At OTC we believe in tailoring our courses to meet each client’s specific requirements.  The illustrative course outline below gives an indication of the type of course content that we’ve been asked to deliver. For more information call us on +44 20 7700 3330 or email info@ockendontraining.com

Strategy & Leadership Finance & Commerce Investment Banking

Introduction to real estate investment

What is covered?

An overview of real estate as an investment, focussing on the key features of the market for real estate investment and the main vehicles available to maximise returns from such investment. We review recent trends in the market and how to identify potential overvaluation. Finally, we explore real estate investment in the context of portfolio construction and management.

Who will benefit?

Participants with an interest in investing in real estate, wither on their own account or for their clients.  No prior knowledge is required.

Course content

Introduction to real estate

• Property rights
• Interests, encumbrances and easements
• Legal title

Economics of real estate

• Supply and demand
• Boom and bust: themes from the last 50 years
• Lesson from Japan, the US and UK

Financing real estate

• Mortgages explained
• Yield calculation
• Annuities revisited
• Tax issues
• Lease vs. own
• Sale and leaseback

Structuring a deal

• Common issues
• Land development issues
• Lender requirements

Alternative investment vehicles

• JV and syndicates
• Mortgage pass through securities
• CMOs

REITS

• Legal requirements
• Types of trust
• Accounting and disclosure issues
• Advantage and disadvantages

Real estate and portfolio selection

• Assessing returns

Portfolio calculation and diversification