Real Estate Finance

This course, offered through Schack Institute’s Executive Education division, introduces topics in finance that relate to commercial real estate. It focuses on commercial real estate as a distinct asset class and the role played by the use of debt and equity. These topics include the time value of money, methods of valuation, risk and return analysis, ownership structure, and the securitization of debt in secondary markets. The course also introduces the growing role of private sources of capital, legal instruments involved in mortgage financing, and the differences among equity providers. The course will consider the perspectives of real estate owners and lenders, as well as the risks inherent to each by considering the measurement of investment returns and risk premia. At its core, the course will address ideas in economics and finance. Substantial student participation is expected throughout the course.

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You'll Walk Away with

  • The basic concepts of real estate finance, including discount future cash flows and capitalization rates as a measure of value
  • An understanding of the motivations of capital providers and their role in real estate finance and development
  • The ability to evaluate the current state of real estate markets and the implications for real estate development and investment activities
  • A basic understanding of the evolving landscape of real estate prompted by technological change

Ideal for

  • Working professionals with an interest in understanding how principles of finance, such as discounting and portfolio management, apply to commercial real estate
  • Members of the CRE Finance Council (CREFC)

1 section

  • Spring 2023

    • Section

    • Semester

      Spring 2023
    • Date

      Jan 30 - Mar 13
    • Day

    • Time

      • Online
    • Format

      • Online
    • Sessions

    • Location

      Instructor Led
    Website registration is not available. Please call (212) 998-7150 for more information on how to enroll.
    • Jan 30 – Mar 13
    • Self-Paced
    • Mar 11 – Mar 11
    • Saturday
    • 10:00AM – 10:45AM
    • Instructor Led
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