Sarah Byrnes
Clinical Assistant Professor and Director of the Reichard Real Estate Academy
Listings
Educational Background
- B.S., Finance, University of Illinois Urbana-Champaign, 2001
Positions Held
- Owner, Herrick Consulting, llc, 2022 to present
- Senior Vice President, Investor Relations & Capital Markets, Equity Commonwealth, 2014-2022
- Vice President, Director, Capital Markets, Retail Properties of America, Inc., 2012-2014
Current Courses
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Real Estate Finance Academy (FIN 395) The Real Estate Finance Academy prepares students for careers within the real estate industry. Topics include real estate financial modeling, investment case studies, underwriting real estate markets, and developing professional communication skills. Students who choose to repeat the course assume leadership roles over time.
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Adv Real Estate Investments (FIN 448) Case-based analysis of multiple real estate investments with different partnership structures. Each analysis: generates a pro forma, investment memorandum and presentation; considers different capital stack structures; performs model stress testing and sensitivity analysis; identifies elements influencing optimization of negotiated agreements; examines REITs to correlate publicly traded real estate company prices with relevant benchmarks.