Nova School of Business and Economics

Real Estate Finance

Code

2243

Credits

3,5

Teacher in charge

Melissa Porras Prado

Teaching language

English

Objectives

In this course the focus is on financial topics related to investing in real estate from the professional investors perspective. The course combines theoretical topics and empirical methods with the actual practices of real estate professionals. Some of the topics included in this course are: real estate in the mixed-asset portfolio; real estate performance measurement, real estate equity securitization, and mortgage-backed securities. The primary objective of the course is to acquire the knowledge and develop analytical skills for jobs in real estate development, brokerage, mortgage banking and investment banking industries.

Prerequisites

Subject matter

1. Real Estate Performance and Valuation
2. Real Estate Securitization
3. Real Estate Portfolio Management
4. Real Estate Derivatives
5. Mortgages
6. Debt Securitization
7. Subprime Crises

Bibliography

Teaching method

There will be three reports due, which are to be done in groups. The final results of the reports will be presented by each group in class. Students will also need to review academic articles and prepare an individual literature review.

Evaluation method

_Final exam 60% (compulsory);
-Group assignment 25%;
-In-class presentations 15%.

Courses