REAL 603 - Real Estate Finance, Underwriting, and Risk Analysis

Prerequisite, admittance to the M.S. in Real Estate program. With an emphasis on case studies and computer applications, this course provides an examination of debt and equity financing for residential and commercial real estate properties, a foundation in real property valuation and underwriting, the impact of monetary and fiscal policies on real estate and mortgage markets, and the debt and equity financing alternatives available in the capital markets. Other topics include real estate cash flow analysis, risk analysis, secondary mortgage markets, and securitization. Letter grade. (Offered fall semester.) 3 credits