Arizona State Univeristy MRED

There are like a million MSRE programs in the US (NYU, Columbia, MIT, Cornell, Georgetown, Johns Hopkins, USC, etc) and a million MBA - Real Estate programs (Wharton, Columbia, UNC, Texas, etc) that you should prob check out first.

If you're looking at the west coast of the US, I would pick USC over ASU just based on the alumni network. Nothing wrong with the ASU program (and they might have the best looking female undergrads in the country) but USC's program has been around for 20 more years and has a large alumni base, both for the university and the actual program.

If you're looking for something on the west coast, I would take UCLA, USC, or UC Berkley (though it has a shitty environment) over ASU. I know lots of people who have gone to ASU, and it doesn't place very well for finance as a whole. Though I don't know precisely how well ASU places into real estate, I'm sure that the aforementioned schools are all superior to ASU.

I grew up in the area so I'll chime in--if you are looking to stay in AZ post-grad and work for a smaller development shop, the MRED might be OK. Certain MRED's carry more weight then others (search the forums) and all employers will view the degree differently; some of the shops you apply to may not be familiar with the MRED at all but this is where the brand name of the school will help out. Outside of AZ, this program will be a tough sell. It is younger in comparison to other programs and you'll probably find that the alumni base is MUCH smaller (than say a USC or Cornell...just throwing names out there). Previous RE experience will help tremendously if you're pivoting into a development job. As for the program, the experience of classmates will range widely--some will have past exp. and others will be completely new to real estate. $50K is a steep price tag to pay for any 1 year degree so alumni base should play a large role in where you ultimately decide to go (this is how you'll most likely find a job). I would suggest connecting with as many alumni (from the programs you are considering) as possible and using your conversations to gauge the value of the programs themselves. Also, if you're new to RE, you should weigh salary expectations against your upfront investment as well--I've seen WP Carey U/GS in RE fin graduate and obtain similar roles as an MRED grad w/out prior experience. Just my $0.02.