Beyond the house-flipper cable shows lies a rich world of institutional investors, large-scale companies — and careers. Learn how investment analysts throughout the various players in the real estate industry (investors, lenders, brokers, developers) evaluate, market, and transact on opportunities.
What is real estate? To some, not more than the roof over their head. To knowledgeable investors it’s a claim to future cash flows and a crucial component of their portfolio, rife with unique tax advantages.
The real estate development and investment industry is a dynamic field that incorporates a wide variety of disciplines including finance, design, marketing, legal, and engineering. This course prepares students with the contextual and practical knowledge necessary to perform financial analyst work in a variety of real estate applications.
The course begins with a broad overview of the space market, the asset market, and the players across that spectrum. Essential real estate finance concepts relevant to investment analysis and asset management are covered using real-world examples.
After cementing that foundation, we begin a deep dive into Argus Enterprise, the key cash flow projection software used across the industry and an invaluable resume credential. This specialized software is ubiquitous within virtually every segment of the real estate business including equity investment, lending, development, and asset management.
By working through a number of previously marketed acquisition opportunities, students learn how to evaluate risks and opportunities, determine the major value drivers, and arrive at an appropriate valuation.
Finally, we cover the investment thesis and financial merits, both fundamental features of the investment memoranda, the document that drives institutional investment. An overview of the key negotiation points in common transaction documents completes the final step in the deal process.
What is real estate? To some, not more than the roof over their head. To knowledgeable investors it’s a claim to future cash flows and a crucial component of their portfolio, rife with unique tax advantages.
The real estate development and investment industry is a dynamic field that incorporates a wide variety of disciplines including finance, design, marketing, legal, and engineering. This course prepares students with the contextual and practical knowledge necessary to perform financial analyst work in a variety of real estate applications.
The course begins with a broad overview of the space market, the asset market, and the players across that spectrum. Essential real estate finance concepts relevant to investment analysis and asset management are covered using real-world examples.
After cementing that foundation, we begin a deep dive into Argus Enterprise, the key cash flow projection software used across the industry and an invaluable resume credential. This specialized software is ubiquitous within virtually every segment of the real estate business including equity investment, lending, development, and asset management.
By working through a number of previously marketed acquisition opportunities, students learn how to evaluate risks and opportunities, determine the major value drivers, and arrive at an appropriate valuation.
Finally, we cover the investment thesis and financial merits, both fundamental features of the investment memoranda, the document that drives institutional investment. An overview of the key negotiation points in common transaction documents completes the final step in the deal process.
Warren Buffet coined options "Weapons of Financial Mass Destruction" yet even he turned the launch keys. What did he mean, and why did he use them? Learn the core mechanics and use-cases of options in the real-world for investors ranging from retail to institutional scale.
Money makes the world go 'round, but who controls it? Learn how investment banks, private equity, venture capital and hedge funds direct money to opportunities. And the survival tools of finance professionals — including three statement analysis, core excel skills and valuation techniques.
Marketing, advertising, business development, and sales are the primary forces behind revenue growth. Learn the complex, nuanced mix of creative ideas, best practices, processes, and technology that drive marketing operations at companies large and small.