New Center and Master’s Program Focus on Real Estate

Posted: December 14, 2009 at 1:03 am, Last Updated: December 11, 2009 at 5:17 pm

By Nicole Hitpas

The School of Management (SOM) has been given responsibility for the MS in real estate development, a cross-disciplinary program housed in SOM that draws support from the Volgenau School of Information Technology and Engineering as well as the School of Public Policy. The program is part of SOM’s Center for Real Estate Entrepreneurship, which was created to advance real estate research and education in real estate development and finance.

“I am delighted to have the Center for Real Estate Entrepreneurship housed within the School of Management. Under Professor Tony Sanders’ able leadership, we are able to offer a unique curriculum that prepares our students to work in the real estate industry as well as provide insightful research to help guide the industry during these challenging economic times,” says Jorge Haddock, dean of the School of Management.

Along with an advisory board made up of Mason faculty and leading local real estate professionals, the center is run by Anthony Sanders, Distinguished Professor of Real Estate Finance. Both the center and the new academic program are strongly supported by the local real estate community and NAIOP Northern Virginia, the Commercial Real Estate Development Association.

Sanders came to Mason from Arizona State University and previously taught at the University of Chicago, University of Texas at Austin and The Ohio State University. He also served as director and head of asset-backed and mortgage-backed securities research at Deutsche Bank in New York City.

“The George Mason University Center for Real Estate Entrepreneurship seeks to advance innovative and critical multidisciplinary research on real estate development and finance. This is accomplished through high-quality research, educational programs (such as the master’s degree in real estate and the Real Estate Finance Certificate Program) and community outreach. The center conducts seminars, workshops, symposia and forums on timely topics such as the distressed asset crisis in commercial real estate and the economics of green real estate development,” says Sanders.

The center hosts distinguished individuals from the real estate community to speak at Mason and the MS in real estate development classes. It also works with adjunct faculty on case studies from the region, plans applied research projects and develops community outreach programs.

The MS in real estate development is a 36-credit program that offers four specialized tracks: real estate development; real estate finance; construction management; and environment and sustainability. The program culminates with a capstone project exploring real estate development.

For more information on the Center for Real Estate Entrepreneurship or the MS in real estate development, see the web site.

This article originally appeared on the School of Management web site .

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