee and Chair of the Developers Council.

	Ken Wurtenberger

Ken Wurtenberger


Kopelowitz, Ostrow, Ferguson, Weiselberg and Keech

Ken Wurtenberger is an attorney at Kopelowitz, Ostrow, Ferguson, Weiselberg and Keech where his practice includes real estate acquisition and development, banking and finance and business law. During his career, he has been in-house counsel for the development of a 1,250 acre residential development, has represented developers in the acquisition, planning, construction and sale of single family home developments, shopping centers, apartment complexes and office buildings and national companies in leasing. In addition, Mr. Wurtenberger currently represents local and national lenders.

Mr. Wurtenberger has been recognized as one of the top real estate lawyers in Florida by “Super Lawyers” and is recognized as one of the top 25 producing agents for Attorney’s Title Insurance Company. He received the honor of the “Dealmaker of the Year” from the South Florida Daily Business Review.

Mr. Wurtenberger is AV rated by Martindale-Hubbell. He attended Syracuse University, Brooklyn Law School and New York University Law School. He is admitted to the Florida and New York Bars.

	Patricia Werhahn

Patricia Werhahn

Leasing Executive

Weingarten Realty

Ms. Werhahn is the CEO of RedSteel Properties, a real estate investment company which owns and operates approximately 300,000 sf of office and retail. She was born and raised in Switzerland. She began her career working two years in Shanghai, China for Zwilling J.A. Henckels International.

After obtaining an MBA from the Wharton School, she joined Weingarten Realty as a Leasing Executive where she was responsible for leasing 12 shopping centers consisting of approximately 2 million square feet. Ms. Werhahn consistently ranked among Weingarten's top 10 producers, generating over $1.2 million of annual revenue.

Ms. Werhahn serves in numerous leadership roles including Board Member of NAWMBA's South Florida Chapter (National Association of Women MBAs), Executive Board Member of the Wharton Club of South Florida and as Community Service Chair for CREW Fort Lauderdale/Palm Beach.

	Gloria Fernandez

Gloria Fernandez

Managing Director-Asset Management

Ross Realty Investments

Gloria Fernandez is Managing Director of Asset Management for Elion Partners, a real estate investment firm headquartered in Aventura, Florida that has a proven track record of acquiring and developing quality commercial properties. Elion provides real estate equity for best-in-class developers and experienced operators in various strategic markets throughout the United States. Gloria is in charge of Elion's asset management activities and administers strategies to enhance yields and reduce risks. Her responsibilities include overseeing all aspects of the management process for the Elion portfolio, including coordinating with the acquisitions group to qualify assets, executing asset performance plans and managing the leasing and property management teams.

Previously, Gloria served as Senior Vice President of Acquisitions and Finance at Ross Realty Investments, a South Florida based commercial real estate developer and owner. In that role, she was active in the management, acquisitions, financial and development operations of the company. She represented ownership interests before municipalities and community organizations. Prior to joining Ross Realty Investments, she worked for Swerdlow Real Estate Group in a financial capacity. During her tenure, she was part of the team that established a private Real Estate Investment Trust (REIT) and was responsible for financial projections and asset performance for a large retail portfolio.

Gloria earned a Master of Business Administration (MBA) degree from the University of Miami and is currently a Trustee of Broward College, a member of the Real Estate Advisory Board for Nova Southeastern University and immediate past chair for Chaminade-Madonna College Preparatory School. She is a member of various professional organizations including the International Council of Shopping Centers (ICSC) and is licensed by the State of Florida as a Broker Associate

	Jesse Holshouser

Jesse Holshouser


Silver Companies

Jesse Holshouser serves as the Chief Financial Officer (CFO) of Silver Capital, a diversified national real estate investment and development firm focused on private equity, finance and investment for commercial and residential projects including multifamily rental, retail, office, hotels and net leased properties. He is a thirty year career executive in corporate and real estate finance, investment and development with national and international experience in deal structuring, financial modeling, strategic planning and risk management.

