This course teaches the fundamentals of real estate for all major property types and land uses. The course begins with a focus on real estate finance tools. Methods of using discounted cash flow analysis for income property, for-sale property, construction and permanent mortgage loans are explored. Acquisition and management of existing real estate assets are similarly explored. The course culminates in a study of the various stages of the development process, including site selection, market analysis, financial feasibility, design considerations, legal requirements, construction oversight, leasing and lease-up, operations, and ultimate property disposition. Teaching cases and simulations are designed to place students in decision-making situations commonly faced by real estate professionals. Optional review sessions focusing on real estate financial analysis will support the course.

Although this is a limited enrollment course, MRE students should enroll directly during the open enrollment period and not enter the Limited Enrollment Course Lottery.

Note regarding the Fall 2025 GSD academic calendar: The first day of classes, Tuesday, September 2nd, is held as a MONDAY schedule at the GSD. This course will meet for the first time on Tuesday, September 2nd.