REAL PROPERTY Investment Certificate

Transcription

1 REAL PROPERTY Investment Certificate

2 The Real Property Investment CertificatE (RPIC) The Real Property Investment Certificate has been developed as a benchmark of knowledge for the Commercial Real Estate industry. Led by today s thought leaders, this certificate is aimed at industry professionals who wish to further their education and career with academic and industry knowledge. REAL PROPERTY Investment Certificate 02 Real Property Investment Certificate

3 Benefits Advance your career with an education that is recognized by Canada s leading organizations Get an education that is relevant in today s economy Listen and engage with fellow leaders in the industry Enjoy small class sizes, with particitation amongst peers Learn the industry from leaders in Canadian Real Estate Broaden your knowledge by learning different sectors of the industry CONTACT INFO: Edward Byers, Manager, Professional Development & Events T: x221 E: ebyers@realpac.ca Real Property Investment Certificate 03

4 DIFFERENTIATOR You will learn from instructors who are both academic, and industry leaders in their respective fields. Classes not only provide theoretical knowledge, but will provide students with the opportunity to learn, listen and engage with other leaders from different sectors of the industry. DELIVERY Each course is 2 full days in length (9am-5pm) held at Ryerson University (Ted Rogers School of Management). Each course is offered once a year. Multiple offerings of the same course may occur based on demand. Courses will be taught through a mix of lecture, case study, and guest speaker method. TIMELINE Students will have up to five years to complete the certificate. Students must enroll in the Certificate program which includes a nonrefundable $100 administration fee. Students will be given credit for courses taken in GRADUATION To graduate, students must complete the 4 core courses and 2 elective courses (96 hours). Students must also score a minimum of 70% on a short test at the end of each course. To graduate, students must apply to graduate through the online application system. Once REALpac confirms eligibility, students will receive a certificate of completion. 04 Real Property Investment Certificate

5 Very interactive and robust education. Great job bringing in different guest speakers to hear experiences from different perspectives. Real Property Investment Certificate 05

6 COURSES CORE COURSES (64 Hours) (4 Courses) Capital Markets & Investing (16 hours) Finance & Investment in Commercial Real Estate (16 hours) Valuation in Commercial Real Estate (16 hours) Real Estate Law (16 hours) ELECTIVE COURSES (32 Hours) (2 Courses) Lending in Commercial Real Estate (16 hours) Commercial Real Estate Asset Management (16 hours) Real Estate Development (16 hours) Real Estate Leasing (16 hours) Sustainability in Commercial Real Estate (16 hours) PRICING REALpac Member and Non-Member Pricing Member: Non-Member: $1,395 per course $1,895 per course Group Pricing Available 06 Real Property Investment Certificate

7 ADMISSIONS/ENROLLMENT Students have the ability to take courses first and then enroll in the certificate later; however, as courses are subject to change, we suggest applying for admission to the certificate program first. Relevant work experience is encouraged to fully comprehend course material. It is recommended students have minimum 3-4 years in the Commercial Real Estate Industry. Students come from a variety of fields within the industry, and have different levels of experience. Students will explore different sectors to help better understand how each area relates to their current role. You can enroll in the Real Property Investment Certificate program at any time of the year at Accrediting Associations Take REALpac courses to earn Continuing Education credits from the following institutions: Real Property Investment Certificate 07

8 COURSE DESCRIPTIONS CAPITAL MARKETS & INVESTING The Real Estate Capital Markets have evolved over the past 15 years to include more sophisticated and diverse capital structures and investment opportunities in private and public markets, with institutional ownership taking on an increasing presence in the marketplace. Key players in the Real Estate sector have expanded to include mutual fund managers, equity capital markets participants along with the analyst community playing an active role, and public company managers and their boards placing increasing importance on sound corporate governance. This course will discuss various ways of raising capital across the Real Estate sector, REIT vs. corporate structures, the IPO process, related valuation and performance measurement concepts in the public markets, and current issues facing the capital markets with a focus on governance. In addition, this course will utilize a combination of lectures, guest speakers, and mini case studies designed to replicate actual day to day experiences of various market participants. FINANCE & INVESTMENT The market for commercial Real Estate investment continues to evolve and integrate with broader investment and capital markets. This two-day course combines theory and industry practice to examine current topics and emerging issues in the increasingly complex world of real estate finance and investment. The primary objective of the course is to introduce tools and refine concepts and techniques that will improve investment, financing and risk management decisions. The course will explore both the micro-level pertaining to individual properties and deals, and macro-level portfolio and investment management considerations. It is designed to be interactive with attendees encouraged to participate during lectures and case studies. LENDING IN COMMERCIAL REAL ESTATE The primary objective of this course is to identify and understand the goals and underwriting methods of Real Estate lending and explain the rationale behind why varying structures and approaches are used by different lenders. In addition, the curriculum will include a combination of theory and practice, providing real world financing examples from within the Canadian marketplace as well as comparing it with other markets, together with utilizing a combination of lectures, interactive panel discussions and business cases to provide students with a fulsome and interactive learning experience. 08 Real Property Investment Certificate

