Required Courses--Option 1
(4 of these courses are required)
Introduction to Real Estate Finance
Identify sources of capital and analyze the types of financing available in today's residential and commercial real estate markets. Topics include mortgage instruments and notes;...(click on course name to read more)
X62.9100
$670
Real Estate Investment Analysis: Analyzing the Deal
Learn how experienced investors analyze a commercial real estate deal and determine its potential for profitability. Topics include analyzing income and expenses, debt underwriting, equity...(click on course name to read more)
X62.9110
$640
Real Estate Financial Analysis I
Acquire a solid understanding of real estate cash flow analysis concepts with this financial calculator-based course. Examine the calculations and measurements employed in quantitative real...(click on course name to read more)
X62.9351
$640
The Real Estate Development Process
Learn the fundamental phases of the real estate development process. Property and project types covered include commercial office, multifamily, mixed-use, re-development, and urban infill. Topics...(click on course name to read more)
X62.9402
$640
Electives--Option 1
(2 of these courses are required)
New York Real Estate Salesperson's Course (45-Hour)
X61.9500
*
Accelerated New York Real Estate Salesperson's Course (45-Hour)
X61.9501
*
New York Real Estate Broker's Course
X61.9600
*
Accelerated New York Real Estate Broker's Course
Completion of this 45-hour course, together with the 75-hour New York Real Estate Salesperson's Course, is required to apply for a New York State real...(click on course name to read more)
X61.9601
$495
Introduction to Income Property Valuation (G1)
X62.7310
*
Principles of Income Property Appraising (G2)
X62.7320
*
Applied Income Property Valuation (G3)
X62.7550
*
Commercial Leases
This course provides an in-depth analysis of the financial, managerial, and legal implications of office and retail leases. Topics include real estate taxes and escalation...(click on course name to read more)
X62.9031
$640
Fundamentals of Real Property Law
Acquire an understanding of legal concepts and issues involved in real estate investment, development, and ownership. Using primarily residential property cases, this course presents an...(click on course name to read more)
X62.9147
$595
Real Estate Financial Analysis II
Apply the real estate financial analysis concepts and mathematical techniques taught in Real Estate Financial Analysis I to four property types: office, residential, industrial, and...(click on course name to read more)
X62.9353
$640
Real Estate Capital Markets
Acquire an understanding of real estate capital markets through securitization of debt and equity. Starting with a review of the role of a traditional real...(click on course name to read more)
X62.9412
$640
Summer Institute in the Business of Real Estate: Finance and Investment
Increase your practical and strategic knowledge of real estate in the most exciting real estate market in the world--New York City. This intensive one-week program provides a solid foundation for understanding the high-stakes business of commercial real estate. Through exposure to actual cases, students understand the real issues involved in the creation of real estate assets and real estate value.
AREAS COVERED Real estate valuation concepts and techniques. Pre-purchase due diligence review. Investment and income analysis. Financing and underwriting principles and practices. Capital markets, REITs, and debt securitization. Leasing. Investment decision making. WHO SHOULD ENROLL This program is designed for those interested in entering or further understanding the real estate business, individuals whose careers involve them closely with the real estate business, and international students or professionals who seek an in-depth understanding of the largest real estate market in the world.
FACULTY The team of senior instructors is drawn from the graduate and professional program faculty of NYU's Schack Institute, all of whom are accomplished professionals in their fields, as well as seasoned instructors.
...
