Master of Science inREAL ESTATE

IN REAL ESTATE, LOCATION IS EVERYTHING.

In good times and bad, the commercial real estate industry is one of the key drivers of the economy. There will always be a need for specially-trained employees to manage the complexities of real estate finance, development and construction.

UNC Charlotte’s M.S. in Real Estate combines a top-notch faculty and the steadfast support of industry leaders with our location in one of the most dynamic business cities in the U.S., presenting unparalleled opportunities for students seeking a career in real estate.

UNC CHARLOTTE CENTER CITY

APPLY TODAY.MSREALESTATE.UNCC.EDU/DEVELOP

MSRealEstate.uncc.edu/develop

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Master of Science in REAL ESTATE

Real Estate professionals come from a broad range of educational disciplines. The program will draw prospective students from undergraduate programs in architecture, engineering, urban planning and geography, as well as the business disciplines.

Admission Requirements •Possessionofabachelor’sdegreefromaregionallyaccreditedcollege or university. •Anoverallgradepointaverageofatleast3.0onapplicant’sprevious work beyond high school. •Atleastthreeevaluationsfrompersonsfamiliarwiththeapplicant’s personalandprofessionalqualifications. •Anessaydescribingtheapplicant’sexperienceandobjectivesinunder taking graduate study. •Aresumeoradescriptionofworkexperience. •AsatisfactoryscoreontheGREorGMATtest.

For International Applications In addition to all of the requirements listed above, students must submit:

•AnofficialscorefromoneofthreeEnglishproficiencytests.Forthe TOEFL(TestofEnglishasaForeignLanguage),theminimumscoreis 100(ibt).FortheIELTS(InternationalEnglishLanguageTesting System),theminimumoverallbandscoreis7.FortheMELAB (MichiganEnglishLanguageBattery),theminimumscoreis84. InternationalapplicantsshouldrefertotheInternationalAdmissionswebsitefor deadlines and additional admissions information.

Admissions Deadlines TheM.S.inRealEstatewillenrollnewstudentsinthefallandspringsemesters.

Priority Deadline for Fall Admission: March 1 Priority Deadline for Spring Admission: October 1

Enrollment is limited and prospective students are encouraged to apply early.

Financial Information Tuition,feesandfinancialaidinformationisavailablebyvisitingtheM.S.in Real Estate program website: msrealestate.uncc.edu.

Application questions:Allison Brinkley | Admissions Counseloremail: abrinkley@uncc.edu phone: 704.687.7267

Program questions:Alyson Metcalfe | Program Directoremail: AMetcalfe@uncc.edu phone: 704.687.0816

ADMISSIONS & FINANCIAL INFORMATION

Master of Science in REAL ESTATE CURRICULUM GUIDE

Prerequisite Courses

Course Title Credit Hours •FoundationsofEconomics ................................................. 3 •FundamentalsofFinancial Accounting&FinancialManagement ............................. 3

Core Courses (32 credit hours)

Course Title Credit Hours •RealEstateLawandLandUsePolicy ...............................3 •FinancialManagement ....................................................3 •RealEstateFinanceandInvestment ................................3 •RealEstateDevelopment .............................................................3 •ConstructionManagement ..........................................................3 •SiteFeasibilityAnalysis ................................................................3 •SitePlanning,BuildingDesignand ConstructionFundamentals ........................................................3 •FinancialAnalysisofDevelopment .............................................3 •RealEstateSeminar .....................................................................2 •InternationalRealEstateStudyTour .........................................3 •RealEstateCapstone ..................................................................3

Through ongoing collaboration with the business community and a number of academic departments on campus, an interdisciplinary 32-credithourcurriculumhasbeencreatedtodevelopthenextgenerationofleadersincommercialrealestate.Graduateswilldeveloptheskillsnecessarytoevaluatecomplexcommercialrealestatetransactionswhileworkinginavarietyofdifferentfieldsincludingappraisal,brokerage, capital markets, corporate services and development.

Additionally,studentswillengageinaseriesofcommunityserviceprojectsemphasizingthesocialandenvironmentalimplicationsofrealestatedevelopmentandpromotingsustainablepracticesintheindustry.Anoptionalprofessionalinternshipwillprovidevaluableexposureto the industry for students in career transition.

Master of Science in REAL ESTATE COURSE DESCRIPTIONS

FOUNDATIONS OF ECONOMICS – This course focuses on topics related to the scope and methodology of economics as a social science, the analysis of markets, the development of market structure, the characteristics of market failure, problems of economic concentration, the theory of income distribution, the measurement of national income, the theory of national income determination,moneyandbanking,monetaryandfiscalpolicy,andinternationaleconomics.

