Commercial Real Estate Underwriting Course
This course offers hands-on training in underwriting commercial real estate, focusing on retail properties, with skills in modeling leases, cash flows, financing, and risk analysis to make informed investment decisions.

4 to 360 hours of flexible workload
certificate valid in your country
What Will I Learn?
This Commercial Real Estate Underwriting Course provides practical, step-by-step training to assess neighbourhood retail properties confidently. Learn to construct rent rolls, model lease expiries, rollover risk, and tenant downtime, develop 10-year cash flow forecasts, benchmark operating expenses, structure financing, conduct downside analyses, and convert NOI into value, DSCR, LTV, and straightforward credit recommendations.
Elevify Advantages
Develop Skills
- Lease risk modelling: quantify rollover, downtime, and DSCR impact quickly.
- Retail underwriting: analyse NOI, lease types, and tenant mix confidently.
- Rent roll construction: design 10-tenant models and aggregate cash flows swiftly.
- 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 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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