11.432J | Spring 2007 | Graduate
Real Estate Capital Markets
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 …
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.
Learning Resource Types
assignment Problem Sets
notes Lecture Notes
assignment Written Assignments
Photo of skyscrapers.
Leading firms are involved in real estate securitization in New York City. (Photo courtesty of openphoto.net.)