Course Description
The basic principles of real estate law, markets, valuation, and finance. Designed for any graduate student with an interest in real estate decision making as well as a basis for more advanced courses.
Athena Title
Real Estate Analysis
Non-Traditional Format
Course may be offered half semester or full semester.
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
Introduction to the basic principles of real estate law, markets, valuation, and finance. Designed for any graduate student with an interest in real estate decision making as well as a basis for more advanced courses. The class emphasizes a conceptual framework for decision making in the uncertain and ambiguous environment of real estate markets. The issues covered provide an opportunity to develop quantitative tools necessary for investment analysis in businesses whose principal lines of operation may or may not be in real estate. This approach has proven to be successful in stimulating students to learn more about the real estate industry during the introductory course, as well as during the sequence's advanced offerings.
Topical Outline
Introduction and conceptual framework I. Establishing the framework* Case: Redeveloping a small income-property Anderson Street, Poorvu (27-41);(AI) Submit brief synopsis and response to discussion questions. Lecture: Real Estate Markets and Spatial Economics Lecture: Real Estate Valuation Handout Case: Conceptual framework for project evaluation and lender-developer relations Savannah West, handout Case: Project evaluation, back of the envelope SouthPark IV, Poorvu (91-102)(AG) Court House Project due nlt noon Sep 13. Case: Project economic decisions, soft markets Prospect Hill, handout;(AG) Groups submit Q2 in detail.Poorvu (Financial Analysis, 412-438); Poorvu (Taxation, 439-460) Case and Project: Financial Analysis Angus Cartwright, Poorvu (103-117); (AI) Submit per directions nlt cob Monday, Sep. 24 ... it is highly recommended that you get started now! Case: Design and Marketability Regency Plaza, handout; Poorvu (Mgmt of RE process, 411); (AG) Groups submit Q3, exhibit 5-2.