Course Requirements
The concentration is composed of four courses.
RE 531
REAL ESTATE FINANCE
Analysis of private and public institutions involved in real estate finance. A critical study of institutional arrangements facilitating real estate investment and development. Analysis of yields and risk in mortgage lending.
RE 520
URBAN PLANNING AND PUBLIC POLICY
This course provides a systematic introduction to urban planning 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, environmental and energy planning, growth management/?smart growth? issues, legal and regulatory requirements and regional/national planning concepts, generally explored from a real estate perspective. The course will conclude with a three class urban planning workshop, redeveloping a five block blighted neighborhood in a hypothetical city to create a well-designed, sustainable community.
RE 525
PROJECT MANAGEMENT: DESIGN AND CONSTRUCTION
This course provides a systematic introduction to building design and construction for students who have little background in this area. The course will explore both the conceptual and practical aspects of designing and constructing commercial buildings and will cover a wide variety of topics including: - site development and zoning issues - building design and layout - building materials, systems and construction methods and practices - construction budgets - project scheduling - overall proforma feasibility - LEED Certification, Sustainability and Green Building issues The course will include a major project that will allow each student to develop a conceptual building design, a construction budget, a construction schedule and a proforma feasibility analysis. The course will also include a number of guest speakers from the building design and construction industry who will discuss current trends in their areas of expertise. This course is an introduction to this topic and not meant for students who have significant experience in building design or construction. There are no prerequisites for those students studying at the graduate level.
RE 533
REAL ESTATE MARKET ANALYSIS AND VALUATION
Critical analysis of the appraisal process and its theoretical foundation. Market analysis techniques and valuation of income producing properties. Exploration of both basic and innovative approaches to value employing computer databases and information technology.
Prerequisites:
RE 530 and FIN 555 are prerequisites for this class.
RE 535
REAL ESTATE INVESTMENT
Analysis of different strategies available to real estate investors. Focus is on large-scale development and institutional investment portfolio decisions. The case method is an integral part of the course technique.
Prerequisites:
RE 530 and FIN 555 are prerequisites for this class.
RE 570
ADVANCED REAL ESTATE ANALYSIS WITH ARGUS
This course is designed to develop the vocabulary, concepts, and analytical skills necessary to make informed commercial real estate investment decisions at a very detailed level and will employ lectures, readings, and case work using the Argus software platform, as well as Co Star and Site To Do Business (STDB). The course is for the Argus beginner and intermediate user but is not for the advanced Argus user. Completion of RE 530 is a prerequisite. However, those who have not completed RE 530 but have sufficient analytical skills may be admitted to the class with the instructor?s permission. Please not that this course requires each student to have the use of and be able to bring to class each class night a Windows based laptop (or a MAC based laptop with a Windows emulator installed, as Argus only runs on Windows). Students will be required to purchase the Argus student software package for $100 and the SYDB student package for $20.
RE 596
REAL ESTATE SEMINAR
The objectives of this course are to identify current, researchable topics pertaining to real estate and for students to perform independent research on selected topics approved by the seminar professor. Meetings will be held on both a class and on an individual basis. Students will present both their proposals and the results of their preliminary investigations in class. A seminar research paper is required of each student.
RE 798
SPECIAL TOPICS
Content and format of this course are variable. In-depth study of current issues in finance. Subject matter will be indicated in class schedule. Offered variably.
ECO 550
REGIONAL AND URBAN ECONOMICS
The course investigates the spatial character of an economic system. The first part of the course is concerned with theories in regional economics, including business and household location theory, urbanization, and regional development. The latter part of the course deals with urban economics, a specialized area concerned with the economic forces behind many urban problems. Topics include the economics of housing, transportation, poverty, crime and urban public finance.
