Real Estate Program

Course Offerings Fall 2016 and Spring 2017

Graduate
Undergraduate
Course Descriptions
Faculty

    Fall 2016

  1. FINA 7397 Principles of Real Estate
    FINA 4397 Principles of Real Estate

    Instructor: Charles J. “Chuck” Jacobus, LLB, Attorney at Law
    • 3 Credits
    • Required course for Real Estate Certificate
    Introductory, overview course covering all major aspects of real property and estate business, including land title and ownership interests, title, encumbrances and title insurance policies, surveys , laws and regulations controlling real estate, development and construction, financing of real estate, roles and responsibilities of participants in real estate development and related topics.
    Graduate Student Prerequisite: Completion of FINA 7A10 Intermediate Corporate Finance and Valuation .

  2. FINA 7397 Developing a Real Estate Project
    FINA 4397 Developing a Real Estate Project

    Instructor: William Brandon Houston, Senior Vice President, Trammell Crow Company
    • 3 Credits
    • Required course for Real Estate Certificate
    Introduction to the real estate development industry including applied processes and best practices used on actual development projects. The course follows the development process from an entrepreneurial and “deal making” point-of-view. Course topics include market analysis, site selection, project budgeting/financial analysis, land acquisition, marketing and leasing, joint ventures, financing, design and construction management, and dispositions. In addition, this course will utilize case studies to illustrate these practices, and illustrate the multidisciplinary nature of real estate development teams.
    Graduate Student Prerequisite: Completion of FINA 7A10 Intermediate Corporate Finance and Valuation .

  3. FINA 7380 Real Estate Finance and Investment
    Instructor: Steven J. “Jamie” Bryant, Executive Vice President, Midway
    • 3 Credits
    • Required course for Real Estate Certificate
    This introductory course provides an overview of financing for all major real estate assets as well as the principles and practices of real estate finance and investment. The course will focus on the fundamentals of commercial real estate, the financial tools needed to analyze and make decisions related to real estate, and the variables that need to be identified and quantified as part of that process. The course will also review leverage, and its impact on real estate projects, and how to calculate various forms of debt structures used to finance commercial real estate. The course examines pre and post- tax investment analysis, annual cash flows, sales proceeds at disposition with focus on tax implications and target IRR attainment. In addition, this course will utilize case studies to illustrate these practices, and the real life decision making that takes place by real estate professionals on a day to day basis.
    Graduate Student Prerequisite: Completion of FINA 7A10 Intermediate Corporate Finance and Valuation .

  4. FINA 4380 Real Estate Financial Analysis
    Instructor: Jim Adams, Managing Director, BERKADIA
    • 3 Credits
    • Required course for Real Estate Certificate
    The course provides an overview of financing for all major real estate asset classes. It includes the principles and practices of real estate finance and investment, focusing on the fundamentals of commercial real estate, the financial tools needed to analyze and make decisions related to real estate financing, and the variables to be identified and quantified as part of the process. Examination of leverage, its impact on projects, and how to calculate various forms of debt structures used in the finance of commercial real estate. Case studies will be utilized to illustrate the common practices in the business.
    Prerequisite: Completion of FINA 4330 Corporate Finance with Grade of B or higher.

  5. Spring 2017

  6. FINA 7397 Principles of Real Estate
    FINA 4397 Principles of Real Estate

    Instructor: Charles J. “Chuck” Jacobus, LLB, Attorney at Law
    • 3 Credits
    • Required course for Real Estate Certificate
    Introductory, overview course covering all major aspects of real property and estate business, including land title and ownership interests, title, encumbrances and title insurance policies, surveys , laws and regulations controlling real estate, development and construction, financing of real estate, roles and responsibilities of participants in real estate development and related topics.
    Graduate Student Prerequisite: Completion of FINA 7A10 Intermediate Corporate Finance and Valuation.

