Real Estate Finance and Investments
Professor Barney Hartman-Glaser
Finance 898
Real Estate Finance
Duke University, Fuqua School of Business
Description
This course will consist of 50% Real Estate investment analysis and 50% Real Estate
Capital Markets. The course should be of interest for students interested in real estate investment, real estate finance, fixed-income investments, and the recent global financial crisis. Real Estate Investments
The course will begin with an introduction to the fundamentals of Real Estate valuation and risk analysis including a consideration of the elements of mortgage financing and taxation as well as the mechanics of commercial real estate leasing. The asset types we will consider include office buildings, apartments, residential single family, and retail.
Real Estate Capital Markets
We will consider the operation of the U.S. mortgage and structured finance markets and study how these markets interact with the broader economy, particularly the banking sector and main street. The course covers both technical topics (e.g. valuing complex structured securities), and applied topics (such as the connection between securitization and the global financial crisis).
Contact Information and Email Policy
Instructor: Barney Hartman-Glaser email: bh117@duke.edu
Response Policy: I will not respond to emails sent after 6 pm eastern time until the next day. Admin Assitant: Liz Lindsey email: liz.lindsey@duke.edu
Materials
The course material will consist of a pre-reading handout, lecture notes, cases, a text book, various articles and optional (but recommended) books. Lecture notes will be available in class as well as on the web. Cases and articles will be available in your course-packs and some case exhibits will be available on the web.
Note that the schedule lists MORE READING THAN IS NECESSARY. The readings are meant as an optional supplement to the material we cover in lecture. I do not expect you to read everything I have included in the schedule.
Finance 898
Real Estate Finance
Duke University, Fuqua School of Business
Description
This course will consist of 50% Real Estate investment analysis and 50% Real Estate
Capital Markets. The course should be of interest for students interested in real estate investment, real estate finance, fixed-income investments, and the recent global financial crisis. Real Estate Investments
The course will begin with an introduction to the fundamentals of Real Estate valuation and risk analysis including a consideration of the elements of mortgage financing and taxation as well as the mechanics of commercial real estate leasing. The asset types we will consider include office buildings, apartments, residential single family, and retail.
Real Estate Capital Markets
We will consider the operation of the U.S. mortgage and structured finance markets and study how these markets interact with the broader economy, particularly the banking sector and main street. The course covers both technical topics (e.g. valuing complex structured securities), and applied topics (such as the connection between securitization and the global financial crisis).
Contact Information and Email Policy
Instructor: Barney Hartman-Glaser email: bh117@duke.edu
Response Policy: I will not respond to emails sent after 6 pm eastern time until the next day. Admin Assitant: Liz Lindsey email: liz.lindsey@duke.edu
Materials
The course material will consist of a pre-reading handout, lecture notes, cases, a text book, various articles and optional (but recommended) books. Lecture notes will be available in class as well as on the web. Cases and articles will be available in your course-packs and some case exhibits will be available on the web.
Note that the schedule lists MORE READING THAN IS NECESSARY. The readings are meant as an optional supplement to the material we cover in lecture. I do not expect you to read everything I have included in the schedule.