Auburn University Institute for Real Estate Development

INDUSTRY RESEARCH AND EDUCATION ELEVATING A RENOWNED PROGRAM Building on the foundation of Auburn’s Master of Real Estate Development program (MRED) program, Auburn’s new Institute for Real Estate Development (the Institute) will be a world-class institute designed to bring greater expertise, professionalism, training, and talent to the industry. Advancing and supporting real estate development and investment education at both the undergraduate and graduate level, the Institute will elevate Auburn’s existing program by: • Attracting top students and providing a real-world, practical education that develops tomorrow’s leaders in real estate development and investment • Fostering industry-relevant research to inform best practices, including creating and disseminating expert analyses, market forecasts, and other empirical studies • Supporting professional development and continuing education for industry practitioners through access to up-to-date learning methods, experienced instructors, and leading professionals from across the industry • Emphasizing programming on topics and issues that lie at the intersection of real estate and technology • Providing sector-specific courses and certificates designed to advance practicing professionals

MCCLAIN TOWERY ’03, ’14 After graduating from Auburn with a bachelor’s degree in civil engineering, McClain spent a decade in land design and development before starting Towery Development in 2012, a company focused on urban core real estate development and investment projects. He began pursuing a master’s degree from Auburn’s MRED program at the same time. He graduated in 2014 at the top of his class and is currently on Auburn’s MRED Alumni Council and Advisory Board. “In short, Auburn’s MRED program provided me with confidence. Leveraging my knowledge as a civil engineer and my experience in land design, the MRED program positioned me to take on new development ventures from the business side, creating a portfolio of innovative real estate holdings. A new Institute of Real Estate Development will guide Auburn to the forefront of the industry on a national and international scale.”

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