RE 539 Real Estate Valuation I

Fundamentals of appraising real estate, focusing on valuation techniques for income-producing real estate assets. Analysis of income and expenses, net operating income, leveraged and unleveraged cash flows, debt coverage ratios, direct capitalization, multipliers, and discounted cash flows. Marketability analysis, highest and best use concepts, zoning, environmental issues, and the risks and rewards of real estate development are discussed.

Credits

4

Cross Listed Courses

This is the same course as RE 539S and may be taken only once for credit.

Slash Listed Courses

Also offered for undergraduate-level credit as Fin 439 and may be taken only once for credit.

Prerequisite

Fin 513 or Fin 551 or RE 521