Build your capacity to practice the business of real estate with a focus on public/private partnership, as well as housing and urban development, and a commitment to achieving The ''three E's'' of sustainability-economy, equity, and environment. The Pratt Master of Science (MS) in Real Estate Practice provides students with theoretical and practical knowledge and experience in the core disciplines of the real estate business, as follows:<br><br>Real Estate Finance<br>Students will be immersed in the financial instruments available to develop and invest in real estate. They will gain a practical understanding of the connection between markets and trends in order to analyze the financial viability of real estate proposals. The program will focus on urban economics and public and private financing to develop and invest in housing and urban development.<br><br>Real Estate Development<br>Students will obtain the fundamental skills to serve as developers and project managers in housing and urban development within public-private partnership structures. They will have a sound understanding of the development process and of how to manage an integrated, multidisciplinary process with multiple interests. The program will focus on the evolving field of sustainable development to achieve triple-bottom-line objectives.<br><br>Real Estate Investment<br>Students will develop the capacity to move beyond the development of a single project and understand the risk and cost-benefit factors associated with real estate portfolio investment. They will acquire the foundational knowledge of real estate portfolio analysis and project risk factors in portfolio acquisitions and asset management. The program will focus on cost-benefit analysis of green, high-performance, and sustainable-development portfolio strategies.<br><br>Real Estate Law<br>Students will be grounded in the regulatory and legal parameters that directly affect the development of, and investment in, the built environment. They will have an understanding of zoning and land use, land law, public-private structures, and standard legal documents in real estate transactions. The program will focus on real estate development within the framework of effective public-private partnerships.