Program Overview

Real Estate Finance Course

The Real Estate Finance course surveys the concepts, methods, and techniques of financing residential and non-residential real estate, while also identifying and analyzing the various instruments used for such purposes.

Course Description

This course covers sources, characteristics, and parameters of mortgage capital; fixed, variable rate, and other alternative types of mortgages; government-assisted financing (such as VA, FHA, and SBA); the secondary mortgage market; mathematical analysis of finance transactions (amortization, loan constants, present and future value, compound interest, APR, capitalization rates, debt coverage, and other financial ratios and ways of determining yield); loan underwriting, processing, closing, and servicing; foreclosures and alternatives thereto (such as short sales) and related antideficiency law issues; guaranties; construction, bridge, permanent, wraparound, mezzanine, and leasehold financing; impact of how title is held and real estate tax effects; comparison of investment choices, both before and after taxes are factored in; plus syndication and other equity sharing issues. Case studies for financing proposals for single-family, multifamily, and commercial transactions are featured.

Course Details

• Duration: As few as 11 weeks
• Units: 5.0
• Current Formats: Hybrid, Live Online
• Cost: Starting at $945.00
• Typically Available: Fall, Winter, Spring, Summer

Prerequisites

• MGMT X 475.1 Real Estate Principles or consent of instructor

Spring 2026 Schedule

• Date: March 31 - June 9
• Time: Tuesday 6:00PM - 10:00PM PT
• Instructor: Dr. Gary J. Lysik
• Format: Hybrid
• Location: UCLA Extension Gayley Center in Westwood, Remote Classroom
• Fee: $945.00

Summer 2026 Schedule

• Date: June 23 - September 1
• Time: Tuesday 6:00PM - 10:00PM PT
• Instructor: Dr. Gary J. Lysik
• Format: Live Online
• Location: Remote Classroom
• Fee: $945.00

Course Requirements

• Course Syllabus
• Schedule:
  • Lecture: Tuesday, various dates, 6:00PM PT - 10:00PM PT, UCLA Extension Gayley Center in Westwood, Remote Classroom

Program Application

This course applies toward the following programs:

• Real Estate Investment and Finance certificate
  • Navigate the complex, multi-faceted world of real estate investing and financing and prepare for a variety of career opportunities available in the industry.