Real Estate Development, Acquisition, and Entrepreneurship

1.5 credits · Undergraduate

This course equips students to identify, evaluate, structure, communicate, and execute real estate opportunities in development and acquisition — while designing the lightweight operating systems of a repeatable entrepreneurial business. Students develop a practical understanding of how real estate entrepreneurs make consequential decisions under uncertainty, balancing economics, control, risk, and relationships across both individual deals and the firms that execute them. The course emphasizes the full development and acquisition process, as well as value creation, governance, execution risk, and the use of technology as decision support rather than a replacement for judgment. Along the way, students learn the key players, market dynamics, and legal considerations shaping U.S. real estate across multifamily, industrial, retail, and mixed-use contexts. The course features a combination of lecture, case study, homework, guest speakers, and a team Capstone project is an Investment Committee pitch that integrates the design of both the deal and the firm that will execute it. Prerequisite: BUS 2770. [1.5]