Courses

RED 590.002: Principles of Real Estate Development

• Instructor Adam Walters, PLA, ASLA, ISA, and Imran Aukhil, MBA, MArch
• Semester/Day/Time Fall, Monday, 6 – 8:45 pm
• Class #10233

This course introduces the foundations of real estate development and will introduce students to market analysis, capital markets, site development, pro forma, and the funding of real estate development projects. Throughout the semester, students will learn to understand, explain, analyze, and play the role that a developer of real estate undertakes to transform an idea into a constructed project. Other topics addressed include community planning, entitlements, design, construction, and asset management. A variety of real estate development projects are explored during the semester, including residential, retail, office, hospitality, industrial, and mixed-use.

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RED 590.003: Real Estate Development Law

• Instructor Mack Paul, JD
• Semester/Day/Time Fall, Thursday, 6 – 8:45 pm
• Class #10234

This course will introduce students to local and state legal concepts that are relevant in real estate law and familiarize students with terminology, concepts and procedures. Although the primary focus will be land use and entitlement, the course will also cover other areas of law and policy relevant to urban planning, including real estate law, Constitutional law, environmental law, contract law, and administrative law.

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RED 590.001: Applied Real Estate Economics

• Instructors Jason Kogok
• Semester/Day/Time Fall, Mondays + Wednesdays, 11:45 am – 1 pm
• Class #10202

This comprehensive course offers an in-depth exploration of real estate investing, finance, and economics, with a strong focus on commercial real estate and its unique financial structures & economic inputs. Dive into the essentials of analyzing cash flow statements, including capital expenditures (CapEx) and depreciation, and learn to navigate traditional and alternative loan types. Key topics include tax strategies, debt & equity markets, opportunity costs, and a host of other important economic factors involved in all real estate asset classes. Gain insight into financing methods as well as understanding the basic financial metrics like Net Operating Income (NOI), Capitalization Rate (Cap Rate), Return on Investment (ROI), Internal Rate of Return (IRR), Yield on Cost (YOC) and other variables. You will also be introduced to topics in residential real estate to serve as a knowledge base as you transition into the commercial real estate genre. Special guest speakers and industry leaders in real estate will provide valuable insights on many topics, and give real-world case studies and applications to further the lessons. This course will equip you with the essential practical skills, strategies, and economic frameworks needed for success in both residential and commercial real estate ventures. Students are required to complete assigned readings and assignments and come to class prepared to engage in lively conversation about the topics at hand.

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RED 590.004/ARC 590.001: Housing, Culture, Policy + Production

• Instructor Thomas Barrie, FAIA
• Semester/Day/Time Fall, Wednesday, 6 – 8:45 pm
• Class #10235

This course critically examines and analyzes North American cultural, political, and economic contexts and current trends in land-use planning, housing policy, and production methods. The intersecting complex systems of housing are explicated through historical cultural contexts, dominant zoning, finance and production systems, contemporary reforms, alternative housing and ownership types, and leading-edge fabrication and construction technologies and methods. Each week has a particular focus, which is addressed by readings, lectures, and discussions.

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RED 511: ULI Urban Plan Practicum

• Instructor Adam Walters, PLA, ASLA, ISA
• Semester/Day/Time Spring, Monday, 6 – 8:45 pm

The Urban Land Institute’s Urban Plan for University workshop is a project-based learning curriculum that engages both undergraduate and graduate students. Over the course of the seminar, students take on roles and form teams to respond to a Request for Proposals for a fictitious block-scale project site. They must reconcile the competing agendas and consider tradeoffs to create a well-designed, market-responsive, and sustainable project.

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RED 512: How Cities Are Built: Fundamentals of Urbanism and Environmental Design

• Instructors Joe Michael, AIA, and Imran Aukhil, MBA, MArch
• Semester/Day/Time Spring, Tuesday, 6 – 8:45 pm

This course will give students an overview and understanding of how cities, primarily American ones, are built through the work of professionals in the design industry. Blending an overview of history, theory, building construction + technology, planning policies, and city systems. Students will receive a “crash course” in the fundamental components that impact the design of cities.