Description
This Course Is For You If You Want To
This is a good fit if you want to:
- Get a general overview of the composition and facets of the commercial real estate business
- Understand the two main ways to make money in real estate
- Gain an appreciation for how properties are valued through multiple frameworks
Details
In this course, you will learn about types of real estate, sources of capital, how capital is used to create value in real estate, investment objectives and methods, and get an introduction to the valuation of real estate.
- Size and scope of the U.S. commercial real estate market
- Commercial property type classes
- Types of real estate capital providers
- Sources of equity and debt
- Illustrative $10MM and $100MM transaction capital structure
- The two main ways to make money in real estate
- How capital is used to create value
- Dominant approaches for valuation of real estate
This is a slide presentation course with an associated multiple choice quiz. You will watch the video and, if you choose, complete the quiz and review the answers given when the quiz is automatically graded.
The video running time is 35 minutes. Watching all the video (replaying parts where desired) and completing the quiz and reviewing the answers will take approximately 45 to 55 minutes, depending on the individual.
Through the direct experience of REFM’s principals in commercial real estate transactions, and REFM’s ongoing consulting to industry practitioners across the U.S. for the last decade, we have developed and have continually refined “The REFM Way” of teaching financial modeling.
To enhance your learning and help you to efficiently build a practical skill set, we:
- Always set the stage by providing the big picture first, and keep it at the fore with graphs and sparklines
- Speak in plain language and define industry terms on an ongoing basis
- Give you highly granular video chapter hyperlinks so you can find what you want quickly and easily.
Upon successful completion of this course, you will:
- Have gained a 30,000-foot view of the commercial real estate business
- Have learned the basics of how capital is used to create value in real estate
- Understand the rationale for the existence of multiple property valuation methods.
What You Get

Lifetime online access to:
- An easily-navigated 35-minute video tutorial with playback controls up to 2x speed. Videos have captions available and are playable on any device including PC, Mac, phones and tablets.
- PDF file of the 37 slides presented in the video
- 10-question quiz (multiple-choice, automatically graded) and answer key.
Meet Your Instructor




Since 2009, top companies and educational institutions have trusted REFM to train thousands of their employees and students.
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Clients Include
Clients Include
Amherst
ASB Capital Management
Barings
BentallGreenOak
BrightSpire
Brixmor
Brookfield
CapitalOne
CBRE Global Investors
CCRE
Centennial Bank
Citibank
ColonyNorthstar
Conrex
CPPIB
CRC Companies
CreditSuisse
Crescent Communities
Crow Holdings
DDG
DLA Piper
Greystar
GTIS Partners
Hodes Weill & Associates
Houlihan Lokey
Howard Hughes
Jamestown
JBG Smith
JPMorganChase
Kennedy Wilson
Link Logistics
LivCor
Lubert-Adler
Macys
Oxford Properties
Park Hill
Peterson Companies
PGIM
PN Hoffman
Prometheus
QuadReal
Related
Revantage
SEO
Skanska USA
Square Mile Capital
USAA Real Estate
Asset Living
CBRE Global Investors
Clark Enterprises
Comstock Homes
Conor Commercial
Crescent Communities
Federal City Property
Flournoy
Four Seasons
Grosvenor
GTIS Partners
Hines
Hoffman
Howard Hughes
HPET
Hunt Companies
Insight Property Group
Kettler
LaSalle Investment
MadisonMarquette
Markwood
Mesa Capital
Midway
Miller Valentine
Panoramic Interests
PEG Development
Renaissance Downtowns
Rockefeller Group
Skanska USA
Snavely Group
Trammell Crow Residential
Trion Properties
Vornado
Sample Content
Video Chapter Markers
- Where to find the slides
- Agenda
- Overview
- Residential real estate introduction
- Office
- Commercial property type classes
- Multifamily
- Hotels & resorts
- Industrial
- Retail
- Other
- Types of real estate capital providers
- Sources of equity
- Sources of debt
- Illustrative $10 million capital structure
- Illustrative $100 million capital structure
- Two main ways to make money in real estate
- How capital is used to create value
- Acquisition of existing property
- Rehabilitation/repositioning
- Conversion of use
- Land entitlement
- Rezoning
- Ground-up development
- Investment objectives
- Executing on investment objectives
- Valuation of residential real estate
- Valuation of commercial real estate
- Method #1 – DCF
- Method #2 – Capitalization rates and comparable sales
- Method #3 – Replacement cost
- Triangulation
- Method #4 – Residual land valuation