Real Estate Finance

Real estate is treated here as a financial asset class, so the course is really about applying time-value-of-money, valuation, and risk-return logic to property rather than memorizing how mortgages or REITs work. You'll spend most of your time computing mortgage amortization and refinancing trade-offs, appraising properties, and running investment analyses with leverage, culminating in a term project that ties the pieces together. It builds naturally on introductory finance and pairs well with investments or fixed-income electives, and it matters because mortgages and mortgage-backed securities sit at the center of both household balance sheets and systemic financial risk.