CRE Basics:Underwriting Multifamily & Valuation-May 2017 | Mortgage Bankers Association of New York, Inc. | 4 May 2017 | Washington D.C., USA
Venue
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| Event Date | Thu May 4 EDT - Fri May 5 EDT (over 7 years ago) |
| Location | Washington D.C., USA |
| Region | Americas |
Details
Summary:
The course will be designed to introduce the underwriting process associated with the multifamily product. Beginning with an exploration of the the capital sources available for multifamily financing and then moving through the underwriting and valuation process, participants will learn how underwriters determine if a particular property is an accceptable collateral to secure a prospective mortgage.
Objectives:
The various financing vehicle available for multifamily financing, including conventional, GSE and FHA lending options
Focus on conventional underwriting of an existing multifamily property introducing the basic steps taken in underwriting multifamily and can be applied to any type of multifamily underwriting
Examine the borrowing entity and tenancy
Review historical operating performance of an existing property
Project future performance
Determining the economic value of the property
Learn how the physical condition affects underwriting
Measures taken to ensure the property is maintained during the life of a loan.
Speakers
Robert N Kaplan, Administrative Vice President, M&T Realty Capital Corp