Finance - Real Estate Investment

Catalog description

Students study real estate as an investment asset class. Students first study home pricing, mortgage financing, the buy-versus-rent decision, and other aspects of residential real estate. Then students study investment fundamentals of income-producing commercial property segments (multifamily, office, industrial, and retail). Students apply economic concepts and analytical models for valuing income-producing properties. Finally, students investigate investment vehicles for portfolio investment in real estate such as REITs, real estate-sensitive industrial sectors, mutual funds, and ETFs. (Not open to students with credit in FIN 400: Real Estate Investment.) Prerequisite: FIN 415 or FIN 416. Enrollment restricted.