Certificate of Advanced Study in Commercial Real Estate Development
The NAIOP Certificate of Advanced Study in Real Estate Development is awarded upon the completion of four courses related to development, including Essentials of the Development Process and Advanced Development Practices, in addition to elective courses.
NAIOP courses are based upon core competencies, which are specialized categories of applied skills and established industry practices, organized into the body of knowledge, that are essential to delivering financially successful projects.
Application/Fees
Any person wanting to become a candidate for the Certificate of Advanced Study in Commercial Real Estate Development must submit the following:
- Completed certificate application
- Current resume
- One-time application fee
The program is open to NAIOP member and nonmember applicants.
What are the certificate program fees?
- Application fee: $75 member/$150 nonmember
- Extension fee*: $50 member/$100 nonmember
*This fee is for candidates who do not complete all courses with the initial 2-year timeframe.
Complete the certificate program application.
Total Costs to Complete a Certificate
Prices subject to change. Prices listed here in USD. Please see each course tuition page for prices in CAD. Applicants who have already completed a certificate can apply for a second certificate program at a reduced rate.
Please note that Basic Real Estate Finance has been rereleased in an updated, interactive format and has a higher price than the other courses. If this course is chosen as an elective, it will increase the total cost of the certificate program by $40-55 dollars depending on your registration type. Visit the course page to view prices.
Members
- Two required courses at $389 member tuition = $778
- Two electives at the $345 member tuition = $690
- Certificate application fee of $75
- Grand Total: $1,543
Developing Leader Members
- Two required courses at $280 DL member tuition = $560
- Two electives at the $240 DL member tuition = $480
- Certificate application fee of $75
- Grand Total: $1,115
Student Members
- Two required courses at $149 student member tuition = $298
- Two electives at $95 student member tuition = $190
- Certificate application fee of $75
- Grand Total: $563
Nonmembers
- Two required courses at $599 nonmember tuition = $1,198
- Two electives at $555 nonmember tuition = $1,110
- Certificate application fee of $150
- Grand Total: $2,458
Student Nonmembers
(must be currently enrolled at an accredited school)
- Two required courses at $199 student member tuition = $398
- Two electives at $145 student member tuition = $290
- Certificate application fee of $150
- Grand Total: $838
Course Offerings
What courses are available and how many are required to earn a certificate?
The course selections and requirements are listed in the illustrations below. A total of four courses are required to complete a certificate for a total of 48 hours:
- Two required core courses: 16 hours
- Two elective courses: 32 hours
- Total hours required: 48 hours
Please note that the new interactive version of Basic Real Estate Finance is an eight-hour course. If that is chosen as an elective, only 48 total hours are required to complete the certificate program.
NAIOP Course Selections
There are 10 NAIOP courses available exclusively through The Center for Education that are eligible for credit towards a certificate. All courses are accessible online and on-demand. Courses are either 16 hours long and or eight hours long.
NAIOP Core Courses |
||||
Required Courses | Introductory Level | Intermediate Level | Advanced Level | Contact Hours |
Essentials of the Development Process | ✕ | 8 | ||
Advanced Development Practices | ✕ | ✕ | 8 | |
NAIOP Elective Courses | ||||
Elective Courses (Select any 2 courses) | Introductory Level | Intermediate Level | Advanced Level | Contact Hours |
Basic Real Estate Finance | ✕ | 8 | ||
Advanced Real Estate Finance | ✕ | ✕ | 16 | |
Financial Analysis of Development Projects | ✕ | ✕ | 16 | |
Real Estate Investment and Capital Markets | ✕ | ✕ | 16 | |
Real Estate Law and Land Use Policy | ✕ | ✕ | 16 | |
Site Feasibility for Owners & Developers | ✕ | ✕ | 16 | |
Leasing, Marketing & Negotiation | ✕ | ✕ | 16 | |
Construction Management for Developers & Owners | ✕ | 16 |
Education Credits
The Center for Education assigns an educational credit value for all of its offerings.
- Credit value is based on the number of elapsed hours for each offering. Values are measured in the form of both Professional Development Hours (PDH) and Continuing Education Units (CEU).
- NAIOP is a registered provider of Learning Units (LU) through the American Institute of Architects' Continuing Education Service, which regulates the LU.
- Earned educational credit is based on confirmed completion of an offering, which is recorded in a transcript by The Center for each registered student.
- Transcripts are available to each student upon request as official documentation of their work when applying to licensing and accreditation authorities for approved educational credit.