Principles of Real Estate

This course is an introduction to real estate, with a special focus on the New York market. The course will provide students an introduction to the dynamic field of real estate. The course will focus on real estate including private legal and market influences. Students will learn about market and investment valuations and their impact on real estate transactions. Ownership interests and the practical applications of real estate transactions will be discussed. The student will study: factors of supply and demand that create value in market analysis, real estate services available (brokerage, property management, real estate appraisal, financing), real estate investment analysis for income producing properties, and the development process including an introduction to feasibility analysis and site selection.