Course Code: MBA638
Hours Distribution: 3 Lec
Course Type: Major Electives (Major E)
This course is a study of the major aspects of real estate finance and investment from the perspective of corporate, private, and public owners; investors; and users. Commercial properties will be emphasized. The course begins with an overview of the fundamentals of income producing real estate and builds on these concepts as we consider the forces that influence the cyclical, fragmented, and inherently local business of real estate investment. These foundation concepts are further considered in detail in a series of cases that will be presented and discussed in class. The course will expose students to current “real world” real estate finance and investment situations and people who shape them. It will examine the principles of real estate investment, including valuation, appraisal, financing, and development, in addition to a discussion of the mortgage market and its institutions.