Finance & Investment in Commercial Real Estate 2018 | The Real Property Association of Canada (REALPAC) | 4 June 2018 | Vantage Venues, Toronto, Ontario

The market for Commercial Real Estate investment continues to evolve and integrate with broader investment and capital markets. This two-day course combines theory and industry practice to examine current topics and emerging issues in the increasingly complex world of Real Estate finance and investment.

The primary objective of the course is to introduce tools and refine concepts and techniques that will improve investment, financing and risk management decisions.The course will explore both the "micro-level” pertaining to individual properties and deals, and "macro-level” portfolio and investment management considerations. It is designed to be interactive, with attendees encouraged to participate during lectures and case studies.

COURSE CONTENT
- The evolution of real estate as an asset class
- Real estate capital market perspectives, trends and emerging innovations
- Structuring the financing of property investment: the "capital stack”
- Investment analysis and valuation of existing (built) properties
- Ratio and discounted cash flow techniques: cap rates and discount rates
- Commercial mortgage capital sources and mortgage underwriting
- Debt financing: impact on risk, return and valuation over the cycle
- Financial analysis of real estate development projects
- The role of real estate in modern mixed asset portfolios
- Public versus private market pricing of real estate equity
- Assessing, pricing and managing real estate investment risk

2018 Speakers:

INSTRUCTOR:
Jim Clayton, PhD, Professor

Timothy R. Price Chair
Brookfield Centre in Real Estate & Infrastructure, Schulich School of Business

2018 Sponsors:

PARTNERS:
• Aon
• Energy Profiles Limited
• FPL
• Ferguson Partners
• Integral Group
• Marsh
• Rycom

EXECUTIVE EDUCATIONAL:
• Realpac
• Ryerson University
• Ted Rogers School of Management