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Course Description

How do you determine which tenant will be most valuable in your space during the holding period? How can you improve your net operating income (NOI) projection and account for the possibility of facing operating losses? To answer these questions, you will create a model for expense recovery by lease type while taking vacancies into consideration as well as a model for operating expenses by property type. In this lesson, you will forecast revenues for expense recoveries and analyze the impact that fixed and variable operating costs have on your net operating income (NOI) projections. You will compare fixed operating costs that are predictable and not dependent on occupancy to those of variable operating costs that fluctuate with occupancy. You will also calculate the total operating expenses and net operating income for a building along with how to account for recoverable versus non-recoverable expenses.

Benefits to the Learner

  • Create a model for expense recovery by lease type while taking vacancies into consideration
  • Identify the relationship between lease types, tenant responsibilities, operating costs, and potential sources of revenue from tenants
  • Determine the effective rent for a tenant and compare multiple lease structures to determine which is the most valuable over the holding period
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Type
self-paced (non-instructor led)
Dates
Jun 02, 2023 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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