FUNDAMENTALS OF FINANCIAL ACCOUNTING AND FINANCIAL MANAGEMENT – Acceleratedandin-depthstudyofconceptualfoundationsandapplicationsoffinancialaccountingandfinancialmanagementwithemphasisplacedonbuildingaccountingandfinanceinformationbasesforexternaldecisionmaking.

REAL ESTATE LAW AND LAND USE POLICY – This course provides an overview of common legalissuesinvolvedintheacquisition,development,financing,ownershipandoperationofrealestate assets. Emphasis is placed on legal forms of ownership, real estate sale and lease transactions, andgovernmentregulationandtaxationofland.

FINANCIAL MANAGEMENT –Theoryandpracticeofcorporatefinanceincludingassetmanagement,costofcapitalandcapitalbudgeting,optimizationprogramsandsocio-economicaspectsoffinancialmanagement.Computertechnologymaybeemployedwhenapplicable.

REAL ESTATE FINANCE AND INVESTMENT – This course focuses on the techniques used to analyze,financeandstructurerealestatetransactions.Topicsinclude:anoverviewoftherealestatespaceandcapitalmarkets;thetechniquesoffinancialanalysisandvaluation;projectownershipstructures,taxationandfinancialstructure;realestateinaninvestmentportfolio;anddeterminingthefinancialfeasibilityofrealestatedevelopment.

REAL ESTATE DEVELOPMENT – This course focuses on an introduction to the real estate developmentprocess.Thecoursefocusesontheidentificationandevaluationofthecritical assumptionsandissuesrelatedtomarketandsitefeasibility,financialfeasibility,planning,acquisition,andoperationofeconomicallyviablecommercialrealestateprojects.Studentswillworkingroupsonasemesterprojecttoselectasiteandprepareanappropriatedevelopmentplanthatemphasizesthemarketandfinancialfeasibilityoftherealestatedevelopment.

CONSTRUCTION MANAGEMENT – This course addresses the various roles and responsibilities of the contractor and construction manager in the development process including discussion of the owner/designer/constructor relationship. Emphasis is placed on sustainable design and other publicpolicyobjectivesadvancedbyspecifictypesofdevelopment,aswellastherolethepublicsectormayplayinthesuccessofrealestateprojects.

SITE FEASIBILITY ANALYSIS –Examinationoffactorsaffectingthefeasibilityoflandparcelsforcommercial and residential development with emphasis on the physical evaluation of a given site, themarketsupportforitsintendeduseandthefinancialsupportfortheproposeddevelopment.

SITE PLANNING, BUILDING DESIGN AND CONSTRUCTION FUNDAMENTALS – This course will introduceessentialprinciplesofsiteplanning,designandconstruction.Specialemphasiswillbeplacedonprogrammingandsustainabilityissuesfordifferentprojecttypes.Thenatureandcharacteristics of construction materials, equipment, and systems used in modern buildings will be presented and how they affect function and feasibility.

FINANCIAL ANALYSIS OF DEVELOPMENT – This course provides students with the analytical andcomputerskillsnecessarytoevaluatethefinancialfeasibilityofcomplexvalueaddedrealestatedevelopmentprojects,includinglanddevelopment,commercialandhousingdevelopment.Accountingandtaxationissuesinfluencingthefinancialviabilityofrealestatedevelopmentprojectswill also be considered.

REAL ESTATE SEMINAR –Thiscourseisdesignedtoprovidestudentswithexposuretoemergingtrendsintherealestateindustry.Studentsarerequiredtoparticipateinrealestatetradeorganizationmeetings, engage in leadership and negotiation training, attend guest lecturers covering real estate trends and ethical business practices, and complete professional development seminars.

INTERNATIONAL REAL ESTATE STUDY TOUR –Studentsparticipatinginthecoursewilltravelto an international city to study real estate development. Opportunities and challenges in the regionalrealestatemarketwillbeexploredthroughthecompletionofaseriesofstudytours,presentations, reading assignments and short essays. Emphasis will be placed on issues such as urban planning, sustainable growth, economic development and global market integration.

REAL ESTATE CAPSTONE – This course is designed to bring together the topics covered in the MSREprogramandexaminehowtheyrelatetoeachother.Studentswillcompleteappliedgroup projects,aswellasconductindependentresearch,toexploreissuesofinteresttotherealestate industry.Alloftheseprojectswillencouragestudentstodeveloptheirleadershipandnegotiationskills, as well as consider ethical issues commonly faced by real estate professionals.

