Commercial Real Estate Modeling

This course on commercial real estate appraisals examines a key piece of the commercial real estate value chain from the perspective of a credit analyst. You’ll explore why appraisals are an integral part of the real estate due diligence process and key sections of a commercial real estate appraisal document. This course will explore the nuances of completing a commercial real estate appraisal and give you a practical demonstration of how to complete a real estate appraisal checklist from the perspective of a credit analyst. You will also build the skills to critically review appraisal reports, identify key risks, and apply valuation insights to support sound credit decisions.

Real estate leases are extremely important to understand, as the lease payments may become the primary source of repayment for any financing you may extend to the borrower. This course explores the contents and key components of a typical lease. We will discuss different lease types and the key risk considerations. Then, we will learn to calculate lease rates and analyze the terms and conditions. We will also consider estoppel certificates. Finally, we will explore how to read and evaluate a rent roll. You will also develop practical skills to assess lease quality and tenant strength, identify income stability risks, and interpret lease clauses that impact cash flow. Through real-world examples, you will learn how to connect lease structures to property valuation and lending decisions, enabling you to make more informed credit assessments in commercial real estate transactions.

This Real Estate Fundamentals course examines the core concepts of real estate lending. We will look at the different commercial real estate loan types, and the factors real estate lenders must consider when lending for different properties. This Real Estate Fundamentals course will also explore the timeline and process of real estate transactions and give you a practical demonstration of real estate credit analysis. You will also gain hands-on insight into evaluating real-world deals, strengthening your ability to assess risk, structure loans, and make informed lending decisions.

This Environmental Due Diligence course examines why the process is important and when it should be a part of the overall credit analysis, along with what elements and steps go into the actual ESA itself and, subsequently, what information and recommendations will generally appear in the corresponding report. You will gain a clear understanding of the different phases of Environmental Site Assessments (ESAs), including Phase I and Phase II, and how each stage contributes to identifying potential environmental risks. The course will also highlight common environmental concerns such as contamination, hazardous materials, and regulatory compliance issues that may impact lending decisions. In addition, you will learn how to interpret environmental reports, assess the severity of identified risks, and determine appropriate mitigation strategies. By connecting environmental findings to credit risk, this course equips you with the skills to incorporate environmental due diligence into well-informed lending and underwriting decisions.