COURSE NUMBER: MBA284.1
This course is cross-listed with Evening and Weekend MBA Program
COURSE TITLE: Real Estate Investment
UNITS OF
CREDIT: 3 Units
INSTRUCTOR:
Robert H. Edelstein
E-MAIL
ADDRESS: edelstei@haas.berkeley.edu
CLASS WEB
PAGE LOCATION: http://bspace.berkeley.edu
MEETING
DAY(S)/TIME: Wednesdays, 6:00 p.m. to 9:30 p.m.
PREREQUISITE(S):
MBA280, plus MBA282 or MBA283
CLASS
FORMAT: Each class will focus on a different real world case
study, with class discussion and interaction, including role playing,
negotiation, etc. Each case presentation leader will be a
"principal" involved in the real world case.
REQUIRED
READINGS: Readings for the course will be a series of 15 cases.
The readings for each case will be provided at least two weeks before the
scheduled class discussion. The case materials will be available on the course
web site, when possible.
BASIS FOR
FINAL GRADE: Students will be expected to develop a solution
strategy for each case, and to be prepared to respond to questions, role-play,
and/or lead the case discussion. Seven written case analyses are also required.
(The best six case write-up grades are used to determine the writing component
of your final grade.) Students may select the cases they wish to use for their
write-ups according to their interests. Grades will be based on class
participation (50%) and the case write-ups (50%).
ABSTRACT OF
COURSE'S CONTENT AND OBJECTIVES:
This course is designed to be a capstone course for students who have completed
prerequisite real estate courses. The course is based on cases and will focus
on developing strategic decision-making skills in real estate management. Class
time will be used to present and critique management strategies that students
develop for each case. The cases used in this course focus on recent real
estate management problems in real estate development and acquisition, real
estate capital markets, corporate real estate, real estate repositioning and
marketing, the entitlement process and project management. For most cases, the
senior decision makers involved in the actual project will lead the case
discussion.
BIOGRAPHICAL
SKETCH:
Professor Robert Edelstein, currently the Maurice Mann Chair in Real Estate,
and Co-Chair of the Fisher Center for Real Estate and Urban Economics, joined
the faculty of the University of California at Berkeley in 1985 after being a
Professor of Finance at the Wharton School, University of Pennsylvania, and is
active in the fields of real estate economics, finance, and property taxation;
energy and environmental economics; public finance; and urban financial
problems. He has been published widely in prestigious economics and business
journals on topics related to commercial and residential analysis and real
estate markets. He has testified before the United States Congress on many real
estate finance issues. He has been President and has served on the Board of
Directors of the American Real Estate and Urban Economics Association and on
the Board of the Asian Real Estate Society. He has been a member of several
prestigious International Corporate Boards. Dr. Edelstein received an A.B.,
A.M., and Ph.D. in Economics from Harvard University.