Academic Programming
On This Page
Real Estate Courses
This course provides an overview of real estate economics choosing from topics including property rights and land title, urban growth and the markets for land, zoning and land use, market analysis of different types of real estate uses including residential, office, industrial and retail, the analysis of housing markets including price indexes and tenure choice, real estate valuation and appraisal concepts, land leases, transportation, issues of sustainability and the use of green technology in real estate. A basic investment model is introduced providing insight into the valuation process for income-producing real estate.
Theory, fundamentals and methods in real estate finance and investment; real estate investment analysis and valuation; real estate entities and taxation; leases and corporate real estate; the economics and finance of real estate development; real estate capital markets; land development and the home building industry. This course is designed to provide the student with essential tools to understand how real estate value is determined, created and influenced. Students use software to analyze real estate cases.
A practicum about real estate development and decision making. Real estate development is a process during which the entrepreneur identifies a site which is underutilized, undertakes the necessary conceptual, design, market, economic, and financial analysis and brings the site to its highest and best use. Topics include market analysis of different types of real estate uses, massing studies, cost estimation and deal structuring, analysis of site constraints and regulation and financial analysis of to-be-built properties. Students in teams undertake the background research and feasibility analysis related to a site and make a final proposal to the instructor.
Real estate law as it applies to business decisions in real estate. Property rights and land title, legal aspects of 1) real estate transactions including sale and leasing of property; 2) real estate finance; 3) entitlement and land use, and 4) the environment. Transactional real estate includes lease agreements, purchase and sale agreements, agency, mortgages and deeds of trust, partnership agreements, construction contracts, builder's liens and condominium law. The entitlement process includes all aspects of real estate development including land use planning and zoning, infrastructure, acquisition of development permits and building permits, subdivision and the planning process. Prerequisite - BLAW 301 for undergraduates.
BCom Certificate in Real Estate
Students entering the Bachelor of Commerce Program in 2025-26 and thereafter will no longer be able to complete the Certificate in Real Estate.
Students entering the Bachelor of Commerce Program in the 2024-25 Academic year or earlier will have until June 30, 2030 to complete all requirements for the Certificate in Real Estate. Students can refer to the Calendar in effect at the time of their admission or readmission for the regulations governing the certificate requirements. The Certificate in Real Estate will no longer be awarded after the Fall Convocation 2030. Students entering the Bachelor of Commerce Program in 2025-26 and thereafter will no longer be able to complete the Certificate in Real Estate.
The Certificate in Real Estate provides Bachelor of Commerce students the opportunity for a broad-based education in real estate economics, finance, law and development preparing them for a range of careers in the real estate industry. The courses are a mix of theory and practice involving case studies and/or team projects offering students hands-on preparation for their careers. Please contact the Alberta School of Business undergraduate office via our student service portal once you have the 4 courses completed and/or in registration, to ask for the certificate to be added to your program. The certificate will be granted at the time of graduation from a Business degree program. ★12 units in total.
- ★3 credits in BUEC 454
- ★9 credits from the following list: