URSP 118R: INTRODUCTION TO SUSTAINABLE REAL ESTATE DEVELOPMENT

UNDERGRADUATE 3-CREDIT COURSE OFFERING

URSP 118R:  INTRODUCTION TO SUSTAINABLE REAL ESTATE DEVELOPMENT

FALL SEMESTER 2013

Tuesday/Thursday  5:45 – 7:00 pm

An innovative introductory course in Sustainable Real Estate Development for undergraduate students in Business, Architecture, Landscape Architecture, Civil Engineering, Economics and open to all undergraduates through the School of Architecture, Planning and Preservation.  The course is designed to be the first in a series of courses in real estate which emphasize entrepreneurship, innovation and experiential learning.  Initial enrollment is limited to 30 students.

Upon completion of the course, students will have:

1.  An understanding of the foundational principles of sustainable real estate development-- how communities get built and value is created

2.  An appreciation for the quadruple bottom line approach to real estate development that emphasizes:

·         Financial feasibility

·         Environmental sensitivity

·         Social responsibility  and

·         Sustainable design

3.  Introduction to concepts of:

·         Risk and Reward

·         Supply and Demand

·         Real Property Law and Investment Characteristics

·         The Development Process and the key players  including developers, appraisers, insurers, planners, architects, engineers, lenders, investors, attorneys, brokers, and regulators

4.  Practice in key skills:

 

·         Visual Literacy

·         Critical thinking

·         Concise  writing 

·         Negotiation

·         Decision making processes

5.      Exposure to the history of innovative real estate development in the State of Maryland (St. Mary’s City, Greenbelt, Columbia, Kentlands)