Real Estate Advanced Finance Program
October 14-16, 2009
Harvard University
Cambridge, MA
The information below is based on the program offered in Spring 2009, and does not reflect potential changes to faculty and program content for the Fall 2009 program.
Gain exposure to the complexities of real estate finance from distinguished academicians and top industry experts while connecting with your peers.
This interactive program is designed for seasoned executives with at least 15 years of experience in the real estate industry who have a solid understanding of and interest in real estate finance.
Program Topics
- Portfolio Management, Risk and Returns
- Financial Analysis
- Strategic Leverage
- Debt Strategies and Structures
- Bankruptcy and Distressed Debt
- Strategies from a Global Perspective
- Hedging and Derivatives
- Distressed Debt and Non-Performing Loans
- Current Economic Review
Program Format
Case studies presented by faculty will be augmented by discussions led by industry leaders. This two-tiered approach will provide participants with a context for the cases as well as a real world view of the topics being discussed.
Presenters
- Andrew Baum, University of Reading
- Michael D. Berman, CW Capital and Mortgage Bankers Association
- Jim Clayton, Cornerstone Real Estate Advisors LLC
- David Geltner, Center for Real Estate, Massachusetts Institute of Technology
- Stuart Gilson, Harvard Business School
- Edward Marchant, John F. Kennedy School of Government, Harvard University
- Richard Peiser, Harvard Graduate School of Design
- Ray Torto, CB Richard Ellis
- John Vogel, Tuck School of Business, Dartmouth College
- Kenneth Witkin, CBRE Realty Finance
- Instructor biographies (pdf)
Agenda (subject to change)
- Agenda (pdf)
Program Materials
Prerequisite reading materials will be forwarded approximately one month before the program begins. Readings and their questions must be completed before arriving to the program. A program binder complete with additional readings and questions will be available at Program Registration, the day the program begins.
Tuition
-
$TBD (Includes all educational materials and lunches. Not included in the tuition are accommodations, dinners, and travel and transportation costs.)
Registration
- On-line Registration
- Registration form (pdf)
- Registration deadline: TBD (Registrations received after the deadline will be processed subject to availability, and will be assessed a $75 late fee.)
- Enrollment is limited to 30 participants.
Registration Deadline / Cancellation / Refunds
Tuition is due upon registration. A nonrefundable $50 processing fee must accompany the registration form. This fee is not part of the tuition. Registrations must be received by TBD. Registrations received after the deadline will be processed subject to availability, and will be assessed a $75 late fee.
Enrollment confirmation and information on the time and place of the first class meeting are sent by email immediately upon registration.
Notice of cancellation must be submitted in writing. Cancellations received 14 to 30 days before the program start date will incur a charge of 10% of the program tuition. Cancellations received within 14 days of the program start date will incur a charge of 30% of the program tuition. Cancellation for all programs is subject to a minimum $75 charge. No refunds will be given on or after the first day of the program.
The Office of Executive Education reserves the right to cancel a program due to insufficient enrollment two weeks before the first session. In the event of a program cancellation, all tuition and fees will be refunded. The Office of Executive Education cannot be responsible for participants' non-refundable travel expenses.
Location / Lodging
Class sessions take place at Harvard University Graduate School of Design, Gund Hall, 48 Quincy Street, Cambridge, Massachusetts. Campus maps as well as local hotel options with discount codes are available on the Executive Education web site under General Information.

Photo: Kris Snibbe/Harvard News Office,
© 2007 President and Fellows of Harvard College
Tel 617-384-7214
execed@gsd.harvard.edu
updated 30-Jun-2009