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:
- One required course:
- Three elective courses to be chosen from:
Students selecting RE 352 and RE 353 must take them in sequential order following RE 350.
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 reviews the essential legal requirements of real estate transactions.
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 individual, commercial and industrial-relates to capital structure analysis. Institutional analysis, including middlemen and ultimate financing sources-relates to capital market analysis. Leverage effects, collateral and protective devices-relates to risk and return analysis.
Prerequisites:
FIN 310 and RE 350 are a prerequisite for this class.RE 353
REAL ESTATE INVESTMENT
Property evaluation-relates to economics and security analysis. Real estate investment decisions-relates to risk analysis, portfolio construction and management, cash flow (including taxes) analysis, and investment strategy.
Prerequisites:
RE 352 is a prerequisite for this class.RE 354
REAL ESTATE VALUATION
Real Estate Valuation. Introduction to 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. The course incorporates demographic data for real estate market analysis and includes an exercise in land use planning.
Prerequisites:
At least 88 cumulative units is a prerequisite for Business courses that require Junior standing.