Course Schedule - Spring Semester 2018

     

MGMT 654 001 (CRN: 25232)

RE CAP MARKETS: PUBLIC & PRIV

Long Title: REAL ESTATE CAPITAL MARKETS: PUBLIC & PRIVATE
Department: Management
Instructor: Mastandrea, James C.
Meeting: 6:15PM - 9:30PM T MCN 317 (12-MAR-2018 - 18-APR-2018) 
Session: MBA Term II
Grade Mode: Standard Letter
Course Type: Lecture
Language of Instruction: Taught in English
Method of Instruction: Face to Face
Credit Hours: 1.5
Course Syllabus:
Course Materials: Rice Campus Store
 
Restrictions:
Must be enrolled in one of the following Program(s):
MBA for Professional Extended
MBA for Professionals
MBA for Professional Weekend
MBA - Executive Program
MBA
Must be enrolled in one of the following Level(s):
Graduate
Section Max Enrollment: 36
Section Enrolled: 12
Enrollment data as of: 25-FEB-2024 3:28AM
 
Additional Fees: None
 
Final Exam: GR Course-Dept Schedules Exam
 
Description: This course has two major objectives: First, to provide an overview of topics related to real estate capital markets. Specifically, this course will focus on how to raise capital for: private real estate development, construction, acquisition, and investment; and, Public Companies, more specifically, REITs. It will build on your real estate and finance knowledge and interest; and provide depth and breadth of the financial markets and its players, on Wall Street, and outside of Wall Street. This course will devote time to understand the working of the Capital Markets, considered by most industry leaders to be the source of the “lubricant” necessary to turn the wheels towards the creation of value; and, by others, to be source of the ” leverage” necessary to profit from a “Zero Sum Game.” Second, this course is an elective related to real estate in a series available to prepare Rice MBA students interested in career opportunities in the Real Estate Industry in finance, and more specifically in Banking, and Investment banking, Private Real Estate Companies, and REITs. You need to have a reasonably good understanding of the creation of value through the workings of various asset classes of real estate, and be able to build on that knowledge by learning the sources of Capital and how Capital can accessed. You will be challenged to determined what came first the “chicken” or the “egg,” (i.e. Does having control of the “real estate,” give you access to capital; or, alternatively by having control of the “capital” give you the opportunity to acquire real estate? You will also need to have an understanding of financial analysis to evaluate the Capital needs of an investment, and to determine alternative financial strategies. Repeatable for Credit.