The Complete Guide To Retail Real Estate Investing

  • Course provided by Udemy
  • Study type: Online
  • Starts: Anytime
  • Price: See latest price on Udemy
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Course Description

Interested in learning how to analyze retail real estate investments? This course was designed to take you from zero to hero in retail real estate investing, After taking this course, you will be able to confidently analyze a retail real estate deal, whether you're looking to buy a property on your own, invest with partners, or land a job with a top retail real estate private equity firm.

This curriculum was specifically designed with the following people in mind:

  • Aspiring commercial real estate investors who want to buy bigger properties with less headache - Retail properties are generally larger and often entail fewer headaches than a single-family home investment, a fourplex, or even a small apartment building. The longer lease terms and business-oriented tenant base allows investors to take a more hands-off approach to retail than traditional real estate investments, especially for triple-net single tenant properties.

  • Students or career switchers who want to land a job in retail real estate private equity - According to CEL & Associates, the 2020 median total compensation for a retail acquisitions associate was $137K per year. This course will teach you the fundamental retail product-specific skills and knowledge you won't be able to find anywhere else.

  • Passive real estate investors looking at investing in retail real estate deals - Retail deals can be extremely lucrative - long-term contractual lease obligations limit downside in the case of market corrections, operating income can be far more predictable than a single-family or multifamily real estate investment, and massive returns within short periods of time are very possible with lease-ups of large portions of a property's square footage. But as a passive investor, do you really know what you're getting yourself into? Is the property you are looking at a "good" deal? This course will teach you the main things you need to look out for when investing in a retail real estate investment deal.

Here's what some of our students have had to say:

★★★★★ "Excellent course that rivals master-level courses on the subject of Retail Investing. Extremely useful and practical!"

★★★★★ "Great course overall! I especially liked the resources provided, it makes it a lot easier to apply what I learned in the course."

★★★★★ "Incredible value! Just what I was looking for!"


You'll also get a complete "done-for-you" retail acquisition model that you can use when looking at new potential acquisition opportunities included with your enrollment in the course. And with our 30-day money back guarantee, you can try the course out completely risk-free.

See you on the inside!

Who this course is for:

  • Individual investors and real estate syndicators who want to take advantage of the shift in brick and mortar shopping invest in retail real estate properties.
  • College students, graduate students, recent graduates, or career switchers who are looking to land a job in retail real estate investing.

