2021 Leading Schools for Multifamily Real Estate

More than two-thirds of participating schools conducted coursework at least partially online in 2020. Find more insights in MHN’s Leading Schools for Real Estate Education.

You can also read our other Leading Schools for Real Estate Education indexes.

Name of Institution/Department Name Degrees Offered Full-Time RE Faculty Students Accepted Into RE Programs in 2020 2020 Graduates Employed in RE Field (%)
Arizona State University/W. P. Carey School of Business MRED 3 60 86%
Baruch College – The City University of New York/William Newman Department of Real Estate & Steven L. Newman Real Estate Institute BBA, MSRE, PhD RE 5 MSRE: 50 BBA: 70%, MSRE: 100%
California State University, Fresno/Gazarian Real Estate Center BBA 2 17 >50%
Clemson University/Department of City Planning and Real Estate Development MRED 5 23 93%
Columbia University/Graduate School of Architecture, Planning & Preservation MRED 4 >100 96%
DePaul University/The Real Estate Center/Department of Finance and Real Estate BS RE, MSRE, MBA w/RE Concentration 3 37 83%
Florida International University/Hollo School of Real Estate MSIRE 6 180
Florida State University/Real Estate Center BBA, MBA, MSF w/RE Specialization 7
George Washington University/Center for Real Estate and Urban Analysis BBA 3 90%
Georgetown University/School of Continuing Studies MSRE 1 97%
Georgia State University/Robinson College of Business BBA, MSCRE, PhD RE 4 50 100%
Lehigh University/Goodman Center for Real Estate Studies BBA 2 30 90%
Marquette University/Center for Real Estate BBA, BS RE 2 160 100%
Menlo College/The Real Estate Center BS RE 1 25 100%
Pennsylvania State University/Smeal College of Business BS RE, MREAD, PhD RE 6
Portland State University/Center for Real Estate MRED 4 31 95%
Roosevelt University/Heller College of Business/Marshall Bennett Institute of Real Estate BBA, MSRE, MBA w/RE Concentration 1 20 90%
Texas A&M University MSRE 6 44 95.5%
The Ohio State University/Center for Real Estate BS RE 320
University at Buffalo, The State University of New York/School of Architecture and Planning MRED 35
University of Central Florida/Dr. P. Phillips School of Real Estate BBA, MSRE, PhD 3 89 100%
University of Colorado – Boulder/Leeds School of Business/Real Estate Center BS RE, MSRE, MBA w/RE Concentration 6 69 100%
University of Connecticut/School of Business/Department of Finance BS RE, MBA w/RE Specialization, PhD Finance w/ RE Specialization 4 42 90%
University of Denver/Daniels College of Business/Franklin L. Burns School of Real Estate and Construction Management BSBA, MSREBE 8 BSBA: 85, MSREBE: 87 BSBA: 86%, MSREBE: 94%
University of Florida /Warrington College of Business MSRE 2 74 97%
University of Illinois Chicago/John Marshall Law School JD/LLM in RE Law, LLM in RE Law 80%
University of Miami/School of Architecture MRED 3 39 95%
University of Missouri-Kansas City/Lewis White Real Estate Center BBA, MSERE, MBA w/RE Concentration 2 12 100%
University of Nebraska Omaha/College of Business Administration/Finance, Banking, Real Estate Department BBA w/RE Concentration 2 45 75%
University of Northern Iowa/Center for Real Estate Education BBA 1 20 100%
University of San Diego/School of Business/Department of Real Estate BBA RE, MSRE, JD/MSRE, MBA/MSRE 4 27 90
University of Southern California/Smith Department of Real Estate Development BS RE, MRED 9 MRED: 60 BS: 80%, MRED: 100%
University of Utah/David Eccles School of Business MRED 5 44 96%
Villanova University/DiLella Center for Real Estate BS RE, MBA w/RE Specialization 4 60
Virginia Commonwealth University/Kornblau Real Estate Program BS RE, MSB, MBA w/RE Concentration 3 93%
Virginia Tech/Program in Real Estate (REAL) & Property Management (PM) BS REAL: 4, PM: 4 REAL: 103, PM: 9 REAL: 100%, PM: 69%
Wichita State University/W. Frank Barton School of Business BBA w/RE Concentration 1 100%

BBA: Bachelor of Business Administration, MREAD: Master of Real Estate Analysis & Development, MRED: Master of Real Estate Development, MSF: Master of Finance, MSRE: Master of Science in Real Estate, MSCRE: Master of Science in Commercial Real Estate, MSIRE: Master of Science in International Real Estate, MSREBE: Master of Science in Real Estate and the Built Environment

The following noteworthy real estate programs did not submit but are worth further research: Harvard’s Graduate School of Design, the University of California-Berkeley’s Haas School of Business and the University of Pennsylvania’s Wharton Real Estate Department.

To be included in upcoming surveys, email Jeff Hamann at jeffrey.hamann@cpe-mhn.com

Changing Majors

The higher education model was upended in the spring of 2020 when most universities were forced to close due to the COVID-19 pandemic. Many were hopeful that the fall would bring a return to the classroom, but most universities continued remote learning in the fall and even into the spring of 2021.

According to the National Student Clearinghouse Research Center, overall postsecondary enrollment declined 2.5 percent in fall 2020, with the primary driver of this decline being undergraduate enrollment, which fell by 3.6 percent. This fall may prove to be brighter for enrollment as early indicators show that applications are up, boosted by a shift away from standardized test requirements for applicants.

This year’s Leading Schools for Real Estate shows how, despite the pandemic, real estate departments in universities across the country were determined to make their programs worthwhile for students. Due to the rapid switch to online learning, the ability for institutions to offer online coursework has almost become a necessity. Of the schools in our survey, 8 percent indicated that all real estate courses were available online, while a full 65 percent stated that classes were at least partially conducted online.

The schools in this year’s survey had an average of four full-time real estate faculty members and accepted an average of 65 students into each program last year. The real estate programs at the universities surveyed demonstrated the ability to set students up for successful careers after graduation, with most schools reporting more than 80 percent of graduates found employment in real estate fields.

Our participants’ multifamily-specific coursework covers a broad spectrum, from affordable housing to applied case studies and capstone courses focused on development, asset management, financial analysis and property management of individual communities.

—Madeline Harper, Senior Research Analyst, Yardi Matrix

Read the April 2021 issue of MHN.