Advanced Commercial Real Estate Analysis Solutions

corporate/Investment banking
47.9 hours$600
Advanced Commercial Real Estate Analysis Solutions

Get answers to Advanced Commercial Real Estate Analysis

Course Modules

CRE Valuation Concepts and Investment Return Analysis

  • Net present value, leveraged and unleveraged internal rate of return, and equity multiple
  • The valuation process
  • Cap rates (going-in and exit), discounted cash flow analysis, and discount rates
  • Investment analysis tools

Where Do We Go from Here?

  • Real estate and the economic cycle
  • Financing investments in distressed real estate assets
  • Lessons from historical downturns
  • Lending in a higher-interest rate environment

Lease Contracts

  • Legal aspects of leases
  • Lease characteristics
  • Lease types and contents
  • Owner’s leasing costs
  • Ground leases and mortgage financing

CRE Mortgage Concepts and Debt Capital Markets

  • Financial ratios review
  • Sizing and stressing CRE-related loans
  • Debt capital markets and government-sponsored enterprises
  • Mortgage and bond math
  • Duration and yield curve analysis
  • Pro forma cash flow and financial ratios

The Commercial Real Estate Industry

  • Macro- and micro-economic factors
  • Real estate capital markets
  • CRE development
  • Scale of the CRE industry
  • Legal factors

Technology and the Sharing Economy

  • Property types
  • Technology-driven changes to the building process
  • Trends in property technology
  • Trends by property type

Securitization and Other Financing Techniques

  • Private-equity real estate funds
  • Public, private, and non-traded public REITs
  • Joint-venture partnerships
  • The securitization process
  • Mezzanine loans and preferred equity

Construction Lending versus Permanent Financing

  • Non-recourse loans
  • Recourse loans
  • Construction loans
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