(click on course name to read more)
X62.9630
$1,995
Market Analysis for Real Estate Investment and Development
Examine supply-and-demand dynamics and their impact on real estate market forecasts, investments, and development decisions. The course introduces fundamental approaches to real estate market analysis...(click on course name to read more)
X62.9635
$595
Financial Analysis for Commercial Investment Real Estate (CI-101)
Gain a thorough understanding of financial analysis tools, concepts, and calculations to help you make sound decisions on commercial real estate investment. Beginning with the...(click on course name to read more)
X62.9801
$1,395
Market Analysis for Commercial Investment Real Estate (CI-102)
Learn the process of analyzing historic trends and existing data to assess both current and future market conditions that impact real estate decisions. Economic base...(click on course name to read more)
X62.9802
$1,395
User Decision Analysis for Commercial Investment Real Estate (CI-103)
Explore the pertinent aspects of the valuation and costs of commercial leasehold interests. Topics include a review of basic valuation concepts; expanded time value of...(click on course name to read more)
X62.9803
$1,395
Investment Analysis for Commercial Investment Real Estate (CI-104)
X62.9804
*
Residential Property Management
Study the practical aspects of managing multifamily properties, including implementing operational policies and supervising day-to-day operations. Topics include hiring and training staff; delegating ongoing general...(click on course name to read more)
X63.9026
$575
Commercial Property Management
Learn the techniques and strategies for successful management of commercial buildings, this course analyzes both the financial and physical management functions. Topics include various forms...(click on course name to read more)
X63.9027
$595
Managing Building Systems and Maintenance I
Managing commercial properties and facilities requires a working knowledge of all aspects of building systems, maintenance, and repair. This course covers building infrastructure and staffing;...(click on course name to read more)
X63.9028
$595
Principles of Facility Management
This course provides an introduction to the principles, practices and roles of facility management professionals within a business. Topics include the facility management mission; common...(click on course name to read more)
X63.9032
$595
Managing Building Systems and Maintenance II
Managing commercial properties and facilities requires a working knowledge of all aspects of building systems, maintenance and repair. This course covers electrical distribution; lighting; fire...(click on course name to read more)
X63.9037
$595
Facilities Planning and Project Management
Learn the skills needed to manage a facility-based project while dealing with the corporate organization and its financial constraints. Topics include planning for renovations, relocation,...(click on course name to read more)
X63.9047
$575
Fundamentals of Corporate Real Estate Finance
Understanding and communicating the fiscal importance of facilities to executive management is critical to a facilities manager. Utilize these skills to be involved in the...(click on course name to read more)
X63.9050
$595
Commercial Property Budgets and Reports
Learn how to create an operating budget on a cash basis and a capital budget. Topics include profit and loss statement analysis, balance sheets, arrears...(click on course name to read more)
X63.9073
$595
Landlord/Tenant Law
Examine the array of legal issues that face landlords, agents, property managers, and real estate attorneys. Topics include leases (formalities, requisites, key clauses, mandated disclosures,...(click on course name to read more)
X63.9107
$575
Summer Institute in Construction: Project Management
The construction project manager's role is increasingly critical in the dynamics of the building and construction industry. New opportunities are rapidly opening up for individuals seeking to start or advance a successful career in construction. This intensive one-week program provides a solid foundation, focusing on the complexities and techniques of effective construction project management. By week's end, students have a greater understanding of the industry and have acquired practical tools to put to use immediately in their current positions.
AREAS COVERED
Overview of the construction industry. Project teams and organizations. Project management techniques. Construction management versus general contractor. Bidding and contract award procedures. Construciton budgets. Cost estimating. Construction planning and scheduling. Cost control. Change order management. WHO SHOULD ENROLL This program is designed for those interested in entering or further understanding the construction management business, individuals whose careers involve them closely with construction projects, and international students or professionals who seek in-depth understanding of the world's largest market.
FACULTY The team of senior instructors is drawn from the graduate and professional program faculty of the NYU Schack Institute of Real Estate, all of whom are accomplished professionals in their fields, as well as experienced instructors.
Randy Apfelbaum , senior project manager, Jones Lang LaSalle Americas, Inc. Richard Lambeck , PE, principal, RL Projects and clinical associate professor, NYU Schack Institute of Real Estate. Michael D. Ross , assistant vice president, Bovis Lend Lease LMB, Inc.
PROGRAM NOTES This program counts towards the Certificate in Construction Project Management for students pursuing the summer accelerated option.
(click on course name to read more)
X63.9650
$1,995
Summer Institute in Real Estate Development
Delve into all aspects of the real estate development process and gain a solid understanding of the procedures, issues, and complexities that come into play in the development of real estate--from inception to occupancy. Study the phases of real estate development and acquire essential knowledge and skills. Case studies are used throughout the program.
