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New Technologies in Commercial Real Estate Concentration

Why New Technologies in Commercial Real Estate?

Learn to analyze and assess real estate markets and property valuations using advanced applications, and apply these skills to negotiate and develop real estate opportunities. As part of the Rutgers Stackable Business Innovation Program (rSBI), the New Technologies in Commercial Real Estate Concentration is stackable with the following master's program: MBA

Concentration Description

This concentration serves two objectives. First, students will analyze investment opportunities in commercial property markets using market, property, and lease information. Their analysis will be aided by using leading-edge tools and technology such as CoStar and ARGUS. The second objective involves an in-depth study of real estate market analysis followed by a use of these tools, combined with a basic understanding of real estate law and negotiation, to analyze and value development opportunities.

Courses

You can take the course listed below as individual classes or as stackable courses towards the completion of a concentration.

Real Estate Finance

The central objective of this course is to provide students with the background and tools necessary to analyze property markets from the perspective of an institutional investor. This involves acquiring and using market and property-related information to develop projections of the expected future cash flows generated by a given property and using them to construct measures of value, risk, and return. The impact of new lending and leasing platforms on property markets will also be considered. The course provides extensive training and certification in ARGUS, a real estate industry-specific program used for entering and compiling market, property, and lease information.

Course Number: 22:390:695
Prerequisites: Ability to understand and apply discounted cash flow analysis.
Credits: 3
Delivery Mode: In-person
Offered By: MBA
Relevant Programs: MBA
Sample Relevant Careers: Real Estate Development Associate, Equity Analyst, Investment Manager, Commercial Loan Officer

Real Estate Law

This course provides an overview of the legal issues which confront the real estate executive from the commencement of a real estate transaction and throughout the relationship between the parties to such transactions. In addition to many standard real property law concepts will be covered, the course will focus on the transactional aspects of the real estate business, including acquisition, disposition, development, investment, management, leasing, tax implications and negotiations. The course will further emphasize the challenges new technologies influence legal processes as employed in property markets.

Course Number: 22:851:650
Credits: 3
Delivery Mode: In-person
Offered By: MBA
Relevant Programs: MBA
Sample Relevant Careers: Real Estate Development Associate, Equity Analyst, Investment Manager, Commercial Loan Officer

Market Analysis and Valuation in Real Estate

This course explores the sources of property information and market data used in studies of real estate markets and provides an in-depth analysis of trends, market activity, sales, lending, and leasing. The course includes analysis of both residential and commercial real estate and covers demographic analysis, regional growth, construction cycles, urban land markets, and location theory. Exercises and applications focus on estimating and predicting property demand, supply, vacancy, and value using modeling in economics, statistical machine learning, and agent-based machine learning.

Course Number: 22:851:630
Prerequisites: Real Estate Finance (22:390:695)
Credits: 3
Delivery Mode: In-person
Offered By: MBA
Relevant Programs: MBA
Sample Relevant Careers: Real Estate Development Associate, Equity Analyst, Investment Manager, Commercial Loan Officer

Real Estate Development

This course overviews real estate development of urban places, including the many challenges of the development process such as analyzing market sectors and development opportunities, comprehending the development context of regulation, public policy and politics, raising investment capital, assembling land, program formulation, building types, construction management, marketing, and sales. Examples of development projects will be presented, each focusing on specific aspects of the process. Students will learn how to access and harvest online information to understand environmental and legal challenges to real estate redevelopment.

Course Number: 22:851:632
Prerequisites: Real Estate Finance (22:390:695) and Real Estate Law (22:851:650)
Credits: 3
Delivery Mode: In-person
Offered By: MBA
Relevant Programs: MBA
Sample Relevant Careers: Real Estate Development Associate, Equity Analyst, Investment Manager, Commercial Loan Officer

The concentration and courses are offered by the Finance & Economics Department

Sample Relevant Careers: Real Estate Development Associate, Equity Analyst, Investment Manager, Commercial Loan Officer

How to Apply

Learn about the admissions process and requirements to apply.

Admissions

Rutgers Stackable Business Innovation (rSBI)

The future of education is changing. The Rutgers Stackable Business Innovation (rSBI) program allows you to design your own cutting-edge curriculum to earn a standalone certificate or take courses that be transferred towards completing a Master’s degree. Working professionals can enhance their knowledge and upskill by taking relevant courses. If you are a student considering a Master’s degree, rSBI is a perfect way to test the waters in a particular discipline before committing to a full degree program. Employers can invest in the professional development of their employees and choose the courses that address business needs.

Concentrations & Courses

rSBI Finance & Economics Concentration courses are taken during the course of the fall and spring semesters. Note that not all courses are offered every semester.

Financial Data Analytics and FinTech