Advanced Real Estate Development and Finance
This course builds on GSD 5204 and comparable introductory real estate courses offered by other schools at Harvard. This year\’s course covers four main topics: (1) Market Cycle fundamentals (2) Advance financial analysis and deal structuring for development and acquisitions, (2) Capital formation; how to analyze, structure and source private and public capital, (3) REITS, public real estate markets and market cycles, and (4) Building and managing real estate enterprises.The objective of the course is to give students in-depth financial analytical skills for the dominant forms of real estate financing, fund management, acquisitions and development. Using case studies and lectures, the course focuses on advanced real estate topics for all major real estate product-types including office, industrial, retail, apartment and hotel. The course also emphasizes financial structuring and key decision-making for the development process.The course will be team-taught by three faculty, Frank Apeseche, Richard Georgi, and Professor Glenn Mueller, who will also be coordinating this course. Each faculty member is a specialist in the area he is covering in the class.