Real Estate Division

BUSI 446 - Real Estate Development II

Course Structure

This is a scheduled online course that is completed over 15 weeks, to be taken after students have completed BUSI 445. The weekly work typically includes reading one or more chapters, watching an instructional video, and completing a multiple choice assignment. There are three term projects required and the course ends with a written online examination.

Course Details/Syllabus

Lesson No. 8: Economic Feasibility Analysis 
Lesson No. 9: Development Approval Process 
Lesson No. 10: Introduction to Development Finance 
Lesson No. 11: Financing Development 
Lesson No. 12: Project Management in Construction 
Lesson No. 13: Marketing and Sales 
Lesson No. 14: Strategic Decision Making

Weekly multiple choice assignments: 10% of final grade.

Project 1: Economic feasibility analysis of a land development: 25% of final grade.

This project requires students to determine the feasibility of a proposed property development (continued from BUSI 445), by constructing pro forma budgets and cash flows.

Project 2: Project scheduling in real estate development: 15% of final grade.

This project requires students to prepare (1) a generalized development schedule that gives an overview of the development process from implementation to sales, and (2) a detailed flow chart that allows everyone connected with the project to navigate through the development process for their property from project 1.

Project 3: Marketing plans in real estate development: 10% of final grade.

This project requires students to create a marketing plan for the development using the concepts introduced in the course.

Final exam: Multiple choice and short-answer written questions: 40% of final grade.

See Table of Contents for the textbook for this course:

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