Fundamentals of Commercial Real Estate Course

Program Overview

This course introduces the fundamentals of commercial real estate, covering property types, agent activities, financial factors, and lender terminology. It provides an overview of the differences between commercial and personal use real estate, and explores common rules of thumb and loan types. The program aims to equip students with a foundational understanding of the commercial real estate industry.

Program Outline

Outline:

This course provides an introduction to the fundamentals of commercial real estate, covering the four major property types: multi-family, office, retail, and industrial. Students are presented with an overview of the major differences between commercial real estate and personal use real estate. Topics include the common agent activities found in the commercial real estate marketplace, including leasing, brokerage, development, property management and financing; the financial factors in commercial real estate investments; and discussion of the common rules of thumb, including cost per square foot, gross rent multiplier, capitalization rate and the cash-on-cash return. Participants also learn common lender terminology that applies to commercial real estate, the types of loans available and an understanding of the concept of leverage.