Commercial Real Estate Leases - The Engines That Drive 2 CE Hours In Person

This course offers two (2) Real Estate Elective Continuing Education (CE) credits for Colorado real estate licenses.

Introduction To Commercial Real Estate Leases – The Engines that Drive Commercial Real Estate!

Leases are the engines that drive commercial real estate investments. From an investor's perspective, leases are fundamental drivers of value. Occupiers depend on their leases for stability and direction. Therefore, professionals in commercial real estate should have a solid understanding of the financial implications and business impacts of lease provisions by utilizing the lease abstract.

When evaluating lease provisions, it's essential to analyze each provision both individually and collectively, considering the perspectives of both the landlord and the tenant. This comprehensive analysis helps determine the property's value and assess how these provisions affect the tenant's business needs, as well as the overall value of the lease for the landlord during its term and after the lease expires.

Miscalculating the size of leased space can have significant financial consequences for both landlords and tenants, potentially resulting in errors worth thousands of dollars. In this presentation, we will provide an overview of the BOMA (Building Owners and Managers Association) methods for measuring office, industrial, and retail spaces.

Tenants and landlords often have different perspectives on their real estate. We will explore the "Four Worlds of Real Estate" and how each perspective can influence real estate decisions.

What you will learn:

· An overview of the various benefits of lease abstracts.

· The key lease terms that influence a company's objectives.

· The repercussions of inaccurately measuring a space's square footage.

· Methods for accurately calculating the size of a space.

· The different types of leases and their impact on real estate decisions.

· How to calculate the total cost of occupying a space from the perspective of the tenant.

· How to assess the value of a tenant from the landlord's viewpoint.

· Identifying the different lease types and their effect on real estate decisions.

How this course will improve a real estate broker’s knowledge and competency.

Attendees will learn about the business aspects of commercial lease provisions, including their impact on the tenant's business strategy and the financial implications for the landlord.

When evaluating lease provisions, whether you are a tenant or an investor, it is essential to analyze each provision both individually and collectively. This analysis helps determine how these provisions affect the tenant’s business needs and the overall value of the lease for the landlord throughout its duration and after it expires.

Host or Publisher First Realty Advisors