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 risks, downside scenarios, DSCR, LTV calculations, and valuation techniques to enhance investment and lending decisions effectively.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course equips you with hands-on, step-by-step skills to confidently assess neighbourhood retail properties. Master building rent rolls, modelling lease expiries, rollover risks, tenant downtime, generating 10-year cash flow forecasts, benchmarking operating expenses, structuring debt, conducting downside scenario analyses, and converting NOI into valuation metrics like DSCR, LTV, along with clear credit recommendations.
Elevify advantages
Develop skills
- Lease risk modelling: quickly quantify rollover, downtime, and DSCR effects.
- Retail underwriting: confidently analyse NOI, lease types, and tenant mix.
- Rent roll building: create 10-tenant models and aggregate cash flows fast.
- 10-year cash flow modelling: forecast EGI, expenses, NOI, and sensitivities.
- Debt and downside analysis: size loans, test scenarios, and establish covenants.
Suggested summary
Before starting, you can change the chapters and 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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