GSD Course Bulletin - Fall 2011 - SES-05492-00

COURSE DETAILS


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

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

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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