Prof. David Geltner
Prof. Tod McGrath
11.432J / 15.427J
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.
Geltner, David, and Tod McGrath. 11.432J Real Estate Capital Markets, Spring 2007. (MIT OpenCourseWare: Massachusetts Institute of Technology), http://ocw.mit.edu/courses/urban-studies-and-planning/11-432j-real-estate-capital-markets-spring-2007 (Accessed). License: Creative Commons BY-NC-SA