Commercial Real Estate III - Advanced Course
This CRE III Advanced course offers a deep dive into the complex world of commercial real estate rent calculations. It covers the methodologies and formulas used to determine rent in various commercial property types, including office buildings, retail spaces, and industrial properties. Whether you’re a property owner, investor, or real estate professional, understanding rent calculations is crucial for making informed decisions in the commercial real estate market.
This advanced course is the third in a series of three courses - introductory, intermediate and advanced - to position you to upskill your knowledge level or help you pivot in the challenging industry of commercial real estate.
Method of Course Presentation: Internet
Course Category: Professional Development
Course Information: This professional development course consists of one hour of original materials created by Connect Classroom in collaboration with experienced subject matter experts.
Refund Policy: Courses are non-refundable
Learning Objectives:
- Rent Calculation Fundamentals: Understand the fundamental concepts and terminology related to commercial real estate rent calculations.
- Types of Commercial Rent: Differentiate between common rent structures, including gross leases, net leases, and modified gross leases.
- Components of Rent: Break down the components of rent, including base rent, additional rent, and operating expenses.
- Percentage Rent: Comprehend the principles of percentage rent and how it is applied in retail and commercial leasing.
- Rentable vs. Usable Space: Distinguish between rentable and usable space and understand their significance in lease agreements.
- Lease Terms and Clauses: Analyze lease terms and clauses that impact rent calculations, such as rent escalations, rent abatements, and renewal options.
- Operating Expenses: Calculate and allocate operating expenses among tenants in a commercial property.
- Financial Metrics: Utilize key financial metrics, such as cap rates and cash flow analysis, to assess the financial viability of commercial real estate investments.
- Market Factors: Evaluate market conditions and trends that influence rent levels in commercial real estate.
- Negotiation Strategies: Develop negotiation strategies for both landlords and tenants to optimize rent terms in lease agreements.
- Legal and Regulatory Considerations: Understand legal and regulatory considerations related to rent calculations and lease agreements.
Instructor/Industry Expert(s):
- Matthew Ody, GSI, CNE® Industry Expert, InstructorInstructor at Connect Classroom
