Real Estate Council of Alberta Partners with University of Alberta School of Business to Raise the Bar in Commercial Real Estate Education

Calgary, Alberta – Commercial real estate education in Alberta will take an enormous step forward with a new partnership between the Real Estate Council of Alberta (RECA) and the University of Alberta.

RECA and the Alberta School of Business at the University of Alberta have entered into an agreement that will see the University’s business school develop a completely new Practice of Commercial Real Estate course. RECA will offer the course to individuals entering Alberta’s commercial real estate sector.

“RECA is extremely excited about this new partnership,” says Council Chair, Krista Bolton. “This is the first time RECA has partnered with a university for course development. Commercial practitioners have told us the current commercial real estate education in Alberta doesn’t go far enough; the new commercial course will be a game-changer.”

The Alberta School of Business already offers real estate courses as part of its Bachelor of Commerce and MBA programs. Its experience in these areas makes it the perfect partner to develop RECA’s new leading-edge, university-level commercial real estate course.

Edmonton commercial real estate professional Chad Griffiths, who was Council Chair when RECA and the University of Alberta signed a Memorandum of Agreement, strongly supports the partnership and the new course. “From what I have seen of the planned course content, this truly is going to be the pre-eminent commercial real estate course in Canada.”

The new Practice of Commercial Real Estate course offered by RECA will launch in phases, beginning in Fall 2016. As each phases launches, RECA will incorporate it into the current Practice of Commercial Real Estate course.

The Alberta Real Estate Foundation, a funder and supporter of the Real Estate Program, has provided the Alberta School of Business with a $150,000 grant to partially fund the development of the new course.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for governing real estate, mortgage broker, property management, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA’s mandate is to protect consumers and to provide services that enhance and improve the industry and the business of industry professionals.