Financing Real Estate Development Projects
Examine the real estate development finance process for new building projects and for renovations. Explore the mechanics, motivations, and requirements of the parties involved in the construction loan (debt) process. Topics include loan types, the development team, the lender’s credit criteria, the loan proposal, hard- and soft-cost budgets, the appraisal report, project feasibility, due diligence, construction contracts, and legal documentation. The course also covers guarantees; insurance and bonding; title insurance; liens; environmental reports; the Building Loan Agreement (BLA); requisitions, the funding process, and loan administration; retainage; the lender’s engineer; and the takeout.
It is expected that students have completed Real Estate Financial Analysis/REFI1-CE9351 or have equivalent real estate finance experience. An assessment will be given at the start of the course.
Note: Registering at least two weeks prior to the start of the course date is highly recommended. Popular classes fill up quickly and more specialized classes need sufficient enrollment.
For general information about this course, please call 212-992-3336 or email firstname.lastname@example.org.
If you are registered for an online course and are not able to access/view your course in Brightspace, please note the following:
- It may take at least 24 hours from the time you registered for your information to be transferred into Brightspace.
- New students registering two days or LESS before the start date of the course may experience delayed access.
For additional technical support, contact the IT Service Desk (available 24/7/365) at 212-998-3333 or AskITS@nyu.edu.
You'll Walk Away with
- Knowledge of lender requirements
- The ability to prepare a loan submission
- Real estate developers
- Real estate lenders
DateMar 20 - Apr 24