Real Estate Capital Markets

3 credits · Graduate

This course seeks to acquaint the student with the structure, instruments, and institutions of real estate capital markets. In so doing, the course considers the linkages between real estate and general capital markets. The course also reviews the major features of both residential and non-residential primary and secondary mortgage markets, including the structure and performance of residential and commercial mortgage-backed securities, and exposes students to public sources of real estate equity finance, including real estate investment trusts (REITs). Finally, the course examines recent developments in global real estate capital markets.