- July 28, 2025
I am delighted to announce that the Master of Real Estate Development (MRED) program will launch a new graduate-level Certificate in Affordable Housing, recently approved by the State Council of Higher Education for Virginia (SCHEV).
- July 23, 2025
Lessard is a key player in the specialty design niche of office space to residential conversions in the DMV market and beyond. Today the firm shares with us their valuable insight into that process.
- July 21, 2025
Twelve years ago, Stephanie Moumen was a real estate professional in the DMV working for a medium-size construction management firm. Her job was narrowly focused on construction management for boutique buildings around the Nation’s Capital. While raising four elementary school kids, Stephanie found the time to evaluate her career: she was in a highly specialized box with little mobility. She needed to broaden her real estate skills beyond construction management to development.
- July 18, 2025
Yes, they can!
Over the last seven years, George Mason University graduate students have successfully financed real estate development through an actively-managed private equity fund. These students are enrolled in Mason’s Masters in Real Estate Development (MRED) program; and manage the multimillion-dollar Patriot Real Estate Fund as part of their coursework in the program.
Cara Williams is the Administrative Assistant for the Center for Real Estate Entrepreneurship (CREE) and the Master’s in Real Estate Development (MRED) program at the Costello College of Business.
- May 19, 2025
A long-standing rule in the real estate industry is follow the jobs. Job growth is the leading indicator of strong demand for new residences, stores and places of work. While still true, an important fine-tuning to the rule is: follow the jobs in Science, Technology, Engineering and Mathematics (STEM).
STEM jobs are the gold standard for stimulating innovation and economic growth because STEM job growth is double non-STEM growth and its salaries are nearly double non-STEM. STEM jobs disproportionately enrich regional economies resulting in a ruthless competition among every State and municipality.
- May 19, 2025
I’m thrilled to welcome you to the relaunch of the newsletter for the Costello College of Business’s Center for Real Estate Entrepreneurship and the Master’s in Real Estate Development (MRED). As the new Executive Director, I’m honored to join a community shaping the next generation of real estate professionals through its commitment to academic excellence, professional achievement, and industry engagement.
- March 25, 2025
Our spotlight this issue is on George Pratt, a member of the spring 2025 Costello College of Business MS in Real Estate Development (MRED) graduating class.
- March 19, 2025
The capstone class was designed as the culmination of the Costello College of Business's Master of Science in Real Estate Development (MRED) program. As one of their last classes, graduating students form a development team that closely simulates working in the private sector.
- July 25, 2024
For a wide range of real estate professionals, like engineers, architects, developers, planners, lenders, asset managers, attorneys, and others, the Costello College of Business’s Master of Science in Real Estate Development program can strengthen employment potential and upward career mobility.