Prerequisites:
ECO 555 or 505
MKT 529
PRECISION MARKETING
Geodemographic systems such as Claritas and Spectra combine publicly available demographic data with commercial databases and mapping software. These tools, which are use by most Fortune 1000 consumer firms, enable marketers to pinpoint target markets and create effective strategies for a variety of marketing activities. Course topics include the stregnths and weaknesses of different approaches, identification of a geodemographic target market, and the use of geodemographic data for advertising and promotion, retail site selection, cross-selling opportunities, and other strategic decisions. Offered winter quarter.
MPS 571
METROPOLITAN PLANNING
The purpose of this course is to provide an introduction to the professional practice of urban planning and the basic theoretical concepts on which the discipline is based. Students will analyze urban issues, decision-making processes, and resources that affect planning across a metropolitan area, including urban-suburban relations, and the complexities of zoning, economic and community development.
MPS 573
URBAN AND COMMUNITY DEVELOPMENT
This course discusses urban issues including social area analysis, neighborhood change, land use and other topics. It examines community organizations as problem-solving bodies that interact with government agencies to affect urban development.
SOC 354
COMPARATIVE COMMUNITY POLITICS (CROSS-LISTED AS SOC 426 & MPS 574)
The course examines a variety of areas affecting the social and political organization of communities in the U.S. and other countries. Important areas examined include social organization, the institutional and socioeconomic structure, urbanization, patterns of citizen participation and the social organization of political decision making.
SOC 420
URBAN SOCIOLOGY
Introduction to advanced level studies in applied urban sociology: contemporary urban theory, research, and policy issues.
SOC 421
URBAN ANTHROPOLOGY
Theories and methods of contemporary anthropology are employed to analyze a variey of topics of urban phenomena including the process of urbanization, urbanism-urban culture, subcultures, ethnic life styles-and the notion of images of cities.
SOC 424
THE SOCIOLOGY OF HOUSING
An in-depth approach of a major component of urban life with a focus on federal and local policies, programs and issues.
RE 793
INTERNSHIP
This is a unique opportunity in which interns gain and develop managerial skills, providing a link to mastering the dynamics of running a business. This hands-on experience allows the intern to apply his or her skill/wisdom to the work place and provides invaluable knowledge that is crucial for future advancement. While building an impressive resume for further job opportunities, the intern will be immersed in a stimulating environment with a pool of established resources. In addition, networking opportunities avail themselves to build future relationships.
LAW 444
ENVIRONMENTAL LAW
(3 hrs) A survey of federal and state remedies for the protection of the environment.
LAW 459
REAL ESTATE FINANCE AND COMMERCIAL DEVELOPMENT
(3 credit hours) This course addresses legal and economic issues relevant to commercial real estate development and investment, including acquisition, financing, leasing ownership structures and tax considerations.
Prerequisites:
LAW 160 and LAW 420 are a prerequisite for this class.
LAW 487
HOUSING LAW
(3 hrs) An examination of local and federal laws and policies aimed at creating and preserving housing, low-income and affordable housing, both rental and owner-occupied. Includes consideration of housing-related litigation and issues related to subsidized housing, landlord-tenant court, fair housing, and predatory mortgage lending.
LAW 488
LAND USE PLANNING
(3 hrs) An analysis of the various legal devices by which private individuals and the public attempt to control the use of land resources. Such topics as private covenants, zoning, the master plan, eminent domain, urban rehabilitation and subdivision controls are explored.
Prerequisites:
LAW 160 is a prerequisite for this class.
RE 521
LEGAL ISSUES IN REAL ESTATE
This course is designed to be a quarter long survey of real estate principles. The study of real estate law will be approached on both practical and theoretical levels, with an emphasis on the historical underpinnings of land law. This course does presume some familiarity with the basic principles of Contract law and, to a lesser degree, Tort law. Knowledge of the formational elements of Contract should precede consideration of remedies uniquely applicable to Real Property: Foreclosure, Specific Performance etc.. Familiarity with the method and form of decisional (`case?) law is an important part of this course.