COURSE
NUMBER: MBA 284.1
This course is cross-listed with the EWMBA Program.
COURSE
TITLE: Real Estate Investment Strategy
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 – 9:30PM
PREREQUISITE(S):
280 and 282 or 283
CLASS
FORMAT: Each class will focus on a different case and is completely class
discussion, including role playing, negotiation, etc.
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 it
is possible to do so.
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 grades are used to determine the cases 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: FACULTY VIDEO: 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. In some cases, the senior decision makers
involved in the actual project will lead the case discussion.
BIOGRAPHICAL
SKETCH: Robert Edelstein 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. He is the First Vice President and a member of the Board
of the Asian Real Estate Society. He is also a member of several prestigious
Corporate Boards. Dr. Edelstein received an A.B., A.M., and Ph.D. in Economics
from Harvard University.