Real Estate Management Program: Finance, Design, and Leadership
- Dates: 03–08 NOV 2024
- Format: In-Person Learning takes place on the HBS campus or a designated location.
- Location: HBS Campus
- Fee: $14,500
The program fee covers tuition, books, case materials, accommodations, and most meals.
Application Due: 24 OCT 2024
"The program provided a framework for making design and market-oriented decisions effectively."
Summary
In today's increasingly unpredictable, competitive real estate sector, your ability to make the best decisions requires a thorough grasp of how the industry is evolving and how the relationships among design, development, financing, and investment are changing.
This program prepares you to succeed in a complex market by taking a holistic approach to real estate projects and addressing challenges from a cross-disciplinary perspective. As you examine sustainability goals, design considerations, financing strategies, industry relationships, new technologies and key issues confronting leaders in different segments of the industry, you will develop a new ability to make informed decisions that help you make the most of new opportunities.
This program is presented jointly with the Harvard University Graduate School of Design.
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Summary
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In today's increasingly unpredictable, competitive real estate sector, your ability to make the best decisions requires a thorough grasp of how the industry is evolving and how the relationships among design, development, financing, and investment are changing.
This program prepares you to succeed in a complex market by taking a holistic approach to real estate projects and addressing challenges from a cross-disciplinary perspective. As you examine sustainability goals, design considerations, financing strategies, industry relationships, new technologies and key issues confronting leaders in different segments of the industry, you will develop a new ability to make informed decisions that help you make the most of new opportunities.
This program is presented jointly with the Harvard University Graduate School of Design.
DetailsExpand AllCollapse All
Pursue the right opportunitiesPursue the right opportunities
- Identify and analyze emerging opportunities across real estate sectors from housing to commercial space to mixed-use space and beyond
- Employ industry innovations for competitive advantage
Effectively lead projects and organizationsEffectively lead projects and organizations
- Develop the optimal financing approach
- Create more value through healthy, sustainable, and climate-friendly design
- Deliver projects on time and on budget
- Build and contract with industry talent
Expand your personal and professional networkExpand your personal and professional network
- Extend your network by living and working with accomplished executives from various roles, backgrounds, and countries across the globe
- Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions
Pursue the right opportunities
- Identify and analyze emerging opportunities across real estate sectors from housing to commercial space to mixed-use space and beyond
- Employ industry innovations for competitive advantage
Effectively lead projects and organizations
- Develop the optimal financing approach
- Create more value through healthy, sustainable, and climate-friendly design
- Deliver projects on time and on budget
- Build and contract with industry talent
Expand your personal and professional network
- Extend your network by living and working with accomplished executives from various roles, backgrounds, and countries across the globe
- Build relationships with a diverse group of peers who can provide wide-ranging insights into your business challenges and career decisions
Who Should Attend
- Real estate owners, operators, and private real estate developers
- Lending officers, investors, REIT officers, and fund managers and advisors
- Real estate industry service providers, such as financial analysts, lawyers, architects, and urban planners
While the program is designed primarily for executives with significant real estate industry experience, it is also appropriate for executives from a wide range of backgrounds, including industry newcomers.
The program welcomes individuals or teams. Attendance by multiple company representatives will foster collaboration and amplify the program's impact.
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Who Should Attend
-
- Real estate owners, operators, and private real estate developers
- Lending officers, investors, REIT officers, and fund managers and advisors
- Real estate industry service providers, such as financial analysts, lawyers, architects, and urban planners
While the program is designed primarily for executives with significant real estate industry experience, it is also appropriate for executives from a wide range of backgrounds, including industry newcomers.
The program welcomes individuals or teams. Attendance by multiple company representatives will foster collaboration and amplify the program's impact.
Dive Deeper into the ExperienceSee how exchange with faculty and peers yields new insights into critical business trends.Thrive in a learning environment that welcomes diverse ideas and perspectives.Global perspectives > Leadership growth > Organizational impact.
Learning and Living at HBS
When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.
