Covers: 1) traditional and alternative financing of residential and commercial real estate; 2) pro forma cash flows and valuation of income generating properties; 3) real estate decisions of non-real estate corporations; and 4) mortgage backed securities and real estate investment trusts (REITs). Prereq., REAL 3000. Prerequisites: Requires pre-requisite course of REAL 3000. Restricted to Business majors with 52-180 units completed.