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Total Credits19–21
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Cost
Why Real Estate Expertise Matters
Beyond blueprints and bricks, successful real estate development demands vision, market insight, financial acumen, project management, and a solid understanding of legal and property rights issues. Effective facility management also requires a strong focus on safety, sustainability, and operational efficiency.
The Real Estate Development and Management Minor is available to any student currently enrolled in an undergraduate degree program at the University of Minnesota.
The program equips you with the comprehensive skills needed to thrive in this dynamic field. Whether you’re an aspiring developer, real estate investor, property or facility manager, this program provides the tools to create and manage spaces that meet evolving market demands.
Key Learning Outcomes:
- Real Estate Planning and Development Fundamentals: Gain a foundational understanding of real estate markets, trends, and development strategies tailored to Minnesota’s unique landscape.
- Financial and Market Projections: Apply detailed financial models and market analyses that support profitable and sustainable real estate projects.
- Project Cost Estimation and Scheduling: Develop skills in cost estimating, project planning, and scheduling to deliver projects on time and within budget.
- Facility Assessment and Performance Evaluation: Assess the functionality and performance of existing facilities to identify opportunities for improvement and value enhancement.
- Real Estate Asset Ownership and Management: Understand the principles of owning and managing real estate assets to maximize their operational and financial performance.
Why Choose This Program?
- Minnesota Market Focus: Explore the unique challenges and opportunities in the Minnesota real estate market, from urban developments in the Twin Cities to suburban and rural projects.
- Expert Instruction: Learn from seasoned professionals with extensive experience in real estate development, finance, and facility management.
- Practical Application: Gain hands-on experience through case studies, project-based learning, and real-world applications.
- Career Advancement: Prepare for roles in development, asset management, property investment, and more.
Related Programs
Required Courses (19–21 credits)
Courses without links are under construction.
| Course Number | Course Name | Credits |
|---|---|---|
| CMGT 3011* | Construction Plan Reading | 2 |
| CMGT 4021 | Intro to Construction Planning and Scheduling | 2 |
| CMGT 4022 | Intro to Construction Estimating | 2 |
| ABUS 4213 | Owning and Managing a Building | 2 |
| ABUS 4217 | Real Estate Development: Process and Tools | 2 |
| ABUS 4218 | Real Estate Finance | 2 |
| CMGT 4215 | Assessing Building Function and Performance | 2 |
| CMGT 4861 | Capstone | 3 |
| ELECTIVES | Choose from the list below** | 2–4 |
*CMGT 3011 Construction Plan Reading or an equivalent course, or proficiency in construction plan reading, is a prerequisite for several courses in the certificate. In consultation with the faculty director or academic advisor, this course may be waived and substituted with an elective course, if appropriate, resulting in a minimum total of 19 credits.
**Complete 1–2 course(s) and earn 2–4 credits from the following electives:
- ABUS4501 - Building and Running a Small Business Enterprise (4cr.) Online may be available
- ABUS4701 - Introduction to Marketing (3cr.) Online may be available
- BLAW3059 - Real Estate Law (2cr.)
- CMGT3001W - Introduction to Construction (3cr.) Writing Intensive
- CMGT3009 - Construction Technology Applications (1cr.) Online may be available
- CMGT3024W - Facility Programming and Design (2cr.) Writing Intensive
- CMGT4011 - Construction Documents and Contracts (3cr.) Online may be available
- CMGT4073 - Building Codes for Construction Managers (1cr.) Online may be available
- CMGT4302 - Environmental Health Principles (3cr.) Online may be available
- CMGT4471 - Sustainability for Construction Managers (2cr.)
- GEOG3973 - Geography of the Twin Cities (3cr.) Social Sciences
Course Catalog | Course descriptions and prerequisites
Class Schedule | Courses details by semester
Admission
Admission Deadlines
Fall semester: July 15
Spring semester: November 15
Summer term: April 15
Admission Requirements
To apply, you should have:
- earned 30 credits
- a 2.5+ GPA
Admissions Advising
Meet Jeff Olsen Krengel
I work with prospective students interested in our undergraduate applied science majors and those who want to design their own degree program. I’m available to answer your questions and help you find a program that meets your needs.
In my free time, I can be found reading, running with my son, or visiting a brewery. I am an avid sports fan cheering for the Green Bay Packers, Minnesota United FC, and Liverpool FC.
Give me a call at 612-625-4340. Or you can send me a message or request an appointment below.