The Financing Environment:
Primary and secondary mortgage markets; lending decisions and procedure; effects of inflation and government policies on real estate financing.
Methods of financing real estate investment and development; types of mortgages; joint ventures; real estate syndications; leases and sale-leaseback financing; Central Provident Fund residential and non-residential properties schemes; property company financing; public financing.
Types of mortgages; lender and borrower analysis; prepayment and default; effective interest rates.
Financing real estate investment:
Real estate investment analysis and the effect of financial leverage.
Risk and Innovative Instruments in Real Estate Finance and Investment:
Overview of real estate investment trusts and secondary mortgage markets. Introduction to mortgage backed securities (MBS).