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College of Charleston encourages students to study real estate

Real estate is an important industry in Charleston and other major cities in South Carolina. As the economy bounces back and cities look for more ways to attract new residents, commercial real estate is especially important. To ensure that Charleston stays on the cutting edge, the College of Charleston is giving students a special incentive to study commercial real estate.

A local couple recently gave the College of Charleston $250,000 to put toward undergraduate scholarships for real estate students. The college says that the money will allow 40 students to be awarded scholarships. The donors said their gift is a way of recognizing the increasingly complex nature of commercial real estate and hopes that the scholarships will help ensure College of Charleston graduates are prepared to enter the industry.

At the College of Charleston, a real estate studies degree provides students with a solid understanding of the commercial real estate system. Students will learn about the real estate development industry, real estate use markets and the real estate asset market. Additionally, students will become adept at working with ARGUS software, which is widely accepted as the best software for analyzing real estate investments. Scholarships will be awarded based on academics and an interest in commercial real estate.

Commercial real estate is an important part of Charleston. Right now, we have several new developments underway, and that trend likely will not let up soon. Hopefully the scholarships that the College of Charleston are offering will help encourage young people in South Carolina to pursue a career in the industry.

Source: Charleston Patch, "CofC Offers Scholarships for Real Estate Minors," Adam Crips, Sept. 3, 2013

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