REPX809: Urban Development Strategies

Tackle the issues and complexities of urban infill development!

October 8, 15, 22, and 29, 2013

We will explore the design, construction, marketing, economic development and social implications of urban infill, as well as the political and community dimensions of projects. Throughout this course the practical aspects of urban infill development will be emphasized. The course will also include guest appearances by expert practitioners who will discuss openly and candidly about their urban development experiences.

• Strategies for complex mixed-use development
• California Redevelopment Law
• Public-private partnerships, solicitation methods and partnership structures
• Affordable and mixed-income housing development
• Community involvement and government relations
• Economic and fiscal impact analysis
• Transit-oriented development and smart growth
• Sustainable development
  

REPX810: Managing the Entitlement Process

Gain knowledge of regulatory issues in land use and design for successful results in real estate projects

August 6, 13, 20, and 27, 2013

• The legal framework and societal objectives of the regulatory process
• Introduction to General Plan and Specific Plan policy documents
• The organization of land use and design requirements of the Zoning Ordinance
• The role of the California Environmental Quality Act (CEQA) on project review
• Evolving concepts that address climate change and sustainability
• Elements of the project entitlement budget and schedule
• Understanding the Subdivision Map Act and basic engineering concepts
• Introduction to the legal requirements for dedications and exactions
• The role of State and Federal Agencies and their permit requirements

REPX812: CEQA and Other Environmental Regulations

Shape community development through the application and knowledge of environmental regulations

November 5, 12, 19 and December 3, 2013

• Insight into the primary environmental constraints facing development in San Diego County
• Proven solutions for turning environmental liabilities into assets
• Tools to minimize time and expense related to the environmental review process
• Cutting edge techniques to incorporate sustainable measures into site planning and design
• Case studies demonstrating sustainable design
• Roundtable discussion of the pros and cons of sustainable practices with a local civil engineer, site planner, environmental consultant and developer

REPX813: Real Estate Investment and Income Analysis 101

Gain skils necessary to assist in underwriting standards

February 5, 12, 19 and 26, 2013

• Understanding basic finance (time value of money)
• Financial returns, ratios and benchmarks for feasibility
• Static proforma analysis
• Cash flow projections for income properties
• Development proforma analysis
• Joint ventures & syndications

REPX814: Real Estate Investment and Income Analysis 102

Build financial models for the acquisition and refinancing of commercial real estate

March 5, 12, 19 and 26, 2013

• Structuring a joint venture for a real estate syndication
• Investment opportunity analysis for a bulk sale of condominiums
• Debt/equity restructuring for a distressed project
• Investment analysis as a limited partner in a student housing fund

REPX816: Real Estate Finance

Develop an understanding of real estate capital markets through the various sources of debt and equity

January 8, 15, 22 and 29, 2013

• Property types and various forms of income & expense for each
• Mortgage underwriting and valuation
• Types of real estate debt (construction and permanent loans, secondary and other debt)
• Parties to the financing transaction
• Capital market and sources of real estate capital
• The secondary mortgage market and securitization
• Sources of equity (pension funds, insurance companies, private investors)

REPX817: Legal Aspects of Real Estate

Acquire an understanding of legal concepts and issues involved in real estate investment, development and ownership

May 7, 14, 21, and 28, 2013

• Interests in real property
• Limitations/restrictions on the use of real property
• Legal principles applicable to site acquisition
• Title and physical due diligence
• Environmental issues
• CEQA processing
• Financing, construction and leasing of income properties
• Documenting the deal
• Recent trends and emerging issues

REPX818: Property Management

Learn how sophisticated property management directly impacts the bottom line

April 9, 16, 23 and 30, 2013

REPX827: Development Feasibility

Dive deeply into the techniques you need to mitigate risk and successfully complete projects

June 4, 11, 18 and 25, 2013

REPX828: Real Estate Asset Management

Explore techniques, considerations and strategies in managing a real estate investment portfolio

September 3, 10, 17 and 24, 2013

• The role of market research and analysis
• Land use entitlements and market positioning
• Conceptual market opportunities
• Site and product planning approaches
• Project economics
• Finance structuring, debt and equity
• Phasing and sequence of development options
• Project marketing and site merchandising

REPX811: The Real Estate Process Seminar

Examine the array of fundamental, legal, financial and technical issues involved in the world or real estate

January 10, 2013 or July 16, 2013

This introductory seminar offers a prelude to a more comprehensive approach to the areas of real estate financial instruments, development, investment and acquisitions. The student will be exposed to real estate finance, including the various financial instruments necessary to finance shopping centers, office buildings and industrial buildings.

A downtown walking tour will be offered on July 23,2013 for students that have enrolled in the seminar.

• Understand the fundamentals of development, including land assemblage, land use, entitlements, design considerations, marketing, and leasing.
• Comprehension of real estate investment, valuation and income analysis, and concepts and measurements employed in quantitative real estate investment, valuation and income -property analysis.
• Exposure to legal aspects of real estate and understanding of the historical, foundational, and legal principles involving both commercial and residential real estate.

Update on Tax Considerations in Real Estate Seminar

Gain knowledge of the myriad of tax issues and opportunities that affect owners of real property

September 25, 2013

This seminar examines the various tax issues and opportunities facing real estate investors and professionals. The participant will be exposed to: income tax savings in real estate, like-kind exchanges, choice of entities for holding of realty property from a legal and tax perspective, discussion of dealer versus investor for income tax purposes, vacation home; personal use issues, mortgage interest deductibility, passive activity rules, defining real estate professional requirements, depreciation recapture rules, capitalization versus expense of expenses incurred, allocation of purchase price to land/building and other depreciation options/elections, installment sale reporting rules and related pro/cons of using the installment sale.