Course Detail

Real Estate Investments I (33450)

Course Description by Faculty

  • Pagliari, Joseph
  • Content
    This course is designed to familiarize students with real estate equity investments - primarily from the perspective of institutional investors (e.g., pension funds, investment advisors, private equity, REITs, life insurance companies, etc.) with allocations to "core" property types. Accordingly, much of the course's emphasis will be placed on various types of financial modeling used by these investors to evaluate their real estate investments. The course will also emphasize the multi-disciplinary setting (e.g., accounting, business law, economics, finance, mathematics and statistics) in which real estate operates. Given the dynamic nature of the real estate markets, the course notes, the pace of the class, the nature of exams, etc. should be expected to be somewhat fluid.
  • Prerequisites
    None. However, it is recommended that you have taken (or are taking) Business 33001 (Microeconomics) and/or 35000 (Investments). In any event, students are expected to have a working knowledge of Excel and a familiarity with finance, accounting and statistics. Students should not be averse to analytical thinking and quantitative analysis - most real estate practitioners are "numbers junkies."
  • Materials
    Readings and handouts posted on Canvas site.
  • Grades
    Based on class participation, cases, midterm and final exam. No auditors.
    • Allow Provisional Grades (For joint degree and non-Booth students only)

    • Early Final Grades (For joint degree and non-Booth students only)

    • No auditors

  • Syllabus
  • Winter 2024Section: 33450-01TH 1:30PM-4:30PMHarper CenterC01In-Person Only
  • Winter 2024Section: 33450-81TH 6:00PM-9:00PMGleacher Center304In-Person Only
  • Winter 2024Section: 33450-85S 9:00AM-12:00PMLocation: TBDRemote-Only
Description and/or course criteria last updated: October 31 2023