CRI Associate Designation (Level II)

Body CRI Associate Designation (Level II Examination)

The Charter (Level II Examination) is the second step toward earning your CRI Charter Designation and demonstrating your commitment to ethics- based competency in commercial real-estate.

NEW THIS YEAR: Level II Enhancements

We've made improvements to the Level II study guide and exam to help you take your career to the next level.

  • Now offered online using a virtual proctor so you can take the exam from anywhere
  • Revised study guide with relevant information, scenario examples, and financial formulas
  • New comprehensive practice test to help you prepare for the exam
  • Updated supplemental references that provide additional data and guidance

Charter Fast Facts

  • The exam consists of 100 multiple-choice questions.
  • The exam focuses on the concept of the real estate portfolio management and capital markets.
  • Each candidate has 12 months from enrollment to study and pass the examination.
  • Charter Exam Fees:    
    • Application Fee - $100
    • Enrollment Fee - $1,050

Upon enrollment,  the candidate will be given access to MBA's learning management system which houses the exam, study guide, reference materials, and discussion board.

A brief summary of the test components include:

  • Capital Market Instruments (fixed income securities, equities, hybrid instruments)
  • Real Estate Asset Management at Property Level (maximizing value for equity and debt investors)
  • Real Estate Asset Management at Portfolio Level (asset liability management, capital structure, etc.)
  • Management and Asset Classes (asset classes and markets, allocation, derivatives, benchmarking)

Charter (Level II) Application Form