Real Estate Capital Markets

Photo of skyscrapers.

Leading firms are involved in real estate securitization in New York City. (Photo courtesty of


MIT Course Number

11.432J / 15.427J

As Taught In

Spring 2007



Cite This Course

Course Description

Course Features

Course Description

This half-semester course introduces and surveys the major public capital market real estate vehicles, REITs and MBS (with primary emphasis on CMBS). Some background is also included in basic modern portfolio theory and equilibrium asset pricing. This course is primarily designed to provide MSRED students with a basic introduction to the public capital market sources of financial capital for real estate, and how those markets value such capital investments.

Other Versions

Related Content

David Geltner, and Tod McGrath. 11.432J Real Estate Capital Markets. Spring 2007. Massachusetts Institute of Technology: MIT OpenCourseWare, License: Creative Commons BY-NC-SA.

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