About This Course:
This is the description from our webinar that was presented in January 2019. Please check back for a modified description. Topics may be updated, but registration is now open.Fundamental principles and features and CRE appraisals are covered.
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
- Approaches 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
- Comparables and the key issue to consider when selecting and evaluating comps
- Reconciliation of value
Who Should Attend:CRE lenders, commercial lenders, credit analysts, portfolio managers, community bankers, mortgage lenders, private bankers, small business lenders, loan review specialists, special assets officers, lending managers, credit officers and CRE support personnel.