HADM 4271

Last Updated

  • Schedule of Classes - January 14, 2015 6:16PM EST
  • Course Catalog - January 14, 2015 6:21PM EST

HADM 4271
Investment in Real Estate Securities and Funds

Course information provided by the Courses of Study 2014-2015.

In this course, students manage a real-world portfolio of publicly traded real estate securities. Investment management of the portfolio involves fundamental research in property and securities markets, making initial investments in real estate companies and funds, monitoring and executing trades in positions held in the portfolio, developing/testing trading strategies, and managing risk. The objective of the course is to promote sound real estate investment decision making. Students are exposed to a broad literature on real estate securities, real estate investing, trading strategies, and hedging. They are given opportunities to practice advanced methods of investment management and securities trading with special applications to real estate, such as taking simultaneous long/short positions to achieve alpha while neutralizing systematic risk and using exchange-traded funds consisting of real estate securities to directly hedge long positions.  All types of residential and commercial real estate securities are analyzed, including those of hospitality firms. The universe of tradable securities, in addition to U.S. REITs and selected operating companies, includes those listed on a few foreign exchanges.

When Offered Fall, spring.

Prerequisites/Corequisites Prerequisite: HADM 4280 or HADM 6280 (which can be taken concurrently), or equivalent coursework and securities investment experience.

Comments Elective. Co-meets with HADM 6271. 

View Enrollment Information

Syllabi: none

  •   Regular Academic Session.  Combined with: HADM 6271

  • 3 Credits Grade(GRV)

  • 13610 HADM 4271   LEC 001

  •  

  • Instruction Mode:
    Prerequisites include HADM 4280 or HADM 6280 or equivalent course work and securities investment experience. . Because of the nature of this course, students may not drop this course after the second week of classes. Graduate students must enroll in HADM 6271.