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CBA Real Estate & Land Use Department
Real Estate and Land Use Economics helps students develop critical thinking and reasoning skills, while teaching concepts and applications that resolve business problems related to real estate. Expertise in real estate is needed by land developers, brokerage companies, banks, railroads, insurance companies, and corporations diversifying into real estate investments. Urban and suburban community design, planning, zoning, and housing agencies as well as highway and road departments need professionals in real estate. This program has small upper division classes.
Curriculum includes:
Factors in real estate supply and demand
Time-value of money applied to real estate finance and investment analysis
Legal aspects, including contracts, legal
instruments, and bundle-of-rights
Real estate investment analysis
Risk management
Careers in Real Estate and Land Use:
Mortgage finance
Property management
Appraisal
Brokerage
Subdivision development
Construction and building improvements
Student Clubs and Organizations in Real Estate and Land Use:
Rho Epsilon
Real Estate Specializations
General Real Estate and Land Use Economics:
Professional training in the fields of real estate and land use economics is offered to prepare students for participation in the rewarding opportunities available in both the public and private sectors of our society. Every public agency dealing with human problems found in a real estate environment needs trained people to help find solutions. Urban and suburban community design agencies, including planning and zoning, environmental controls, housing standards, United States Park Service, Corps of Engineers, highway and road departments and others, want and need trained personnel for their operations. Similarly, major corporations diversifying into real estate investments, brokerage companies, managers, appraisers, railroads, banks, savings and loans, insurance companies, land developers and others require trained and talented people. The program prepares the student for important roles in these activities.
Required courses
RELU 2410 Real Estate Principles and Practices
RELU 3460 Real Estate Law
RELU 4400 Residential Real Estate Finance
OR
RELU 4460 Commercial Real Estate Finance
RELU 4410 Basic Appraisal Procedures
Real estate electives (choose two)
RELU 3430 Real Estate Brokerage and Sales
RELU 3450 Real Estate Management
RELU 4390 Real Estate Investments
RELU 4420 Income Property Appraisal
RELU 4460 Commercial Real Estate Finance
RELU 4510 Real Estate Internship
Commercial Real Estate Finance:
Commercial mortgage lenders are responsible for loan origination, underwriting, loan servicing or packaging, and sale on the secondary mortgage market, among other possibilities. They may work in the agricultural, commercial, multifamily or other market segments. They may become involved in financing new development, construction or existing investment property. This career area requires an understanding of the technicalities of finance, evaluating appraisals, understanding economic and demographic information, serving as credit analyst, and to be a skillful negotiator.
Required courses
RELU 3460 Real Estate Law
RELU 4390 Real Estate Investments
RELU 4410 Basic Appraisal Procedures
RELU 4460 Commercial Real Estate Finance
Electives (choose two)
RELU 3430 Real Estate Brokerage and Sales
RELU 3450 Real Estate Management
RELU 4420 Income Property Appraisal
RELU 4510 Real Estate Internship
FNBK 4600 Investment Risk Management
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Faculty
Roger Sindt
Steve Shultz
Centers
UNO Real Estate Research Center
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