This course will examine the fundamentals of real estate, finance
and development from a legal and managerial perspective and serve as a
foundation course for those with an interest in real estate. The course will also
provide an introduction into real estate for other students. It attempts to develop
skills like using legal concepts in a real estate transactional setting. The course will
be of interest to students contemplating careers in accounting, real estate
development, real estate finance, city planning, or banking. The main topics
covered throughout this course will include but is not limited to land acquisition,
finance, choice of entity, tax aspects, management (leasing, environmental),
disposition of real property, sale of mortgaged property, foreclosures,
wraparound mortgages, sale-leasebacks and recent legal developments.
Participation in class discussions will be mandatory to ensure the students’
understanding.