F Advanced Real Estate Finance

Catalog description

Pass/No Pass or Letter Grade option. 54 hours lecture per term. This course covers real estate investment through the application of financial principles including probability, risk analysis, value relationships, and capitalization of income to make informed property investment decisions. Emphasis is placed on an understanding of investment financing options, pro forma financial statements, effects of leverage and cash flow operating statements and highest and best use. Topics include understanding market trends by real estate sector and developing strategies for decision-making alternatives for acquisition, holding period, sale, and tax-deferred exchanges. This course fulfills education prerequisite for California state licensing requirements and meets the Fullerton College certificate requirements. (Degree Credit) (CSU)