Mr. Holshouser has served in senior executive and Chief Financial Officer positions with the Professional Golfers Association (PGA), Jack Nicklaus Companies, and Price Waterhouse, Coopers among others. He has successfully raised hundreds of millions of dollars in private equity and structured and closed over a billion dollars in financed transactions. As Chief Financial Officer, Mr. Holshouser has led organizations with annual operating budgets exceeding $150 million, managed the ownership of extensive real estate holdings, licensing and merchandising and financial services for an internationally branded professional association’s private companies.

Mr. Holshouser holds the distinguished professional designations of Certified Management Accountant (CMA) and Certified Financial Manager (CFM). He is frequently featured in local, state and national publications on finance and real estate development and investment matters. He holds a BA from Florida Atlantic University in Business with a concentration in Real Estate, an MBA with distinction, from the University of Michigan and is preparing his doctoral dissertation on Investor Reaction of REIT Diversification.

Gene Berman

Gene Berman

Senior VP & Managing Director

Marcus & Millichap Real Estate Investment Services

Gene Berman is a senior vice president and managing director of Marcus & Millichap Real Estate Investment Services. He serves as a group managing director, overseeing the firm’s 20 offices in the Northeast, Southeast and Texas.

Mr. Berman began his career with Marcus & Millichap in 1982 as an agent in the Encino office. He earned numerous sales achievement awards and was promoted to senior investment associate in 1987. In 1997 Mr. Berman was appointed Vice President Regional Manager and led the opening of Marcus & Millichap Fort Lauderdale office. He was named a first vice president in 2001, promoted to senior vice president took place in 2002, and was elected a managing director in 2005.

Under Mr. Berman’s leadership Marcus & Millichap established a presence in Florida becoming a top 10-producing office within five years, a top 5-producing office within seven years and the firm’s top office within nine years. Mr. Berman was recognized in 2001 as the firm’s Regional Manager of the Year, an honor based on superior commitment, agent support and results.

Mr. Berman received his BA from the University of Southern California and his JD from Southwestern University School of Law in Los Angeles.

	Jorge Garcia

Jorge Garcia


Garcia Stromberg

Jorge H. Garcia, AIA, is the president of Garcia Stromberg, an international architectural design firm based in Boca Raton, Florida. A licensed architect in 14 states, Mr. Garcia has earned a national and international reputation for creating innovative facilities including hotels and resorts, commercial, institutional, mixed-use developments and residential projects. He has been the driving force behind Garcia Stromberg’s growth and development since he founded the firm over 20 years ago.

Mr. Garcia’s primary focuses are corporate leadership, design vision, collaboration and growth development for the firm’s philosophical ideals. As a leader and as a visionary, he is a sought after authority on the realities and challenges clients face in the planning, approval and entitlement processes found in today's environment. He holds a BARCH degree with honors from the University of Miami.

	Mitch Hutchcraft

Mitch Hutchcraft

VP of Real Estate

King Ranch and Consolidated Citrus, LP

Mr. Hutchcraft is Vice President of Real Estate for the King Ranch and Consolidated Citrus Corporation where he is responsible for adding long-term value through positioning, development approval, environmental stewardship, land acquisition and disposition of non-performing assets. In that role he manages all regulatory, entitlement, and strategic planning activities for the two firms' real estate assets.

In his twenty years of experience he has worked in the public and private sectors and is an expert witness for regulatory and judicial bodies in Florida. His experience includes management of multiple disciplinary teams including engineering, transportation, planning and environmental permitting services for both public and private clients. He has significant experience in the areas of land acquisition, environmental permitting, entitlements, DRIs, zoning approvals, property development, site design, landscape architecture and project management.

Mr. Hutchcraft earned a BA and a Master of Urban and Regional Planning Certificate at the University of Florida. He holds professional memberships in the American Society of Landscape Architecture, American Planning Association, Florida Planning and Zoning Association, and the Urban Land Institute.

	Michael Fields

Michael Fields


Huizenga School of Business and Entrepreneurship

D. Michael Fields, Ph.D., Dean of the H. Wayne Huizenga School of Business and Entrepreneurship, has an extensive background as a marketer to complement his academic and managerial credentials. Dean Fields has extensive professional experience in the areas of management and operations in the supermarket, food and retail industries.

