HADM 3210

HADM 3210

Course information provided by the Courses of Study 2022-2023.

This course emphasizes practical valuation and decision-making skills. You will receive an introduction to the business of hospitality and commercial real estate, including content on the major roles, activities and players, terminology, and how the relevant financial tools, institutional concepts, and economic models are used for sound investment decision-making.

When Offered Fall, Spring.

Fees Course fee: $60 for database access and training.
Permission Note Enrollment limited to: NSHA students.
Prerequisites/Corequisites Prerequisite: HADM 1210, HADM 2220, or equivalents.

Satisfies Requirement Satisfies core requirement for NSHA students.

Outcomes
  • Examine hospitality (and other commercial) real estate markets to assess suitable investment opportunities given local demand, supply, and real estate price dynamics.
  • Develop cash flow projections based on your market analysis and the operating characteristics of the investment property (based on the Uniform System of Accounts for the Lodging Industry).
  • Analyze financing options under standard fixed- and adjustable-rate mortgages in order to assess the impact of financing choices on (hospitality) real estate investments.
  • Use industry-standard tools to make investment decisions based on your market and property-level analysis and assess investment risks, including considerations around financing and taxation.
  • Assess the profitability of renovation, refinancing or disposition options available to the investor during the holding period of the property.
  • Understand the basics of indirect investment in (hospitality) real estate through listed real estate investment trusts (equity) and real estate debt securities (CMBS).
  • Identify the relevant practical legal concepts that govern the ownership of (hospitality) real estate.
  • Evaluate the impact of management contracts and franchise agreements on real estate owners in the lodging industry.

View Enrollment Information

Syllabi: none
  •   Regular Academic Session. 

  • 3 Credits GradeNoAud

  • 12435 HADM 3210   LEC 001

  • Instruction Mode: In Person
    Prerequisite: HADM 1210 and HADM 2220, or equivalents. No exceptions. We do not allow concurrent registration in HADM 2220. Enrollment limited to: Nolan Students. The last day to drop this course is September 6, 2022.

Syllabi: none
  •   Regular Academic Session. 

  • 3 Credits GradeNoAud

  • 12436 HADM 3210   LEC 002

  • Instruction Mode: In Person
    Prerequisite: HADM 1210 and HADM 2220, or equivalents. No exceptions. We do not allow concurrent registration in HADM 2220. Enrollment limited to: Nolan Students. The last day to drop this course is September 6, 2022.

Syllabi: none
  •   Regular Academic Session. 

  • 3 Credits GradeNoAud

  • 19756 HADM 3210   LEC 003

  • Instruction Mode: In Person
    Prerequisite: HADM 1210 and HADM 2220, or equivalents. No exceptions. We do not allow concurrent registration in HADM 2220. Enrollment limited to: Nolan Students. The last day to drop this course is September 6, 2022.