This course can be presented in-house via live webinar.
The Trainer has over 40 years’ experience in banking, finance and financial training. He has had practical banking experience with major banks in the areas of corporate credit analysis, Corporate Banking Relationship Management and Commercial Real Estate Debt Finance. The trainer was subsequently involved in Commercial Real Estate Financial Advisory business with a then newly formed financial services subsidiary of one of the world’s largest Real Estate advisory firms.
The Trainer has almost 25 years’ financial training experience in about 60 countries focused on large scale Corporate Credit Analysis, Corporate Banking and Structured Debt Finance (Project, Infrastructure and Real Estate Finance). He holds an MSc Real Estate Investment and Finance degree from the University of Reading (2014).
The trainer has worked with participants in a wide range of job functions and experience from Commercial and Investment Banks, Development Finance Institutions, Export Credit Agencies, Public Sector organisations and large corporates.
Commercial Real Estate is a major investment Asset Class, represents a very substantial portion of corporate assets and provides collateral and credit support for a huge volume of bank and Capital Markets financings, ranging from lending to the SME sector to Commercial Mortgage Backed Securitisations. Moreover the Real Estate markets are extending from traditional investment categories such as offices and retail to now include increased interest in areas such as distribution centres, hotels and Private Residential Rental properties and student accommodation.
Commercial Real Estate values are very sensitive to the underlying economic fundamentals as well as the financial markets. With interest rates in the US, UK and the Eurozone starting to rise, there are concerns that this will adversely impact Commercial Real Estate values. Additionally Commercial Real Estate values and performance are also influenced by specific factors such as the quality of the Real Estate, lease terms, tenant risk, market sector and geographic focus making it essential to understand the specifics of each Commercial Real Estate Asset.
Commercial Real Estate is a major investment Asset Class, represents a very substantial portion of corporate assets and provides collateral and credit support for a huge volume of bank and Capital Markets financings, ranging from lending to the SME sector to Commercial Mortgage Backed Securitisations.
There will be 1 or 2 core case studies involving large value Commercial Real Estate transactions throughout the training, using the example of a single asset financing, supplemented by other cases / exercises to illustrate specific issues in the programme.
Whilst there will brief reviews of a financial model for a core case study, for participants seeking to develop their financial modelling skills Redcliffe Training provides Real Estate modelling training programmes.
This programme is designed for personnel working on large scale Commercial Real Estate transactions, with limited or no practical experience of the practical aspects of Commercial Real Estate Finance working in organisations such as
It has been assumed that participants will have limited or no prior practical experience of Commercial Real Estate Finance.
Participants should already be familiar with the core principles of financial analysis, the fundamental principles of investment appraisal techniques, the core functions in Excel and the main features of debt financing products.
Each participant will be required to bring a laptop to the course
Exercise: Review of a commercial real estate financing to identify key credit risks and potential mitigants
Exercise: Calculating and sensitising Commercial Real Estate Finance valuations using discounted cashflow techniques
Exercise: Review of key aspects of the financial statements of a Commercial Real Estate Company or REIT
Case Study: participants review and sensitise a financial model with a view to developing an acceptable debt structure for a Commercial Real Estate project
Case Study: sensitising a financial model for a Commercial Real Estate project to illustrate the sensitivity of equity related returns to key assumptions
Case Study: participants review the key elements of a summarised Term Sheet
What Redcliffe’s clients are saying about the course;
“Explained the material very clearly”
“Very knowledgeable presenter”
“Broad and wide variety of topics”
“Great Materials and very well presented by the trainer”
All courses we provide are part of a bigger group of courses for larger understanding in the real estate and debt financing market.
Debt Training Course
Training Course Area
|Debt Finance||Mezzanine finance, junior debt, senior debt, PIK,|
|The Project Finance Course||Debt capital,|
|Negotiating Mezzanine, PIK, Second Lien And Unitranche||Mezzanine finance, PIK, debt finance, junior debt, senior debt|
|Alternative Lending||Unitranche Debt, mezzanine finance, PIK,|
|Infrastructure Project Finance Course||Debt finance, debt techniques, subordinated debt|