REM420 - Course Outline - win2019 PDF

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Download REM420 - Course Outline - win2019 PDF

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Ted Rogers School of Business Management Department of Real Estate Management REM420 Sustainability in Real Estate Winter, 2019

Instructor: Youngme Seo, Ph.D. Office Location: TRS 2-105 Office Hours: Monday 1:30PM to 2:30AM Phone: 416.979.5000, ext. 4181 Web Site: my.ryerson.ca for courses using D2L Email address: [email protected]. Please use Ryerson e-mail accounts for communication with faculty. Class Times and Location: Monday 3:00PM to 6:00PM, HEI201

Course Description This course will introduce students to the multifaceted concept of “sustainability”. The course will include alternative definitions of sustainability, particularly in regard to property rights and development, and will also introduce causes and effects of sustainability as applied to real estate fields in built environments. The first part of the course will include backgrounds and a number of theories in order to place sustainability in a broader theoretical frame. During the second half of the course we will begin to apply sustainability principles and concepts to real estate development and investment. We will examine how sustainability is manifest in urban planning and community development and apply both economic and urban planning principles to such concepts as the value of biodiversity, water systems and quality in urban areas; suburban sprawl, redevelopment of urban “brownfields”, among other issues. It also introduces concepts related to “green development,” and to LEED criteria and other measures of sustainability applied to the built environment. The last part of the course will discuss how to achieve and how to measure sustainability of real estate. Course Details No specific textbook will be required for this course but frequent recourse will be made to the book by Dent, Patrick and Xu and its purchase or rental is strongly recommended: • Dent, P., Patrick, M. and Ye Xu Real Estate: Property Markets and Sustainable Behavior, Routledge 2012, ISBN 00415591430 (Kindle edition recommended, copies also available on Library reserve) Additional readings will be provided each week and will be available online. The classes will be primarily lectures, with a number of opportunities for discussion and debate.

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Evaluation Grades will be posted electronically to Brightspace. The evaluation for this course will be weighted based on the following:      

20% for the short assignments (details to follow) 25% for the midterm exam 10% for the final presentation 25% for the final paper 10% for attendance 10% for In-class activities

 Assignments i. There are four short written assignments. ii. Choose one of the articles from https://www.sustainablebiz.ca/category/real-estate/ iii. Written assignments should be approximately 1-2 pages in length including at least 300 words of your comments. 12 font, Time new roman or Arial, and double space would be recommended. iv. You can submit it through D2L. The Due dates are Thursday before the class.  Midterm Exam i. The midterm consists of various types of questions. The midterm will be held in class. ii. Questions for the exam are drawn from assigned readings and lectures. iii. Review materials would be provided.  Final Paper i. For the final paper, you can choose one of the cases introduced during the class ii. It should be 10-12 pages in length, standard APA style formatting (1” margins, 12-point font, double spaced), and adequate citations. iii. Choose a sustainable real estate case that is related to the topics introduced in the class iv. It should consist of introduction, body (introducing the project concepts, important information, etc. & outcomes) and discussion & recommendation. v. The paper should have proper & logical transitions between paragraphs  Late assignments will not be accepted, and there will be no unscheduled evaluations. Course Schedule Clas s 1

Date

Topic

Jan. 14

Introduction

2

Jan. 21

Background of Sustainable Development

3

Jan. 28

Toward Sustainable Development

Guest Speaker

Readings

 Development as poison  Sustainable development – historical roots of the concept  Toward some operational principles of sustainable development  What Is Sustainable Development? Goals,

Due

Assignment 1

2

Indicators, Values, and Practice  Environmental sustainability principles for real estate 4

Feb. 4

Sustainable Real Estate Development Sustainable Real Estate Investment

Sustainable development of real estate, Chapters 2 & 4  Responsible Property investing in Canada  Sustainable real estate investment

5

Feb. 11

6

Feb 25

Midterm

7

Mar. 4

Leed-Green Buildings

TBD

8

Mar. 11

Greening Brownfield

TBD

Brownfield

9

Mar. 18

Adaptive Reuse

TBD

10

Mar. 25

Energy Efficiency

TBD

Does Adaptive Reuse Pay? A Study of the Business of Building Renovation in Ontario, Canada Energy Efficiency Investment Decisions and Their Impact on Rent in the U.S. Rental Housing Market

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Apr. 1

12

Apr. 8

Measuring and Assessment of Sustainability in Real Estate Final Presentation

13

Apr. 15

No class-Final Paper

Assignment 2

Midterm

Assignment 3

Assignment 4

Final paper due

Classroom Protocol: Thank you for helping me to make this a positive lecture environment by not: 1. 2. 3.

Using your cellphones (including text messaging, internet surfing) Arriving late to class (If you do, take a seat QUIETLY and do not disturb the group) Eating in class (drinking water/coffee/tea is ok)

Missed Classes and/or Evaluations Students are required to inform their instructors of any situation which arises during the semester which may have an adverse effect upon their academic performance, and must request any considerations and accommodations according to the relevant policies and well in advance. Failure to do so will jeopardize any academic appeals.

