Over half way to becoming an active commercial real estate mortgage broker.
Lesson 11 out of 20, Retail Underwriting of the Pioneer Realty Capital Commercial Mortgage Banking Certification Course, provides step-by-step instructions for analyzing loan requests for retail properties.
This lesson begins by reviewing the required underwriting documents. Students will learn to perform rent roll, cash flow, and revenue trend analyses on retail properties. Additionally, students will learn to properly summarize the results of their analysis. Finally, the lesson teaches various property valuation methods and how to create a pro forma and running 12-month summary for retail underwriting.