Duration: 125 minutes
Presenter: Mike Smith, CUBG
Most commercial lenders are familiar with how to calculate NOI or how to review an appraisal, but what about the other pieces of commercial real estate? Understanding the small details of CRE lending can often help expose the difference between a good loan and a bad loan. In this session recorded from CUBG’s 2022 Portland Conference, join CUBG’s Mike Smith and learn how to broaden your approach when underwriting CRE loans.
We’ll explore some of the lesser-known aspects of underwriting, documenting, and managing commercial real estate loans, including:
– How to review a lease and title commitment
– When to obtain estoppels
– Are SNDAs a good idea?
– Employing debt yield as a tool for analysis
– What the lien documents really say
– Understanding how your borrowers assess CRE deals including basis, ROI, cash on cash return, IRR, gross rent multiplier, rent yield, and more
Purchase Terms & Conditions
After the order is approved, you’ll receive an email with links to download the education materials. After you download, you will be able to save the files to your shared network and use the training for your credit union going forward.