Real Estate Finance
The course introduces students to the basic tools of real estate analysis and finance. Topics include methods of evaluating real property, market research, the role of the real estate capital markets and the real estate development process. The course will also explore the role that both federal and local governments play in the community development process. Affordable housing and community development financing will be a significant component of the course. A variety of real estate asset classes (housing, office and retail) will be used as vehicles in exploring the real estate development cycle. The course will consist of a mix of lectures, problem sets, and case studies which will enhance the understanding of the basic real estate investment analysis. Throughout the course, students will be expected to stay abreast of current real estate and economic trends. The relevance of the current economic environment as it pertains to the course material will be discussed at each class.