Please note that this description was taken from Fall 2012. New information will be posted when available.
COURSE NUMBER: EWMBA282.1
This course is cross-listed with the Full Time MBA Program.
COURSE TITLE: Real Estate Development
UNITS OF CREDIT: 3
INSTRUCTOR: Dennis M. Williams
E-MAIL ADDRESS: dwilliams@northmarq.com
CLASS WEB PAGE LOCATION: https://bspace.berkeley.edu/portal
MEETING DAY(S)/TIME: Monday,
6:00-9:30PM
PREREQUISITE(S): EWMBA core, prior
real estate coursework and/or work experience is strongly encouraged.
CLASS FORMAT: The class will include
a mixture of lectures and case work.
REQUIRED READINGS: The readings will
include a mixture of a textbook, course reader and reserve readings.
BASIS FOR FINAL GRADE: Grading will
be based upon individual and group assignments, a semester long group
development project, class participation and a final exam.
ABSTRACT OF COURSE'S CONTENT AND
OBJECTIVES: This course focuses on the
entire process of real estate development, beginning with the acquisition,
entitlement and development of land all the way through to construction
completion, marketing, leasing and management of the finished project. Major elements of development covered in this
course include site assessment, market feasibility, design aesthetics,
environmental constraints, the entitlement process, financial structuring,
project management, marketing/leasing and deal making. This course is a must
for those with an interest in the real estate development process. The class is typically composed of graduate
students with backgrounds in Business, Planning, Architecture, Engineering and
Law.
BIOGRAPHICAL SKETCH:
Dennis M. Williams
Managing Director
Northmarq Capital, Inc.
Dennis Williams has been a mortgage
banker with the San Francisco office of Northmarq
Capital Inc. (formerly Trowbridge, Kieselhorst &
Company) since 1988. His company
arranges permanent, construction, bridge, mezzanine and equity financing for
income property. Currently a Managing
Director at Northmarq, Dennis has arranged nearly $5
billion of income property financing with institutional capital sources. Property types financed include office,
research & development, retail, multi-family, hospitality and industrial
real estate. Dennis has been one of the
company’s top originators since 2000 and received recognition in 2001 and 2002
as Northmarq’s Top Producer nationwide.
Dennis received his MBA from the
Tuck School of Business at Dartmouth in 1988 and his AB with a double major in
Political Science and Economics from U.C. Berkeley in 1984. He currently lectures at the Haas School of
Business at U.C. Berkeley, where he has taught a semester long MBA course
entitled Real Estate Development since 2004.
Dennis previously taught an upper division undergraduate course, Real
Estate Finance & Investment, at Haas from 2002-04 and at USF’s McLaren
School of Business from 1997-2003.
Dennis served as president of the
Bay Area Mortgage Association (BAMA) from 1997-98, and as President of the SF
Chapter of the National Association of Industrial and Office Properties (NAIOP)
in 1995 and 2002. Dennis has acted as a
moderator and guest speaker at multiple presentations to BAMA, NAIOP (SF &
Silicon Valley Chapters), Mortgage Bankers Association, Belden Club, Urban Land
Institute, Fisher Center RE Conference, the Korean Executive RE Symposium, City
National Bank, Stanford University’s Graduate School of Business, AICPA and Northmarq Capital.