Real Estate Pro Forma I&II

(2 Credit Hours) · Undergraduate

The general course objectives are to introduce students to real estate financial modeling. Leaning Objectives:1) Learning to construct a 1 - 5 Unit multifamily pro format. 2) Understanding and use for 1 - 5 Unit multifamily pro forma in underwriting. 3) Understanding the distinction between debt and equity and the nature of financial leverage and its use in real estate. 4) Development of basic investment briefing for investor presentation(s). Pro forma, students will learn to scale the base model to include Development, Rent Roll, Recapitalization. The course will also offer exposure to Argus. This course does not count as a Finance major elective. The course cannot be taken Pass/Fail. For tracking purposes, this course is considered a Business course and will NOT count as a Non-BA Elective. Students with other prerequisite courses or equivalent background preparation may enroll by permission of the instructor or permission of the Director of Undergraduate Studies. A basic understanding of MS Excel is assumed.