David Dale-Johnson

Associate Lecturer, Alberta School of Business - Marketing, Business Economics and Law
Executive Professor, Alberta School of Business - SOR Real Estate

Contact

Associate Lecturer, Alberta School of Business - Marketing, Business Economics and Law
Email
dalejohn@ualberta.ca

Executive Professor, Alberta School of Business - SOR Real Estate
Email
dalejohn@ualberta.ca

Overview

About

Professor David Dale-Johnson is Executive Professor and the Stan Melton Chair in Real Estate at the Alberta School of Business at the University of Alberta. An expert in urban development and real estate economics and finance, he has augmented his academic career with international consulting activities as well as a stint as an executive in the real estate business.

While Director of the Real Estate Program at the University of Southern California he held appointments in the Marshall School of Business and the Sol Price School of Public Policy. He has also taught at the Sauder School of Business at UBC, the University of California at Berkeley and Jagiellonian University in Krakow, Poland, where he assisted in the development of real estate institutions in an emerging economy. He has developed and led international business and real estate programs in Central Europe, Latin America and Asia and executive programs for BOMA, USC and local governments including the City of Los Angeles. At USC, he co-founded, designed and was the lead instructor of an executive program in real estate development for non-profit and for profit developers in disadvantaged communities. At U of A, he is in the process of building a new program in real estate and urban economics at the Alberta School of Business.

Professor Dale-Johnson completed a Bachelor of Arts and a Master of Science in Business Administration at the University of British Columbia and a Ph.D. at the Haas School of Business at the University of California at Berkeley. An author of numerous academic articles and member of the editorial board academic journals in his field, he has consulted to numerous cities in Canada and the USA, HUD, USAID and private sector investors and developers. In industry, he was a senior executive with a real estate investment company and a restaurant subsidiary both with international activities. He has also provided expert testimony for disputes in the area of real estate economics and finance. He recently retired as chairman of the board and chairman of the building committee of an independent school in Vancouver where he had oversight of the design and construction of Phase 1 of a $35,000,000 expansion of the School. 


Research

Research Interests

Research interests are in the application of economic theory and empirical methods to problems in the pricing of real estate assets with particular interest in real estate finance and development. Recent projects are in the areas of property rights with specific interest in land leases or land use rights and historic zone designation and the impact on property values.


Teaching

Teaching Interests

  • Real Estate Finance and Investment
  • Urban and Real Estate Economics
  • Housing Economics
  • Real Estate Development
  • International Real Estate Markets

Courses

BUEC 454 - Principles of Real Estate

Introduction to the principles of commercial real estate. Real estate markets and decision making; real estate economics and location; property development; marketing and property management; mortgage lending, real estate investment, brokerage and regulation. Industry guest speakers help link theory with industry practice in their areas of expertise. Prerequisite: BUEC 311 or ECON 281.

Fall Term 2020 Winter Term 2021 Fall Term 2021 Winter Term 2022
BUEC 455 - Real Estate Asset Strategies

Theory, fundamentals and methods in real estate finance and investment; real estate investment analysis and valuation; real estate entities and taxation; leases and corporate real estate; the economics and finance of real estate development; real estate capital markets; land development and the home building industry. This course is designed to provide the student with essential tools to understand how real estate value is determined, created and influenced. Students use software to analyze real estate cases.

Fall Term 2020 Fall Term 2021
BUEC 457 - Real Estate Development

A practicum about real estate development and decision making. Real estate development is a process during which the entrepreneur identifies a site which is underutilized, undertakes the necessary conceptual, design, market, economic, and financial analysis and brings the site to its highest and best use. Topics include market analysis of different types of real estate uses, massing studies, cost estimation and deal structuring, analysis of site constraints and regulation and financial analysis of to-be-built properties. Students in teams undertake the background research and feasibility analysis related to a site and make a final proposal to the instructor. Prerequisite: BUEC 311 or ECON 281 or consent of instructor.

Winter Term 2021 Winter Term 2022
BUEC 495 - Individual Research Project I

Special study for advanced undergraduates. Prerequisites: consent of Instructor and Assistant Dean, Undergraduate Program.

Spring Term 2021 Summer Term 2021 Fall Term 2021
BUEC 610 - Principles of Real Estate

Introduction to the principles of commercial real estate. Real estate markets and decision making; real estate economics and location; property development; marketing and property management; mortgage lending, real estate investment, brokerage and regulation. Industry guest speakers help link theory with industry practice in their areas of expertise. Prerequisites: BUEC 503.

Fall Term 2020 Winter Term 2021 Fall Term 2021 Winter Term 2022
BUEC 611 - Real Estate Asset Strategies

Theory, fundamentals and methods in real estate finance and investment; real estate investment analysis and valuation; real estate entities and taxation; leases and corporate real estate; the economics and finance of real estate development; real estate capital markets; land development and the home building industry. This course is designed to provide the student with essential tools to understand how real estate value is determined, created and influenced. Students use software to analyze real estate cases. Prerequisites: BUEC 503, and FIN 501 or 502 (or consent of instructor).

Fall Term 2020 Fall Term 2021
BUEC 613 - Real Estate Development

A practicum about real estate development and decision making. Real estate development is a process during which the entrepreneur identifies a site which is underutilized, undertakes the necessary conceptual, design, market, economic, and financial analysis and brings the site to its highest and best use. Topics include market analysis of different types of real estate uses, massing studies, cost estimation and deal structuring, analysis of site constraints and regulation and financial analysis of to be-built properties. Students in teams undertake the background research and feasibility analysis related to a site and make a final proposal to the instructor. Prerequisites: BUEC 503, and FIN 501 or 502 (or consent of instructor).

Winter Term 2021 Winter Term 2022

Browse more courses taught by David Dale-Johnson