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M.S. in Real Estate Development

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Graduate Admissions
(954) 262-5067
800-672-7223 ext. 25067

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The Terry W. Stiles School of Real Estate Development was formed to honor the memory and the legacy of Terry Stiles as a visionary real estate developer and Broward County business leader. He was instrumental in developing the curriculum, served as a member of the MSRED Advisory Board, and regularly participated in program related events, classes, site tours, competitions, and guest lectures. He also provided ongoing guidance and financial support to the program. Students and faculty found him to be a ready resource by serving as a personal and professional mentor to numerous students. Many of these NSU graduates remark that he helped guide them far beyond graduation.

Download Curriculum Sheet

Admission Deadlines:

Winter II 2021: March 1, 2021
Summer 2021: April 30, 2021

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.

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:

  • Urban and suburban redevelopment
  • Economical and Environmentally sustainable real estate
  • Entrepreneurship in small/mid-sized real estate companies

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, HB Capital Group

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, Sovereign 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

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

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.

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 Geographic Information Systems (GIS), ARGUS, communications and graphics programs
  • Advisory Board committed to national program advancement
  • MSRED Alumni association
  • Study tour
  • Certified Commercial Investment Member (CCIM) University Fast-Track Partner

The M.S. in Real Estate Development program's thirty-six credit (36) 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 starts in January or August and classes meet in Fort Lauderdale all day Saturday or online.

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

Each of the following is required (36 total credits)
PUB 5932 Sustainable Community Development
REE 5862 Real Estate Market Analysis
REE 5864 Real Estate Development Software
REE 5865 Real Estate Construction Principles
REE 5867 Geographic Information Systems  
REE 5878 Real Estate Development Process: Part I
REE 5879 Real Estate Development Process: Part II
REE 5880 Real Estate Finance
REE 5881 Real Estate Law and Ethics
REE 5882 Land Use Planning & Project Design
REE 5887 Real Estate Investments
REE 5895 Real Estate Financial Modeling
one of the following may be substuted with MSRED director approval
REE 5866 Real Estate Special Topics
REE 5899 Real Estate Development Internship

Additional Work:

Argus Enterprise Training
ArcGIS Software Training
ESRI Business Analyst Training

Current students: Please consult your Academic Advisor for program requirements or access SharkLink for your Degree Works audit. Program requirements are subject to change, and your Academic Advisor or Degree works audit can provide you with the courses required for your catalog term.

Full-Time professionals are available to discuss the M.S. in Real Estate Development curriculum with you in greater detail. Simply call 800.672.7223 Ext. 25067 or contact our Enrollment Services Staff.

Course Descriptions

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.

