College of Charleston launches commercial real estate minor
The College of Charleston officially launched its commercial real estate minor program this semester.
The minor is being offered through the Carter Real Estate Center at the School of Business. The curriculum includes classes in principles of real estate and finance, in addition to electives on topics such as market analysis, investment analysis and urban economics.
The program is offered to students from a number of different majors, including finance, historic preservation, urban studies, political science, communications hospitality and tourism management, officials said.
The college has been trying to expand its real estate program. That job falls to Elaine Worzala, who was named director of the Carter Real Estate Center this year. Worzala previously was a professor of real estate at Clemson University’s School of Business and director of the Richard H. Pennell Center for Real Estate Development.
The college’s new minor offering coincides with a rebound in the region’s commercial real estate market. The Greater Charleston market had a 290 percent jump in commercial transactions, according to the local office of Colliers International.
Mount Pleasant-based Tidelands Bank has earmarked $100,000 to help the Lowcountry Housing Trust make loans. It goes into a fund the nonprofit operates to provide low-cost financing for affordable housing in the region. The Tidelands’ deal follows a $500,000 investment from PNC Bank.
The local housing nonprofit is putting together a master plan to address the need for more affordable homes in the Charleston region.
Reach Tyrone Richardson at 937-5550.