Commercial and Investment Real Estate, B.S.B.A.

The commercial and investment real estate major is a plan of study designed to educate and train students in the rigors of the real estate concepts, development, and investment practices supporting successful growth in commercial real estate career fields.  For Coastal Carolina and the region, this program necessarily incorporates aspects of the unique economy of resort and tourism, recreational housing, property development, investing, and leasing.  Such a program prepares graduates for real estate-related careers with developers, appraisal and consulting firms, property management firms, residential or commercial and industrial brokerage offices, commercial banks, insurance companies, and mortgage bankers. 

Student Learning Outcomes

1. Use economic theories, market data, and analytic techniques to assess various forms of real estate investment and urban development.
2. Understand critical issues like agglomeration economies, location choices, land use patterns and policies, urban housing and policy, transportation, education, crime, and local government policies.
3. Apply the concepts of property valuation and appraisal in project feasibility investment decisions based on net present value (NPV) or the internal rate of return (IRR).
4. Apply the concepts of commercial real estate market characteristics using case studies covering major property types.