URP 610, Section 1

URP 610 will analyze the acquisition  and repositioning of real estate deals of all types from a financial, design and market study perspective. In the years ahead, rehabilitation and repositioning existing properties  (as opposed to ground up development) will be the future of real estate. One need not look far to find a troubled office building, tired enclosed mall, vacant big box retailer or old factory that is performing below optimum  levels. After a brief introduction/review of Costar, other market metrics  and basic financial guidelines used to evaluate transactions, we will do mock purchase/underwriting analysis on  what to look for when buying different property types. We will use live deals that have recently sold or are currently for sale.  Actual sellers and brokers will be consulted on these acquistions.