Office Underwriting and Investment Analysis: March 2027
| By January 26, 2027 | After January 26, 2027 | |
|---|---|---|
| Member Price | $350.00 | $400.00 |
| Non-Member Price | $550.00 | $600.00 |
About the Event
Office Underwriting and Investment Analysis is designed to provide participants with a practical understanding of the analytical concepts used in underwriting and evaluating investment risk for office properties. This course builds and strengthens skills in office income analysis, valuation, and risk assessment from a lender, servicer and investor perspective.
The course begins with Office Fundamentals, introducing participants to common office property types, tenant profiles, market characteristics, and lease structures. Emphasis is placed on understanding key lease clauses and how leasing terms affect property cash flow and risk. Participants then move into Deriving Office Income and Expenses, where they learn how rental income, reimbursements, and operating expenses are analyzed, normalized, and projected.
In Office Valuation, participants apply income capitalization techniques to estimate property value, using projected net operating income and market-based capitalization rates. The course concludes with Office Lending Risks and Risk Mitigants, focusing on the unique risks associated with office properties, including leasing risk, rollover exposure, market and tenant concentration, and structural considerations. Participants learn how lenders identify, assess, and mitigate these risks in underwriting and loan structuring.
Course Syllabus:
Format:
- Instructor-led online course delivered over four weeks
- Live instruction combined with guided case study analysis
- Weekly homework assignments aligned to each lesson
- Final online exam
Intended Audience:
- Loan originators and processors
- Loan analysts and underwriters
- Loan closers
- Servicers
- Professionals in related fields such as marketing, law, accounting, appraisal, or other areas of commercial/multifamily real estate seeking foundational retail underwriting knowledge
Experience Level(s):
- Foundational
Program Schedule:
Week 1:
- Tuesday, March 9 (2:00 - 4:00 PM ET)
Week 2:
- Tuesday, March 16 (2:00 - 4:00 PM ET)
Week 3:
- Tuesday, March 23 (2:00 - 4:00 PM ET)
Week 4:
- Tuesday, March 30 (2:00 - 4:00 PM ET)
** Sessions may vary in duration depending on the subject matter**
MBA Education Cancellation Policy:
- For more information on course cancellations, transfers, substitutions or extensions, please review our MBA Education Policies.
Discounts:
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- Your organization can get unlimited complimentary seats to this class with an Education Advantage subscription! Contact Kathy Ryan to learn more about Education Advantage!
Earn a Credly Digital Badge:
- This course is part of the Commercial/Multifamily Finance Academy. Upon successful completion of all eight courses in the Academy, participants earn a Credly digital badge, recognizing their comprehensive training in commercial/multifamily finance fundamentals.
By registering for this event, you also have agreed that you will at all times during this event abide by the MBA EVENT CODE OF CONDUCT. You should familiarize yourself with this policy before attending the event as violations of the MBA EVENT CODE OF CONDUCT may result in removal from or denial of access to the MBA sponsored event without a refund of registration fees, or disqualification from attendance at future MBA events.