Learn the fundamentals of real estate and build leadership skills through the core curriculum including courses in: Finance and Investment, Real Estate Economics/Market Analysis, Appraisal, Law, Financial Modeling, Leadership, Negotiations, and Sustainability.
RE: Financial Modeling for Real Estate I – EXCEL
Introduces students to commercial real estate modeling, use of Excel and handheld financial calculators. The course allows students to gain mastery and confidence in setting up and using proformas and models to analyze real estate investment, asset management, and development.
RE: Financial Modeling for Real Estate II – ARGUS
Introduces students to the software used by asset management and real estate investment companies, which is increasingly required by employers.
RE: Introduction to Real Estate
Provides a basic overview of the participants, processes, workings of different components of the real estate industry (including a variety of uses spanning from residential, office, retail and industrial to specialized) as well as the quantitative components of the real estate decision-making. Additionally, students are introduced to an overview of construction management, sustainability, corporate services, property law and ethics.
RE: Real Estate Appraisal
This course discusses valuation theory and the mechanisms underlying real estate appraisal practices. The course explores the unique market within which property interests are created, allocated or transferred, the dynamic nature of real estate values, and the valuation impacts of various external factors.
RE: Leadership in the Built Environment
Focuses on leadership principles applicable to the real estate and the built environment and helps students conduct self-assessments to understand their strengths and ways they can apply them. Addresses both organizational leadership and leadership of construction processes.
RE: Real Estate Finance and Investment
Introduces students to basic real estate finance and institutional analysis which allows them to quantify the financial implications of various real estate decisions. Among the topics covered are: basic time value of money, financial leverage, discounted cash flow analysis (individual properties and institutional portfolios), assessment of various real estate investment classes and distribution of proceeds to investors.
RE: Negotiations & Conflict Resolution
Overview of negotiation theories, approaches and tactics. Application of deal making procedures for various aspects of real estate decision making processes and audiences (e.g. government, community groups, real estate organizations and partners). Analysis of conflict resolution techniques, mediation, arbitration etc.
RE: Real Estate Law I
Focuses on the legal principles and issues essential to understanding the workings of the real estate industry including development, production, marketing, operation and transfer of real estate interests. Legal issues of real estate are explored from a macro level (e.g., growth management, real estate taxation) as well as at the micro level (e.g., entitlements, contracts, leases, financing, ownership, and transaction fundamentals).
RE: Introduction to Real Estate Economics/Market Analysis
The course introduces students to urban economies, land markets, locational decision making, and provides an in-depth examination of urban spatial structure and the economic, political, social, technological, and historical forces that shape it. It exposes students to the market analysis process and various tools and techniques that can be used to analyze and forecast supply, demand, and rental rates.
RE: Asset Management
Focuses on the fundamentals and structure of asset management from a value improvement perspective. Students are educated on the proactive manner asset managers need to respond to changing tenant needs and competitive market conditions, while focusing on the asset appreciation throughout the ownership cycle (acquisition, leasing and disposition).
RE: Best Practices in Sustainable Real Estate
The course discusses the application of the triple bottom line from a macro and micro level. At a macro level, the course analyzes the importance of sustainability in urban areas while introducing best practices for a variety of environmentally friendly and financially feasible interventions in the US and abroad. At a micro level the course focuses on the adoption of environmentally friendly improvements at a building level with various pay-back periods but long-lasting economic benefits.