With the belief that business schools should be tied closely to industry, Fields established the Huizenga Sales Institute, with an exclusive collaboration with Sandler Training. Sandler has been ranked #1 for training programs in Entrepreneur Magazine’s “Franchise 500” nine times since 1994—most recently in 2010, and the Sales Institute was just ranked a “Top University for Sales Education” by the Sales Education Foundation. The Huizenga Business School boasts quality, differentiated and innovative programs, such as the Sales and Sales Management Programs and the recent revision of the MBA program to include a wide range of concentration options, each one designed to allow students to provide employers with immediate value and meet industry demands for highly qualified professionals.

Prior to joining the Huizenga Business School in August 2010, Fields served as dean of the College of Business Administration at Central Michigan University. Previously, he was a member of the faculty at Missouri State University’s College of Business Administration and served as associate dean and director of the M.B.A. program. He was also a faculty member at the University of North Carolina, Charlotte.

	Michael Maxwell

Michael Maxwell

Managing Partner

MAXWELL + Partners, LLC

Mr. Maxwell is the Interim Director of the Master of Real Estate Program and the Managing Partner of MAXWELL+Partners, LLC. Nationally recognized for achievements as a developer and workout specialist, he has over 30 years' experience acquiring and developing nearly $1 billion in real estate assets, primarily in Florida and the Caribbean.

Mr. Maxwell and his firm specialize in regenerative urban infill development and offer national / international advisory services for work-outs, restructurings, strategy and visioning. He has won numerous awards for innovative project solutions including a logistics business park, adaption of historic properties and medical centers.

As MSRED Director Maxwell leads a renowned master’s degree program with faculty comprised of successful industry professionals and leaders who combine a cutting edge curriculum with practical tools and applications required to thrive in a challenging marketplace. In 2010 his student team won the 1st Annual South Florida NAIOP College Challenge He earned a BA from the University of Texas, and a Master of Planning from the University of Virginia.

Craig S. Perry

Craig S. Perry


Perry Ventures

2013-Present President and founder of Perry Ventures a diversified real estate investment company specializing in land and income producing assets.

1993-2013 President and founder of Centerline Homes, Inc. Centerline Homes' initial focus was on single-family residential properties. This was the core strategy until 1995, where the focus shifted to high profile residential locations, custom home building and commercial development. Under Perry's direction, Centerline has become one of the premier land development and construction companies in the south eastern United States. With its status of a top 100 Home Builder and over 5,000 units completed, managed a sale to Standard Pacific in June 2013.

1990-1993 President and founder of Carifone Cellular, a cellular phone rental company. He managed this start-up company through its early stages and growth in a national organization. In May 1992 he managed the sale of the company to a public telecommunications company and coordinated the post-sale transition.

1988-1991 Controller of GL Homes in Ft. Lauderdale, Florida. He was responsible for supervising a team in charge of fifteen corporate entities and their financial statements, consolidations, cash flow, soft and hard cost budgeting and forecasting. He served as a key person in the development of a cost control system, computer network and construction department. He also coordinated land acquisition, development issues, legal matters, loan closings, bank relationships and insurance.

1986-1988 Staff Auditor for Peat Marwick Main & Company in Miami, Florida, where he served in various assignments with increasing responsibility.

1986 Graduated with a Bachelor of Science degree in accounting and finance from Florida State University and became a Certified Public Accountant that same year.

Matt Bloomfield

Matt Bloomfield

Rotating Alumni Board Member

Matthew Bloomfield serves as a Development Associate with Menin Development in Palm Beach, Florida. At Menin since 2007, he has been responsible for the successful disposition of $47mm in assets; the negotiation of over 350,000 sq. ft. of leases; and the management of 1.6mm sq. ft. commercial space. He is currently engaged in the ongoing redevelopment of a former regional mall in South Carolina and the redevelopment of two shopping centers in South Florida. Prior to joining Menin, Mr. Bloomfield was an associate with Capmark Finance and ING Investment Management, financing over $1.4 billion of commercial real estate assets, and was also a construction management team member for Tishman Speyer Properties in New York City.

