Commercial Real Estate Underwriting Course
This course equips you with essential skills for underwriting commercial real estate, focusing on retail properties through practical modeling and analysis techniques.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
This Commercial Real Estate Underwriting Course provides practical, step-by-step training to assess neighbourhood retail properties with assurance. You will learn to construct rent rolls, model lease expirations, rollover risks, and tenant downtime, develop 10-year cash flow forecasts, benchmark operating costs, arrange debt, conduct downside analyses, and convert NOI into value, DSCR, LTV, and straightforward credit advice.
Elevify advantages
Develop skills
- Lease risk modelling: quickly quantify rollover, downtime, and DSCR effects.
- Retail underwriting: confidently examine NOI, lease varieties, and tenant composition.
- Rent roll construction: build 10-tenant models and compile cash flows swiftly.
- 10-year cash flow modelling: forecast EGI, expenses, NOI, and sensitivities.
- Debt and downside analysis: determine loan sizes, evaluate scenarios, and establish covenants.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workloadWhat our students say
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