This webinar covers the fundamental principles and features of CRE appraisals.What You'll Learn:

• Types of appraisals by format
• What to look for within the assumptions and limiting conditions
• Property ownership interests clarified (fee simple, leased fee, etc.)
• Highest and best use of the property
• Approached to value
• Cost approach and information useful in the underwriting and loan structuring process
• Income approach options of discounted cash flow (DCF) and direct capitalization, with the steps to building net operating income (NOI) and the cap rate used in direct capitalization (including a case example)
• Comparables and the key issue to consider when selecting and evaluating comps
• Reconciliation of value