Real Estate Finance and Investments

Catalog description

Provides an in-depth knowledge of real estate finance, mortgage valuation, real estate investment, real estate investment trusts (REITs) and the operation of the real estate capital markets. The objective is to understand the many sources and uses of capital in the commercial real estate industry. Begins with the mechanics of mortgage finance, followed by a detailed presentation of mortgage underwriting, lender ratios and discounted cash flow analysis, and an application to REIT valuation.