Real Estate Development and Management

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Courses - January 2025

Level 1

Course details

Professional Communication for Real Estate
COMM8600

Description:

Before, during and after a real estate transaction, critical to the success of a real estate professional is communication with the client. In this course students will learn the key aspects of professional communication in the real estate industry. Students will develop an understanding of different communication modes and learn techniques of effective professional communication. Through practical exercises, students will learn to apply their skills to creating a variety of persuasive and effective documents and presentations.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Conestoga 101
CON0101

Description: This self-directed course focuses on introducing new students to the supports, services, and opportunities available at Conestoga College. By the end of this course, students will understand the academic expectations of the Conestoga learning environment, as well as the supports available to ensure their academic success. Students will also be able to identify on-campus services that support their health and wellness, and explore ways to get actively involved in the Conestoga community through co-curricular learning opportunities.
  • Hours: 1
  • Credits: 0
  • Pre-Requisites:
  • CoRequisites:

Building Systems, Construction and Design: Residential
CONS8260

Description:

Residential properties rely on a set of complex systems interacting with each other to provide optimal safety and comfort for their residents. In this course, students will gain a working knowledge of the physical aspects of building systems and real estate construction for residential properties. By focusing on building systems, including the building envelope, water and plumbing, electricity, lighting, and heating/ventilating/air conditioning (HVAC), students will build a solid understanding of how to support the development of a healthy building, how to run cost- and energy-efficient operations, and how to prevent, identify and trouble-shoot any system-related issues. Students will also develop an understanding of material selection, construction type, and other material aspects of construction.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites:
  • CoRequisites:

Procurement and Supplier Management in Real Estate
MGMT8395

Description:

Fostering relationships with a wide variety of suppliers is an essential component of real estate development and management. In this course, the students will learn the foundations of identifying and managing suppliers to successfully lead real estate procurement processes and negotiations related to development, leases and acquisitions of residential and commercial real estate. The students will focus on how to act as liaison between the client and all suppliers, designers, engineers and contractors to ensure successful and smooth operations of real estate development and management projects.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites:
  • CoRequisites:

Ethical Foundations of Real Estate Management
MGMT8405

Description:

The real estate industry embodies the ethical principles of decision-making which emphasize professional judgement, adherence to principles, responsibility for consequences, and sensitivity to the interests of all stakeholders. In this course, the students will learn the ethical principles governing the real estate profession, including the fundamentals of representing the interests of clients while acting for the common good of the community.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Managing Real Estate Development Projects
MGMT8415

Description:

Real estate development projects are complex and fast-paced, involving many stakeholders and multiple critical aspects. Using a case study approach, students will learn practical approaches to real estate development and develop relevant project management skills. Students will learn how to create a project schedule, set a budget, and effectively manage resources in the context of real estate development.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites:
  • CoRequisites:

Leading Effective Property Management Operations
MGMT8445

Description:

Running effective operations is a fundamental underpinning of the real estate property management. Real estate managers are responsible for occupant safety, functionality and efficiency of systems, meeting the legal occupancy requirements, and the profitability of the asset. In this course, students will learn operational management techniques and strategies to effectively manage facilities, including waste removal, environmental efficiency, ongoing maintenance and managing critical repairs. By applying these techniques to real-world scenarios, students will learn how to manage operational cost while generating a healthy profit.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Level 2

Course details

Career Management
CDEV8132

Description: This course focuses on career management skills needed to navigate the evolving workplace. Students will evaluate their skills, attitudes, and expectations within their chosen careers and explore emerging trends in the workplace. Students will refine their networking strategies and create marketing documents to position them for success. Mock interviews will provide the opportunity for practice, feedback, and reflection as students prepare for future interviews. Students will explore communication strategies that support workplace success and advancement. By the end of this course, students will have created a personalized career management plan.
  • Hours: 28
  • Credits: 2
  • Pre-Requisites:
  • CoRequisites:

Building Systems, Construction and Design: Commercial
CONS8270

Description:

In this course, students will continue to build on the foundation of building systems, construction and design of residential properties to learn the unique features of commercial construction and building systems. Students will learn about zoning and permits, and continue to expand their knowledge of regulations that govern commercial real estate. Students will refine their knowledge of construction materials and will apply their knowledge to the understanding of cost, financing and project management implication in commercial building construction.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites:
  • CoRequisites:

Finance for Real Estate
FIN8350

Description:

Financial planning and management drive every decision in the real estate development and management process. In this course, the students will learn the principles of effective management of real estate development and operations, including comparative rates, debt and equity structure, property appraisal, financing and ongoing operational expenses. Students will learn how to incorporate principles of financial management into development and management projects to ensure optimized profits and sustainable growth.

  • Hours: 56
  • Credits: 4
  • Pre-Requisites:
  • CoRequisites:

Legal Foundations of Real Estate Development and Management
LAW8370

Description:

Real estate specialists who bring an understanding of the intersection between law and real estate development and management are in the best position to navigate the complex real estate market. In this course, students will build a foundational understanding of property and real estate development laws in Canada and learn to apply it to property development deals, leasing and buying, zoning, taxes, and financing.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Real Estate Development and Management Capstone
MGMT8465

Description:

In this course, students will apply their knowledge of finances, applicable laws and regulations, building systems and construction, sustainability and real estate project management to create a project focusing on addressing a current issue in the real estate development and management industry. Working in groups, the students will follow a real estate issue through its life cycle and employ different communication and presentation techniques to create a compelling and polished case analysis.

  • Hours: 84
  • Credits: 6
  • Pre-Requisites:
  • CoRequisites:

Sustainable Property Development and Operations
OPER8170

Description:

Sustainable property development and management maximizes the conservation of local environment and enhances quality of life. At its core, sustainable property development and management must take into account the full life cycle of the project to fully consider the environmental impact of each stage, from location scouting to demolition. In this course, students will be introduced to the concept of sustainable property development and management through its full life cycle, and learn various strategies to plan, execute and support sustainable property development and operations.

  • Hours: 42
  • Credits: 3
  • Pre-Requisites:
  • CoRequisites:

Program outcomes

  1. Apply the principles of real estate business ethics as they apply to development, sales, and management to ensure the rights and welfare of the public are protected.
  2. Manage financial records to support the operations of a real estate company in compliance with relevant fiscal, legal, and environmental constraints.
  3. Search for and make recommendations to plan, construct, and revitalize a variety of properties and real estate projects according to economic, market, construction and systems information
  4. Use financial real estate practices to assist clients to negotiate agreements and closings with relevant external stakeholders such as brokers, advisors, solicitors, and purchasers.
  5. Model an entrepreneurial mindset by providing stakeholders with strategic real estate development and property management information to support decision-making.
  6. Interpret real estate development and management data to provide stakeholders with information to make strategic business decisions.
  7. Adhere to property management regulations, legislative requirements, safety standards, and sustainable frameworks to ensure compliance.
  8. Use current projections and project management practices to propose strategic business planning for future real estate development.
  9. Advise stakeholders on real estate operations, construction, design, and systems for development, acquisitions, financings, leasing, and sales.
  10. Develop, manage, and review project details and location budgets to carry out real estate projects accurately, on time and adhere to industry standards.