| Course ID: | REAL 5070/7070. 3 hours. |
| Course Title: | Real Estate Development |
Course
Description: | Development process with particular emphasis on analyzing the feasibility of design, location, and construction. |
| Oasis Title: | Real Estate Development |
| Duplicate Credit: | Not open to students with credit in REAL 5070S |
| Undergraduate Prerequisite: | REAL 4000 or REAL 4000H or REAL 4000E |
| Graduate Prerequisite: | REAL 7800 |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | 1. Familiarize the student with a variety of analytical tools and methods
applicable to the real estate development process.
2. Acquaint the student with current issues that will affect those individuals
who would like to be involved in property development. |
| Topical Outline: | I. Real Estate Development Concepts and Techniques
A. The Real Estate Development Process
B. Development Policy Issues
C. Site Selection Basics
D. Back-of-the-Envelope Feasibility Analysis
E. The Land Development Process
F. Site Analysis and Evaluation
G. Land Development Financing
H. Intensity of Use
I. Analysis for Redevelopment and Renovation
II. Urban Economics and Real Estate Markets
A. The Formation of Cities
B. Theories of Urban Growth
C. Urban Rent Theory
D. Real Estate Markets
E. Introduction to Real Estate Market Analysis
F. The Economic Base Model
G. The Retail Market Study
H. The Office Market Study
I. The Housing Market Study
J. The Real Estate Development Pro Forma
III. The Public Sector and Real Estate Development
A. Land-Use Regulation
B. Tax-Increment Financing
C. Brownfields
D. Wetlands
E. New Urbanism and Smart Growth |