Overview of the real estate development process. Legal concepts. Market analysis and project site selection. Financial feasibility analysis. Project development finance, sources of capital, pro forma, and various financing structures. Construction contract and delivery methods. Marketing, leasing, and tenant placement. Operations and asset management. Land use review, legal concepts, governmental agencies, and assemblages. WHO SHOULD ENROLL This program is designed for those interested in entering or further understanding the real estate development business, those whose careers involve them closely with development projects, and international students or professionals who seek an in-depth understanding of the most active real estate development markets in the world.
FACULTY The team of instructors is drawn from the graduate and professional program faculty at the NYU Schack Institute of Real Estate, all of whom are accomplished professionals in their fields, as well as seasoned instructors.
Matthew Kasindorf , partner, Meister, Seelig & Fein LLP. Stephen P. Peca , managing director and founding member, Concourse Realty, LLC. Michael D. Ross , assistant vice president, Bovis Lend Lease LMB, Inc. Ciro R. Trotta , adjunct assistant professor, New York University. PROGRAM NOTES This program counts towards the Certificate in Real Estate Finance and Investment for students pursuing the summer accelerated option. Tuition includes course materials, refreshments, and luncheons.
(click on course name to read more)
X63.9660
$1,995
Required Courses--Option 2
(2 of these courses are required)
Summer Institute in the Business of Real Estate: Finance and Investment
Increase your practical and strategic knowledge of real estate in the most exciting real estate market in the world--New York City. This intensive one-week program provides a solid foundation for understanding the high-stakes business of commercial real estate. Through exposure to actual cases, students understand the real issues involved in the creation of real estate assets and real estate value.
AREAS COVERED Real estate valuation concepts and techniques. Pre-purchase due diligence review. Investment and income analysis. Financing and underwriting principles and practices. Capital markets, REITs, and debt securitization. Leasing. Investment decision making. WHO SHOULD ENROLL This program is designed for those interested in entering or further understanding the real estate business, individuals whose careers involve them closely with the real estate business, and international students or professionals who seek an in-depth understanding of the largest real estate market in the world.
FACULTY The team of senior instructors is drawn from the graduate and professional program faculty of NYU's Schack Institute, all of whom are accomplished professionals in their fields, as well as seasoned instructors.
...
(click on course name to read more)
X62.9630
$1,995
Summer Institute in Real Estate Development
Delve into all aspects of the real estate development process and gain a solid understanding of the procedures, issues, and complexities that come into play in the development of real estate--from inception to occupancy. Study the phases of real estate development and acquire essential knowledge and skills. Case studies are used throughout the program.
Overview of the real estate development process. Legal concepts. Market analysis and project site selection. Financial feasibility analysis. Project development finance, sources of capital, pro forma, and various financing structures. Construction contract and delivery methods. Marketing, leasing, and tenant placement. Operations and asset management. Land use review, legal concepts, governmental agencies, and assemblages. WHO SHOULD ENROLL This program is designed for those interested in entering or further understanding the real estate development business, those whose careers involve them closely with development projects, and international students or professionals who seek an in-depth understanding of the most active real estate development markets in the world.
FACULTY The team of instructors is drawn from the graduate and professional program faculty at the NYU Schack Institute of Real Estate, all of whom are accomplished professionals in their fields, as well as seasoned instructors.
Matthew Kasindorf , partner, Meister, Seelig & Fein LLP. Stephen P. Peca , managing director and founding member, Concourse Realty, LLC. Michael D. Ross , assistant vice president, Bovis Lend Lease LMB, Inc. Ciro R. Trotta , adjunct assistant professor, New York University. PROGRAM NOTES This program counts towards the Certificate in Real Estate Finance and Investment for students pursuing the summer accelerated option. Tuition includes course materials, refreshments, and luncheons.