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Learning and Living at HBS
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When you participate in an Executive Education program on the HBS campus, you enter an immersive experience where every aspect of the learning model has been carefully designed to facilitate your growth. Your learning will take place on your own, in your living group, and in the larger classroom, driven by the renowned HBS case method.
Admissions Criteria and Process
Answering Your Questions
Application Submission
Application Review
Fee, Payment, and Cancellations
Answering Your Questions
Application Submission
Application Review
Fee, Payment, and Cancellations
What You Will Learn
Through faculty presentations, case studies, interactive exercises, simulations, and small group discussions, you will discover how forward-thinking leaders in diverse real estate industry segments are positioning their firms for growth. As you move through the industry-spanning curriculum, you will be able to practice what you have learned.
You and your industry peers will examine real estate challenges from all angles, gaining insights into project design and development, finance, strategy, and leadership. You will develop new ability to move quickly on new opportunities, increase resilience, maximize asset value, and set a direction for long-term success.
Participants should expect to spend at least 9-12 hours on self-paced case preparation prior to attending the program. Case materials will be made available approximately two weeks prior to program start. Optional sessions at the start of the program may be helpful for executives who are newer to the industry as well as those who want a refresher on financial subjects such as stabilized building ROI and discounted cash flow.
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What You Will Learn
-
Through faculty presentations, case studies, interactive exercises, simulations, and small group discussions, you will discover how forward-thinking leaders in diverse real estate industry segments are positioning their firms for growth. As you move through the industry-spanning curriculum, you will be able to practice what you have learned.
You and your industry peers will examine real estate challenges from all angles, gaining insights into project design and development, finance, strategy, and leadership. You will develop new ability to move quickly on new opportunities, increase resilience, maximize asset value, and set a direction for long-term success.
Participants should expect to spend at least 9-12 hours on self-paced case preparation prior to attending the program. Case materials will be made available approximately two weeks prior to program start. Optional sessions at the start of the program may be helpful for executives who are newer to the industry as well as those who want a refresher on financial subjects such as stabilized building ROI and discounted cash flow.
Key TopicsExpand AllCollapse All
Health, housing, and sustainabilityHealth, housing, and sustainability
- Designing healthy, functional, and sustainable buildings
- Achieving profitability in sustainable development
- Assessing the future of housing
- Analyzing the role of affordable housing
- Revitalizing urban areas
- Addressing differing local standards and regulations in development projects
Design, development, and operations in the era of climate changeDesign, development, and operations in the era of climate change
- Creating climate-friendly buildings
- Employing new green construction materials and technologies
- Evaluating property natural disaster risk accurately; considering regional differences
Successful projects and organizationsSuccessful projects and organizations
- Employing the services of contractors
- Constructing and implementing effective communication strategies
- Using scenario planning to minimize surprises and evaluate options
- Overcoming labor challenges, including shortages, employee retention, and tensions within teams
- Managing in a crisis
- Leading through periods of market and industry change
- Structuring your organization for long-term success
Disruptive trendsDisruptive trends
- Analyzing the impact of new business models such as short-term rentals and online travel booking platforms
- Evaluating how people will work; exploring emerging innovations in office space design, delivery and operation
- Applying data analytics, artificial intelligence (AI), machine learning, and generative AI for strategic advantage
- Assessing automated valuation models (AVM)
Deals and capital marketsDeals and capital markets
- Assessing alternative approaches to financing development projects
- Evaluating projects and properties from the investor's perspective
- Organizing joint ventures and private equity investors
- Taking advantage of Real Estate Investment Trusts (REITs)
- Executing mortgages in the context of shifting capital markets
- Maximizing the value of distressed assets
