27 courses with the subject REAL, each shown exactly as we captured it from the college's catalog, with every element we hold. Where the wording looks broken, that is our reading of the catalog, not the college's text.
REAL 5320Real Estate Development Process I1.5
Examination of various forms of development as well as the role of major participants in the processes. Reviews issues in residential, retail, industrial, office, and low-income housing projects. This course is a prerequisite for CRP 5321. (MHA-EL)
Examination of various forms of development, as well as the role of the major participants by a review of case studies of residential, retail, industrial, office, and low-income housing projects. (MHA-EL)
Designed to bring students weekly into direct contact with real-estate professionals mainly through the use of videoconferences originating from locations around the world. (MHA-EL)
Real estate professionals and city and regional planners play a vital role in creating the built environment. Understanding the physical form of real estate, and the rules that govern that form, is critically important if one is to meaningfully engage in the practice of real estate development. In this course, we examine in detail the physical form of the built environment, and students gain an understanding of the principles and organizing strategies that underlie it. We examine the following building types in depth: residential, retail, hotel and mixed use. Students exit this course with a deeper understanding of why the built environment takes the shape it does and the opportunities for innovations.
REAL 5561Innovation and Strategy in Commercial Real Estate Development1.5
In this course, we will examine in detail the physical form of workplace design and the specific principles and organizing strategies that affect it. We address the history of office building design, current trends in workplace culture and new forms of office space. We discuss issues affecting office building design, including environmental sustainability, building efficiency, building code and construction, and leasing and operations. Students exit the course with a deeper understanding of why the built environment takes the shape it does and the opportunities for innovation. (MHA-EL)
Students undertake a self-selected real estate development project and must "pitch" the proposed development to a panel of real world potential investors. Students are required to demonstrate an advanced understanding of real estate development, including project feasibility, marketing, planning and design, and land use law constraints. Student projects focus on real-world skills and require professional-level reports suitable for oral and written presentations. Real Estate Shark Tank.
REAL 5565Urban Economics and Real Estate Markets1.5
A theoretical understanding of the economic forces affecting urban land market change and development is needed for decision-making in the real estate profession. This course covers the urban economic theory forming the foundation for understanding and analyzing the behavior and properties of real estate markets of various types. The course begins with an introduction to the fundamentals of land markets including bid-rent theory end Ricardian rents. The two core models at the center of the course are (1) the model of urban spatial structure that stems from the work of Alonso, Muth and Mills and (2) DiPasquale and Wheaton's model linking the real estate property market to the real estate capital market and to construction activity.
This course will evaluate the means-formal/legal and informal/non-legal-by which landowners, developers, architects, planners, neighbors, private organizations, and government may shape the use of land in the United States. Close attention will be paid to: the tension between regulation and landowners' rights; aesthetic controls and historic preservation; planning concepts; constitutional issues; environmental concerns; and the role of markets.
This course is designed to provide students with instruction and experience in leading and contributing to high-performing teams that: (1) set clear goals and objectives; (2) develop, implement, and enforce appropriate internal team norms; (3) effectively collaborate, taking maximum advantage of diverse strengths and backgrounds; (4) produce well-reasoned analyses of complex business problems; and, (5) provide team members with appropriate constructive feedback from which further growth and development can occur.
Prepares students for responsibilities in overseeing the engineering and management of construction; on time-on budget. Emphasis is placed on the management processes for organizing, planning, and controlling the activities of complex development and construction programs. Students study the contracts for engineering, architecture, and construction; focusing on cost estimation and schedule control, responsibilities and risks, and the relationships among owners, designers, contractors, and suppliers. The potential for project disruption is discussed with special emphasis on dispute resolution methods.
REAL 6101The Economics of Urban Real Estate Markets and the Built Environment3
This course is designed to provide students with an understanding of the economics of urban real estate markets and the built environment. This will include links between market drivers of property use and value, durability of buildings and infrastructure, finance, and social policy. The course begins with analysis of the 2007 housing market crash and the financial crisis it precipitated. Spatial patterns of development and real estate values are then considered, including patterns extending out from city centers, moving up high in tall commercial buildings, and differences across metropolitan areas. The course concludes with assessment of how new strategies to facilitate urban transportation along with work-from-home have potential to threaten central city office markets and affect patterns of development in cities.
REAL 6174Immersion: Real Estate Development and Finance6
This is an experiential learning class in which small teams of students will work in nearby company and/or government offices on actual projects. Students will devote 16 hours per week to the class, most of which will be in the professional office setting, but meetings will also occur in a classroom environment. Teams will be supervised by a faculty instructor along with industry professionals in the field/office. A central goal of the Immersion class is for students to develop fluency in their ability to apply different types of tools to real world applications while also deepening their understanding of one or more areas of commercial real estate.
This course covers the basic financial models and frameworks used throughout the real estate industry today. In this introductory course, students will focus exclusively on a rigorous cash flow construction and scenario analysis to include the impact of deterministic inputs in ex-ante decision making. The course covers extensively the modeling of simple lease structures (for different property types), conventional and exotic debt instruments and simple equity waterfalls.
