Semester:
Fall of every year, Spring of every year
Credits:
Total Credits: 3 Lecture/Recitation/Discussion Hours: 3
Prerequisite:
(HB 273 or ITM 209) and (HB 311 or FI 311 or FI 320)
Restrictions:
Open to juniors or seniors in the Hospitality Business Major or in the Real Estate Minor.
Description:
Financial management principles for real estate appraisal and valuation considering perspectives of brokers, consultants, developers, and investors. Theoretical and practical analyses with hospitality industry cases using spreadsheet software and technical writing. Capital markets, capital structures, discounted cash flow, internal rate of return, leverage, and net present value.