Mr. Bloomfield holds a B.S. in Real Estate and Finance from Florida State University and an M.B.A. in Real Estate Development from the H. Wayne Huizenga School of Business, Nova Southeastern University. He currently serves as Vice Chair of the Nova Real Estate Alumni Association and was awarded the 2010 Real Estate Alumni Leadership Award. Mr. Bloomfield has also served as Co-Chair for the Urban Land Institute’s Young Leaders Group since 2007. ULI recognized his contributions in 2011 as one of three finalists for ULI Young Leader of the Year award in South Florida.

	Richard Tommer

Richard Tommer

Rotating Alumni Board Member

Merrie Frankel

Merrie Frankel

Senior Credit Officer/VP

Moody's Investory Services

Merrie Frankel is a Senior Credit Officer / Vice President in the Commercial Real Estate Finance Group at Moody’s Investor Services, the global rating agency where she is responsible for rating real estate investment trusts (REITS) and real estate operating companies (REOCs) in the United States and Canada. Ms. Frankel has extensive experience in real estate portfolio management, commercial real estate and mortgage transactions, real estate law and strategic consulting.

Prior to joining Moody’s, Ms. Frankel was a Senior Vice President and Director of Portfolio Management for the Argo funds, a $1.5 billion real estate opportunity fund. Previously, she held positions in the commercial real estate industry, including Senior Manager at Ernst & Young Kenneth Leventhal Real Estate Group; Director in the Financial Services Group at Cushman Wakefield Inc., JP Morgan Securities Inc., and a real estate investment banker and senior tax attorney at Solomon Brothers Inc.

Ms. Frankel is active in the Urban Land Institute, recently Chairing the Governance Committee of the NY District Council. She is an adjunct professor at New York University’s Schack Institute of Real Estate and at Columbia University School of Architecture and Planning where she teaches graduate level Capital Markets courses.

Ms. Frankel earned a B.A. in English from the University of Pennsylvania and holds J.D. and M.B.A. degrees from Hofstra University School of Law and Graduate School of Business.

Teri Frankiewicz

Teri Frankiewicz

Vice President

Crown Community Development

Teri Frankiewicz is a real estate developer with over 25 years' experience creating large scale master plan communities from land acquisition and entitlement to overall project management, homebuilding and golf course management.

For the past 17 years Ms. Frankiewicz has worked as a Vice President for Crown Community Development, analyzing and facilitating property acquisitions and development in the Chicago, Florida and Arizona markets. Recent projects she has led include the 400 acre Bardmoor/Bayou Club in Largo, Florida, the 2,000 acre Seven Oaks community and the 1,000 acre WaterGrass community in Pasco County, Florida, and the Sereno Canyon Community in Scottsdale, Arizona. Ms. Frankiewicz is currently involved with four new communities in the Chicagoland area totaling over 3,000 acres and 5,000 residential units. In addition to her land acquisition and entitlement responsibilities throughout the US, she leads the master planning and entitlement efforts for a 6,800 acre agricultural Crown family partnership in Tucson, Arizona.

She is the immediate Past-District Council Chair for the Urban Land Institute in Chicago, leading the Governance Committee and shaping the strategic business plan for the organization. Ms. Frankiewicz also serves as a National Urban Land Institute Trustee and is part of the leadership team for ULI’s Community Development Council, Silver. She is also a member of the National Homebuilders Association.

Lewis M. Goodkin

Lewis M. Goodkin

President and CEO

Goodkin Consulting

Lewis M. Goodkin, CRE, FRICS, MIRM, is President and Chief Executive Officer of Goodkin Consulting, widely recognized as one of the leading consultants in the real estate industry. For over 40 years Mr. Goodkin has directed more research on large-scale planned communities, golf resort communities, condominium communities and residential resorts than any other market analyst in the United States. Prior to founding his firm, Mr. Goodkin was President of the California based Sanford R. Goodkin Research Corporation where he was responsible for the direction, research and planning activities for the firm’s 34 professionals conducting major assignments for U.S. merchant builders.

