Financing Real Estate Development Projects
X62.9127
/ $595
FALL 2009
Continuing Education:
Real Estate
Examine the real estate development finance process for new building projects and renovation projects. Whether you are an owner, borrower, investor, developer, lender, broker, contractor, or manager in the real estate industry, this course provides a useful in-depth study of the mechanics, motivations, and requirements of the parties involved in the construction loan (debt) process. Topics include types of loans, the development team, the lender's credit criteria, the loan proposal, project hard and soft cost budget, the appraisal report, project feasibility, due diligence, construction contracts, legal documentation, guarantees, insurance and bonding title insurance, liens, environmental reports, loan participations and assignments, the Building Loan Agreement (BLA), the funding process, requisitions and loan administration, retainage, the lender's engineer, project completion, and the takeout.
Prerequisites:
Prerequisites: Introduction to Real Estate Finance/X62.9100 and The Real Estate Development Process/X62.9420 or equivalent experience.
This course is also scheduled for:
Related Subject Areas: Real Estate Finance, Investment, & Development, Real Estate
Course Materials
Section 1
Thursday 6:00pm-8:00pm
September 24 - November 12
No class 10/29
8 Sessions
Instructor:
Ira Nachem
Location: Norman Thomas Center, 111 E 33