Master of Science in REAL ESTATE ADVISORY BOARD

Mr. Todd MansfieldPresident&CEOCrescentResources

Mr. William Matthews, Jr.AttorneyatLawWombleCarlyleSandridge&Rice,LLC

Mr. Charles Lindsey McAlpinePresidentSouthernApartmentGroup

Mr. Pat MumfordDirectorof Neighborhood&Business ServicesCityof Charlotte

Mr. John OckerbloomManagingDirectorJefferiesLLC

Mr. Perry QuickSeniorVicePresidentFifthThirdBank

Mr. David RavinPresident&CEONorthwoodRavin

Mr. Patrick RileyPresident&COOAllenTateCompany,Inc.

Ms. Pat RodgersPresident&CEORodgersBuildersInc.

Ms. Ellen RodgersSeniorVicePresidentBankof AmericaMerrillLynch

Mr. Weston AndressRegionalPresidentPNCBank

Mr. Bob BertgesExecutiveVicePresident WellsFargoCorporatePropertiesGroup

Mr. H.C. “Smoky” BissellChairmanandCEOTheBissellCompanies,Inc.

Mr. Bryan Brooks VicePresidentMedalistCapital,Inc.

Mr. Jefferson Brown (Chair)MemberMoore&VanAllen

Ms. Debra CampbellDirectorCharlotte-MecklenburgPlanning Commission

Mr. John CulbertsonManagingpartnerCardinalRealEstatePartners,LLC

Mr. Geoffrey CurmeManagingPartnerCardinalRealEstatePartners,LLC

Mr. Jubal EarlySeniorVicePresidentLincolnHarris

Mr. Peter FiorettiChairman&CEOMREC

Mr. Walter Fisher, Jr.MemberTroutmanSandersLLP

Mr. Curt GranthamExecutiveManagingDirectorCBRichardEllis

Mr. Clay GrubbPresidentGrubbProperties

Mr. Paul HerndonPresident AmericanAssetCorporation

Ms. Anne Marie HowardCEOandGeneralCounselCharlotteRegionalRealtor® Association

Mr. Raymond HughesSeniorVicePresidentWellsFargo

Mr. Fred KleinManagingPartnerChildressKleinProperties

Mr. Ken LoeberPresidentof RealEstateServicesCNLCommercialRealEstate

Mr. Daniel LevinePresident LevineProperties

Mr. George MaloomianPresident CambridgeProperties,Inc.

TheM.S.inRealEstateprogrambenefitsfromthestrongsupportofanoutstandingRealEstateAdvisoryBoard.Thesedistinguishedbusiness leaders within the real estate industry provide vital counsel on real estate curriculum, programming and promotion.

Mr. Ed RosePresident&CEOShelco,Inc.

Mr. Thomas SittemaCEOCNLRealEstateGroup,Inc.

Mr. Tim SittemaPartnerCroslandSoutheast

Mr. Frank WarrenSeniorEconomistKimley-Horn&Associates,Inc.

Mr. W. Samuel WoodardPartnerParkerPoeAdams&Bernstein,LLP

Dr. Steve Billings (Co-Director)AssistantProfessorUNCCharlotte

Dr. Richard ButtimerAssociateDeanUNCCharlotte

Ms. Alyson MetcalfeMSREProgramDirectorUNCCharlotte

Dr. Steve Ott (Co-Director)Deanof BelkCollegeof BusinessUNCCharlotte

Dr. Kiplan Womack (Kip)AssistantProfessorUNCCharlotte

Master of Science in REAL ESTATE

Strategicvision,relentlessdrive,andunbridledoptimismhavebrandedboththeCharlotteregionandUNCCharlotteasmodelsofinnovation and progress.

Charlotteisavibrantcity,amodernandforward-lookingbusinesscenterthathastransformedfromaregionalbusinesshubtothesecond-largestfinancialservicescenterintheUnitedStates.

HometotheglobalheadquartersofnineFortune500companies,theregionhasbecomeamagnetforambitiousandaspiringyoungprofessionals from all over the world.

Justasthecityhasevolved,sohasUNCCharlotte.Theuniversityactivelycollaborateswithlocalbusinessleadershiptoincorporateemerging business trends, ideas and innovations into its academic programs.

A city on the rise. A university with vision.