SelvaggioĪdvance from a single-year property operating statement to a multi-year cash flow forecast, generally referred to as a pro forma income statement, and estimate property value based on a series of cash flows over the duration of the hold along with proceeds from sale. Real Estate Financial Analysis II REFI-0020 Topics include real estate investment principles foundations of real estate valuation lease types market rent vs contract rent useable and rentable area load factor potential gross income (PGI) vacancy and collection loss miscellaneous income effective gross income (EGI) fixed and variable operating expenses (OE) capital expenditures (CAPX) net operating income (NOI) overall or going-in capitalization rates direct capitalization and income multipliers. GimanĪcquire the essential skills to build a property operating statement, determine net operating income (NOI) and apply capitalization rates to a single-year’s NOI to estimate property value.
Real Estate Financial Analysis I REFI-0010 Required Courses (Choose five of six courses) The Professional Certificate in Real Estate Finance and Investment credential is issued to students who successfully complete five 6-week courses (either in-person or online). View and Register for Real Estate Finance and Investment Courses
Students may take courses without seeking the full certificate. This includes the property income statement, leases, financial analysis, Excel modeling, valuation, capitalization rates, direct capitalization, discounted cash flow analysis, debt finance, private equity and investment analysis, and more. Learn the core concepts and specialized skills needed to evaluate income-producing properties, assess financing options, calculate investment returns, and ultimately, make informed real estate investment decisions. Global Symposium on Sports and Society: Anti-Semitism and Sports Post Baccalaureate Pre-Medical/Pre-Health Student Resources Post Baccalaureate Pre-Medical/Pre-Health Program Post-Baccalaureate / Pre-Medical / Pre-Health Information Sessionsįordham Post Baccalaureate Pre-Medical/Pre-Health Program School of Professional and Continuing Studies