This course provides students with education in the use of statistical methods applied to real estate property and market data for the purpose of making informed decisions about allocations of resources to real estate. Both elementary and advanced statistical methods are covered in the course and students receive training in the statistical functions of Excel, STATA, and @RISK. Also, students gain exposure to the expanding number of real estate data bases offered by vendors. An important component of the course is the series of required assignments that involve finding answers to specific questions encountered in practice that can be best answered with statistical analysis of relevant data. Building statistics-based forecasting and valuation models is essential for completing the course assignments.
Overview of federal, state, and local policies and programs to deliver affordable housing to low-income people; public housing, vouchers, inclusionary zoning, rent control, and much more. Lectures, debates, short papers, and term paper.
REAL 6560Real Estate Transactions and Deal Structuring3
Real estate transactions and deal structuring examines real estate deals through a practitioner perspective within a case study and transactional approach. The course looks at the transactional components and structuring of real estate deals and related parties at each step in creating value from real estate, including acquisition and assemblage; due diligence; sourcing and financing; structuring the venture/parties; operation; disposition; and tax consequences. Additional issues within deal structuring that may be included are negotiation, managing risk including litigation and environmental issues, analysis of financing techniques, and consequences when deals go bad, including work out and bankruptcy. The case study format will address deals from the perspectives of investment fund manager, banker/lender, developer, REIT, joint venture partner/investor, and owner. (MHA-EL)
This course investigates real estate transactions that originate outside the United States and may be in a foreign country, in which the motivations for deals and transactions are outside the norm. These include informal financing techniques; deal structuring with several local and foreign constituents; the limitations of contracts; and bankruptcy, in Europe, the Middle East, East Asia, South Asia, and Africa.
This course provides practical insights into the world of private equity real estate, starting with an overview of industry participants, including the roles and motivations of LPs and GPs, and private equity investment structures. Students will delve into fundraising strategies, the fund lifecycle, performance metrics and evaluations measurements, and the investment and asset management processes. The course also reviews the ethics and governance issues in real estate fund management, and emerging trends in the industry. Throughout the course, students will apply their knowledge to real-world situations through case studies and practical examples. By the end of the course, students will have a practical understanding of the principles of private equity real estate investing and how they apply in real-world scenarios.
Explores the residential and commercial-development process from site acquisition through delivery of the finished product. Topics include market feasibility, land planning and acquisition, product selection and design, project financing and feasibility, schedule and budgetary controls, contracting and construction, marketing, and sales activities. Composition of the development project team is discussed. Classes are supplemented by visiting professionals. The course includes a semester-long project based on an actual property and market opportunity.
The ULI Hines Competition challenges students to collaborate across disciplines and imagine a better built environment. Groups of five students form teams to devise a development program for a real site in a North American city, providing designs, market-based financial data, and related narratives.
REAL 6597Real Estate Competitions II: ULI Hines0.5
The ULI Hines Competition challenges students to collaborate across disciplines and imagine a better built environment. Groups of five students form teams to devise a development program for a real site in a North American city, providing designs, market-based financial data, and related narratives.
The purpose of this course is to improve writing and speaking skills as applied in the real estate industry contexts and practices. Students learn to think critically and strategically about communication, to produce messages that are clear, concise, efficient, and effective. Students will have opportunities to practice effective communication elements in a variety of genres, ranging from shorter messages to complex reports and decks, as well as persuasive speeches. More specifically, students will learn how to adjust their communication choices when communicating in different written and oral genres typical in real estate situations. Overall, the goal is to make students' communications clearer, succinct, efficient, effective, and persuasive. Students are evaluated on the communication skills that they will regularly demonstrate through class activities, discussions, preparation, etc.
Negotiation is the art and science of securing an agreement between people who have potentially conflicting interests. Seen this way, you negotiate every day – with partners, roommates, and teammates. Negotiation is also present throughout all facets of the real estate industry. The goal of this class is to help you do better in negotiations as you prepare for careers in the real estate industry. It is also true that there is no formula you can simply apply to achieve success in negotiation. What this class will do instead is provide you with frameworks and empirical evidence that shed light on which tactics are likely to be effective depending on the circumstances of a given situation and related constraints you may face.
Real Estate Review is for students undertaking a research project culminating in an article worthy of publication in the Cornell Real Estate Review. (MHA-EL)
This course explores links between urbanization and real estate markets. High downtown rents reflect the benefits of proximity to other companies and natural features like port facilities. High housing costs reflect proximity to jobs and the lure of urban amenities. At the same time, segregation and congestion are often exacerbated by urbanization, the costs of which are seen in inequality, crime, pollution, and traffic jams. Urban real estate markets are also affected by local government policy, including enforcement of property rights, zoning, tax and subsidy programs. Shrinking rust belt cities and work from home threaten to undermine urban real estate markets, while volatility and uncertainty contributes to mispricing. These and related ideas will be explored drawing on context from countries around the world.