COURSE NUMBER: MBA280.1

COURSE TITLE: Real Estate Investment & Market Analysis

This course is dual-listed with the Evening-Weekend MBA Program

UNITS OF CREDIT: 3 Units

INSTRUCTOR: Victor Couture

EMAIL ADDRESS: couture@berkeley.edu

CLASS WEB PAGE LOCATION: bCourses

PREREQUISITE(S): None

CLASS FORMAT: The class format will be a mixture of lectures, guest speakers and case discussions. 

SAMPLE SYLLABUS: bCourses Electives Forum

REQUIRED READINGS: Brueggeman and Fisher, Real Estate Finance and Investments, McGraw Hill, 16th Edition, 2018

BASIS FOR FINAL GRADE:  Midterm, Case Write-ups, Term Project, Participation

CAREER FIELD: Investment professionals, Portfolio managers, Developers (residential, office, retail, industrial, lodging), Mortgage lenders, Brokers, Consultants, City planners, Real estate managers at any large corporation.

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:
This is an introductory course in real estate investment and market analysis.  The course begins with an introduction to the fundamentals of real estate valuation, which includes a detailed coverage of mortgage financing and taxation.  We then address topics such as the economic fundamentals of residential, commercial and industrial real estate markets, the regulation of land use and development, and ownership strategies such as real estate investment trusts (REITs) and real estate syndications.  We also discuss current thinking about the return to real estate investments, and recent innovation in real estate capital markets. The course covers various property types, including office buildings, single- and multi-family residential, retail properties and mixed-used projects. A series of cases, taught by both industry professionals and Prof. Couture, illustrate the key concepts and property types covered in lectures as well as more advanced topics.

BIOGRAPHICAL SKETCH:
Victor Couture: http://facultybio.haas.berkeley.edu/faculty-list/couture-victor