08492b20_tate_Smeal_College_of_Business__Penn_State_Smeal_MBA_Program__Course_Title
[Course Name] REST 570 [Overview] This course covers the convergence of real estate and the capital markets. It is designed to expose students to the structure, analysis and valuation of a variety of real estate securities including: residential mortgage backed securities (MBS), collateralized mortgage obligations (CMOs), commercial mortgage backed securities (CMBS), and real estate investment trusts (REITs). The course is divided into two sections. The first section covers the intersection of real estate debt financing and the capital markets (i.e. mortgage securitization). The second section concentrates on vehicles for public real estate investment analysis (REITs) and the place for real estate in modern investment portfolios. [Course Title] 
Institutional Real Estate Investment
Second Year Course List — Penn State Smeal College of Business