HADM 4205: Real Estate Financial Modeling

Fall, Spring. 3 credits. Letter grades only.

Prerequisite: HADM 3210 or HADM 4200 and have taken or concurrently taking HADM 4280. Elective. Graduate students must enroll in HADM 6205. Co-meets with HADM 6205.

Daniel Lebret (dl255) – Fall 2017
Daniel Lebret (dl255) – Fall 2018
Daniel Lebret (dl255) – Spring 2018
Daniel Lebret (dl255) – Spring 2019

This course covers the basic financial models and frameworks used throughout the real estate industry today. In this introductory course, students will focus exclusively on a rigorous cash flow construction and scenario analysis to include the impact of deterministic inputs in ex-ante decision making. The course covers extensively the modeling of simple lease structures (for different property types), conventional and exotic debt instruments and simple equity waterfalls.