HADM 4280: Real Estate Finance and Investments
Spring. 3 credits. Letter grades only (no audit).
Prerequisite: HADM 2221 or HADM 3210 or HADM 4200. Enrollment limited to: undergraduate students. Graduate students should enroll in HADM 6280. Co-meets with HADM 6280.
Instructors
- Alexei Tchistyi (avt33) - Spring 2024
Description
This course promotes sound real estate investment and finance decision making through the use of advanced theory and techniques in financial economics. Real estate investment decisions are made from applications of an extended version of the after-tax discounted cash flow model and other valuation models, including option pricing and regression models. Financing decisions are made using the techniques of modern financial analysis. A wide array of equity and debt financing options are considered including partnership agreements and commercial mortgages. Securitization of equity and debt claims to real estate also are covered. All types of income-producing residential and nonresidential real estate are analyzed, including hospitality properties.