Case Pack and Books to be available at the Babson Bookstore
Additional Materials to be Provided on the Course Web-site "http://faculty.babson.edu/isaacson/"
Course Issues will be discussed on the Course e-campus Web-Site
BOOK: Safdie The City After the Automobile

Introduction to the Course
Course Philosophy

Reading: Note on Taxation.
Case Preparation: Milligan Creek Apartments  (Asst Sheet)

 8:30 Field Trip. Will leave from Malloy Parking Lot promptly at 8:30

2:15 Apartment Development.

Case: Milligan Creek Apartments.
Read: Some Comments on the Real Estate Development Process
Read: Some Comments on Analyzing Real Estate Investments

Read: Safdie, chap 8-9 *

* Students who did not take the "Basics" course should also skim Safdie chaps 1-7.
They should also call x6103 or e-mail isaacson@babson.edu to obtain from Professor Isaacson copies of:
Financial Analysis of Real Property, and Note on Taxation

4:30 Wrap Up

5:00 End

EXAM**: Milligan Creek. Draft due in class.
EXAM**: Milligan Creek. Final due 9 days later.

** Students who did not take the "Basics" Course will submit ONLY a pro-forma for the project, and a ½ page memo stating key assumptions and conclusions, to be revised and submitted in final form 9 days later.

Preparation:   Portland Eldercare (Asst)
Read: Safdie chaps. 10 - 11, and Handouts.

8:30 Real Estate and the Internet I

There have been major recent developments in the use of the Web to support real estate activity.  This class will focus on these developments.  Preparation will consist mainly of visiting assigned websites -- including those listed in e-campus -- and suggesting additional sites that you locate.

10:15  Continued

12:00  Lunch

1:15 Complex Projects

Visit to North Hill Site:  Instructions will be given in class

2:45   Case: Portland Eldercare

4:30 Wrap-Up

5:00 End.

EXERCISE Draft: Due in class, Portland Eldercare
EXERCISE Final: Due 9 days after class, Portland Eldercare.

Preparation:
Cases: Hines  (Asst) , Paramount (Asst)

8:30 The Developer and the Community

Case: Hines, Weston.

9:45 Break.

10:00 Case: Hines, Weston, continued

12:30 Lunch

1:45  Highest and Best Use.

Case: Paramount Theatre (C).

5:00 End.

EXERCISE/EXAM Draft due in class:, Paramount Theatre.
EXAM: Due 9 days after class: Paramount Theatre.

REAL ESTATE PROJECT MANAGEMENT
List of Books/Cases/Notes – 1999

Books:
Safdie, Moshe The City After the Automobile, Basic Books, ISBN: 0-465-09386-3

Cases:
Jack London Square. (A)
HBS 387-082 Portland Eldercare.
Portside Properties. (A).
Hines, Weston (A)
UVA-G-340 Paramount Theatre.

----------
Cases: Jack London (A)  (Asst) , Portside Properties (A) (Asst) , Portside Properties (C) (Asst),