My ULI | Find Events | Buy Books | Join | Give print this page
Real Estate Finance I: Introduction to Debt Financing and Financial Analysis
Date: June 6 - 9, 2012
Venue: Waterview Conference Center
Location: 1919 North Lynn Street, Arlington, Virginia
Google Map

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 gu idelines, 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.

Participants are expected to bring a laptop computer with Microsoft Excel to the course.

Instructor
Richard Haney Richard L. Haney, Jr.
Professor of Real Estate and Finance
Mays Business School
Texas A&M University
College Station, TX

Haney is a specialist in real estate finance, development, and valuation. A professor of real estate and finance, his teaching responsibilities include graduate courses in real property finance, development, valuation, and mortgage market analysis. He has published widely in scholarly and professional journals and has extensive experience teaching professional development courses, including 25 years of teaching in the ULI Real Estate School.

Haney is a full member of ULI, a fellow of the Homer Hoyt Advanced Studies Institute, and a faculty fellow of the schools of mortgage banking at both Stanford University and Northwestern University. He is also coauthor of three textbooks, including the second edition of the ULI’s Real Estate Development: Principles and Process.

Guest Speakers

Joseph L. Carter III
Executive Vice President
Real Estate Group
Wells Fargo Bank
Washington, D.C.

Anthony Chang
Vice President
Cassidy Turley
Vienna, Virginia

Tim Dell
Managing Director
Columbia National Real Estate Finance
Baltimore, Maryland

Bill Watts
President/CEO
MRC
Frisco, Texas




Accommodations and Course Location
Hotel accommodations are not included in the registration fee. If you would like to make hotel arrangements, please contact the hotel directly.

Meeting Only
Waterview Conference Center
1919 North Lynn Street
Arlington, Virginia

Accommodations Only
Le Meridien Hotel
1121 North 19th Street
Arlington, Virginia
800-543-4300

A limited number of sleeping rooms have been blocked by ULI at the Hotel Palomar for this event. Mention the Urban Land Institute to get the rate of $259. The room block deadline is May 17, 2012.


Register Now

 
or call 800-321-5011 with credit card information.

Download Registration Form

Course Highlights
Developing and owning real estate

The intersection of the property and capital markets

Land productivity and the income stream

How leases can direct the size and shape of the built environment

Using market analysis to uncover underlying supply and demand forces

Understanding commercial property revenues and expenses

The income pro-forma and cap rate valuation

Property, debt, and equity ratios

Commercial real estate capital sources

Construction and permanent loan underwriting

Commercial development feasibility analysis
Registration Fee
Early Bird Discount. Register by May 7 and save $200 off of your first course*

ULI Member: $1,550*
Non-member: $1,850*
Government and nonprofit: $1,250

*Second course $1,250 at all times for members and, $1,550 for non-members

Registration fee includes tuition, course materials, continental breakfast, luncheon, and refreshments.

Cancellations must be made in writing or by e-mail to ULI’s customer service department and are subject to a $100 administrative fee. Cancellations must be received at least seven days before the start of the program to be eligible for a refund. No refunds will be granted thereafter. You may transfer your registration to another member of your organization with no penalty.
Course Schedule
Registration:
7:45 a.m. – 8:30 a.m. on June 6
Program:
8:30 a.m. – 5:00 p.m. each day

Lunch:
12:30 p.m. – 1:30 p.m. each day
Contact Professional Development

David Mulvihill
Vice President, Professional Development
Phone: 202-624-7122
E-mail: dmulvihill@uli.org

Questions or Special Needs
Contact ULI customer service at 800-321-5011 or 410-626-7505 or via email at customerservice@uli.org