What This Document Is
This is a comprehensive syllabus for UPP 533: Development Finance Analysis, a course offered at the University of Illinois at Chicago. It outlines the structure, expectations, and core concepts explored within a graduate-level examination of financial principles applied to real estate development. The document serves as a roadmap for students seeking to understand the financial underpinnings of projects, particularly those focused on affordable housing and community-based commercial ventures.
Why This Document Matters
This syllabus is essential for anyone considering enrolling in the course, or for professionals seeking a detailed overview of the subject matter. It’s particularly valuable for urban planning students, real estate developers, financial analysts interested in community development, and policymakers involved in housing and economic growth initiatives. Understanding the course requirements and objectives beforehand will help you determine if this is the right resource to advance your knowledge in development finance.
Topics Covered
* The real estate development process, with a focus on affordable housing and community economic development.
* Core financial concepts and tools used in real estate, including valuation techniques.
* Development budgeting and pro forma analysis.
* Various financing sources for development projects.
* The role of Low-Income Housing Tax Credits and Tax Increment Financing.
* Financial modeling and analysis techniques for urban real estate.
* Market analysis and redevelopment planning.
What This Document Provides
* A detailed course description and learning objectives.
* A breakdown of assignment types and their corresponding weight in the final grade.
* A schedule of topics covered week-by-week throughout the semester.
* Information on required materials, including specific calculator recommendations.
* Guidance on necessary software proficiency (Excel) and available resources for skill development.
* Instructor contact information and office hours.