
Leading firms are involved in real estate securitization in New York City. (Photo courtesty of openphoto.net.)
Instructor(s)
Prof. David Geltner
Prof. Tod McGrath
MIT Course Number
11.432J / 15.427J
As Taught In
Spring 2007
Level
Graduate
Course Description
Course Features
Course Description
This half-semester course introduces and surveys the major public capital market real estate vehicles, REITs and MBS (with primary emphasis on CMBS). Some background is also included in basic modern portfolio theory and equilibrium asset pricing. This course is primarily designed to provide MSRED students with a basic introduction to the public capital market sources of financial capital for real estate, and how those markets value such capital investments.
Other Versions
Other OCW Versions
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