GSD Course Bulletin - Fall 2011

05492: Real Estate Finance and Development Fundamentals (SES 0549200)

Urban Planning and Design
Lecture - 4 credits
Monday Wednesday 4:40 - 6:00   Belfer Land

Course Tools for this course (Canvas)

Instructor(s)
Edward Marchant

Course Description

Provides an analytical framework for understanding the real estate finance and development process from both quantitative and nonquantitative perspectives. Topics addressed include: establishing investment/development objectives; structuring ownership entities including joint venture entities; identifying and evaluating prospective development sites; creating sound development plans; understanding the public entitlement process; preparing market and feasibility studies; securing debt and equity financing; coordinating the design and construction process; and marketing and managing real estate assets. Includes preparation of income statements; sources and uses of funds statements; federal tax impact analyses; and discounted cash flow analyses. Lectures, cases, exercises, site visits, guest lectures, and class discussions will involve a variety of real property asset types, including several structured as public-private partnerships. Offered at the Harvard Kennedy School as SUP-665. Provides an analytical framework for understanding the real estate finance and development process from both quantitative and nonquantitative perspectives. Topics addressed include: establishing investment/development objectives; structuring ownership entities including joint venture entities; identifying and evaluating prospective development sites; creating sound development plans; understanding the public entitlement process; preparing market and feasibility studies; securing debt and equity financing; coordinating the design and construction process; and marketing and managing real estate assets. Includes preparation of income statements; sources and uses of funds statements; federal tax impact analyses; and discounted cash flow analyses. Lectures, cases, exercises, site visits, guest lectures, and class discussions will involve a variety of real property asset types, including several structured as public-private partnerships. Offered at the Harvard Kennedy School as SUP-665.



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