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Runstad Department of Real Estate

News | August 26, 2019

‘The lack of affordable housing is actually costing us’: Cantwell promotes affordable housing bill in Spokane

Had U.S. Senator Maria Cantwell stood at 1 S. Madelia St. just a few years ago, she would have been in a used car lot. But on Tuesday, she was in the the lobby of an affordable housing complex now home to more than 100 residents. Cantwell was joined by Spokane leaders on Tuesday as…


Scholar

A-P Hurd

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Course | R E 565

Advanced Housing Studies

Advanced survey of housing. Students select a housing-related topic that serves as the basis of a quarter-long project. Also, students read key texts and articles on a range of housing-related topics and participate in seminar discussions on these readings.

Course | R E 564

Affordable Housing

Introduction to the field of affordable housing. Addresses policy issues inherent in planning, finance, design, construction, and management of affordable housing in the United States. Role of federal, state, local, non-profit, and private sector agencies and participants.

Course | R E 518

Best Practices in Sustainable Real Estate

Analyzes, at a macro level, the importance of sustainability in urban areas introducing best practices for various environmentally friendly and financially feasible interventions in the US and abroad. At a micro level focuses on adoption of environment5ally friendly improvements at building level with various pay-back periods but long-lasting economic benefits.

Degree Program

Built Environment (PhD)

Three fundamental areas of specialization in built environment knowledge and practice are offered within the BE Built Environment Doctoral Program: 1) sustainable systems and prototypes; 2) technology and project design/delivery; 3) history, theory, and representation studies. Each student will select one of these areas, within which she or he will take their advanced and specialized…

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Scholar

Chris Hellstern

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News | April 3, 2020

Coronavirus: Homeless families lose key support as schools close

In a typical year, homeless shelters experience the biggest surge in demand not during the cold winter months, but rather during the summer. In the summer, schools close and parents lose the usual daily eight hours of childcare and meals. With the additional burden of sleeping on the streets, parents seek out shelter more often, research…


Degree Program

Graduate Certificate in Housing Studies

Quality, affordable, and well-connected housing is an essential component of strong and healthy communities. Housing markets are constantly evolving and there is an increasing collaboration among public, private and nonprofit actors in addressing various housing issues. The Graduate Certificate in Housing Studies (GCHS) offers graduate students an opportunity to learn the fundamental concepts and tools…

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Scholar

Gregg Colburn

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Scholar

H. Pike Oliver

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News | May 29, 2019

Home construction continues to rise in north Snohomish County

The sounds of hammering, sawing and heavy equipment are echoing across the area these days. It’s in stark contrast to five years ago when few new homes were being built. “Back in 2014, we were one-at-a-timing it to eke our way through,” said Anthony Holbeck of Holbeck Construction & Design on Camano. “Now, it’s a…


Course | R E 401/563

Housing Markets and Policy

Aims to provide students with the tools to assess housing problems. Studies housing markets in a dynamic context, with emphasis placed on demand and supply drivers. Examines the justifications for and the basis of public sector involvement in the housing market and describe and evaluate the main policy mechanisms used such as regulation of private renting or the provision of affordable housing.

News | February 6, 2020

How a Strong Regional Economy is Effecting the Snohomish Housing Market

Economic growth doesn’t come without some burden. “We are suffering from our own successes,” said economist and UW lecturer Matthew Gardner. “We have a robust economy, and that means growing pains.” The solid economy equates to more jobs — and more people — moving to the region, putting continued pressure on infrastructure and housing markets, he said….


Course | URBDP 552 / R E 510

Introduction to Real Estate

Provides a basic overview of the participants, processes, workings of different components of the real estate industry (including a variety of uses spanning from residential, office, retail and industrial to specialized) as well as the quantitative components of the real estate decision-making. Additionally, students are introduced to an overview of construction management, sustainability, corporate services, property law and ethics.

Course | R E 416/516

Introduction to Real Estate Economics/Market Analysis

Introduces students to the urban land market in which sites and properties are embedded Covers five areas: basic economic concepts critical in the understanding of real estate markets; urban economy; land rent theory; locational analysis and decision making; and market analysis.

Scholar

James Young

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Scholar

John Fandel

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Scholar

Kelli Leith

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News | May 31, 2019

King County’s condo prices continue to fall as market gets new inventory

Though home prices in the region are not climbing as dramatically as they once were, that doesn’t mean that they’re falling. According to the latest Northwest Multiple Listing Service report, home prices for completed sales in April (the last month for which they have data) rose 2.4% across the 23-county system. Eight counties reported double-digit gains, as the hot market…


Course | R E 512

Leadership in the Built Environment

Focuses on leadership principles applicable to the real estate and the built environment and helps students conduct self-assessments to understand their strengths and ways they can apply them. Addresses both organizational leadership and leadership of construction processes.

Scholar

Matthew Disston

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Scholar

Melissa Best

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Course | R E 514

Negotiations and Conflict Resolution in the Built Environment

Overview of negotiation theories, approaches and tactics. Application of deal making procedures for various aspects of real estate decision making processes and audiences (e.g. government, community groups, real estate organizations and partners). Analysis of conflict resolution techniques, mediation, arbitration, etc.

