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Lecture Notes

LEC # TOPICS 1 2 3 4 5 6 7 8 9 10 11 12 13 Course introduction, portfolio theory Portfolio theory and CAPM CAPM (cont.) REITs introduction

LECTURE NOTES Chapters 21 and 22, slides 1929 (PDF) Chapters 21 and 22, slides 3059 Chapters 21 and 22, slides 6073 Chapter 23, slides 80-82, 1-26 (PDF)

REIT CF-based valuation (as stocks) Chapter 23, slides 27-46 REIT NAV-based valuation and asset valuation Lincoln case due REITs management considerations, Chapter 23, slides 73-78 wrap-up CMBS introduction, CMBS structure (start) CMBS structure and rating CMBS rating and other topics Real estate equity derivatives: Index swaps Course wrap-up, CMBS case due Chapter 20, slides 1-16 (PDF) Chapter 20, slides 17-36 Chapter 20, slides 37-54 Chapter 26 (PDF) Derivatives (PDF) Chapter 23, slides 79, 47-72

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