The PhD in Real Estate emphasizes intensive training in real estate, economics, econometrics, and finance with the goal of producing research-oriented PhD graduates, while at the same time providing a comprehensive teaching experience

Core Real Estate Courses

Real Estate Finance

The application of theoretical aspects of financial economics to explain real estate financial institutions and markets. Financial and economic methods are applied to residential and commercial real estate.

Real Estate Investments

An intensive case-oriented course in the real estate decision-making process. Special emphasis is placed on value maximization in investment analysis. Carefully selected topics address the process, as well as the risk and rewards of real estate investment, from a local market to an international perspective.

Real Estate Valuation

A study of the principles and techniques of appraising real estate with special emphasis on income producing real estate. The course provides an in-depth look at conventional valuation techniques in addition to modern valuation methods based on statistical inference.

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Real Estate Research Seminars

This seminar series is designed to expose students to the various areas of real estate and other related fields. Special emphasis is directed to academic research.

Seminar in Real Estate Analysis and Finance

Selected topics in real estate analysis and finance. Topics include interest rate theory and mortgage financing, mortgage choice, secondary mortgage market, option theory, derivative assets, efficient market theory, default risk, mortgage insurance, agency problems, and risk management. Discussion of current research, proposal writing, and research methods.

Seminar in Real Estate Markets and Investments

Selected topics in real estate market analysis, urban economics, and investments. Topics include real estate asset pricing, diversification, housing demand, information economics, agency theory, urban spatial structure, financial institutions, and urban public policy. Discussion of current research, proposal writing, and research methods.

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