2.3 GPA, 680 GMAT, USC's Masters in RE Development: Do I have a chance?

As the title says, I am wanting to get into USC's Masters in RE Development program.

I have a very low GPA of 2.3 from a University in the Top 50. The GPA came about from a mix of personal family problems at home to not giving a crap.

I got a 680 on my GMAT.

I have 5 years work experience in real estate - Asset Management managing a large 2MM SF portfolio across the US, Commercial Credit Analysis, and Commercial Brokerage. I would be able to get a couple stellar recommendations from owner's and principles. I am very active in ULI, BOMA, and IREM.

I truly believe I would be a great fit for their program, as I think I have a solid and well rounded background in multiple areas of real estate. I am well aware I really screwed up back in college. I plan on following the study program that one of WSO's users posted to get a 770 and shoot for a higher GMAT.

The question I have for you guys, do I have a chance in hell? Are there any other programs worth looking at for real estate on the West Coast?