11.431/15.426  Real Est Finance & Investment

Just to clarify... As stated in the syllabus (posted on the materials page), the final graded assessment in the course will be a "Module 4 quiz", similar to the previous quizzes (and weighted the same), during the first half of the last class period on Thursday December 10. After that, you will only have to complete the course evaluation and you can therefore finish up on December 10th a little early. (I believe for CRE students there is a "holiday party" sponsored by the CRE alumni that evening at 6:00 at The Vault downtown.)

I have posted updated/revised versions of some of the Module 3 lecture notes, and the HW5 solutions file. No major changes, but a few minor enhancements reflecting the classroom discussion.

Don't be shy about using the Discussion Forum to post questions related to Module 3 as you're studying for the quiz (please)...

Professor Geltner and I have uploaded different versions of, generally, the same APV spreadsheets as a follow-up to the recitation held last Thursday. The spreadsheets differ a bit in format, but content should be relatively consistent. Those who were able to attend recitation will notice that what I posted should look familiar, and that the input cells are denoted with blue text, and the dynamic cells, fed with information from the 'Alison Realistic' worksheet are highlighted in gray. Professor Geltner's revised version may be more straightforward and easy to use, so I would advise reviewing this spreadsheet as well.

Per discussion in recitation last week, I have posted a brief set of shortcuts for both Windows and Mac users. I have a different set of shortcuts that I will photocopy and bring with me to class on Tuesday, however I believe they are more/most useful to Windows users. I will continue to look for additional Mac shortcut lists.

In recitation today (10/29) there is first some important prep and coaching re the Cartwright case that the TAs will go over, but then at the end (maybe 15 minutes, maybe around 6:45?) we'll have a few words (very informal) from Professor Norman Miller of the University of San Diego. Norm is the "first co-author" on our textbook, former founding director of the real estate program at the University of Cincinnati, and special advisor to CoStar Group Inc, a major publicly-traded real estate data vendor firm specializing in commercial property and leasing data. CoStar recently acquired Property & Portfolio Research (PPR), a Boston-based real estate investment analytics firm (which is now looking to hire 1 possibly 2 Masters level positions). In recent years Norm has become a leader in research about sustainability and energy efficiency in real estate, including publishing an influential recent study of the effect of building energy efficiency on rents and occupancy. And he has founded a new academic journal on sustainable real estate. He will speak very informally for 15 minutes or so, and then will accompany us on "Liquidity Seminar". (There is a rumor that he might be able to pick up at least some of the tab if we go to a quieter place such as Middlesex Lounge rather than the beloved-but-noisy Miracle of Science?...)