11.432J / 15.427J
Real Estate Capital Markets

Prerequisites: 
11.431, 15.401, 15.402, or 15.407

Introduces real estate capital markets for institutional investors. Topics include real estate investment trusts (REIT), commercial mortgage-backed securities (CMBS), and private equity. Concepts and techniques for investment analysis include portfolio theory and equilibrium asset pricing. Additional topics may include price indexing and derivatives.