Master of Science in Real Estate and Infrastructure (part-time)
Johns Hopkins Master’s in Real Estate and Infrastructure courses are taken within a true business school. Learn alongside students and faculty of different industries and backgrounds with like business mindsets, through the Edward St. John Real Estate Program. Build multidisciplinary skills that will help you thrive in and out of real estate, regardless of market conditions.
Johns Hopkins Carey Business School’s part-time Master of Science in Real Estate and Infrastructure program has been a leader in real estate education for more than 20 years. The flexible format provides working professionals with the option of remote live, synchronous courses to continue to maintain your career. Our innovative curriculum delivers additional flexibility in selecting courses for a customized focus on specific real estate topics including health care real estate, contemporary issues in the industry, and negotiation.
Program details
Financial Aid & Scholarships
Program Features
The part-time Master of Science in Real Estate and Infrastructure program is built upon the fundamental pillars of data, decisions, policy, and community. These pillars apply to commercial real estate professionals and entrepreneurs from entry- to executive level. This program will prepare you to both anticipate and influence the evolution of real estate in—and for—your community.
Networking opportunities
Leverage the power of our alumni network and forge meaningful, lasting connections with real estate professionals who bring deep industry experience and a shared commitment to helping you grow, lead, and build for what’s next.
Flexible format
The fully online, flexible format allows you to complete the program while continuing your personal and professional obligations. Create a schedule that works for you and customize your electives to align with your career goals.
Edward St. John Real Estate Program
This program is made possible by the generous support of Edward St. John, a real estate visionary committed to shaping the future of the built environment. Learn fresh, innovative approaches to real estate development.
Relevant, practical, and applicable
Gain insights from expert faculty and adjunct practitioners who are leaders and innovators that bring real-world expertise directly into the classroom.
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Real Estate and Infrastructure New York City Trek
Carey students, faculty, and staff from the Real Estate and Infrastructure program traveled to New York City in January 2024 for the Real Estate and Infrastructure annual experiential learning trek. The trip included visits to 3 World Trade Center, the New York Stock Exchange, and W.P. Carey for tours of the facilities. Read more“The New York City trip helped overcome the main challenge of being a part-time, remote student–connecting with other students, faculty, and staff. It was an added bonus to discuss things like electives. I left the trip feeling more connected to the school, faculty, and staff, with an even greater sense of pride in the program. The trip was well-organized, and I’m thankful for the opportunity to participate.”
– Bentley Sam '25, Manager, Real Estate at Norfolk Southern
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- Collect, read, and analyze real estate data
- Understand zoning regulations and anticipate changes to land use laws
- Understand pertinent mega-trends and engage at the frontiers of real estate
- Influence the direction of development
- Build your personal and professional real estate network
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- 38% female / 63% male
- 3.24 average undergraduate GPA
- 8.3 average years of full-time work experience
- 1 country represented
- 30 average age
With help from faculty experts, a curriculum focused on functional skills, and a hands-on learning experience, Chris Agorsor (Real Estate and Infrastructure ’17) was able to directly apply his skills from Carey to position his company to take on $2 billion in funds. Hear how the Real Estate and Infrastructure program prepared him.
Curriculum
For over 30 years, the Edward St. John Real Estate Program at Johns Hopkins Carey Business School has featured a powerful combination of research-focused faculty members and practitioners who are leading experts in their fields. The part-time Real Estate and Infrastructure program features an in-person residency of your choice to gain hands-on experience and networking opportunities with your peers, Johns Hopkins alumni, and experts in the industry.
The latest edition of the Carey Business School University Catalog is available.
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The part-time Master of Science in Real Estate and Infrastructure program is built on the pillars of data, decision-making, policy, and community. These foundations empower real estate professionals and entrepreneurs across all career stages. Whether you're deepening your expertise or transitioning from a related field, this program prepares you to anticipate market shifts, influence policy, and make a meaningful impact on the communities you serve. Stay ahead of the industry with a forward-looking curriculum that explores the key trends shaping real estate today. The part-time program prepares future leaders and change-makers to drive what comes next.
