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.
"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, Elion Partners
"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.
Jobs E-blast. Send us your job and we will email it to all of our students and alumni for your company. NSU encourages employers to advertise job opportunities on through the M.S.R.E.D. jobs e-blast at no cost. The Jobs E-blast 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
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
Lincoln Road and Spanish Village
Executive Mentor Program
Students enter the mentorship program after completing several classes and maintaining a 3.0 average. 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.
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.
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.