- Assessing the impact of the global economy on your business and its governance
Health, housing, and sustainability
- Designing healthy, functional, and sustainable buildings
- Achieving profitability in sustainable development
- Assessing the future of housing
- Analyzing the role of affordable housing
- Revitalizing urban areas
- Addressing differing local standards and regulations in development projects
Design, development, and operations in the era of climate change
- Creating climate-friendly buildings
- Employing new green construction materials and technologies
- Evaluating property natural disaster risk accurately; considering regional differences
Successful projects and organizations
- Employing the services of contractors
- Constructing and implementing effective communication strategies
- Using scenario planning to minimize surprises and evaluate options
- Overcoming labor challenges, including shortages, employee retention, and tensions within teams
- Managing in a crisis
- Leading through periods of market and industry change
- Structuring your organization for long-term success
Disruptive trends
- Analyzing the impact of new business models such as short-term rentals and online travel booking platforms
- Evaluating how people will work; exploring emerging innovations in office space design, delivery and operation
- Applying data analytics, artificial intelligence (AI), machine learning, and generative AI for strategic advantage
- Assessing automated valuation models (AVM)
Deals and capital markets
- Assessing alternative approaches to financing development projects
- Evaluating projects and properties from the investor's perspective
- Organizing joint ventures and private equity investors
- Taking advantage of Real Estate Investment Trusts (REITs)
- Executing mortgages in the context of shifting capital markets
- Maximizing the value of distressed assets
- Assessing the impact of the global economy on your business and its governance
The HBS Advantage
Our Executive Education programs are developed and taught by top faculty who are widely recognized as skilled educators, groundbreaking researchers, and award-winning authors. Through their board memberships, consulting, and field-based research, they address the complex challenges facing business leaders across the globe.
Associate Professor in Practice of Real Estate and the Built Environment
Associate Professor of Exposure Assessment Science
Jose Luis Garcia del Castillo Lopez
Lecturer in Architecture
Lecturer in Urban Planning and Design
Adjunct Lecturer in Public Policy
Assistant Professor in Practice of Architecture
Assistant Professor of Architecture
Visiting Professor of Business Administration
Torstein Hagen Associate Professor of Business Administration
Arjun and Minoo Melwani Family Associate Professor of Business Administration
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The HBS Advantage
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Our Executive Education programs are developed and taught by top faculty who are widely recognized as skilled educators, groundbreaking researchers, and award-winning authors. Through their board memberships, consulting, and field-based research, they address the complex challenges facing business leaders across the globe.
Faculty CochairsHarvard University Graduate School of Design:Associate Professor in Practice of Real Estate and the Built Environment
FacultyHarvard T.H. Chan, School of Public Health:Associate Professor of Exposure Assessment Science
Jose Luis Garcia del Castillo Lopez
Harvard University Graduate School of Design:Lecturer in Architecture
Harvard Kennedy School:Lecturer in Urban Planning and Design
Harvard Graduate School of Design:Adjunct Lecturer in Public Policy
Harvard Graduate School of Design:Assistant Professor in Practice of Architecture
Harvard University Graduate School of Design:Assistant Professor of Architecture
Visiting Professor of Business Administration
HBS Unit:Entrepreneurial ManagementTorstein Hagen Associate Professor of Business Administration
HBS Unit:FinanceArjun and Minoo Melwani Family Associate Professor of Business Administration
HBS Unit:Strategy
Your Peers Expand Your Learning
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Your Peers Expand Your Learning
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Global PerspectiveExperience the world in your classroom.Global PerspectiveExperience the world in your classroom.4%Africa10%Asia Pacific14%Europe18%Latin America13%Middle East41%North America4%Africa10%Asia Pacific14%Europe18%Latin America13%Middle East41%North AmericaExperienceExperienceYears workedYears workedExperienceYears workedLess than 10 yearsLess than 10 years10-14 years10-14 years15-19 years15-19 years20-24 years20-24 years25-29 years25-29 years30-34 years30-34 years35-39 years35-39 years40 years or more40 years or moreLess than 10 yearsLess than 10 years10-14 years10-14 years15-19 years15-19 years20-24 years20-24 years25-29 years25-29 years30-34 years30-34 years35-39 years35-39 years40 years or more40 years or more