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. 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 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
Blanca Meili VieraBlanca Meili Viera is pursuing her M.S.R.E.D. after being in the real estate industry as a sales associate for 13 years. She is looking to bring extensive value to her clients and expand her knowledge of development to successfully open a Multi-Faceted Brokerage covering all sectors of the real estate industry. Meili has built her brand on being a multi-faceted bilingual professional with 13 years of experience in residential and commercial sales, investment properties and commercial retail shopping centers leasing & management. In 2017 she closed over $12 Million in Real Estate home sales & Commercial leasing transactions. Meili is focused on delivering an outstanding service experience for her customers. Her focus is attention to detail, excelling in communicating, placing her customers' interests above her own and delivering tangible and profitable results.
Brandon BellBrandon Bell is pursuing his M.S.R.E.D. after graduating from Florida State University in May of 2018 with a B.S. in Real Estate. Brandon is 22 and currently works at Landmark Custom Homes of Broward. Brandon also holds an active real estate sales associate license and after the program will obtain a real estate broker license, as well as a general contractor's license. Brandon aspires to work in corporate real estate.
Bruce FlemingBruce Fleming is pursuing his M.S.R.E.D. after a 5-year career in the US Army and most recent work as a commercial real estate underwriter for Kalb Mortgage solutions a leading correspondent lender in South Florida. Bruce would like to grow his real estate finance and investment knowledge through the MSRED program. After finishing his M.S.R.E.D. he would like to pursue the CFA designation. Bruce holds a B.S. in Urban & Regional Planning with a minor in Business Administration from Florida Atlantic University.
Ryan KaufmanRyan Kaufman was raised in the Fort Lauderdale suburbs of Davie. His undergraduate degree was successfully completed at Florida Gulf Coast University, where Ryan earned a bachelor's degree in Finance. His first exposure to finance stems back to conversations with his grandfather, who at a young age, exposed Ryan to personal finance, discipline investing, as well as, the importance of character, honesty, and empathy. While pursuing his degree at Florida Gulf Coast University, Ryan worked as a caddie at the Tiburon Ritz Carlton Naples Golf Club. He enjoyed using this exposure to converse with a variety of professionals. He is currently pursuing his Master's in Real Estate Development with the goal of learning the nuances of asset-level returns to build a solid foundation for a career in real estate finance, investment banking or private equity.
Alex CohenAlex Cohen is pursuing his M.S.R.E.D. shortly after graduating from Florida State University. Alex would like to gain knowledge and experience through the program to learn the skills to start his career in real estate. He also hopes to be able to assist his family's real estate company in the future with these skills. Alex got his Bachelor of Science degree in Psychology at Florida State.
Alana StewartAlana Stewart is a recent graduate from the University of Pittsburgh with a B.A. in Communications and a minor in Sociology. Additionally, she is currently licensed to sell Real Estate in the Commonwealth of Virginia. Alana hopes to learn the different skills and aspects of becoming a successful developer so that after the program she can pursue her passion of building homes.
James CarterJames Carter started the MRED program after completing his M.B.A. with a concentration in Management. Prior to his enrollment, James spent 17 years in the United States Army’s Infantry Branch. He is exploring the multitude of opportunities that exist in the field of real estate development. James finds the area of urban development and investment promising and would be interested in opportunities in this field. As previously stated, James holds an M.B.A. from Nova Southeastern University and also holds a B.A. in History from Norwich University, Military College of Vermont.
Michael OshmanMichael Oshman Michael is a development associate who works with management to analyze properties and improve organizational efficiency. Prior to Ceiba, Michael worked at a leading tech company where he managed and upsold on a book of business of $3 million with Fortune 500 clients. Fundamental to Michael’s success is a strategic, data-driven approach in which he is constantly seeking to unlock the most value. Michael is passionate about empowering others using technology. Michael holds a bachelor’s degree in Political Science and Psychology, Magna Cum Laude from Lehigh University.
Nathan JohnsonNathan Johnson is pursuing his MRED while being posted in South Florida with the US Department of State. Nathan has been a part of our nation's Diplomatic Corps for over 11 years. He has been posted in Germany, Thailand and most recently in Valletta Malta whereas a part of his duties he was the Real Property Manager for the US Embassy. Prior to his Foreign Service career, Nathan was in the Marine Corps. He retired after a 22-year career with the rank of Sergeant Major. Nathan finds the RED program very interesting and he believes that if he is successful in his studies he could possibly make a career change. Nathan has an B.S. in Business Administration from the University of Maryland and an MS in Organizational Leadership from Nova Southeastern University.
Angelo PaladinoAngelo Paladino has been licensed for real estate in both Arkansas and Florida and currently holds an active Sales Associate License with Century 21 KoRes Commercial. Mr. Paladino graduated from college with high honors as a double major in Psychology and History. Directly out of college, Mr. Paladino was recruited and trained as a business-to-business (B2B) sales consultant with a concentration in value added solution selling methods by Hewlett-Packard (HP). Mr. Paladino has been trained through the Century 21 Advance Commercial Adviser (ACA) curriculum, the Century 21 Commercial Management Academy (CMA) and is currently pursuing a Masters of Science in Real Estate Development (MSRED) from the Terry W. Stiles School of Real Estate Development within the H. Wayne Huizenga College of Business & Entrepreneurship at Nova Southeastern University (NSU). Mr. Paladino, as of 2017, entered into an apprenticeship under Adam P. Von Romer, CCIM. Mr. Von Romer is a 35-year veteran of the South Florida Commercial Real Estate Market, has personally closed, managed, or supervised in excess of $1.6 Billion in commercial transactions and has the number one best-selling book on Amazon in commercial real estate field titled Getting Started In Commercial Real Estate.
Jeffrey HeardJeffrey Heard is pursuing his MSRED after being in the real estate industry for nearly two decades. Over the past twenty years, Jeff has worked in all facets of real estate, including hotel development, construction, commercial sales, property management, and higher education. Jeff formed his passion for the hospitality industry while earning his Bachelor’s in Finance from Florida International University (FIU) and specialization in hotel development with the FIU School of Hospitality. Jeff’s development efforts include land use regulation in Miami Beach and also participating with the assemblage of a contiguous mile of oceanfront in Daytona Beach. Jeff began his career by founding his own site development firm where he provided site development services for golf courses and athletic fields, including Atlanta Braves Baseball. Since 2013, Jeff has worked with the Nova Southeastern University Office of Facilities Management where he manages over 20 million square feet of property across five campuses in the South Florida area. After graduation his plans include supporting the build out of higher education campuses and working in real estate for the development of large-scale hospitality projects.
Oslyn Thomas-VolkOslyn Thomas-Volk is pursuing her M.S.R.E.D. while maintaining a successful career as realtor, broker associate, and community association manager. In addition, Oslyn is a licensed nurse in the State of Florida. Oslyn has maintained her passion for real estate and is currently managing a private portfolio consisting of over 300,000 square feet of office and retail space. After completing her M.S.R.E.D. Oslyn plans to go to law school and utilize her formal training to provide a more comprehensive service to her future commercial developers and investment clients.
Marcela DibMarcela Dib joined Nova Southeastern University’s MSRED program motivated by her exposure to the industry while working for a Real Estate Developer for over 4 years. She started as the Executive Assistant to CEO and officially became the team’s Director of Operations in 2018. She actively participates in the company’s projects due diligence, budgeting, closing, overseeing deliverables, and managing account payables. She also supports the site selection process and qualifying projects for the company’s Florida office. She holds a bachelor’s degree in business administration with a concentration in Management from Florida International University.
Judson Robertson Judson Robertson currently lives in Davie Florida and is practicing real estate in the South Florida market. He holds an active Florida Real Estate Sales Associate License where he has gained knowledge and experience in real estate sales, leases, investments, and contracts over the past three years. Judson recently graduated from Nova Southeastern University earning a BS in Business Administration and will pursue his MRED in the Fall of 2019. He also was an NCAA athlete and part of the Nova Southeastern swim team which won multiple state and conference championships. Judson has been mentored by numerous real estate investors in South Florida with a primary goal of learning, understanding, and pursing Real-estate Finance and Development.
Juanita Bernal Juanita Bernal is an architectural designer at GarciaStromberg. Participating in Harvard’s Career Discovery Program became the springboard to her pursuit of a career in architecture. This program enabled her to fully immerse herself in Harvard’s fascinating learning environment. She then went on to complete her Bachelor’s of architecture at Florida Atlantic University and began her first career move after graduation at GarciaStromberg. In her 3 years with the firm, she has been involved in projects of numerous scales and has had the opportunity to participate in most all phases of the design process. Juanita has been involved with the ULI for 2 years and is the co-chair for the Young Leaders of Palm Beach.
Kashane TigerKashane S. Tiger is pursuing his M.S.R.E.D. after recently completing his MBA from Nova Southeastern University with a concentration in Entrepreneurship. Kashane spent 20 years of honorable service in the United States Air Force Active Duty in the Supply Chain Management and Logistics career Field. Since leaving the U.S. Air Force, Kashane has diligently started his own property management business managing his own rental properties that are in different areas of Florida. His efforts have given him hands on experience in buying and renting out properties, over the last 20 years, which has allowed him to see the benefits of single-family home dollar appreciation over time. Kashane having hands-on experience in Real Estate has helped him realize that pursuing his M.S.R.E.D. at Nova Southeastern University would help him attain his future goal of networking with like-minded people and expand his knowledge of anything and everything pertaining to the Real Estate industry.

