Your Course of Study
Through case studies, interactive classroom exercises, small group discussions, and exposure to the latest research, you will evaluate the likely short- and long-term impacts on real estate values from the financial market crisis. In addition, you will acquire the skills to anticipate what could happen next and, most important, marshal your organization's stretched resources while the world of tenants, lenders, and vendors is in disarray.
Financial Analysis: Understanding the Global Financial Crisis and Your Portfolio
- Examining what happened to the global financial system
- Anticipating what is next for the real estate cycle
- Exploring the impact of the global downturn on different geographies and markets
- Modeling vastly altered macroeconomic factors into the valuation of properties, loans, and investments
Leadership and Negotiation: Leading in Uncertain Times
- Planning alternative scenarios and recognizing the economic triggers that influence outcomes
- Constructing effective communication strategies when the news is bad or when outcomes are less certain
- Avoiding adverse negotiations when the economic pie is not growing
- Managing projects successfully when vendors, suppliers, and capital sources are in turmoil
Marketing and Design: Responding to Troubled Assets and Troubled Companies
- Repositioning space when demand drives rapid change
- Taking advantage of distressed situations
- Protecting company assets and market position when tenants and vendors are failing
"The Real Estate Management Program is truly outstanding, as it offers the opportunity to view the development process from all perspectives—from conception and design to construction and completion. The faculty members are world-class, and the level of experience and diversity of the participants is excellent. The program enabled me to manage projects more successfully, improve my negotiation skills, and develop more effective communication strategies with vendors, suppliers, and capital sources."
Anwar Elgonemy [Director of Acquisitions], Equinox Hospitality Group, U.S.