Course Administration

    Syllabi

            FIN 4335: Real Estate Investments

            FIN 5345: Real Estate Analysis

 

    Current Grades

            FIN 4335: Real Estate Investments

            FIN 5345: Real Estate Analysis

 

    BAII PLUS Tutorial

 

Lecture Slides

    Test #1 Material -- PRACTICE EXAM PRACTICE EXAM ANSWER KEY

            Introduction to Real Estate Analysis and Investments

            Review of Financial Management

            Real Estate Economics: Space and Asset Markets and the Real Estate System

            Central Place Theory

            The Basics of Urban Economics

            Elementary Real Estate Investment Mathematics

            Advanced Real Estate Investment Mathematics

                    Test #1 Answer Key -- 4335

                    Test #1 Answer Key -- 5345

 

    Test #2 Material -- PRACTICE EXAM, PRACTICE EXAM ANSWER KEY

            Risk and Return in Real Estate Investment

            Portfolio Risk Measures for Real Estate Analysis

            Integrating Risk Considerations into the DCF Analysis

            Proforma Income Statements for Real Estate

            Principles of Negotiation

            Real Options Analysis

 

    Test #3 Material

            Real Options Analysis II

            Valuing Mortgage Backed Securities

            Collateralized Mortgage Obligations

            Alternative Means of Estimating Value

 

           

Problem Sets/Quizzes

           Problem Set #1 -- Location Theory

                     Census Data for Problem Set #1

                        Problem Set #1 -- Answers

            Problem Set #1a -- Zipf's Law and Investment Decisions

                    Population Estimates for Problem Set #1a

 

Course Readings

            Gabaix, Xavier, "Zipf's Law for Cities: An Explanation," The Quarterly Journal of Economics, v. 114, n. 3, August 1999, pp. 739-767.

BID-ASK SPREAD DATA FOR STEVE