Commercial Real Estate Investing 101

Justin Kivel

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101 Lessons (3h 41m)
    • 1. CRE 101 - Introduction

      2:01
    • 2. Introduction

      1:14
    • 3. What We Will Cover

      5:26
    • 4. Who This Course is For

      3:22
    • 5. About The Instructor

      1:49
    • 6. Key Terms - Retail

      4:01
    • 7. Retail Strip Centers

      2:01
    • 8. Neighborhood Shopping Centers

      2:23
    • 9. Power Centers

      2:03
    • 10. Regional Malls

      2:34
    • 11. Key Terms - Office

      2:36
    • 12. CBD Office Space

      1:22
    • 13. Suburban Office Buildings

      2:19
    • 14. High-Rise Office

      1:52
    • 15. Creative Office Space

      2:28
    • 16. Key Terms - Multifamily

      1:44
    • 17. Garden Style Apartments

      1:15
    • 18. Mid-Rise Apartments

      1:21
    • 19. High-Rise Apartments

      1:56
    • 20. Key Terms - Industrial

      1:59
    • 21. Heavy Manufacturing Properties

      1:04
    • 22. Light Assembly and Bulk Warehouse

      2:23
    • 23. Flex Space

      1:10
    • 24. Key Terms - Hotel

      1:27
    • 25. Full Service Hotels

      1:13
    • 26. Limited Service Hotels

      0:57
    • 27. Extended Stay Hotels

      1:22
    • 28. Other Asset Types

      2:28
    • 29. How To Measure CRE

      2:09
    • 30. The Stacking Plan

      2:12
    • 31. Measuring Commercial Rent

      3:16
    • 32. NOI and Cap Rate Introduction

      1:48
    • 33. The Pro Rata Share

      2:21
    • 34. Pro Rata Share Exercise

      1:34
    • 35. Pro Rata Share Excel Solution

      1:33
    • 36. NNN Leases and Excel Exercise

      2:13
    • 37. NNN Leases Exercise Solution

      2:03
    • 38. FSG Leases and Exercise

      1:00
    • 39. FSG Leases Solution

      1:13
    • 40. Modified Gross, BYS and Solution

      2:30
    • 41. Base Year Stop Solution

      3:14
    • 42. Percentage Rent and Exercise

      3:25
    • 43. Percentage Rent Excel Solution

      2:13
    • 44. Leasing Costs

      3:28
    • 45. TIs and LCs Exercise

      2:17
    • 46. TIs and LCs Solution

      2:49
    • 47. CRE Lease Terms

      3:23
    • 48. CRE Economics - Gross Potential Rent (GPR)

      1:39
    • 49. Economic and Physical Vacancy

      1:38
    • 50. CAM Reimbursements

      2:16
    • 51. RUBS Systems

      1:27
    • 52. Ancillary Income

      1:56
    • 53. Credit Loss and Bad Debt

      1:04
    • 54. Common Area Maintenance (CAM) Charges

      1:33
    • 55. Non-Controllable Expenses

      2:46
    • 56. Utility Expenses

      1:43
    • 57. Property Management Fees

      3:27
    • 58. Tenant Improvement Allowances

      3:31
    • 59. Leasing Commissions

      1:50
    • 60. Capital Expenditure Reserve

      1:56
    • 61. Free and Clear Cash Flow

      1:39
    • 62. Sourcing The Loan

      2:37
    • 63. Loan Terms

      6:07
    • 64. Supplemental and Mezzanine Debt

      2:00
    • 65. CRE Loan Covenants

      2:35
    • 66. CRE Loan Sizing - A Quick Primer

      1:27
    • 67. Loan Sizing - LTV

      2:51
    • 68. Loan Sizing - LTV Solution

      1:08
    • 69. Loan Sizing - LTC

      1:58
    • 70. Loan Sizing - LTC Solution

      1:58
    • 71. Loan Sizing - DSCR

      3:38
    • 72. Loan Sizing - DSCR Solution

      3:08
    • 73. Loan Sizing - Debt Yield

      1:58
    • 74. Loan Sizing - Debt Yield Solution

      1:04
    • 75. Loan Sizing Based on Constraints

      2:34
    • 76. The Time Value of Money

      3:26
    • 77. Capitalization (Cap) Rate

      3:55
    • 78. Unlevered Cash on Cash Returns

      5:02
    • 79. Levered Cash on Cash Returns

      2:49
    • 80. Unlevered IRR

      4:28
    • 81. Levered IRR

      2:53
    • 82. Unlevered and Levered Equity Multiple

      3:56
    • 83. Capital Risk Buckets

      5:46
    • 84. Capital Risk Bucket Scenarios

      4:11
    • 85. CRE Tax Strategies Interest Expense Deduction

      1:34
    • 86. Depreciation

      4:15
    • 87. Taxable Income Cash Flow Exercise

      8:04
    • 88. 1031 Exchanges

      2:23
    • 89. Cash Out Refinance

      3:59
    • 90. Reversion Value Projecting Exit Cap Rate

      4:11
    • 91. Value Add Profile and Impact on Exit Cap

      1:56
    • 92. Replacement Cost

      1:10
    • 93. Risk Free Rate Plus Premium

      2:22
    • 94. Reversion Value Methods Excel

      12:54
    • 95. CRE JV Structures

      2:34
    • 96. CRE JV Fee Structures

      4:20
    • 97. CRE Equity Waterfall Structures

      4:40
    • 98. The Effect of Fees on Returns

      5:32
    • 99. Equity Waterfall Modeling

      5:44
    • 100. How To Use This Information

      3:03
    • 101. Review and Feedback Request

      1:47
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About This Class

*The Complete Beginner's Guide to Investing in Apartment, Retail, Office, and Industrial Properties*

Interested in commercial real estate investing, but don't really know where to start? Built by an instructor with over $1.4 billion of commercial real estate transaction experience, this course was designed to take you from complete beginner with no knowledge of the business to a comprehensive understanding of the many components of commercial real estate investing so you can do your first deal, land a lucrative new career opportunity, or both.

This course was created to help our students:

  • Land a high-paying job in commercial real estate investment - Commercial real estate can be an incredibly lucrative business, on a much larger scale than flipping houses or buying single family residences to rent. This course will provide you with the building blocks of understanding how to analyze, purchase, and manage commercial real estate properties using the knowledge and techniques of some of the strongest institutional investors in the industry. 
  • Invest as a passive Limited Partner in large, high profit-potential deals - Commercial real estate deals are generally complex and difficult to understand for those without a strong background in institutional investing. This course will give you a leg up on the competition so when a friend, family member, or colleague comes to you with an investment opportunity, you can evaluate the deal and either decline or invest with confidence.
  • Raise money from investors to buy a commercial real estate property - Entering in 2018, we are seeing the hottest US housing market in over a decade, which has resulted in single family house flippers flooding the market and bidding up prices. Small, private commercial real estate investors targeting apartment buildings, retail shopping centers, office buildings and industrial properties are able to fly under the radar, drastically reducing competition for great deals.

This course includes graduate-level content which is taught every year in the top MBA and Master's in Real Estate programs across the globe.

If you're looking to learn about commercial real estate investing to build wealth, improve your career, or create additional income streams, you've come to the right place. 

Join us!