Real Estate Finance
This course surveys the concepts, methods and techniques of financing residential and non-residential real estate, while also identifying and analyzing the various instruments used for such purposes.
What you can learn.
- Explore the sources, characteristics and parameters of mortgage capital
- Gain an understanding of government-assisted financing (such as VA, FHA, and SBA) Understand the impact of how title is held and consequential real estate tax effects
About this course:This course surveys the concepts, methods, and techniques of financing residential and non-residential real estate while also identifying and analyzing the various instruments used for such purposes. Instruction covers sources, characteristics, and parameters of mortgage capital; fixed, variable rate, and other alternative types of mortgages; government-assisted financing (such as VA, FHA, and SBA); the secondary mortgage market; mathematical analysis of finance transactions (amortization, loan constants, present and future value, compound interest, APR, capitalization rates, debt coverage, and other financial ratios and ways of determining yield); loan underwriting, processing, closing, and servicing; foreclosures and alternatives thereto (such as short sales) and related antideficiency law issues; guaranties; construction, bridge, permanent, wraparound, mezzanine, and leasehold financing; impact of how title is held and real estate tax effects; comparison of investment choices, both before and after taxes are factored in; plus syndication and other equity sharing issues. Case studies for financing proposals for single-family, multifamily, and commercial transactions are featured.
Fall 2020 Schedule
These courses are fully online and have no regular meeting times.
These courses have regular meeting times and are fully online, via remote instruction. Click “See Details” below for more information.