Mr. Goodkin lectures frequently on urban land economics, real estate investment, development and marketing. He serves on the Real Estate Advisory Board of the University of Florida and the Advisory Board of the School of Design at the University of Florida. Mr. Goodkin is Past Chairman of the South Florida-Caribbean District Council of the Urban Land Institute a Past Chairman of the South Florida-Caribbean Chapter of the American Society of Real Estate Counselors (CRE). He co-founded and co-chaired the South Florida Chapter of the National Association of Business Economics. He is a designated member of the Institute of Residential Marketing (MIRM) and Lambda Alpha International (an honorary land economics society). He is a member of the South Florida Economic Society and the American Association of Business Economists and serves as co-chairman of the University of Florida’s annual Economic and Development Symposium. Mr. Goodkin wrote the first book on mergers, acquisitions and joint-ventures in real estate. He is a graduate of Temple University.

Jim Motta

Jim Motta

President and CEO

Motta Group

Jim Motta is President and CEO of Motta Group, a full-service real estate firm with 30 years’ experience with headquarters in Fort Lauderdale.

Previously, Mr. Motta was President of Starwood Land Company, the residential and resort development arm of Starwood Capital Group, a privately held investment management firm. Motta oversaw the development of Starwood’s residential and resort projects throughout the Eastern United States and the Caribbean. Prior to Starwood, he served as President and Chief Executive Officer for Arvida/St. Joe Company. His community development experience accomplished the entitlement and launching of 16 new communities throughout Florida.

Motta is a graduate of the University of Florida. He is a licensed Florida General Contractor and real estate broker. He is an active member of the Urban Land Institute (ULI), serving on its Recreational Development Council and on the Executive Board of ULI’s Southeast and Caribbean Council. He is also a member of the University of Florida Real Estate Advisory Board.

Fred Forgey

Fred Forgey

Director of Real Estate Development Program

Dr. Fred Forgey currently serves as the Director for the Master of Science in Real Estate Development Program at Nova Southeastern University. He has directed similar programs at the University of Texas at Arlington and Texas A&M University. In addition, he has served on the faculty at the University of Auckland-New Zealand, University of Texas at Austin, and the University of North Texas. He has also served as the Professor of Real Estate for ORIX Capital Markets, LLC in Dallas, Texas.

His teaching interests have always incorporated a blend of public/private sector approaches to real estate development, finance, valuation, and investment. For the past ten years or so, he has led sustainability focused real estate study tours across the United States as well as Costa Rica, Australia, and New Zealand.

His research interests are currently focused on sustainability issues related to the built environment. In the past, his research interests have been primarily focused on governmental intervention and inefficiencies in real estate markets.

He has also acquired, renovated, managed, and sold a variety of commercial real estate properties.

Kona A. Gray, PLA, ASLA

Kona A. Gray, PLA, ASLA



As a Principal with over 22 years of experience, Kona Gray has been involved in many planning and landscape architectural projects, ranging from large-scale master planning to detail site design with emphasis on hotels/resorts, government, healthcare and campus planning since he joined EDSA in 1997. Blending sensitivity and context with a passion for creative design solutions is paramount to his approach. Kona has a keen ability to take a client’s vision and long range views and create programs with purpose, priorities and physical presence. He consistently takes into consideration such factors as site heritage, history, community interface, implementation strategies and each properties unique cultural, physical and environmental characteristic.

John N. Ropes

John N. Ropes


Ropes Associates, Inc.

John Ropes is the founder and president of Ropes Associates, Inc., a leading executive search firm. He is recognized as America’s foremost expert in the recruitment and selection of senior management for developers of resort communities and large scale, master planned communities, as well as other developers and land owners in the field of real estate. Established in 1975, the firm is headquartered in Fort Lauderdale, Florida, and his clients are located worldwide. Clients have included companies such as, Arvida, DMB, Kapalua, Disney Development, Kiawah, Hualalai, Peninsula Papagayo, and Crescent Resources.

