This six-week course focuses on design and implementation of strategies for the management of portfolios of private-market real estate investments. Topics include devising alpha strategies, approaches to diversification, creating investment plans to achieve different risk profiles (core, value-add, opportunistic), performance measurement and analysis, etc. Class sessions will be made up of lectures, guest speakers and student presentations. There will be a final case project, to be done in groups, due after class sessions have ended. Grading will be based on class participation and written assignments. Although not a prerequisite, B8399-005 Real Estate Capital Markets is highly recommended. Students who have not taken Real Estate Capital Markets may need additional preparation prior to or in conjunction with the class.
Michael Giliberto retired in 2010 as a Managing Director at JPMorgan Asset Management, the global investment management business of JPMorgan Chase. Mr. Giliberto oversaw U.S. real estate portfolio management and global strategy and research within the Global Real Assets Group.
Mr. Giliberto is a director of the Hunt Companies, Inc., a private real estate operating company, and Empire State Realty Trust...