November Update on Executive Masters Program

The third month of the Executive Master’s in Entrepreneurial Real Estate is now in session.  Yesterday we concluded the “Urban Planning”  course with a simulated case study and role play of the Polsinelli Building Proposal with members of the class playing the roles of,” Highwoods”,” Save our Plaza” folks, “Planning Commission” and “City Council”.  It was quite engaging and interesting.  This follows  personal presentations by Vickie Noteis who represented the “Save Our Plaza” group and Jan Marcusson, City Councilwoman. 

 In addition,  Forest City , Inc (one of our country’s largest developers)  sent, John Neely, one of their lead developers to spend the day with us to talk about how they consider the urban plan of a community and how they engage with the urban planners to decide whether or not they want to proceed with a development.  They were the re-developers of Stapleton Airport in Denver and many more extremely large developments around the country.  Some of the students are talking about potential transactions with him now. 

Today, we launch into the last two days of the Advanced Real Estate Finance course where the students will take their compounding and discounting business math skills to the next level on the HP 10B II and Excel Spread Sheets with over 40 preprogrammed templates to work from.  We will do “real estate development modeling” Front Door and Back Door Analysis and prepare  the final exam.

Very exciting!

- Walt Clements, Director of the LWREC