Catalog Version

Summer/Autumn 2013
Catalog update:
May 15, 2013

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Students are required to follow the Academic Handbook and Code of Student Responsibility​​

Available to students in the Driehaus College of Business and non-business programs at DePaul, a minor in Real Estate provides students with a general understanding of the real estate business and in-depth exploration of a specific topic in real estate, such as law, policy, valuation, investment, or finance.

Declaration Requirements

To declare a minor in Real Estate, a student must meet the following requirements:

  • A minimum cumulative DePaul grade point average of 2.700
  • A minimum Real Estate grade point average of 2.700
  • No grade of IN, R, M or lower than C- in any Real Estate (RE) course or course used toward the Real Estate minor
  • Completion of RE 350 with a minimum grade of C-

Course Requirements

A student minoring in Real Estate is required to complete Real Estate courses totaling at least 16.0 hours:

The department enforces all course prerequisites, without exception.

Students are encouraged to seek an internship with a Chicago-area business during the summer preceding either their junior or senior year, but the Real Estate minor does not offer or accept a for-credit internship course.

Degree Conferral Requirements

All Real Estate (RE) courses and any courses used toward the Real Estate minor must be completed with a minimum grade of C- and with a combined GPA of 2.000 or higher.

RE 300

REAL ESTATE LAW

This course provides an overview of legal principles including: ownership structures, transactions and title issues, land use regulation, environmental constraints, and income tax and property tax.

RE 320

URBAN PLANNING AND PUBLIC POLICY

This course provides a systematic introduction to urban planning issues for students who have little background in this area. The course will explore both historical and contemporary urban planning concepts and will cover a wide variety of topics including land use regulation, economic development, environmental and energy planning, growth management and urban development issues, generally from a real estate and built environment perspective.

RE 352

REAL ESTATE FINANCE

Patterns of financing real estate property, including a general overview of the importance of real estate capital markets. Institutional analysis, including critique of alternative mortgage instruments, an analysis of installment financing, construction financing, convertible mortgages, and leases and sale-leaseback financing. Secondary mortgage markets and mortgage-related securities, risk and return analysis.
Prerequisites:
FIN 310 and RE 350 are a prerequisite for this class.

RE 353

REAL ESTATE INVESTMENT

The course explores real estate investment risk and opportunity. Topics include commercial lease transactions and value; impact of taxation on the investment decision, asset development and acquisition analysis, and alternative investment vehicles.
Prerequisites:
RE 352 is a prerequisite for this class.

RE 354

REAL ESTATE VALUATION

Real Estate Valuation. Introduction to market analysis and the appraisal process. Basic approaches to valuation analysis including both residential and income properties. This course includes the income capitalization methods and complex valuation assignments.
Prerequisites:
FIN 310 and RE 350 are a prerequisite for this class.

RE 398

SPECIAL TOPICS

Special Topics in Real Estate offers an in-depth study of current industry-related issues. Content, format, and prerequisites vary by section. Subject matter will be indicated in the class schedule.

RE 350

REAL ESTATE ANALYSIS

This course introduces essential institutional, legal, regulatory, and financial aspects of real estate in the U.S. economy and financial system. It is designed to facilitate personal decisions on home ownership and investment and it incorporates demographic data for real estate market analysis, exercises in land use planning and investment decisions.
Prerequisites:
At least 88 cumulative units is a prerequisite for Business courses that require Junior standing.