BA5836 REAL ESTATE FINANCE
| Course Code: | 3125836 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Prof.Dr. ZEHRA NURAY GÜNER |
| Offered Semester: | Fall or Spring Semesters. |
Course Objectives
The primary purpose of this course is to introduce students to the real estate markets and financing
alternatives for real estate investments. Real estate has been a traditional investment alternative for
Turkish investors. With the development of the legal framework for financing real estate investments
via mortgages, investment in real estate became more affordable and important for individual as well
as institutional investors.
A broad spectrum of topics on residential and commercial real estate finance and investments are
covered in this course. In the first part of the course, topics specific to residential real estate are
discussed. In the second part of the course, issues related to commercial real estate investments are
covered. In the last part of the course, alternative ways of investing in real estate are introduced.
Furthermore, the performance of real estate investments and their affect on the portfolios of investors
are also evaluated in this part of the course.
Students enrolled in this course should have completed the equivalent of a course in Financial
Management (BA 2802, or BA 5802 or an equivalent). In addition to this, students should also have
completed basic courses in economics, accounting and statistics. If you haven’t taken these courses
and you are still interested in taking this course, please talk to me as soon as possible.
Course Content
Introduction to real estate markets and financing alternatives for real estate investments. Topics on residential and commercial real estate and alternative ways of investing in real estate. Performance of real estate investments and their effect on the portfolios of investors.
Course Learning Outcomes
Upon successful completion of this course, students should be able to:
Course Specific Skills:
Students who complete this course should be able to:
1. understand different aspects of residential and commercial real estate investments
2. evaluate the attractiveness of different financing alternatives for real estate investments
3. understand different ways of investing in real estate
4. discuss the portfolio implications of real estate investments
Discipline Specific Skills:
By the end of this course the students will be able to:
5. Become knowledgeable about real estate investments and valuation;
6. Be able to apply the basic concepts of finance to valuation of different real estate properties;
7. Develop skills in financial analysis, planning, and decision-making;
Personal and Key Skills:
8. Develop problem solving skills
9. Develop writing and discussion skills