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 the 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
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

Real Estate Industry Scholarship Awards

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

Commercial Real Estate Women (CREW)
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 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.

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."

CCIM Institute of Chicago

The Certified Commercial Investment Member (CCIM) Institute of Chicago has approved NSU's MSRED Program as a University Partner and part of the CCIM/University Fast Track Program. Under this agreement, CCIM will give CCIM candidates who attend and graduate from NSU’s MSRED program credit for 3 of the 4 required CCIM courses. MSRED graduates would then only need to take the remaining one class, pass the CCIM comprehensive exam, and satisfy the organization's experience requirements to earn their CCIM designation. With the University Partner agreement MSRED students wanting to ultimately earn a CCIM designation will save at least $5,000 on the cost of earning the CCIM designation and will have access to CCIM programs and materials such as the CCIM "site to do business" which allows for substantial access to market databases. The CCIM designation is one of the most highly recognized professional designations in commercial brokerage.

For information on the CCIM/University Fast Track Program please visit: Institute Membership - University Fast Track | CCIM Institute.

National Association of Homebuilders

NAHB represents the largest network of craftsmen, innovators and problem solvers dedicated to building and enriching communities. Operating at the local, state and national levels, the NAHB Federation helps its members gain a competitive advantage. The NAHB Student Chapters program is dedicated to enriching the educational experience of students by offering them first-hand exposure to the real world of the building industry through NAHB membership, educational programming, and networking opportunities.

Working with a faculty adviser and drawing on the mentors and industry leaders in their local home builders association, student chapters can compete in national competitions, win scholarships, enjoy discounts on trade shows, and enjoy all the benefits of membership in NAHB.

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

It is my honor to serve as Chairman of the Advisory Steering Committee – a board I was invited to join in 2009 by my friend and partner, the late Terry W. Stiles.

As the leading developer based in Ft. Lauderdale for over 50 years, Terry Stiles was known for his integrity, quality and vision. As one of the founders and driving forces behind Nova Southeastern University's Master of Science in Real Estate Program, Terry was committed to establishing it as the finest in south Florida. This school, which now bears his name, is his legacy and a reflection of his dedication to its programs and its students.

As Chairman of the Advisory Steering Committee, I want to assure all past, current and future students, our board will mirror Terry’s commitment and example by employing our strengths, experience and resources to ensure the success of Nova Southeastern University's Master of Science in Real Estate Development Program.

Our Board is 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 an incubator for 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 success.


Harry L. Posin

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, 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, producing graduates fully and immediately capable of meeting a variety of professional and leadership roles.

As industry leaders, board members present lectures discussing important current issues and innovative developments in their fields and provide topical in-field case studies where students can experience diverse product types first-hand.

Board Members serve as yearlong executive mentors, providing career advice and guiding and assisting students with networking, job search and interview skills.

Advisory Board Committee

Advisory Steering Committee

Stiles Corporation awarded Greater Fort Lauderdale Alliance's 2019 Educational Partnership Award

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