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Real Estate and Construction Certificate in Commercial Real Estate Finance

Diploma Description

To earn a certificate, students must declare their candidacy. To declare candidacy and register for upcoming courses, please contact Serena Sussman at ss18391@nyu.edu.

The Certificate in Commercial Real Estate Finance is a unique offering within the Schack Institute’s Executive Education division. This certificate is designed for the real estate industry through a partnership between the Commercial Real Estate Finance Council (CREFC) and the NYU SPS Schack Institute of Real Estate. The certificate comprises eight (8) courses total: four (4) foundational courses and four (4) electives. The courses are offered within the Schack Institute’s executive education programming. The foundational courses provide learners with critical ideas in real estate finance and economics. The elective courses assist learners in exploring the changing landscape of real estate. Those interested in exploring the certificate can review the individual detailed course descriptions, found below.

This certificate is offered to active CREFC members only. If you would like to become a CREFC member, please visit the CREFC website to learn more about how to join. Membership status must be vetted through CREFC before registering for these courses.

The tuition per course is $583.

For questions about the certificate, email the NYU SPS Schack Institute of Real Estate at schack.crefc@nyu.edu.

Sign up today, as this credential is the beginning to the next phase of your professional career!

You'll Walk Away With

  • The knowledge of key policy issues and their impact on the economic analysis of real estate decision-making
  • The ability to balance the potential for positive financial reward with concurrent exposure to risk and uncertainty in both single assets and portfolios of assets
  • The skills of interaction in regards to volatility, risk, and asset diversification
  • The knowledge of urban economics and exploration of high-density population areas and their corresponding infrastructures
  • An introduction to appropriate data sources and techniques useful in analyzing and forecasting real estate demand and supply in different markets and for different asset classes
  • The principles and instruments of real property and construction law, including contracts, development, ownership, and operations
  • Methods employed in both strategic and tactical value enhancement decision-making for real estate
  • The ability to identify sources of debt and lending risk and the economic advantages of scale

Earn a 10% DISCOUNT* on courses by declaring your candidacy for the Certificate in Commercial Real Estate Finance.1

 

Program Curriculum

COURSES THAT GIVE YOU THE SKILLS AND TRAINING YOU NEED TO START YOUR NEW CAREER

Program Curriculum

COURSES THAT PROVIDE FOUNDATIONAL INFORMATION IN THE FIELD WITH OPTIONS TO SPECIALIZE IN AN AREA RELEVANT TO YOUR NEEDS

REQUIRED COURSES

All Courses Required

Real Estate Finance

This course introduces topics in finance that relate to commercial real estate.

2025 Spring
1 section

Principles of Real Estate Law

This course teaches the principles and instruments of real property law and covers when and how to utilize the legal system.

2025 Spring
1 section

Risk and Portfolio Management in Commercial Real Estate

This course examines the methods employed in both strategic and tactical value-enhancement decision-making for commercial real estate.

2024 Fall
1 section

Real Estate Economics

This course introduces topics in real estate economics that relate to the built environment, such as agglomeration and scale economies.

2024 Fall
1 section

ELECTIVES (CHOOSE 4 OUT OF 6 COURSES)

Complete 4

Forces Shaping CRE: Technological Innovation and Disruption in Commercial Real Estate

This course is designed to address the disruptions to commercial real estate from technology by using economics, finance, and data.

Forces Shaping CRE: The Urban Built Environment After COVID-19

The course will address whether long-term economic forces that lead to density and urbanization will prevail over short-term economic fluctuations.

Commercial Real Estate Capital Markets

This course identifies the sources of debt and equity capital for CRE and the vehicles by which this capital is delivered to the property markets.

2025 Spring
1 section

Corporate Finance in Commercial Real Estate

This course is a study of the decision-making process by financial management in a corporate environment.

2024 Fall
1 section

Valuation and Feasibility Analysis in Commercial Real Estate

This course provides an introduction to the income, market, and cost approaches to commercial real estate.

2025 Spring
1 section

Urban Economic Development

This course examines the evolution in theory and practice of economic development concepts, programs, and projects in cities, particularly New York.

2024 Fall
1 section

General Admission Requirements

For those who have completed some college Completion of 32 credits with at least 2 years work experience OR 60 credits with no work experience required