Course

Course Description

RED 591A
Real Estate Development Principles
(3 credits)

An in-depth investigation of the principal qualitative and quantitative tools and strategies employed in real estate valuation, risk and return analysis, funding models, absorption rates, cap rates and reversion events. In addition, key legal issues and regulatory requirements impacting the ownership, control and transfer of real property are explored. The course also addresses the fundamentals of land planning, building, construction and project management in real estate development.

RED 591B
Market Segmentation and Analysis
(3 credits)

This course focuses on market analysis and market data gathering techniques necessary in developing specific market strategies for successful real estate development. Special attention will be placed on the art and science of market segmentation and the resultant strategies of imitation and innovation.

RED 691A
Real Estate Finance and Analysis
(3 credits)

An analysis of traditional methods of financial analysis and sources of real estate development financing through debt and equity. Subjects include debt structure, equity, secured mortgages, amortization, valuation, tax implications, while presenting analytical methods focusing on, residual value, development pro formas, sensitivity analysis, income streams, time value of money, income-based investment returns and reversion events.

RED 591D
Seminar: Real Estate Site Analysis and Design  
(2 credits)

This course investigates methodologies of business management issues in real estate development projects and companies. Subject matter will include organization, structure, balance sheets, intro to managerial accounting, project reporting, contracts, corporate tax issues.

RED 591C
Seminar: Public Entitlement Process
(3 credits)

An examination of the current state of property law and title transfer, the evolving nature of land use regulations, zoning, eminent domain, regulatory takings and the impact of Local, State and Federal regulatory policies and entitlement processes on contemporary real estate development. 

RED 598A
Synthesis Project #1 Comparative Analysis; In Fill Housing
(2 credits)

Integrates case-based group investigations into a specific real estate development typology addressing market segmentation, product offering, price points, building design, site planning and comparative valuation analysis.

RED 691B
Real Estate Development Project Management
(3 credits)

Exploring the strategic goals and social dynamics found in team assembly, project management, negations, conflict & risk management, community relationships and the competitive market place, Real Estate Development Management scrutinizes current project delivery strategies, including design-build, fast track, design-bid build and CM at risk.

RED 691C
Advanced Real Estate Finance and Analysis
(3 credits)

This course examines more complex sources of real estate development financing through partnerships, reits, syndications, public equity markets, secondary mortgage markets and portfolio theory equity investments while presenting analytical methods focusing on internal rates of return, hurdle rates, reversion schemes, risk benefit reviews, tax implications and equity yields.

RED 598B
Synthesis Project #2 Income Analysis; Commercial/ Retail  (2 credits)

Integrates case-based group investigations into a specific real estate development typology commercial/retail addressing income generating properties, cap-rates, NOI, absorption rates, market segmentation, product mix, income streams, building design, density, site planning and direct capital valuation analysis.

RED 691D
Contemporary Issues in Real Estate Development
(2 credits)

Addresses the role of the real estate development industry in the overall economy, its business and ethical responsibilities as well as opportunities to contribute to affordable housing, urban revitalization, brown field reclamation and sustainability.

RED 698
Capstone Project #3 Return Analysis; High Density Mixed Use 
(4 credits)

Integrates case-based group investigations into a complex urban real estate development typology addressing a variety of income generating properties, cap-rates, NOI, absorption rates, market segmentation, product offering, price points, building design, density, site planning, construction schedules & costs and net present value of equity return(s) valuation analysis.