The Colvin Institute of Real Estate Development is the home of the Master of Real Estate Development program at the School of Architecture, Planning and Preservation. The Colvin Institute and the MRED degree are joined in offering a comprehensive and collaborative approach to real estate education looking towards a sustainable future with an emphasis on the quadruple bottom line- that is development that is not only financially viable, but also environmentally respectful, socially responsible, and with a key 21st-century focus on beautiful and sustainable design.
The Colvin Institute supports an interdisciplinary approach to a curriculum that comprehensively covers finance and capital markets, law and public policy, structure and site design, construction management, property, portfolio and asset management as well as marketing and commercial leasing-all the aspects and phases of development.
Students benefit from the enriched programming supported by the Colvin Institute. Field work and site visits are an integral part of the curriculum, taking full advantage of the vibrant development in the nation's capital and its suburbs, the redevelopment of the post-industrial port city of Baltimore, and the challenges of developing in the environmentally sensitive watershed of the Chesapeake Bay.
The Colvin Institute supports an annual spring two-day symposium on a topic of current interest to the development, design and planning communities, as well as support for the Real Estate Review, the journal edited by the Director, which reflects the breadth of issues and topics of the comprehensive and collaborative academic MRED program. In addition the Colvin Institute supports the expansion of the program to international venues and issues, including China and India study tours for students, alumni and friends and supporters of the Colvin Institute.
The Colvin Institute was founded by a generous gift of John and Karen Colvin in January 2007. The Institute is named for John Colvin's mother, Neomie Colvin, who was Maryland's first female real estate broker. John, a successful commercial real estate developer, and his wife Karen, a professor at the University of Baltimore, provided the $3 million dollar endowment, ensuring the viability of a new generation of developers by enhancing and enriching the graduate programs in real estate development at the School of Architecture, Planning and Preservation.