Expected Outcomes

  1. A firm understanding of how to confidently invest in retail shopping centers, strip centers, and standalone buildings. An institutional-quality retail underwriting model to use when analyzing new acquisition opportunities Requirements Access to Microsoft Excel software for Mac or PC. Description Interested in learning how to analyze retail real estate investments? This course was designed to take you from zero to hero in retail real estate investing, After taking this course, you will be able to confidently analyze a retail real estate deal, whether you're looking to buy a property on your own, invest with partners, or land a job with a top retail real estate private equity firm. This curriculum was specifically designed with the following people in mind: Aspiring commercial real estate investors who want to buy bigger properties with less headache - Retail properties are generally larger and often entail fewer headaches than a single-family home investment, a fourplex, or even a small apartment building. The longer lease terms and business-oriented tenant base allows investors to take a more hands-off approach to retail than traditional real estate investments, especially for triple-net single tenant properties. Students or career switchers who want to land a job in retail real estate private equity - According to CEL & Associates , the 2020 median total compensation for a retail acquisitions associate was $137K per year . This course will teach you the fundamental retail product-specific skills and knowledge you won't be able to find anywhere else. Passive real estate investors looking at investing in retail real estate deals - Retail deals can be extremely lucrative - long-term contractual lease obligations limit downside in the case of market corrections, operating income can be far more predictable than a single-family or multifamily real estate investment, and massive returns within short periods of time are very possible with lease-ups of large portions of a property's square footage. But as a passive investor, do you really know what you're getting yourself into? Is the property you are looking at a "good" deal? This course will teach you the main things you need to look out for when investing in a retail real estate investment deal. Here's what some of our students have had to say: ★★★★★ "Excellent course that rivals master-level courses on the subject of Retail Investing. Extremely useful and practical!" ★★★★★ "Great course overall! I especially liked the resources provided, it makes it a lot easier to apply what I learned in the course." ★★★★★ "Incredible value! Just what I was looking for!" You'll also get a complete "done-for-you" retail acquisition model that you can use when looking at new potential acquisition opportunities included with your enrollment in the course. And with our 30-day money back guarantee, you can try the course out completely risk-free. See you on the inside! Who this course is for: Individual investors and real estate syndicators who want to take advantage of the shift in brick and mortar shopping invest in retail real estate properties. College students, graduate students, recent graduates, or career switchers who are looking to land a job in retail real estate investing. Show more Show less Course content 14 sections • 95 lectures • 4h 32m total length Expand all sections Introduction 6 lectures • 10min What We Will Cover - Part 1 Preview 01:54 What We Will Cover - Part 2 Preview 02:51 Who This Course Is For Preview 02:33 About The Instructor & This Course Preview 01:42 DOWNLOAD ME FIRST! 00:09 Disclaimer 01:18 Retail Overview 5 lectures • 13min What Is A Retail Property Preview 02:19 Who Invests In Retail? 01:29 Retail Investment Benefits 02:52 The Retail Underwriting Process 02:43 The Steps In A Retail Acquisition 03:55 Retail Property Types 4 lectures • 7min Introduction To Retail Property Types 00:39 NNN Single-Tenant Properties 01:39 Strip Centers & Neighborhood Shopping Centers 01:52 Power Centers, Regional Malls, & Factory Outlets 03:05 The Retail Site Plan 5 lectures • 9min The Retail Site Plan 01:08 Suites, Ingress & Egress, & Easements 02:20 Anchor Tenants & In-Line Tenants 01:36 Retail Pads 01:08 GLA vs. NRA 02:56 Key Retail Investment Metrics 11 lectures • 34min Retail Cap Rates 03:34 Retail Cap Rates Excel Exercise & Solution 03:04 Retail Cash-on-Cash Returns 02:33 Cash-on-Cash Returns Exercise & Solution 03:34 Internal Rate of Return (IRR) 02:54 Retail IRR Exercise & Solution 04:35 Retail Equity Multiple & Exercise 01:54 Retail Equity Multiple Solution 02:07 Retail Loan Metrics & Excel Exercise 03:43 LTV & LTC Solution 02:26 DSCR & Debt Yield Solution 03:37 Retail Investment Analysis 8 lectures • 31min Retail Risks 04:11 Retail Opportunities 03:59 Retail Acquisition Analysis Overview 04:00 Retail Transaction Analysis 03:19 Asset Management & Leasing Analysis 02:52 Risk Profile & Return Requirements 02:08 Retail Capital Risk Buckets 06:20 Retail Market Analysis 03:42 Retail Revenue Drivers 13 lectures • 38min In-Place Rent & Tenant Profiles 03:46 Pro Rata Share & Base Rent Sensitivity Excel Exercise 04:40 Rent Escalation Schedules & Excel Exercise 04:57 Retail CAM Reimbursement