Course Description
The instruments, techniques, and institutions of real estate finance; sources of funds; mortgage risk analysis: emphasis on typical policies and procedures used in financing of residential, industrial, and commercial properties.
Athena Title
Real Estate Finance
Prerequisite
Any 4000-level FINA course or REAL 4000 or REAL 4000H or REAL 4000E
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
The class focuses on the instruments, techniques, and institutions of real estate finance: sources of funds; mortgage risk analysis; emphasis on typical policies and procedures used in financing of residential, industrial, and commercial properties. It is intended to prepare individuals for future careers in real estate and finance.
Topical Outline
I. Notes and Mortgages II. Interest Rates III. Fixed Rate Mortgages IV. Adjustable Rate Mortgages V. Comparing Financing Alternatives VI. Underwriting VII. Secondary Mortgage Markets VIII. Leverage IX. Alternative Financing Structures X. Derivatives
Syllabus