B.S. in Business Administration, Real Estate and Economic Development Specialization
Real Estate And Economic Development transforms communities and directly impacts our lives on a daily basis.
Real Estate and Economic Development (REED) comprises a broad range of industries and occupations. At UB, our students focus on these main areas:
Development and Entrepreneurship - If you've ever passed by a plot of land and wondered about its potential, or dreamed of revitalizing communities by fixing up and developing properties, you will learn about the business processes involved in everything from renovation, repositioning, and re-lease of existing buildings, to the acquisition and entitlement of raw land, to the sale of developed land or parcels to others. Real estate developers take great pride in tackling complex projects and seeing buildings go up and areas transform due to their contributions.
Property Management and Brokerage - As a property manager, you'll help owners construct budgets, advertise and market rental properties, qualify residents, collect rent, comply with local landlord-tenant and real estate board laws, and maintain properties. As a broker, you'll be the main connector for the buyers and sellers in facilitating transactions.
Finance and Investment - You’ll acquire the essential skills needed to evaluate real estate investment opportunities, develop proformas, models and projections, smartly leverage debt and equity, and conduct market analyses for for new and rehabilitated apartments, retail centers, office buildings, industrial buildings, and hotels.
Meet the Inaugural Class of Real Estate Fellows.
A program sponsored by M&T Bank, Baltimore Community Lending, Seawall Development and the UB Real Estate and Economic Development Advisory Board.
REAL ESTATE AT UB
There are many reasons why pursuing real estate and economic development at UB may help you realize your career goals.
- Connections - Real estate professionals share advice to improve our curriculum and work to place our students in internships and jobs.
- The Vital Signs Report - Baltimore's best-known source for key data points about our city's neighborhoods.
- Industry growth - Whether you're in real estate investment, appraisal, property management or another field, the job outlook is better than average.
- Only at UB - That's right, we are the only business program in Maryland that has a specialization in real estate and economic development.
- A strong, industry-focused advisory board that supports our students and leverages their connections.
What Our ALUMNI Say
"I think it’s so important that people realize how much opportunity there is in real estate. Real estate makes up such a huge amount of our total economy and yet, there are so few people who seek a degree in real estate. Often times when I meet people in real estate, I ask how they got into real estate and they rarely state that they went to school for real estate. The education I received from UB set me on a path for success, the focus on real estate has given me a huge upper hand in my career and my continued education."
Mike Culp, B.S. '16,
Asset Manager, Continental Realty Corporation
Lessons From Legends
The Merrick School of Business' Real Estate Advisory Board hosts an annual event called "Lessons From Legends." The series presents conversations with leaders who have shown a true mastery of their business and are influential and successful. They share their experiences, career paths, successes and challenges in an interactive forum.
Honors Program
Many business students benefit from the Helen P. Denit Business Honors Program's enriched curriculum, enhanced interactions with faculty and alumni, employer site visits and exceptional internships.
Accelerated Bachelor's to Master's
Save time and money: Begin graduate school before you finish your bachelor’s degree by applying to the Accelerated Bachelor's to Master's Option.
Explore Careers in Real Estate and Economic Development
When you choose to specialize in real estate and economic development, your career path is wide open. Check out some careers in real estate and economic development.
Contact the UB Career and Professional Development Center to learn more about preparing yourself for life post-college: 410.837.5440 ¦ careercenter@ubalt.edu ¦ UB Student Center, Room 306