Schack Institute of Real Estate
Real Estate Finance
This course investigates the institutions, instruments, and structures by which real estate investments are financed. It reviews capital markets, the sources and uses of real estate funds, components of a capital structure, and the role of government in real estate finance. Students apply core financial principles to real estate, and become acquainted with different methods used by professional investors to evaluate commercial real estate acquisitions and development opportunities including common formulas, financial projections and models. Risks and strategies employed by commercial real estate investors are also reviewed.