Eric D. Swanson

Eric D. Swanson

Director of Real Estate Investment

Odebrecht USA

Eric D. Swanson is Director of Real Estate Investment with Odebrecht USA. Odebrecht (www.odebrecht.com) partners with clients to build infrastructure for communities around the world, their strength drawn from an entrepreneurial culture based on the spirit of service – delivering solutions that allow both client and community to grow and thrive. Mr. Swanson is actively engaged to develop the partnerships necessary to develop large scale projects in Odebrecht markets in the USA.

An over 30-year commercial real estate industry veteran, Mr. Swanson has held executive positions with Florida East Coast Industries, the Broe Group, LandBank Group and Codina Group. He has worked with tremendous people on a wide range of multifaceted projects, including office, industrial, land development and mixed use projects around the country.

Active in industry and business organizations, Mr. Swanson is currently chair of the ULI Florida Statewide Summit, past chair of ULI SE Florida/Caribbean District Council, a Trustee for ULI, Vice-Chair for District Councils for ULI International, past president of NAIOP of South Florida, and a member of the Advisory Board for Nova Southeast University’s Graduate Real Estate Program.

Glen Mowatt

Glen Mowatt

Director of Acquisitions

TMSA Florida Real Estate

Glen Mowatt is the director of acquisitions for TMSA Florida Real Estate, a real estate private equity fund based in Montreal, Canada. In this role, Mr. Mowatt is responsible for sourcing and evaluating new real estate opportunities in Florida, market research analyses, investment underwriting, performing due diligence and assisting in the asset management of the company’s portfolio.

Prior to joining TMSA, Mr. Mowatt worked as a senior analyst at Integra Realty Resources-Miami/Palm Beach. In this role Mr. Mowatt gathered data pertinent to the various engagements including, but not limited to, researching industry surveys and analyzing economic and demographic trends. Other responsibilities involved conducting feasibility analyses and providing litigation support for a variety of clients and property types.

Mr. Mowatt has earned a Bachelors Degree in Real Estate from Florida State University and a Masters Degree in Real Estate Development from Nova Southeastern University. He is a member of the Urban Land Institute (ULI) and also a member of the Economic Roundtable for the Miami-Dade Beacon Council.

M.S. in Real Estate Development News

Real Estate Masters of Science - Study Tour 2014

When studying Real Estate Development at Nova Southeastern, students have been given the opportunity to meet with many industry professionals to include a study tour abroad. This year (Fall-2014) the tour encompassed a cruise aboard Carnival Cruise Line- Freedom, in the Western Caribbean that boarded off the coast of Ft. Lauderdale, FL. and visited Key West, FL, Grand Cayman, Cayman Islands, and Cozumel, Mexico. It also included a general tour of the ships exhibiting sustainability efforts and their responsibility to comply with regulations at each port. The study tour aimed to expose students to sustainable development, environmental ethic and practices as they relate to real estate development. Individually, locations had their own approach or contribution to the fabric of their social awareness of sustainability and economic growth. Both of which play an important factor in the eyes of investors who seek out these locations to "park" their moneys.

Key West Tour

Key West

The first destination in Key West was to its historic town hall where their sustainability coordinator presented innovative solutions to an out dated comprehensive plan over 10 years old. The new measures being put into place green initiatives that educated the community, aided in the preservation of natural resources and directed the growth of its community in a sustainable way. It may seem like the norm in our local communities to see green initiatives in form of regulations but Key West has a particular need for these efforts in order to do day to day things. Because of their dependence of the mainland (FL), Key West has to budget their water consumptions and to draw from reserves incurs a higher cost. The water they have access to is caped at a certain point and to sustain any more development that would require an increased water demand would require the developer to allocate their own resources.

Key West Tour

Historically, water infrastructure was not as developed as it is today and those who owned land also had to be self-sufficient in this aspect. They capture water in cisterns that in fact still are in use today. This was true on the tour of a cistern used for irrigation at Casa Marina, A Waldorf Astoria Resort. The hotel's Chief Engineer was kind enough to open the doors to his operation of the water cistern and its treatment process. It had only one point of entrance after being closed off by the expansion of the hotel. Although they have access to public water, this system provided water for irrigation as well as for fire sprinkler reserves.

