Valuation Methodologies and the Use of Leverage Individual Course Module (AREF3)
This session begins by reviewing definitions for the cash flows for unlevered property and levered equity, along with defining total return, yield, growth and cap rate. Attendees will learn to recognize the appropriate measure for equity risk created by the presence of leverage and examine the relationships between leverage, and equity risk and return. Lastly, we’ll identify an appropriate levered rate of return for equity in a DCF framework.
If you would like to purchase the full course (all eight modules) instead of this individual module, please visit the full Advanced Real Estate Finance On-demand Course.
Individual Course Module Tuition and Registration
Payment for a NAIOP on-demand course entitles access for one person only to the course and all materials.
How to Register
- Register online: Click on the green Register button at the top of the page. You will need to log in or create a free account in order to see the Register button.
- Mail: Send check payments to: NAIOP, CL500060, PO Box 5007, Merrifield, VA 22116-5007
- Register over the phone/questions: 800-666-6780
Note* - You have 60 days to complete this course.
All registrations processed online receive an automatic order confirmation and receipt. If you register via fax, mail, or phone, a receipt must be requested by contacting firstname.lastname@example.org.
Login instructions to access the on-demand course are sent under separate cover from NAIOP Learning. If you do not received the login instructions, please check your spam folder. If the login email is still not there, please contact the NAIOP Education Department.
No refunds will be issued.