Runstad’s elective courses take students deeper into the critical areas of the real estate industry. Students will be exposed to project management, market analysis and personal assessment.

RE: Sustainable Development and Regional Economics

This course will cover sustainable strategies related to land use, transportation, building construction and building operations. It examines the economic frameworks at the local and state level, as well as from the perspective of investors, developers and tenants. The course will draw on economic concepts such as income statement vs. balance sheet, value definition and value capture, public good and game theory and will make connections with analytical methods explored in other courses.

RE: Built Environment Law and Risk Mitigation

This multidisciplinary course will focus on the intersection of green, high performing buildings and the law. Topics will include: systems and standards for defining “green.”, federal, state and local regulatory landscape, assessment of risks and risk mitigation tools, professional liability, financing, and insurance and environmental and social justice issues. Students learn to identify and analyze the risks and challenges presented by high-performing buildings, and discuss ways to overcome these challenges.

RE: Affordable Housing & Development

This course is intended as a broad introduction to the field of affordable housing, which will guide the student through the affordable housing development process and the policy issues that must be addressed to successfully plan, finance, design, construct and manage affordable housing. Relationships of federal tax and budget policy, as well as the role of federal, state, local, non-profit and private sector agencies and participants will be examined.

RE: Real Estate Competition Preparation

RE: Advanced Real Estate Economics/Market Analysis

RE: International Real Estate Investment

RE: Private-Public Project Finance

The course explores creative approaches to real estate project financing involving public financing and partnerships between public agencies and private developers as well as tax and regulatory incentives offered at various levels of government throughout the USA. This overview is designed to provide students with the ability to determine whether public-private financing and/or incentives can enhance the feasibility of a project and structure a deal package appropriate to specific ownership, jurisdictional and project circumstances.