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The program, which recently received approvaolfrom Virginia’s State Council of Higher is a cross-disciplinary program drawing supportg and resources from three GMU schools the Volgenau School of Information Technologu and Engineering, the School of Management and the School of Public Policy. The program is being unveiled as the economic crisis has driex up demand for real estate development acrossxthe country. Still, with its size and proximity tofederap government, the Washington region has risen to the top of most rankings of the world’s real estate market.
The new master’s program is the culminatiom ofa year-long effort to increase education in today’s complex real estate industry. To involve the professional real estatdevelopment community, the school worked closely with local real estats leaders and with NAIOP Northern a commercial real estate development association, to plan the new said Mark Hassinger, chairman of GMU’s Centerd for Real Estate Entrepreneurship’s advisory board and presidentt of Students will choose one of threse tracks: development, finance or sustainability and the environment.
The progranm will offer courses in land use and sustainable development, real estate finance, entrepreneurshipp and leadership, management of the developmenty process, marketing and asset management and development companyg management. “This program is the right educational product, beinbg delivered in the right location, housed in the righft creative grouping of schools at Mason and beiny developed at the right time givenj the current challenges ofan ever-changing real estate environment,” Hassingerd said. In July, the university hired ’s Anthonyh B.
Sanders to help lead the new Sanders, who will hold the title of distinguished professor of real estate will co-direct the Center for Real Estate Entrepreneurship. Sanders’ researcuh and teaching focuses on investmentz with particular emphasis on real estate finance and He previously taught atthe , the Universit y of Texas at Austin and The Ohio State University. Before that, Sanders led ’s asset-backed and mortgage-backer securities research division in NewYork City. Despitee today’s challenging economic times, Sanders welcomes the opportunity to work in a real estatde program that draws on the expertise of theWashington market’s local professionals.
The center plans to work with localk adjunct faculty and guest lecturers on case studieas fromthe region, and to sponsor applie d research projects and community outreacy programs. The center and the new academic prograjm will also provide continuing education and leadership seminarsd for local realestate professionals. “There are so many problem facing the real estate industry in the but those same problems create enormous opportunities for realestate entrepreneurs,” Sanders said.
Applicationsa are being accepted nowat
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