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Medical certificates – If a student misses the deadline for submitting an assignment, or the date of an exam or other evaluation component because of illness, he or she must submit a Ryerson Student Medical Certificate AND an Academic Consideration form within 3 working days of the missed date. Both documents are available at www.ryerson.ca/senate/forms/medical.pdf. If you are a full-time or part-time degree student, then you submit your forms to your own program department or school. If you are a certificate or non-certificate student, then you submit your forms to the staff at the front desk of the Chang School. Religious observance – If a student needs accommodation because of religious observance, he or she must submit a Request for Accommodation of Student Religious, Aboriginal and Spiritual Observance AND an Academic Consideration form within the first 2 weeks of the class or, for a final examination, within 2 weeks of the posting of the examination schedule. If the required absence occurs within the first 2 weeks of classes, or the dates are not known well in advance as they are linked to other conditions, these forms should be submitted with as much lead time as possible in advance of the required absence. Both documents are available at http://www.ryerson.ca/senate/forms/relobservforminstr.pdf. If you are a full-time or part-time degree student, then you submit the forms to your own program department or school. If you are a certificate or non-certificate student, then you submit the forms to the staff at the front desk of the Chang School. Students who need academic accommodation support should register with the Academic Accommodation Support office (formerly called the Access Centre). Before the first graded work is due, registered students should inform their instructors through an “Accommodation Form for Professors” that they are registered with Academic Accommodation Support and what accommodations are required.

Academic Integrity and Plagiarism Ryerson’s Policy 60 (now called the Academic Integrity policy) applies to all students at the University. The policy and its procedures are triggered in the event that the there is a suspicion that a student has engaged in a form of academic misconduct. Forms of academic misconduct include plagiarism, cheating, supplying false information to the University, and other acts. The most common form of academic misconduct is plagiarism. Plagiarism is a serious academic offence and penalties can be severe. In any academic exercise, plagiarism occurs when one offers as one’s own work the words, data, ideas, arguments, calculations, designs or productions of another without appropriate attribution or when one allows one’s work to be copied. All academic work must be submitted using the citation style approved by the instructor. Students may refer to the Ryerson Library’s list of Citations and Style Guides for more information. It is assumed that all examinations and work submitted for evaluation and course credit will be the product of individual effort, except in the case of group projects arranged for and approved by the course instructor. Submitting the same work to more than one course, without instructor approval, is also considered a form of plagiarism. Students are advised that suspicions of academic misconduct may be referred to the Academic Integrity Office (AIO). Students who are found to have committed academic misconduct will have a Disciplinary Notation (DN) placed on their academic record (not on their transcript) and will be assigned one or more of the following penalties: 

A grade reduction for the work, include a grade of zero for the work.

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A grade reduction in the course greater than a zero on the work. (Note that this penalty can only be applied to course components worth 10% or less, that any additional penalty cannot exceed 10% of the final course grade, and that information explaining that such a penalty will be assigned must be included on the course outline.) An F in the course More serious penalties up to and including expulsion from the University

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For more detailed information on these issues, please refer to the full online text for the Academic Integrity policy and to the Academic Integrity website.

Students who do not want their work submitted to this plagiarism detection service must, by the end of the second week of class, consult with the instructor to make alternate arrangements. Turnitin.com is a plagiarism prevention and detection service to which Ryerson subscribes. It is a tool to assist faculty members in determining the similarity between students’ work and the work of other students who have submitted papers to the site (at any university), internet sources, and a wide range of journals and other publications. While it does not contain all possible sources, it gives faculty some assurance that students’ work is their own. No decisions are made by the service; it simply generates an “originality report,” and faculty must evaluate that report to determine if something is plagiarized. Important Resources Available at Ryerson Use the services of the University when you are having problems writing, editing or researching papers, or when you need help with course material: The Library (LIB 2nd floor) provides research workshops and individual assistance. Inquire at the Reference Desk or at www.ryerson.ca/library/info/workshops.html o The Writing Centre (LIB 272- B) offers one-on-one tutorial help with writing and workshops www.ryerson.ca/writingcentre/workshops.htm o Learning Success (VIC B-15) offers individual sessions and workshops covering various aspects of researching, writing, and studying. You must book these directly through their website http://www.ryerson.ca/studentservices/learningsuccess/ o English Language Support (VIC B-17) offers workshops to improve overall communication skills www.ryerson.ca/studentservices/els/ There is one general site where you may see and register for all of the workshops offered by all of these areas: http://www.ryerson.ca/academicintegrity/workshops.html o

ACADEMIC GRADING POLICY: Evaluation of student performance will follow established academic grading policy outlined in the Ryerson GPA Policy at http://www.ryerson.ca/acadcouncil/current/pol46.pdf. The grading system is summarized below: Definition

Letter Grade

Grade Point

Conversion Range

Excellent

A+

4.33

90-100

A

4.00

85-89

5

Good

Satisfactory

Marginal

A-

3.67

80-84

B+

3.33

77-79

B

3.00

73-76

B-

2.67

70-72

C+

2.33

67-69

C

2.00

63-66

C-

1.67

60-62

D+

1.33

57-59

D

1.00

53-56

D-

0.67

50-52

0.00

0-49

Unsatisfactory F

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