Real Estate Investment and Finance

Real Estate Investment and Finance is about understanding real estate investments and the financial value they give to a business. To achieve this understanding, you must learn about such financial statistics as net present values and internal rates of return, among others. The concepts behind capitalization, discounting, lifecycle costing, and value are equally vital. This course will provide you with the basic knowledge necessary to evaluate investment opportunities and to maximize the value of your current properties. To do this, you will learn the basics of investment mathematics.

You will need a financial calculator to apply what you learn. Therefore, as you study, the chapters will walk you through many calculations using the HP 10bII.* The last chapter of this coursebook contains a case study, with additional practical exercises, so that you can further apply what you have learned.

Upon successful completion of this course, learners will be able to:

• Understand physical value and market value
• Determine a property’s economic value
• Finance investments and increase value
• Demonstrate a working knowledge of current tax laws, including capital gains and depreciation

*The coursebook is written for the following calculators: HP 10b, HP 10bII, HP 10bII+, HP12c, and HP 19bII. The HP 10bII, HP 10bII+, HP 12c, and HP 19bII calculators can be purchased online, by calling 1.888.999.4747, and in office supply stores. Please note, the HP 10b calculator is no longer being produced by HP, but you can still find it in office supply stores and online. 

Key topic areas:

asset valuation and enhancement • costs and taxes • capitalization • site and building analysis • the appraisal process • discounted cash flow measurement • ownership vehicles • the basics of lending and current lending practice

Applies to:

PMFP certificate
FMA® and RPA® designations

This webinar will focus on the new BOMA Standard for Mixed-Use Properties 2021.  Topics covered include how, when and why to apply the standard with step-by-step guidance.  The terms and terminology used will be explained along with all the new features.  There is a special focus on the new simplified methodology for determining Mixed-Use Common area allocations.

Learning Objectives

At the end of this webinar, participants will be able to: 

• Determine which property types the Mixed-Use Standard may be applied to and why it is important.
• Understand how the Mixed-Use Standard works in combination with the other BOMA Measurement Standards.
• Learn the steps to follow in applying the standard.
• Gain an understanding of Mixed-Use Components and Mixed-Use Common Areas, the different types and how to allocate those areas among tenants.

Thank you to our event sponsors

Homelessness is a growing concern in many communities, and Southern Nevada is no exception. Sadly, young people are often the most affected, with many struggling to find a safe place to call home.

But change is on the horizon, thanks to the collaborative efforts of Commercial Alliance Las Vegas (CALV), Las Vegas REALTORS® (LVR), and the Nevada Partnership of Homeless Youth (NPHY).

On Saturday, April 22, 2023, CALV and LVR will renovate several of NPHY's housing units to provide temporary homes for some of the area's homeless youth. This is an important step towards helping these young people gain stability and start a new chapter.

As a community, we can all play a role in this effort. The deadline to donate items from the NPHY Amazon Wish List for the beautification project is Friday, March 31, 2023.

You can show your support by clicking the link below to purchase items from the list. Your purchase will be shipped directly to LVR.
https://a.co/a8XT3T5

But it's not just about donating items. You can also get involved by volunteering for the NPHY beautification day on Saturday, April 22, 2023. This is an opportunity to make a difference in the lives of these young people and give back to the community in a meaningful way.

If you're interested in volunteering, don't hesitate to get in touch with CALV at 702-784-5050 for more information.

In collaboration with: BOMA Nevada, SNCCIM, CREW Las Vegas, IREM, NAIOP, SIOR and The Nevada State Apartment Association (NVSAA).

Topic: Risk Management Panel

Details coming soon....

Topic: Sustainability
Details coming soon....

Leasing and Marketing for Property Managers

Leasing and Marketing for Property Managers is a resource and how-to guide for property managers who have been assigned the additional responsibility of leasing. The course covers everything from working with owners and prospective tenants, to creating marketing and leasing plans, to writing the actual lease. You will be provided with websites, techniques, and valuable resources to smooth your transition from property manager to leasing agent.

As a property manager/leasing agent, you must be effective in placing customer needs ahead of other considerations. You must be able to respond rapidly to change, anticipate trends, and present your building more persuasively than the competition can. Furthermore, you must know that a signed lease at the end of the sales process is the true beginning of marketing efforts, because it is cheaper to keep a tenant than to have to spend money finding a new one.

Upon successful completion of this course, learners will be able to:

• Chart and rate comparative properties in your market
• Develop advertising and media buying savvy
• Employ proper public relations
• Develop parameters to lease space effectively
• Identify prospective tenants and make them aware of how your building suits their needs

Key topic areas:

market analysis, survey conditions, and planning • ownership and investment • renewal and tenant satisfaction • the leasing plan, including lease negotiations • public relations and advertising • tenant prospecting and space allowance

Applies to:

RPA® designation

Trade Show
Details coming soon...

Topic: Property Managers Panel
Details coming soon

Law and Risk Management

Law and Risk Management presents information about torts, contracts, employer/employee relations, property rights, leasing and conveyancing, and environmental law and insurance. It also discusses the insurance market, different types of insurance policies, and the claims adjustment process. Reading this material will provide you with a foundation in the basic principles of law and risk management, thus helping you deal with everyday legal and risk issues surrounding your business.

Upon successful completion of this course, learners will be able to:

• Discuss the issues surrounding contracting law
• Explain the legal aspects of real estate financing
• Understand environmental law and land use
• Identify potential legal liability situations
• Formulate effective loss control programs
• Understand insurance policies needed to help protect your company from potential liability claims
• Describe how underwriting for insurance affects your coverage
• Provide comprehensive employee benefit plans

Key topic areas:

conveying and financing real estate • contracts • property interests • premises liability • environmental law and concerns • employment relationships and agency • introduction to risk management • insurance company operations • principles of insurance and insurable risk • general liability insurance and employee benefit plans • loss exposures

Applies to:

RPA® designation

Topic: 2023 Nevada Legislature Recap
Panel of Legislators
Details coming soon

Ethics Is Good Business® ShortCourse

Ethics Is Good Business® ShortCourse will provide you with the tools to make sound ethical decisions. As you will discover, the information in this coursebook provides a framework for analyzing and responding to ethical problems. During this ShortCourse, you will read passages that reinforce the key concepts and issues presented. You will also encounter specific case studies that illustrate the need for you to have a firm ethical foundation for the decisions you will make.

Upon successful completion of this course, learners will be able to:

• Demonstrate an understanding of fundamental ethical terms
• Understand moral reasoning
• Identify potential ethical challenges and apply two theoretical ethical approaches to them
• Resolve difficult issues by employing an ethical decision-making model
• Cite examples of companies embracing a triple bottom line philosophy, and identify how the concept can be implemented in your organization

Key topic areas:

the triple bottom line • tenant relations • confidentiality • recordkeeping • trade secrets • proper use of funds • conflicts of interest

Applies to:

FMA® and RPA® designations

Recommendations:

USGBC Recommendation: 6 GBCI continuing education hours toward the LEED Credential Maintenance Program