1 Semester Unit
This is a hands-on course aiming to provide students with an up-to-date understanding of the various aspects of real estate theory and practice as applied to the North American and specifically the Canadian real estate market. The course will provide a real-life learning experience of the Canadian market: the financial, legal, development, and business facets, research, government policy and regulation, and the private and public sectors. It will include academic and professional lectures, site tours, business case presentations by banks, brokers, real estate developers, pension plans, REITs, law firms, and an intensive one-week field visit to Toronto, the second largest real estate market in North America. The field visit will include company tours and meetings with various real estate players in the Canadian real estate market. The expenses of the Toronto visit will be paid by the program organizers.
A number of academic lectures will be given in Israel, to serve as an introduction to the field visit. Then, students will prepare a review of the main companies they will be visiting in Toronto. Upon returning to Israel, students, in groups of two, will be required to submit a final project report that will include an analysis of a proposed real estate project or subject, applying the knowledge and tools they acquired in the field course. Students will present and discuss their projects in class.
Students are expected to be fluent in English, the language in which the course will be conducted.