REAL ESTATE - MAJOR OR MINOR
As a Real Estate major or minor at VSB, you will develop an understanding of real estate investment, development, modeling, capital markets, accounting and law, as well as the role of real estate in corporate strategy and the global economy. The curriculum incorporates site visits, case studies, expert perspectives and industry-standard software tools so that you learn how the theory ties to practice. Your course projects will include completing valuations for actual retail centers and office buildings, and a capstone development project that includes site selection, market analysis, project completion and resale.
To start, you must complete the core curriculum and business curriculum along with the major requirements and electives, as outlined below.
You must complete the core curriculum and business curriculum plus your major requirements, along with the two required minor courses and one elective, as outlined below.
Note: Starting Class #2025, all VSB minors, including REAL minor, require three unique courses to complete the minor requirements.
REQUIRED MAJOR COURSES - CLASS OF 2023 OR BEYOND
RES 2150 - Real Estate Fundamentals
- Description:
- An introduction to the field of real estate, includes the following broad topical areas: the legal nature of real estate, valuation and appraisal, real estate finance, and the secondary mortgage market.
- Credit Hours:
- 3
- Last Offered:
- Fall 2021, Spring 2021, Fall 2020, Spring 2020
- CRSE Attributes:
- NONE
RES 2250 - Real Estate Law
- Topics in real estate law: ownership, possession and management of land and buildings, landlord and tenant, nonpossessory rights, contractual documents and agreements, transfer of rights; title insurance, moral and ethical dimensions, financing the transaction, litigation and claims involving real estate.
- 3
- Fall 2021, Spring 2021, Fall 2020
- NONE
RES 3150 - Real Estate Investments
- Description:
- Valuation of commercial real estate properties including discounted cash flow approach. Pro forma accounting statement modeling, cash flow forecasting, lease price determinants, initial and exit cap rate determination and ultimately valuing actual real estate properties. The "four food groups" of commercial real estate.
- Prerequisites:
- RES 2150
- Credit Hours:
- 3
- Last Offered:
- Fall 2021, Spring 2021, Fall 2020, Spring 2020
- CRSE Attributes:
- NONE
Plus two of the following:
Up to Class #2026, 3 cr. choose from below may also fulfill REST elective requrements:
- ECO 3112 - Public Sector Economics, OR
- ECO 3140 - Urban Economics
FIN 2350 - Real Estate Capital Markets
- Public real estate debt and equity markets. Mortgage Backed Securities, Commercial Mortgage Backed securities, Collateralized Mortgage Obligations, Prepayment Modeling, Real Estate Equity Valuation.
- (FIN 2227 and FIN 2323 and FIN 2114)
- 3
- Spring 2021, Spring 2020, Spring 2019, Spring 2018
- NONE
REQUIRED MINOR COURSES
Up to Class #2026, 3 cr. choose from below may also fulfill REAL elective requrements:
- ECO 3112 - Public Sector Economics, OR
- ECO 3140 - Urban Economics
*Indicates a required course.