Structures 01:38 NNN, FSG, & MG & Excel Exercise 02:40 NNN, FSG, & MG Solution 02:58 Base Year Stop & Excel Exercise 01:44 Base Year Stop Excel Exercise 03:05 Re-Leasing Assumptions 02:53 Percentage Rent & Excel Exercise 02:37 Percentage Rent Solution 03:12 General Vacancy & Credit Loss 01:26 Other Lease Terms 02:49 Retail Expense Drivers 4 lectures • 8min Property Taxes 03:17 Insurance 01:34 CAM Expenses 01:00 Property Management Fees 01:41 Retail Capital Expense Drivers 6 lectures • 16min Capital Expense Reserve 02:06 Leasing Commissions & Excel Exercise 03:37 Leasing Commissions Solution 01:36 TI Allowance & Excel Exercise 01:40 TI Allowance Solution 02:09 Retail Mini-Model Walkthrough 04:56 Retail Debt & Equity Financing 6 lectures • 20min The Retail Capital Stack 02:26 Retail Cost of Capital 01:55 JV Fee Structures 02:24 The Waterfall & Promote Framework 02:56 Modeling GP Fee Structures 04:01 Modeling Retail Waterfall Structures 06:37 4 more sections Instructor Justin Kivel Real Estate Investing & Financial Modeling 4.7 Instructor Rating 16,230 Reviews 43,080 Students 19 Courses Master real estate financial modeling, advance your career, and earn more money. If you’re an aspiring real estate investment professional looking to break into the real estate investment field, or a current real estate professional looking to advance your career and increase your compensation, you’re in the right place. My name is Justin Kivel, and I’m a real estate investment professional with a love for teaching. Throughout my career, I’ve worked on over $1.5 billion of closed acquisitions across multifamily, retail, office, and mixed-use properties. I’ve had the opportunity to work with some of the brightest minds in real estate investing and have spent almost a decade in the industry across private equity, finance, and brokerage roles. Unfortunately, most of what I know today I had to learn on the job. Although great courses exist on Microsoft Excel and financial modeling, I couldn’t find a resource that was specifically tailored toward real estate investment professionals that would actually walk me through exactly what I needed to know to succeed in the real estate investment industry. These courses are that resource. After dozens of phone calls and coffee meetings with college students and aspiring real estate investment professionals, I realized that most people were asking exactly what I was asking when I was in their shoes. “What skills do I actually need to know to break into the real estate investment industry, or advance in my current real estate investment career?” These courses were created to teach you those skills. Our students have gone on to land jobs at some of the top real estate investment, development, and brokerage firms across the globe, including Brookfield Asset Management, Hines, Starwood Capital Group, LaSalle Investment Management, Eastdil Secured, JLL, CBRE, and many more. Over 40,000 current and aspiring real estate investment professionals have used these courses to help them ace real estate financial modeling interview exams to land their dream jobs, secure consulting gigs with top private equity firms, build (and rebuild) entire financial models from scratch, and confidently analyze their own potential real estate investments. So whatever that next step in your real estate investment career looks like, these courses are here to help you get there as quickly and efficiently as possible. Looking forward to seeing you in class! Show more Show less Udemy Business Teach on Udemy Get the app About us Contact us Careers Blog Help and Support Affiliate Impressum Kontakt Terms Privacy policy Cookie settings Sitemap © 2021 Udemy, Inc. window.handleCSSToggleButtonClick = function (event) { var target = event.currentTarget; var cssToggleId = target && target.dataset && target.dataset.cssToggleId; var input = cssToggleId && document.getElementById(cssToggleId); if (input) { if (input.dataset.type === 'checkbox') { input.dataset.checked = input.dataset.checked ? '' : 'checked'; } else { input.dataset.checked = input.dataset.allowToggle && input.dataset.checked ? 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  2. An institutional-quality retail underwriting model to use when analyzing new acquisition opportunities Requirements Access to Microsoft Excel software for Mac or PC. Description Interested in learning how to analyze retail real estate investments? This course was designed to take you from zero to hero in retail real estate investing, After taking this course, you will be able to confidently analyze a retail real estate deal, whether you're looking to buy a property on your own, invest with partners, or land a job with a top retail real estate private equity firm. This curriculum was specifically designed with the following people in mind: Aspiring commercial real estate investors who want to buy bigger properties with less headache - Retail properties are generally larger and often entail fewer headaches than a single-family home investment, a fourplex, or even a small apartment building. The longer lease terms and business-oriented tenant base allows investors to take a more hands-off approach to retail than traditional real