Commercial Real Estate Program:

Real Estate and Economic Development Institute


The Montclair State University Commercial Real Estate Program and future Real Estate and Economic Development (R.E.E.D) Institute have been established to provide students with the resources to succeed in the Commercial Real Estate and Real Estate Finance sectors. Located approximately 12 miles from New York City and in the heart of northern New Jersey, the University is ideally situated to expose students to industry leaders, development projects, data analysis and market trends that will shape them as the next generation of industry leaders, prepared to enter the workplace with strong analytical skills and work experience


Under the direction of Assistant Professor Joseph Nicholson, Commercial Real Estate has become one of the core programs in the Economics, Finance and Real Estate Department. The ‘core’ curriculum includes the following: Urban Economics and Market Analysis

  • Valuation and Feasibility Analysis
  • Commercial Investment, Development and Management
  • Primary Mortgage and Lending Markets
  • Commercial Property and Mortgage Portfolio Analysis
  • Real Estate Capital Markets
  • Real Estate Investment Trusts (REITs)
  • Commercial Mortgage Backed Securities (CMBS)
  • Real Estate Law
  • GIS (Geographic Information Systems)

Students will also be given the tools to help them secure the Argus Certification and Agent’s License via the New Jersey Real Estate Commission.

“A joint focus on real estate finance and economic development is a unique approach for a business school. As the cost of projects grow, an understanding of the role and availability of incentives will determine a project’s potential. Graduates who understand this will be assets to their companies.” 
—Tony Coscia
Chairman, Amtrak and Partner,
Windels Marx