11.350
Sustainable Real Estate: Economics & Business

Prerequisites: 
Basic real estate courses and/or permission of instructor.

Offers insight into tension and synergy between sustainability and the real estate industry. Considers why sustainability matters for real estate, how real estate can contribute to sustainability and remain profitable, and what investment and market opportunities exist for sustainable real estate products and how they vary across asset classes. Lectures combine economic and business insights and tools to understand the challenges and opportunities of sustainable real estate. Provides a framework to understand issues in sustainability in real estate and examine economic mechanisms, technological advances, business models, and investment and financing strategies available to promote sustainability. Discusses buildings as basic physical assets; cities as the context where buildings interact with the built environment, policies, and urban systems; and portfolios as sustainable real estate investment vehicles in capital markets.