Real Estate Finance and Investments

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Real estate space and asset markets.
    Real estate system.
    Central place theory and the system of cities.
  In Section 2 of this course you will cover these topics:
    Inside the city i: some basic urban economics.
    Inside the city ii: a closer look.
    Real estate market analysis.
    Real estate as an investment: some background information.
  In Section 3 of this exam you will be evaluated on below listed topics:
    Present value mathematics for real estate.
    Measuring investment performance: the concept of returns.
    The basic idea: dcf and npv.
    Nuts and bolts for real estate valuation: cash flow proformas.
  In Section 4 of this course you will cover these topics:
    Advanced microlevel valuation.
    Use of debt in real estate investment: the effect of leverage.
    After-tax investment analysis corporate real estate.
    Real estate investment capital structure.
    Mortgage basics i: an introduction and overview.
  In Section 5 of this course you will cover these topics:
    Mortgage basics ii: payments, yields and values.
    Commercial mortgage analysis and underwriting.
    Commercial mortgage economics and investment.
    Introduction to commercial mortgage-backed securities.
    Real estate portfolio theory: strategic investment considerations.
    Equilibrium asset valuation and real estate price of risk in the capital market.
    Real estate investment trusts -reits-.
    International real estate investment.
    Data challenges in measuring real estate periodic returns.
    Real estate investment management: performance attribution and evaluation.
    Real options and land value.
    Investment analysis of real estate development projects: overview background.
    Investment analysis of real estate development projects: economic analysis.
    Leases and leasing strategy.