A New Era for Real Estate Education The University of California, Los Angeles (UCLA) is making waves in the real estate industry with the launch of its Master of Real Estate Development (MRED) program. This one-year program, housed within the UCLA Luskin School of Public Affairs, is designed to equip future real estate professionals with the knowledge and expertise needed to navigate the complexities of urban development.
An Industry-Driven Curriculum Led by Greg Morrow, a UCLA alumnus with extensive experience in real estate education, the MRED program aims to produce forward-thinking leaders in development, asset management, finance, and consulting. Unlike other real estate master’s programs, UCLA’s MRED is structured on the quarter system, allowing for a dynamic and fast-paced learning environment. Courses will be taught by industry professionals, ensuring students gain real-world insights and practical skills.
Addressing Key Real Estate Challenges The program’s curriculum is designed to tackle pressing issues shaping today’s real estate landscape, including climate change, gentrification, housing inequality, international trade, and post-pandemic work trends. By exploring these critical themes, UCLA hopes to develop professionals who are not only skilled in finance and development but also conscious of their impact on communities.
A Growing Footprint in Los Angeles UCLA has been expanding its real estate holdings across Los Angeles. Recent acquisitions include a nearly completed 62-unit apartment complex in West LA for $39 million and the former Westside Pavilion, now a planned research campus, for $700 million. These strategic moves underscore UCLA’s commitment to real estate development beyond the classroom, providing students with a living case study of urban transformation.Conclusion: A Prestigious Addition to UCLA’s Legacy With the introduction of the MRED program, UCLA is positioning itself as a leader in real estate education, offering students unparalleled access to an urban landscape that serves as the perfect learning laboratory. As Los Angeles continues to evolve, this program will play a crucial role in shaping the next generation of real estate professionals who will drive innovation and sustainable growth in the industry.