Scholar

Nicole DeNamur

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Scholar

Pat McCabe

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Degree Program

PCE Certificate in Commercial Real Estate

Commercial real estate is the raw material of a region’s economy. The Seattle market is experiencing huge growth, which means both increased opportunity and heightened competition. Staying current and getting an insider’s perspective on the industry can give you the edge you need to succeed. In this three-course program, we’ll explore commercial real estate as…

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Scholar

Pete Stone

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News | May 5, 2020

Population Health Initiative announces award of 21 COVID-19 rapid response grants

The University of Washington Population Health Initiative announced the award of approximately $350,000 in COVID-19 rapid response grants to 21 different faculty-led teams. These teams are composed of individuals representing 10 different schools and colleges. Funding was partially matched by additional school, college and departmental funds, bringing the total value of these awards to roughly $820,000. “A…


Course | R E 542

Private – Public Project Finance

Explores creative ways of project financing through public and private partnerships in the form of incentives (e.g. TIF, LIHTC, Brownfield development incentives, etc.) currently offered by different government levels throughout the USA. Prepares to identify the incentives for a project and structure a deal package based on a project's parameters.

Degree Program

Real Estate (MS, Minor, Cert, PCE)

Our mission is: To be one the world’s leading academic centers in real estate, through the promotion of excellence in research and educational programs in an intellectually stimulating, creative and innovative environment and that engages with and empowers real estate leaders and the community to transform our built environment To achieve this we aim to:…

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Course | URBDP 551 / R E 517

Real Estate Asset Management

Focuses on the fundamentals and structure of asset management from a value improvement perspective. Students are educated on the proactive manner asset managers need to respond to changing tenant needs and competitive market condition, while focusing on the asset appreciation throughout the ownership cycle (acquisition, leasing and disposition).

Course | R E 550 / URBDP 578

Real Estate Development

Introduction and survey of processes and people involved in developing real estate, including issues of site control, public/private approvals, feasibility analysis, project financing, design/construction, marketing, and asset management.

Course | R E 363

Real Estate Development Process

Real estate development sits at the heart of the built environment, interacting with urban planners, landscape architects, architects, financiers, construction managers and end users. An understanding of the key decision making that underpins development is a vital part in understanding what is developed, where and when.

Course | URBDP 513 / R E 551

Real Estate Development Studio

The Real Estate Development studio is a required for the MSRE option in RE Development. The focus of the course has been traditionally on competitions. The course will continue to focus in commercial real estate competitions (NAIOP) and projects in the autumn quarter, however a focus on affordable housing will be the emphasis while pursuing the Bank of America's affordable Housing Challenge in the winter and spring quarter.

Course | URBDP 554 / R E 513

Real Estate Finance and Investment

Introduces students to basic real estate finance and institutional analysis allowing them to quantify the financial implications of real estate decisions. Topics include: basic time value of money, financial leverage, discounted cash flow analysis (properties and institutional portfolios), assessment of various real estate investment classes and distribution of proceeds to investors

Course | R E 360

Real Estate Market Analysis

The course is designed to introduce students to basic elements of real estate markets studies for different uses. It begins with an overview of the basic steps regardless of real estate use followed by the analysis of data sources, public policy issues affecting cities and their economy and software available to analyze different market patterns.

Scholar

Rebecca J. Walter

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Scholar

Scott Osborne

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Scholar

Shannon Affholter

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Scholar

Simon Stevenson

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Scholar

Sofia Dermisi

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Course | R E 597

Spatial Analysis of Real Estate and Housing Markets

Spatial analysis of real estate and housing market data. Methods in quantitative analysis of spatial data. Methods are applied to a variety of housing and real estate data sets to inform business decisions and policy making. Exploratory data analysis, spatial interpolation, and spatial regression.

News | August 14, 2019

Tech companies step up to fund affordable housing, but experts say it’s not enough to curb shortages

Microsoft pledged $500 million for affordable housing in January. Five months later, Google said it would invest $1 billion to help the Bay Area housing crisis. Amazon and Salesforce also announced contributions of their own this year. Major tech companies are stepping up to help mitigate affordable housing shortages, caused in part by the influx of high-income labor they have imported to the…


News | December 16, 2019

The Central District has lost over a dozen of its Black churches. The rest may still be saved

There’s little doubt that The Nehemiah Initiative faces an immense challenge combating the displacement of African Americans from central Seattle. When you drive through the Central District today, you see gentrification in its stark reality. New market-rate buildings line the intersections of 23rd Avenue and East Union Street, as well as 23rd and South Jackson…


Scholar

Tim Overland

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Course | R E 553, URBDP 553

Urban Land Economics

Introduces urban economics, land markets, and locational decision making; and examines urban spatial structure and the economic, political, social, technological, and historical forces that shape land values and uses. Uses applied spatial analytical tools including geographic information systems and geodemographic software.

News | October 1, 2019

Urban Scholar Highlight: Rachel Berney

Rachel Berney is an Assistant Professor in the Department of Urban Design and Planning, Adjunct Assistant Professor in Landscape Architecture, an Urban@UW Fellow, and author of Learning from Bogotá: Pedagogical Urbanism and the Reshaping of Public Space. Her primary interests include community sustainable design, public space, and international development in the Americas, as well as…


News | June 4, 2020

Will the Spokane housing market weather the storm? Homebuying during the pandemic remains competitive and continues to favor the seller

Beth and Larry Belcher found the perfect home in Spokane, but it wasn’t easy. The couple was aware of Spokane’s housing market dynamics: low inventory, rising prices and high demand. But they didn’t expect to overcome an additional hurdle of searching for a home during a pandemic. “Looking for homes during COVID-19 was a little…


News | April 14, 2020

Zillow and Redfin’s guesswork has changed how we see prices

In 2016, Spencer Rascoff sold one of his homes, a Madison Park three-story, for $1.05 million. Days later, Seattle-based Zillow estimated the value of that house at $1.75 million. Here’s the real estate rub: Rascoff was Zillow’s CEO. If an extreme example of an errant “zestimate,” the PR debacle points to a curiosity. Zillow and Redfin…