Development Process and Finance

Catalog description

Students in this course will study financial feasibility and economic desirability of income producing properties. They will learn various financial feasibility analysis techniques and prepare financial pro-forma models for various stages of the development process. The concepts that will be covered are net operating income, time value of money, different forms of financing, and business entities for development process. Acquisition, development, and construction (ADC) loans will be studied and student will prepare their loan amortization schedule.