HADM 6205 - Real Estate Financial Modeling

Fall (weeks 1-7), spring (weeks 1-7 and weeks 8-14). 2 credits. Letter grades only.

Prerequisite: HADM 3210 or HADM 4200 and have taken or concurrently taking HADM 4280. Co-meets with HADM 4205. Elective. Undergrad students must enroll in HADM 4205.

D. Lebret.

This course covers the basic financial models and frameworks used throughout the real estate industry today. In this introductory course, students will focus exclusively on a rigorous cash flow construction and scenario analysis to include the impact of deterministic inputs in ex-ante decision making. The course covers extensively the modeling of simple lease structures (for different property types), conventional and exotic debt instruments and simple equity waterfalls.