RE DEV 202A
Real Estate Development and Finance I
Real Estate Development · 4 units · Graduate courses (200-299)
Covers core principles of and critical decisions within real estate development and finance. Students learn how to create and use proformas from scratch in Excel to understand asset value and analyze and compare real estate investments. Topics include core real estate finance concepts—discounted cash flow (DCF), net present value (NPV), internal rate of return (IRR), net operating income (NOI), amortization, cap rates, etc.—the fundamentals of thinking about real estate, the development process, risk/reward, opportunity costs, leases, the use of debt and equity, and waterfalls.
Letter grading.
Requisites
UCLA lists no requisites for this course.
Requires
Everything that has to come before this course, not just the courses named in the requisite above.
Nothing — this is an entry point.
Unlocks
What this course is a requisite for, and what those courses lead to in turn.
No course in the catalog lists this as a requisite.