The Pratt Institute has announced a new degree program: Master of Science in Real Estate Practice, which will commence in fall 2017.

The Real Estate Practice program will train students to develop skill sets focused on public-private partnerships, housing and urban development, and sustainable development. This focus on public-private partnerships is due to an increase in real estate professionals’ interaction with broader interdisciplinary teams.

Courses offered in 2017–2018 include: The Development Process, Fundamentals of Real Estate Development Finance, Fundamentals of Real Estate Portfolio Investment, Real Estate Law and Land Use Regulation, Public/Private Redevelopment, Urban Economics and Market Analysis, Real Estate Valuation and Capital Markets, Project Management, Demonstration of Professional Competence-Thesis, and Demonstration of Professional Competence-Studio.

The new 36 credit program is meant to complement existing graduate programs of the Pratt School of Architecture: City and Regional Planning, Sustainable Environmental Systems, Historic Preservations, Urban Peacemaking and Management, and Facilities Management.

“With this new program, Pratt’s School of Architecture now has a trilogy of programs focused on the built environment: Construction Management, Facilities Management, and Real Estate Practice. This unique and exciting program focuses on educating and training students in real estate practice at the intersection of public-private partnerships,” said Regina Ford Cahill, chairperson at Pratt Institute in a statement to Real Estate Weekly.

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