Capital Markets : REIT Analysis

This course commences with the history, description and benefits of the REIT corporate structure particularly as it relates to the publicly listed vehicles. It then covers in detail the determination of the specific stock valuation of companies utilizing various methodologies such as Net Asset Value , price to FFO and Price to Cash Flow. The various property sectors will be evaluated and compared in terms of economic cycles, revenue structures, capital structure, risk profiles and valuation. Students will be required to perform in-depth financial analyses of publicly traded REIT including comparative analysis and buy/sell decisions.

Strongly recommended for REFI students.