The physical and financial aspects of real estate development from the perspective of the equity investor. Focuses on land use concepts critical to the physical development of land and buildings, such as comprehensive planning, zoning, subdivision regulations and overall physical feasibility. Provides substantial course time to introduce ARGUS cash flow modeling software and the subsequent property valuation using an Excel pricing model. Allows students to be conversant in relevant investment return metrics and applied valuation methodology by completion of the course. Prerequisite: Real Estate Investment.
