Courses:

Course Info

• Course Number / Code:
• 15.427J (Spring 2007) 
• Course Title:
• Real Estate Capital Markets 
• Course Level:
• Graduate 
• Offered by :
• Massachusetts Institute of Technology (MIT)
  Massachusetts, United States  
• Department:
• Urban Studies and Planning 
• Course Instructor(s):
• Prof. David Geltner
  Prof. Tod McGrath 
• Course Introduction:
•  
• 
  
  11.432J / 15.427J Real Estate Capital Markets
  
  
  
  

  Spring 2007

  
  
  

  
  
  

  Course Highlights

  
  
  

  
  
  11.432J / 15.427J Real Estate Capital Markets
  
  
  
  

  Spring 2007

  
  
  

  

  Leading firms are involved in real estate securitization in New York City. (Photo © openphoto.net.)

  
  
  

  Course Description

  
  
  

  This half-semester course introduces and surveys the major public capital market real estate vehicles, REITs and MBS (with primary emphasis on CMBS). Some background is also included in basic modern portfolio theory and equilibrium asset pricing. This course is primarily designed to provide MSRED students with a basic introduction to the public capital market sources of financial capital for real estate, and how those markets value such capital investments.

  
  
  

  Technical Requirements

  
  
  

  Special software is required to use some of the files in this course: .xls.