IF3213 Real Estate FinanceBahçeşehir UniversityDegree Programs ELECTRICAL AND ELECTRONICS ENGINEERINGGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ELECTRICAL AND ELECTRONICS ENGINEERING
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
IF3213 Real Estate Finance Spring 3 0 3 6
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Non-Departmental Elective
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi BAHAR KÖSEOĞLU
Course Lecturer(s): Prof. Dr. ASLI YÜKSEL
Recommended Optional Program Components: None
Course Objectives: This course deals with the central issues in real estate finance and investment. Typical policies and procedures used in financing of residential, industrial, and commercial properties are discussed. When the students successfully completed this course, they should be able to understand many aspects of residential real estate, such as the process by which capital investments are made in real property, and to assess some of the issues facing the real estate finance and investment community.

Learning Outcomes

The students who have succeeded in this course;
I. Learns types of mortgages used in real estate financing
II. Calculates cost of loan to the borrower
III. Learns how payment structure of a loan changes as economic environment changes
IV. Calculates risk and return of investments in real estate
V. Compares different financing alternatives for residential properties
VI. Analyses homeownership as an alternative to renting.
VII. Learns underwriting process
VIII. Calculates value of the income properties
IX. Applies financial analysis techniques within a real life environment

Course Content

real estate financing, mortgages, risk and return of investments in real estate, underwriting process,

Weekly Detailed Course Contents

Week Subject Related Preparation
1) The Interest Rate Factor in Financing To read the related chapter in the text book
2) Fixed Rate Mortgage Loans To read the related chapter in the text book
3) Adjustable Rate Mortgages To read the related chapter in the text book
4) Adjustable Rate Mortgages To read the related chapter in the text book
5) Residential Financial Analysis To read the related chapter in the text book
6) Review To read the text book and lecture notes for the exam
7) Single Family Housing To read the related chapter in the text book
8) Underwriting and Financing Residential Properties To read the related chapter in the text book
9) Introduction to Commercial Property Markets To read the related chapter in the text book
10) Real Estate Valuation To read the related chapter in the text book
11) Real Estate Valuation To read the related chapter in the text book
12) Review To read the text book and lecture notes for the exam
13) Investment Analysis To read the related chapter in the text book
14) Financial Leverage and Financing Alternatives To read the related chapter in the text book

Sources

Course Notes / Textbooks: Textbook / Required Material
Brueggeman, William B. and Jeffrey D. Fisher. 2008. Real Estate Finance and Investments. McGraw Hill/Irwin, Thirteenth Edition.
References: None

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Midterms 2 % 60
Final 1 % 40
Total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 15 41
Study Hours Out of Class 15 50
Midterms 2 3
Final 1 2
Total Workload 96

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Adequate knowledge in mathematics, science and electric-electronic engineering subjects; ability to use theoretical and applied information in these areas to model and solve engineering problems.
2) Ability to identify, formulate, and solve complex engineering problems; ability to select and apply proper analysis and modeling methods for this purpose.
3) Ability to design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; ability to apply modern design methods for this purpose. (Realistic constraints and conditions may include factors such as economic and environmental issues, sustainability, manufacturability, ethics, health, safety issues, and social and political issues, according to the nature of the design.)
4) Ability to devise, select, and use modern techniques and tools needed for electrical-electronic engineering practice; ability to employ information technologies effectively.
5) Ability to design and conduct experiments, gather data, analyze and interpret results for investigating engineering problems.
6) Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually.
7) Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing.
8) Recognition of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself.
9) Awareness of professional and ethical responsibility.
10) Information about business life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development.
11) Knowledge about contemporary issues and the global and societal effects of engineering practices on health, environment, and safety; awareness of the legal consequences of engineering solutions.