  7. FINA 7397 Residential Real Estate
    FINA 4397 Residential Real Estate

    Instructor: Will Holder, President, Trendmaker Homes Houston, John Hammond, President, Friendswood Development Company, Jerold “Jerry” Winograd, President, Judwin Properties, Inc. and C. David Hargrove, CPM; COO, Asset Plus Companies
    • 3 Credits
    • Elective course
    Overview of the major divisions of residential real estate, multi-family, single family, community development and homebuilding in which students gain knowledge and skills in all professional aspects of the residential business, financial analysis, market analysis, financing, development, sale or leasing and operations. This is an “enterprise based course”, meaning-how a multifaceted residential real estate company is organized and operates at corporate level. Prerequisites: Graduate Standing and completion of FINA 7A97 Advanced Valuation-Principles and Practices, or consent of instructor.
    Graduate Student Prerequisite: Completion of FINA 7A10 Intermediate Corporate Finance and Valuation.

  8. FINA 7397 Mastery of Real Estate – Capstone Course
    FINA 4397 Mastery of Real Estate – Capstone Course

    Instructors: Jonathan Brinsden, CEO, Midway, Brooks W. Howell, AIA, Project Architect, Gensler, Keith Richards, MBA, Real Estate Consultant
    • 3 Credits
    • Elective course
    As “Capstone” this course organizes the knowledge and skills learned in the core courses’ and refines it into practice based professional application. It also examines current industry dynamics and identifies leading edge innovations in the profession. The course utilizes case studies, project field trips, development of business plans, and team case study projects. This course is sponsored by the Stanford Alexander Center for Excellence in Real Estate and the student’s results are published in a Journal and presented at symposium attended by leaders of the Houston real estate community.
    Graduate Student Prerequisite: Completion of FINA 7A10 Intermediate Corporate Finance and Valuation.

  9. FINA 7397 Real Estate Market Analysis, Project Feasibility and Valuation
    FINA 4397 Real Estate Market Analysis, Project Feasibility and Valuation

    Instructors: Scott M. Rando, MAI, Senior Managing Director, Valuation & Advisory Group, Cushman & Wakefield of Texas
    • 3 Credits
    • Elective course
    • Course qualifies toward CCIM educational requirements for CCIM professional designation, see Note (1) below
    This introductory course covers the fundamentals of market research in real estate and determination of development project feasibility. Topics include land economics, shift share analysis, market demand forecasts, and assessment of competitive conditions, determination of market risk plus project vacancy and absorption projections for residential, commercial and mixed use projects.
    Graduate Student Prerequisite: Completion of FINA 7A10 Intermediate Corporate Finance and Valuation.

Notes:

1) CCIM (Certified Commercial Investment Member) CCIM Institute University Alliance Program
The educational requirement of the CCIM designation is successful completion of four CCIM courses,

  1. CI 101, Real Estate Financial Analysis
  2. CI 102, Market Analysis
  3. CI 103, User Decision Analysis, and
  4. CI 104, Investment Analysis

Pursuant to the CCIM University Alliance Reciprocal Education Agreement, UH C. T. Bauer College of Business is a partner university and two of Bauer’s academic courses count toward completion of the CCIM academic course requirements:

  1. CI 101 Real Estate Financial Analysis-FINA 7380 Real Estate Finance and Investment
  2. CI 102 Market Analysis-FINA 7397 Real Estate Market Analysis and Valuation

CCIM recognition of student completion of these two courses toward the CCIM academic course and other requirements are pursued as follows:

To allow the graduates of the Master’s Program at the University of Houston who are interested in becoming a CCIM designee to adhere to the following:

  • Must submit a CCIM University Fast Track Application and apply for Candidacy
  • Must demonstrate proof of completing the university graduate program (transcript and copy of diploma required)
  • Upon approval of the University Fast Track Application, be given credit for the following two core courses:
    • CI 101 – Financial Analysis
    • CI 102 – Market Analysis
  • Must successfully complete through CCIM:
    • CI 103 – User Decision Analysis course
    • CI 104 – Investment Analysis
  • Complete 8 hours of CCIM Negotiations Training
  • Must fulfill CCIM Institute’s portfolio requirement. The portfolio must go through the Institute’s approval process.
  • Must pass the comprehensive exam

 

 

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Contact Us

UH Bauer Real Estate Program
334 Melcher Hall,
Houston, TX 77204-6021
Physical Location:
CBB Room 302
Phone: 713-743-1968
Fax: 713-743-5458
realestate@bauer.uh.edu
www.bauer.uh.edu/real-estate

Counseling

Student Academic
Counseling & Advising

Open Sessions:
Every Tuesday
Time: 9 – 10:30 a.m.
Location: Real Estate Program Offices, CBB, 302
No Appointment Necessary