Real Estate Practicum

3 Credits

This capstone course provides a deep dive into the valuation of a “real world” asset. Students are formed into teams and conduct an in-depth market analysis including rents, vacancy rates, and absorption rates; and, a refined financial analysis of the subject property including historical results and pro forma estimates of revenues, expenses, cash flow and residual value. Each team also studies the financial characteristics of comparable properties. Note: This course cannot be taken concurrently with REAL 346 and/or REAL 347 . Prerequisites: REAL 301 and REAL 347