(click on course name to read more)
X63.9660
$1,995
Summer Institute in Real Estate Asset Management
Examine the techniques for increasing the value of real estate assets under management on behalf of ownership. Learn the components of asset management that directly affect the cash flow and underlying value of a single asset or a portfolio of assets. This one-week intensive examines the decision-making process from the property, asset, and portfolio management perspectives.
AREAS COVERED
The roles of the property, asset, and portfolio manager. Understanding investor objectives and relations. Buy/hold/sell decision analysis. Commercial leases. Commercial real estate transactions. Acquisition and disposition within the framework of due diligence. Property operations and management. Operating and capital budgets and financial reporting. Portfolio management, risk, and diversification strategy.Negotiation concepts and strategies. WHO SHOULD ENROLL This program is designed for those who have completed The Business of Real Estate: Finance and Investment and are interested in further understanding the role of real estate asset managers, individuals whose careers involve them closely with income-producing property deals, and international students or professionals who seek in-depth understanding of the largest real estate market in the world.
FACULTY The team of senior instructors is drawn from the graduate and professional program faculty at NYU's Real Estate Institute, all of whom are accomplished professionals in their fields, as well as seasoned instructors.
Alan Eidler , chief executive officer, Spiegel Associates. Sholem Friedman , Esq., adjunct professor, NYU Schack Institute of Real Estate. Tom Geurts , academic director and clinical associate professor, NYU Schack Institute of Real Estate. Gerald Levy , clinical associate professor, NYU Schack Institute of Real Estate. Andrew V. Lofredo , director, CB Richard Ellis Asset Services. George Ross , chief counsel, Trump Organization.
PROGRAM NOTES This program counts towards the Certificate in Real Estate Finance and Investment for students pursuing the summer accelerated option.
Tuition includes course materials, refreshments, and luncheons. For those seeking a letter grade for this course, an exam is administered on the final day of class.
(click on course name to read more)
X63.9670
$1,995
Summer Institute in Real Estate Investment Decision Analysis
Further your understanding of commercial real estate investment decision analysis with advanced applications of acquisition, renovation, reposition, and disposition analysis. This intensive one-week program provides a framework of advanced financial economic principles and analytical techniques. Beginning with the creation of a cash flow pro-forma statement, and finding the appropriate discount rate based on the weighted average cost of capital (WACC), explore the effects of leverage and do a before-and-after tax investment analysis based on net present value (NPV) and internal rate of return (IRR). In addition, topics like corporate real estate own versus rent decision analysis, lease evaluation/structuring and effective rent analysis, financing of leases with positive leasehold interests, real estate investment capital structure, refinancing and prepayment decisions, quantifying default risk, investment performance and benchmarking, and financing cost are explored.
AREAS COVERED
Qualitative real estate investment analysis. Discounted cash flow analysis Net present value and internal rate of return. Financial modeling and simulations. Effects of leverage. Understanding and using essential ratios. Sensitivity analysis. Lease evaluation. WHO SHOULD ENROLL This program is designed for those who have completed The Business of Real Estate: Finance and Investment and are interested in further understanding real estate investment analysis, individuals whose careers involve them closely with income-producing property deals, and international students or professionals who seek in-depth understanding of the largest real estate market in the world.
FACULTY The team of senior instructors is drawn from the graduate and professional program faculty of the NYU Schack Institute of Real Estate, all of whom are accomplished professionals in their fields, as well as experienced instructors.
Tom Geurts , academic director and clinical associate professor, NYU Schack Institute of Real Estate. Stephen Manaker , adjunct assistant professor, NYU Schack Institute of Real Estate. Ciro R. Trotta , adjunct assistant professor, NYU Schack Institute of Real Estate.
PROGRAM NOTES This program counts towards the Certificate in Real Estate Finance and Investment for students pursuing the summer accelerated option. Tuition includes course materials, refreshments, and luncheons. For those seeking a letter grade for this course, an exam is administered on the final day of the class. An HP12c financial calculator is required for this course as well as a basic understanding of Microsoft Excel software.
(click on course name to read more)
X63.9680
$1,995
Electives--Option 2
(1 of these courses are required)