Those trends include:
- Affordable housing
- Sustainability in real estate (green building, zero carbon, zero emissions)
- Climate resilience
- Financing (private equity, crowdfunding)
- Data (accessibility)
- Participatory governance
- Tax and regulation (regulatory changes to close loopholes)
Curriculum features:
- Core real estate classes and future-focused real estate electives
- Capstone project to apply classroom knowledge to real-world challenges
- Case studies in partnership with the Johns Hopkins alumni community, including companies like Fannie Mae, Angelo Gordon, and Hillwood Properties
- Experiential learning courses featuring a part-time internship with a local or national real estate firm
Fast Track Certifications:
- Argus
- CCIM
- LEED
- WELL
- Appraisal Institute
Required courses (16 credits):
Business Foundations (3 courses, 6 credits)
- BU.120.601 Business Communication
- BU.131.601 Business Leadership and Human Values
- BU.510.601 Statistical Analysis
Functional Core (5 courses, 10 credits)
- BU.241.620 Design and Construction Feasibility
- BU.241.745 Fundamentals of Real Estate Valuation and Investment
- BU.245.790 Real Estate and Infrastructure Capstone
- BU.242.601 Real Estate Market Feasibility Study
- BU.241.630 Real Estate Products and Emerging Trends
Elective courses (Choose 7 courses, 14 credits):
- BU.241.750 Advanced Valuation and Investment Analysis
- BU.152.740 CityLab Catalyst: Business Innovation for Social Impactﾠ
- BU.152.745 CityLab Practicum: Social Impact Projectﾠ
- BU.241.725 Global Perspectives in Real Estateﾠ
- BU.241.780 Health Care Real Estate
- BU.241.735 Infrastructure Development for Sustainable Cities
- BU.241.640 Net Zero Real Estate
- BU.241.740 Project Finance & Public-Private Infrastructure Delivery
- BU.242.720 Real Estate Capital Market Analysis
- BU.242.710 Real Estate Funds and Portfolio Management
- BU.241.610 Real Estate Investment and Development
- BU.242.701 Real Estate Investment Trusts: Analysis and Structuring
- BU.241.705 Selected Topics in the Real Estate Industry
- BU.241.770 Smart Growth, Infrastructure and Real Estate Development
- BU.241.760 Strategic Commercial Leasing
- BU.241.650 The Evolution of Housing, Property, and Public Finance Policy
- BU.241.625 The Legal and Public Policy Landscape of Real Estate
- Carey Elective of Choice
Optional Residency
Participate in an optional residency of your choice to gain experience working alongside experts in the industry.
Program Comparison
- Fully online, 2 years
- Working professionals, career switchers, leadership development
- Optional residency of your choice
- Focus on alternative real estate, real estate infrastructure, finance, and sustainability
- Fully online, 2-6 years with optional in-person experiences
- Working professionals, career switchers, leadership development
- Broader business foundations in leadership, marketing, AI, finance, operations
- Customizable with choice of eight specializations
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Gain hands-on experience and networking opportunities with Johns Hopkins alumni and experts in the industry.
Residencies typically feature:
- Conferences or summits on important real estate topics such as real estate health care, real estate technology (Prop tech), and community investing and affordable housing
- A visit with a city planning or economic development department to explore strategic planning, data collection and analysis, and how to connect urban planning with community macro issues (crime, employment, property values, health, etc.)
- Projects like preparing a plan for a failing development and presenting it to a planning department
Go beyond the classroom
Your business education doesn’t end in the classroom. Step out of your comfort zone as you partner with students across Johns Hopkins and businesses to take your learning to the next level.
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Throughout your program and beyond, Carey career and leadership coaches and employer relations industry specialists provide you with the support, resources, and opportunities you need to achieve your unique career goals.
Explore career outcomes of our MS in Real Estate and Infrastructure alumni
- Acquisitions analyst for universal owners (endowments, foundations, sovereign wealth funds)
- Asset manager
- Associate for private equity
- Director of development - private sector
- Director of environmental social governance (ESG) for a real estate investment trust (REIT)
- Director of finance/development - public sector (county/state level)
- Loan originations and servicing
- Real estate development
- Real estate entrepreneurship
- Sales/leasing/property management for investors
Networking opportunities
Alumni from the Johns Hopkins Real Estate and Infrastructure program are a powerful and extensive network of 1,000+ members who want to help you succeed.
- Real Estate and Infrastructure Advisory Board: Members of the Real Estate and Infrastructure Advisory Board help continually evaluate and update our curriculum to account for the latest real estate trends. They also serve as guest speakers in the program to offer insights and networking opportunities from influential real estate practitioners at real estate firms.
- Alumni forum: The Johns Hopkins Carey Business School Real Estate Alumni Forum—known as Carey REAF—promotes and facilitates relationship building between students, alumni, faculty, Advisory Board members, and real estate industry leaders. The group holds educational and social events, and opens opportunities for events hosted by local, regional, and national real estate professional organizations.
Keep up to date with the MS Real Estate and Infrastructure program
- Quarterly JHU Real Estate Market Update Newsletter: A quarterly market report newsletter for our alumni, from leading commercial real estate firms about real estate finance, capital markets, and the real estate economy. (coming soon)
- What’s Next in Real Estate Speaker Series: An ongoing series focused on challenges, uncertainties, or innovations in the real estate industry. Dean Alex Triantis facilitates each event, featuring distinguished Carey alumni and industry leaders.
Attend an event
Carey Business School offers admissions events for prospective students to connect with our admissions team. Through online sessions and in-person regional events, the Carey team is here to answer your questions and support your business school journey.
Connect with a Carey student or alumni
Our students come from all over the world and represent all of the different graduate business programs we have here at Carey. Connect with one of them directly to learn more about life at Carey.