This course teaches the fundamentals of real estate finance and development. Lectures and case studies introduce students to the full range of financial analysis skills and analytical processes for evaluating private and public development and investment in real estate. All major property types and land uses are covered as well as all stages of the development process, including site selection, market analysis, financial feasibility, design and legal considerations, construction, lease-up, operations, and sale of the final product. The cases are designed to place students in a number of decision-making situations commonly faced by real estate professionals. Prior or supplementary study of microeconomics is useful, but not required. Students studying business, law, and government, as well as selected undergraduates will be admitted, space permitting.