BEGIN:VCALENDAR PRODID:MFA Housing New Mexico Events VERSION:2.0 METHOD:PUBLISH BEGIN:VEVENT SUMMARY;CHARSET=utf-8:This capstone course in real estate finance will examine in-depth the capital markets for commercial real estate development and acquisition projects.  A variety of capital sources will be explored including traditional mortgage financing, joint-venture equity arrangements, and bridge financing such as mezzanine loans and preferred equity.  The discussion will help students better understand how to structure the capital stack for a real estate transaction, and how different structures allocate investment risk and return to each party.  The course will also examine real estate’s role in a multi-asset portfolio and how it competes with other asset classes. Advanced case studies will demonstrate how deals are structured and will introduce sophisticated analytical techniques.  Hands-on exercises will be utilized to enhance student learning.  Guest speakers from both the debt and equity finance markets will provide real-world examples of current deals. Upon completing this course attendees will:     Have a deeper understanding of the various sectors in the commercial real estate capital market and how they operate     Be able to demonstrate the relative pros/cons of different types of debt financing, such as portfolio loans and conduit loans     Understand the various ways to construct a joint venture or a syndicate, using the waterfall structure     Identify alternatives for filling the gap in the capital stack between the first mortgage and equity capital     Know how real estate is evaluated by institutional investors holding multi-asset portfolios Participants are expected to bring a laptop computer with Microsoft Excel to the course. AIA and AICP pending. For more information and to register click here. DESCRIPTION;CHARSET=utf-8:This capstone course in real estate finance will examine in-depth the capital markets for commercial real estate development and acquisition projects.  A variety of capital sources will be explored including traditional mortgage financing, joint-venture equity arrangements, and bridge financing such as mezzanine loans and preferred equity.  The discussion will help students better understand how to structure the capital stack for a real estate transaction, and how different structures allocate investment risk and return to each party.  The course will also examine real estate’s role in a multi-asset portfolio and how it competes with other asset classes. Advanced case studies will demonstrate how deals are structured and will introduce sophisticated analytical techniques.  Hands-on exercises will be utilized to enhance student learning.  Guest speakers from both the debt and equity finance markets will provide real-world examples of current deals. Upon completing this course attendees will:     Have a deeper understanding of the various sectors in the commercial real estate capital market and how they operate     Be able to demonstrate the relative pros/cons of different types of debt financing, such as portfolio loans and conduit loans     Understand the various ways to construct a joint venture or a syndicate, using the waterfall structure     Identify alternatives for filling the gap in the capital stack between the first mortgage and equity capital     Know how real estate is evaluated by institutional investors holding multi-asset portfolios Participants are expected to bring a laptop computer with Microsoft Excel to the course. AIA and AICP pending. For more information and to register click here. LOCATION;CHARSET=utf-8:Washington Plaza Hotel, 10 Thomas Circle, NW, Washington, DC 20005 UID:20150608-517@housingnm.com URL:http://housingnm.org/events/ical/517 DTSTART:20150608T080000 DTSTAMP:20150608T080000 DTEND:20150610T170000 END:VEVENT END:VCALENDAR