REAL ESTATE FINANCE
This course provides an introduction to real estate with a focus on the valuation and financing of real estate. The following topics are expected to be covered as the course focuses on income producing properties: economic theory of real estate, valuation technique (including pro-forma cash flow projections), financing strategies, risk analysis, taxation, and the securitization of real property interests. No prior knowledge of the industry is required, but students are expected to rapidly acquire a working knowledge of real estate terminology and real estate markets. Classes are conducted in a standards lecture format with discussion required.