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Philosophy

THE FUTURE IS DEVELOPING

This statement represents our commitment to the future of the real estate development industry and our students’ and alumni’s role in that industry. As the real estate industry becomes more complex and linked to public sector decision making, we believe now more than ever that development professionals entering the marketplace should possess skills and experiences that fortify a commitment to responsible development and value enhancement.

Clemson University’s 56 credit, full-time Master of Real Estate Development program (18-month Early Career or 12-month Experienced Development Professional options), creates future development entrepreneurs who will produce innovative, quality projects respecting environmental and economic sustainability, design excellence and financial feasibility within the risk-reward framework. The MRED program focuses on promoting an entire vision for a community through sustainable design, creative financing methods, place making and healthy communities.

We want you to become a great place maker–not just a builder of projects!

The Clemson MRED program closely follows the principles of the Urban Land Institute, which believes that development is a public-private partnership and that quality development requires integrating the perspectives of community, environment and economics.

We want you to become a visionary who serves as a craftsperson and designer of neighborhoods and community development–someone who recognizes the role of the developer in guiding the different aspects of creating the built environment– political, economic, physical, environmental, legal and sociological parameters.

Our program blends seven disciplines designed to balance theoretical applications with real world relevance. MRED classes emphasize the financial pro forma and the bottom line. Real estate is a capital-driven industry and developers must have a firm understanding of the workings of the capital markets, financial instruments and other financial parameters of valuation, including tax implications. Gap financing tools and techniques for public-private partnerships, including various tax credit and incentive programs, are thoroughly analyzed. Quality design and sustainability must be incorporated with realistic market and financial feasibility analysis to attract adequate sources of equity and debt financing.

This interdisciplinary approach ensures that our graduates become visionaries, who guide the multiple perspectives that converge during the development and building process.

The Clemson MRED student is an innovator who will dramatically shape the future of the industry.