Description

Explore the capital structure of commercial real estate assets, covering debt financing, calculating LTV and LTC, loan amortization, loan sizing, and the equity waterfall.

Learning Objectives

  1. Recall the capital structure of commercial real estate assets.
  2. Identify the key aspects of debt financing.
  3. Calculate LTV and LTC.
  4. Calculate the payoff for a loan.
  5. Determining the maximum loan a bank will lend to a property buyer.
  6. Calculate returns to the investor with the equity waterfall.