CHICAGO, IL (PRWEB) May 20, 2016
To enter into (or represent someone in) a commercial real estate transaction it is critical to understand the legal and business aspects of the deal and understand the local market. This Financial Poise™ webinar series provides attendees with a solid overview of the issues to consider when doing real estate deals.
As with all Financial Poise™ webinars, each episode in the series is designed to be viewed independently of the other episodes, and listeners will enhance their knowledge of this area whether they attend one, some, or all of the programs.
Episode #5 of the REAL ESTATE DUMBED DOWN 2016 series is "Real Estate Valuation Basics 101" airing on May 27, 2016 at 2pm CST (Register Here). Moderator Felix Shalit of Sila Capital will be joined by Nicole Pecoulas of Cornerstone Advisors, Jeanne Peck of Berkadia and Andrew Dorchester of The Dorchester Group.
Accurate real estate valuation is important to everyone involved in a real estate deal: mortgage lenders, investors, insurers, and, of course, buyers and sellers. The principal economic bases of property valuation include the cost for which a substitute property can be obtained; estimating future income of the property; how change (nearby development and other trends) affects value; how competition will affect profits; whether contemplated improvements will make a net contribution to value; whether the property’s use is in conformity with other activities in the area; supply and demand; and what the highest and best use of the land might be. This webinar also specifically dives into the three primary means of appraising commercial real estate: the cost approach, sales comparison approach, and the income capitalization approach.
ABOUT FINANCIAL POISE™:
Financial Poise provides unbiased news, continuing education, and intelligence to private business owners, executives, investors, and their trusted advisors. For more information contact Emily Goldin at egoldin(at)financialpoise(dot)com or 312-469-0135.