Commercial Real Estate Underwriting Course
Gain mastery in commercial real estate underwriting focused on neighbourhood retail properties. Develop skills in lease modelling, rent rolls, 10-year cash flow projections, rollover and refinance risk assessment, downside scenarios, DSCR, LTV calculations, and valuation techniques to enhance investment and lending decisions effectively.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
This course provides hands-on, step-by-step training to confidently assess neighbourhood retail properties. You will learn to construct rent rolls, model lease expiries, rollover risks, and tenant downtime, develop 10-year cash flow forecasts, benchmark operating costs, structure financing, conduct stress tests, and convert NOI into valuation metrics, DSCR, LTV, and precise credit decisions.
Elevify advantages
Develop skills
- Lease risk modelling: quickly quantify rollover, downtime, and DSCR impact.
- Retail underwriting: confidently analyse NOI, lease types, and tenant mix.
- Rent roll building: design 10-tenant models and aggregate cash flows swiftly.
- 10-year cash flow modelling: project EGI, expenses, NOI, and sensitivities.
- Debt and downside analysis: size loans, test scenarios, and set 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 workload.What our students say
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