课程: Structuring a Construction Loan

Course introduction

课程: Structuring a Construction Loan

开始一个月试用 购买团队方案

Course introduction

“

- Hi, and welcome to CFI's course on "Structuring a Construction Loan." I'm Kathy Poettcker, and I'll be your instructor. The purpose of this course is to learn how to review a client's budget and pro forma within the context of a construction financing application. By the end of this course, you'll be able to understand what makes up the line items in a developer's budget, and from those line items, derive a risk-assessed loan-to-cost, review development and construction cash flows to calculate the interest and financing fee values and funding mechanisms, determine how the price of debt ties into the budget and project evaluation, appreciate how qualitative loan terms such as guarantees can impact loan-to-cost and interest rates, calculate the various take-out scenarios for a build to condo unit sale, build to stabilized asset sale, and build to stabilized asset with a take-out mortgage, And finally, examine how mezzanine debt and promote structures may fit into the total project assessment. Throughout this course, you will be watching video lectures and participating in interactive exercises. At the end of the course, you will take a qualified assessment to test what you have learned. This is a required course in CFI's Commercial Real Estate Specialist Bundle, and it will build on the material covered in "Construction Finance Fundamentals." We've got a lot of exciting material to cover. Let's get started.

内容