9 REAL ESTATE DEVELOPMENT Development is a critical component of community building. The development business is multi-disciplinary where the developer brings one or more of finance, entitlement, marketing and deal making expertise to the table along with access to capital. This course takes participants through the feasibility analysis process from beginning to end along with exploring the role of each member of the development team including consultants and the community. The development of multiple property types are explored including mixed use incorporating case studies, lecture and discussion. In addition, the course will discuss financing and various sources of risk in all aspects of the development process. VALUATION IN COMMERCIAL REAL ESTATE Valuation plays a key role in nearly all decisions related to commercial real estate. As such this course will provide vital practical information on the valuation process to assist asset managers, leasing and investment brokers, underwriters, mortgage lenders, investors and developers who are faced with complex decisions which impact asset values. This course will provide participants with a practical understanding of valuation methodologies and techniques in the context of all major asset classes and will include real world case studies and valuation modelling exercises. It will also address some of the key differences in valuation issues and techniques and their impact as well as emerging valuation trends and technologies. SUSTAINABILITY IN COMMERCIAL REAL ESTATE The commercial Real Estate Industry in Canada has seen an unprecedented level of interest in Green Buildings and Corporate Responsibility & Sustainability (CR&S) over the past 7 years. This course will introduce participants to the fundamentals of green buildings, review CR&S drivers and best practices, and help participants meet new expectations for sustainability programs and reporting in their organization. COMMERCIAL REAL ESTATE ASSET MANAGEMENT Real Estate Asset Management is a complex and diverse function that has evolved over the past few decades to emerge as an integral area of practice within the world of commercial real estate. There are many approaches, definitions and models of Asset Management, and the skills required of and functions performed by an Asset Manager depend on several variables of a portfolio, including: the size and scale of an organization, the number and Real Property Investment Certificate 09

10 type of assets under management, the business goals of the owners (e.g. current income vs. capital gain), as well as the nature of the mandate (internal or outsourced to a third party). Asset Management continues to expand in order to help deal with the numerous and varied issues between owners, consultants, property managers, accountants, tenants, capital markets and regulatory authorities. REAL ESTATE LAW Commercial Real Estate is an industry where law and business are intertwined. Title and tenure, planning and land-use regulation, and legal contracts such as leases, purchase agreements, construction contracts, loan documents and development agreements play a major role in creating cash flows, reducing risk, ensuring compliance, and ensuring desirable outcomes. Get it wrong, and losses and costs can mount and risks can increase. Understand the legal side, and avoid or substantially reduce risk in real estate transactions. This course will focus on the legal underpinnings of real estate, regulatory controls over real estate, and legal best practice in effecting transactions including purchase and sale, leasing, financing, construction and development. REAL ESTATE LEASING Become knowledgeable about the leasing process from experienced industry leaders on the owner/tenant/brokerage sectors in the Toronto leasing market. This course will help attendees become knowledgeable of the relationship of strategic leasing to asset values and real estate management. Learn from industry leaders about the importance of structuring sound leasing transactions to leverage the value of the workplace and return value to the enterprise. 10 Real Property Investment Certificate

11 REALpac REALpac is Canada s senior national industry association for owners and managers of investment real estate. Our Members include publicly traded real estate companies, real estate investment trusts (REITs), private companies, pension funds, banks and life insurance companies with investment real estate assets each in excess of $100 million. The association is further supported by large owner/occupiers and pension fund advisers as well as individually selected investment dealers and real estate brokerages. REALpac is an exclusive, executive organization whose vision is to be Canada s most influential voice in the real property investment industry. Our mission is to bring together Canada s real property investment leaders to collectively influence public policy, to educate government and the public, to ensure stable and beneficial real estate property and capital markets and to promote the performance of the real property sector in Canada. Real Property Investment Certificate 11

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