Real Estate Capital Markets

This course identifies the sources of debt and equity capital for commercial real estate, and the vehicles by which this capital is delivered to the property markets. In covering these topics, the course analyzes the 'four quadrants' of capital: private debt, public debt, private equity and public equity, including class discussions and exercises in the structure and pricing of CMBS and CRE CDO, and the performance and valuation metrics of equity REITs.