ULI’s online education programs offer the high quality, timely, and practical information you’ve come to expect, but at the convenience of your desk.
Our webinar program allows practitioners to learn the latest about industry trends, and to hone their professional skills. Archived webinars are available 24 hours a day. See a list of available programs.
Online Live Workshops
ULI’s online live courses provide the convenience of a webinar delivered right to your computer, with the benefit of enhanced participant and instructor interaction. Course sessions are delivered at specific days and times, while a virtual study group page allows students to communicate with the instructor and each other between sessions. Students may review course sessions for up to 30 days after the program.
On-Demand workshops provide the same presentations and materials offered in a live workshop, but give you the flexibility to take the course when it fits in your schedule. On-Demand workshops can be accessed 24 hours a day, 7 days a week.
Construction Fundamentals for Real Estate Development Professionals
**This course is approved for 14 credits with AICP** Although construction is one of the most important facets of real estate development and redevelopment, this complex process is often not well understood by real estate professionals. This intensive 2-day workshop will provide you with a strong foundation in all the essential elements of any construction project. You’ll leave with a solid understanding of construction contracts, contract pricing, and considerations in hiring construction professionals. In addition, you’ll learn the basics of building systems, delivery methods, construction sequencing, building materials, and types of construction. This workshop can count toward 16 elective hours for a ULI Professional Development Certificate in Real Estate Development or Real Estate Finance.
Basic Real Estate Finance
Designed for those new to real estate finance, this one-day workshop will introduce students to basic principles of real estate finance. Beginning with an introduction to finance terminology, the workshop will acquaint students with fundamental real estate finance terms and concepts including: income-producing real estate, net operating income, percentage rents, compound interest, discounting process, internal rates of return, and mortgage financing and leverage.
This hands-on course is recommended for non-finance real estate professionals who wish to gain a basic understanding of real estate finance that also will help them get more out of more advanced ULI workshops. This workshop can count toward eight elective hours for a ULI Professional Development Certificate in Real Estate Development or Real Estate Finance.
Real Estate Finance I
In today’s environment, commercial real estate development only occurs when property markets demand additional space and capital markets are able to provide the needed financing. The opening course in commercial real estate finance targets this intersection of property and capital markets. It highlights the market analysis necessary to support commercial leasing activity, the income and expense analyses flowing from those leases, and the resulting value creation. While addressing equity capital sources, the course focuses more directly on debt capital and understanding loan sources, lenders’ underwriting guidelines, and cash flow analysis. (Equity capital sources and requirements are addressed in detail in the second course in this sequence, Real Estate Finance II.) Finally, participants have an opportunity to complete a commercial development feasibility analysis.
Real Estate Development Process I
Real estate development is a complex and continually evolving business. To effectively develop, finance, or supervise a project, a person needs a fundamental understanding of the process and its many facets. To be successful, a developer must manage not only their own performance, but also the collaboration of numerous professionals representing multiple disciplines. Throughout this process, the developer also must continually identify and mitigate inherent risks that can threaten the viability of the project.
Designed for both public and private sector participants, this newly updated course follows the principal stages of the process chronologically and addresses how each team member’s actions and performance can affect the success and profitability of the project. Emphasizing the iterative and interactive nature of the real estate development process, the course combines a lecture and case study approach. Top industry professionals, drawn from ULI’s membership, serve as course leaders and guest speakers, sharing their insights, experience, and expertise with participants.
Introduction to Modeling Investment Waterfall Distributions
Originially held live over two webinar sessions, the archive recordling of this popular online workshop is being made available for a limited time. The program introduces students to the theory and practical construction of “waterfalls” for existing and new Microsoft Excel spreadsheet models. The waterfall is the method of distributing profits among partners within a transaction. In more complex transactions, profits are not distributed pari passu. (Pari passu is the proportional distribution of profits according to the percentage of capital invested—that is, with an investor who provides 80 percent of the capital receiving 80 percent of the profit.)During the first session, students will gain a theoretical understanding of what a waterfall is, as well as be exposed to the Microsoft Excel functions required to construct a waterfall. In the second session, students will construct a waterfall from a blank spreadsheet that can be incorporated into all existing spreadsheet models.
Students enrolling should be familiar with basic Excel commands and spreadsheet construction.