Course Detail
Units:
3.0
Course Components:
Lecture
Description
This course is designed to teach real estate development through practical experience. The course explores the risks inherent in real estate development and the concrete steps required to take a real estate project from the conceptual stage to completion. The course will focus on the various risks and hurdles to successfully putting a real estate development together. Students will take a single site (of their own or one offered by the instructor) and produce several small reports that require research and analysis on: (1) market conditions for the proposed use and site; (2) planning/zoning issues and resolutions; (3) financing, including both equity and debt; and (4) site-related legal issues (such as title and environmental problems). Field trips may be required.