Your Course of Study
Through case studies, interactive classroom exercises, intensive small group discussions, and exposure to the latest research, the Real Estate Executive Seminar prepares seasoned real estate developers, investors, and their service providers to navigate capital markets; analyze political, governance, and environmental constraints; and identify and select profitable development and investment alternatives. In addition to the concentrated learning that takes place in peer groups, faculty from multiple disciplines with diverse viewpoints add to an enriching and engrossing educational experience.
Capital Markets, Project Finance, and Business Strategy
- Evaluate funding options, including project versus corporate funding, public capital markets, seller financing, foreign equity, construction loans, and refinancing of existing properties and portfolios
- Negotiate and structure complex deals, including innovative contract designs, capital structures, and risk sharing
- Assess risk and opportunity in international development
- Evaluate which financing, recapitalization, and refinancing structures best mesh with your development strategy
- Explore energy efficiency financing
Strategy and Leadership
- Lead your organization through periods of change
- Consider how various global economic and capital market scenarios may impact your business strategy
- Explore ways to lead during periods of uncertainty, stress, and downsizing—and to manage teams through a more robust recovery
- Examine whether to restructure for long-term business success following the resolution of the credit crisis
- Address conflicts with business partners, with shareholders, and in personal relationships
Sustainability and Resource Productivity
- Anticipate the ways in which population growth and resource cost and scarcity will be the primary drivers of the economics of large-scale real estate development for the next century
- Explore ways to protect asset values and cash flows by incorporating long-range infrastructure investments, transit and water into projects
- Learn the most effective settings for successful public-private partnerships in real estate and infrastructure markets
"The most valuable part of the program was meeting a great group of very accomplished people—and learning from them both inside and outside the classroom. At HBS, you learn to consider your business from different angles and hear different perspectives, so the diversity of the participants was priceless. During case discussions, facilitators asked open-ended questions that brought out each person’s stories. If I heard something intriguing, then during a break I could say, 'I am working on something similar. Please tell me more.' Now, when I run across a new challenge, I can pick up the phone, talk with someone who has been there before, and feel more confident in the actions I take."
Tony Hicks [President], Hicks Real Estate Consulting, U.S.