Securitization, Structured Finance and Capital Markets
This course examines the legal foundations, tax, and business structures that underpin the process of mortgage securitization and other means of financing real estate investment through public capital markets, including debt and equity Real Estate Investment Trusts and publicly traded partnerships. It examines the transferability, tax, and bankruptcy issues raised by alternative financing structures, and the impact of financing vehicles and capital market requirements on the negotiation and documentation of real estate transactions. Open to LL.M. students only.