Introduction to Real Estate Finance

(3 Credit Hours) · Undergraduate

(Note: This course does not count as a Finance major elective.) This course introduces students to the basic metrics, analytic tools, and capital sources employed in the evaluation and financing of real estate investments. The course covers basic finance principles including the time value of money and internal rate of return, Other common real estate performance metrics such as net operating income, the cap rate, cash yields, equity multiples, and spread measures will be discussed. Basic pro forma analysis as used to evaluate existing real estate assets and development assets will be covered. Public and private debt and equity markets will be addressed as will private equity deal structures and debt underwriting.