Key developers tried to create master plans once the military had decided to leave the space they had occupied. The vision for a sense of place was carried out through standards for construction in the smallest of details that are evident today. Walking the streets of Key West would leave this study tour with a deep respect for preservation, sustainability, and a duty to re-develop spaces into something for everyone to enjoy.

Grand Cayman, Cayman Islands

Cayman Islands Tour

For a small Island such as Grand Cayman, there are many regulations to comply with as a developer. Interestingly enough, the Environmental Agency had a contrasting opinion to this concept. They felt that little importance was given to the ecology and sustainability efforts. These standards were not required for development.

After sitting down with Joseph Imparato, a long-established real estate developer in Grand Cayman, it was clear that despite the encouraged development, neighborhood oppositions had put one major project to rest. Mr. Imparato had elaborate plans for the development of a port that would stimulate the economy but it never went beyond planning stages. To his benefit, a renowned heart surgeon form India proposed to bring in a hospital on that very same land the port would have occupied. Displayed in the conference room where we met with Mr. Imparato were several site plans. One of these was of the "medical truism" — Health City, it is now underway with its hospital in place, also a site destination on the tour.

Cayman Islands Tour

Currently, not too many developers could be named on the island. In the case of the Caymana Plaza, a strong hand dominated tenants to move from downtown into this new development almost drying out downtown from its livelihood. Such practices are common and may be the difference between a successful project and a failure.

Cozumel, Mexico

Cozumel Tour

Students teaching students; local students took the time to meet with the study tour to tell a little about what their University had published regarding the environmental tourism preservation initiatives. In Cozumel, environmental tourism preservation is a topic worth studying all on its own because tourism is the greatest driver of their economy. The intent of this visit to the University was to interview Dr. Alberto Gonzales who has published many studies on the sustainability of tourism on the island. Unfortunately he was not available because there were many conferences for sustainability taking place and collaborative studies were being arranged with sister universities. The students on campus had no problem speaking with us on the importance of the program. They informed use that being environmentally friendly was becoming a norm in Cozumel. Recycling was second nature and many loved to commute on bicycles.

Cozumel Tour

Environmental responsibility was in fact a norm all around, but not by default. It was the Iberostar Resort Hotel that first achieved Green Globe standards and had taken on the role to impart knowledge to the locals. Besides the common practices that are found in hotels (such as the re-use of towels and recycling of organic, non-organic and different plastics), the resort is self-sufficient in supplying their own water. All water consumed one way went out the other and was all treated on site.

Carnival Cruise Line - Freedom

As important as the ports were and their effect on the local economic growth, cruise ships are also sustainable developments of their own. They too have regulations to comply with, each port required different sustainability practices. Nothing is over looked, from separation of recyclables to the disposal of treated gray water. Every effort is made to minimize waste. No clean energy is captured on the ship but engine power is reduced when feasible to conserve fuel. Unlike development on land, the ship did not have much of a focus on monetary gains from recycling, the practice is a requirement of international waters. None the less, development along the port for ships such as Carnival Freedom, benefit from the collaboration of its crew, guests aboard the ship, and local governance.

A Valuable Experience

Study Tour

At the Keys, historic preservation was highly desirable by the locals, meanwhile their comprehensive development plan grown out of necessity. The Cayman Islands, has an environmental agency that feels they have little influence on development. Their political stands of low priority for preservation results in a higher focus on development. Cayman locals have a perception that more development translates to more jobs. Lastly, there was Cozumel, a small island off the coast of Mexico whose economy strongly relays on tourism and is small enough that a resort, such as Iberostar Resort, actually teaches the locals how to be environmentally sound because after all, they do live off of the natural resources that attract tourist from all over the world. The one thing that all of these sites have in common are their ports. Because of this, learning about Carnivals' efforts to comply with various port regulation was a key component to understand. Collectively, the visits on this tour framed development in a global standpoint. Interwoven by lasting memories, learning experiences, and a world of opportunities to explore, the tour is a must for any real estate development student.

Septmber 30 - 6:00 - 7:00 pm

October 13 - 6:00 - 7:00 pm

Come learn more about the material covered in the program, admissions requirements, and career opportunities.

Students who attend this information session will have their interview requirement waived for admission.

RSVP Today!