estate investments, especially for triple-net single tenant properties. Students or career switchers who want to land a job in retail real estate private equity - According to CEL & Associates , the 2020 median total compensation for a retail acquisitions associate was $137K per year . This course will teach you the fundamental retail product-specific skills and knowledge you won't be able to find anywhere else. Passive real estate investors looking at investing in retail real estate deals - Retail deals can be extremely lucrative - long-term contractual lease obligations limit downside in the case of market corrections, operating income can be far more predictable than a single-family or multifamily real estate investment, and massive returns within short periods of time are very possible with lease-ups of large portions of a property's square footage. But as a passive investor, do you really know what you're getting yourself into? Is the property you are looking at a "good" deal? This course will teach you the main things you need to look out for when investing in a retail real estate investment deal. Here's what some of our students have had to say: ★★★★★ "Excellent course that rivals master-level courses on the subject of Retail Investing. Extremely useful and practical!" ★★★★★ "Great course overall! I especially liked the resources provided, it makes it a lot easier to apply what I learned in the course." ★★★★★ "Incredible value! Just what I was looking for!" You'll also get a complete "done-for-you" retail acquisition model that you can use when looking at new potential acquisition opportunities included with your enrollment in the course. And with our 30-day money back guarantee, you can try the course out completely risk-free. See you on the inside! Who this course is for: Individual investors and real estate syndicators who want to take advantage of the shift in brick and mortar shopping invest in retail real estate properties. College students, graduate students, recent graduates, or career switchers who are looking to land a job in retail real estate investing. Show more Show less Course content 14 sections • 95 lectures • 4h 32m total length Expand all sections Introduction 6 lectures • 10min What We Will Cover - Part 1 Preview 01:54 What We Will Cover - Part 2 Preview 02:51 Who This Course Is For Preview 02:33 About The Instructor & This Course Preview 01:42 DOWNLOAD ME FIRST! 00:09 Disclaimer 01:18 Retail Overview 5 lectures • 13min What Is A Retail Property Preview 02:19 Who Invests In Retail? 01:29 Retail Investment Benefits 02:52 The Retail Underwriting Process 02:43 The Steps In A Retail Acquisition 03:55 Retail Property Types 4 lectures • 7min Introduction To Retail Property Types 00:39 NNN Single-Tenant Properties 01:39 Strip Centers & Neighborhood Shopping Centers 01:52 Power Centers, Regional Malls, & Factory Outlets 03:05 The Retail Site Plan 5 lectures • 9min The Retail Site Plan 01:08 Suites, Ingress & Egress, & Easements 02:20 Anchor Tenants & In-Line Tenants 01:36 Retail Pads 01:08 GLA vs. NRA 02:56 Key Retail Investment Metrics 11 lectures • 34min Retail Cap Rates 03:34 Retail Cap Rates Excel Exercise & Solution 03:04 Retail Cash-on-Cash Returns 02:33 Cash-on-Cash Returns Exercise & Solution 03:34 Internal Rate of Return (IRR) 02:54 Retail IRR Exercise & Solution 04:35 Retail Equity Multiple & Exercise 01:54 Retail Equity Multiple Solution 02:07 Retail Loan Metrics & Excel Exercise 03:43 LTV & LTC Solution 02:26 DSCR & Debt Yield Solution 03:37 Retail Investment Analysis 8 lectures • 31min Retail Risks 04:11 Retail Opportunities 03:59 Retail Acquisition Analysis Overview 04:00 Retail Transaction Analysis 03:19 Asset Management & Leasing Analysis 02:52 Risk Profile & Return Requirements 02:08 Retail Capital Risk Buckets 06:20 Retail Market Analysis 03:42 Retail Revenue Drivers 13 lectures • 38min In-Place Rent & Tenant Profiles 03:46 Pro Rata Share & Base Rent Sensitivity Excel Exercise 04:40 Rent Escalation Schedules & Excel Exercise 04:57 Retail CAM Reimbursement Structures 01:38 NNN, FSG, & MG & Excel Exercise 02:40 NNN, FSG, & MG Solution 02:58 Base Year Stop & Excel Exercise 01:44 Base Year Stop Excel Exercise 03:05 Re-Leasing Assumptions 02:53 Percentage Rent & Excel Exercise 02:37 Percentage Rent Solution 03:12 General Vacancy & Credit Loss 01:26 Other Lease Terms 02:49 Retail Expense Drivers 4 lectures • 8min Property Taxes 03:17 Insurance 01:34 CAM Expenses 01:00 Property Management Fees 01:41 Retail Capital Expense Drivers 6 lectures • 16min Capital Expense Reserve 02:06 Leasing Commissions & Excel Exercise 03:37 Leasing Commissions Solution 01:36 TI Allowance & Excel Exercise 01:40 TI Allowance Solution 02:09 Retail Mini-Model Walkthrough 04:56 Retail Debt & Equity Financing 6 lectures • 20min The Retail Capital Stack 02:26 Retail Cost of Capital 01:55 JV Fee Structures 02:24 The Waterfall & Promote Framework 02:56 Modeling GP Fee Structures 04:01 Modeling Retail Waterfall Structures 06:37 4 more sections Instructor Justin Kivel Real Estate Investing & Financial Modeling 4.7 Instructor Rating 16,230 Reviews 43,080 Students 19 Courses Master real estate financial modeling, advance your career, and earn more money. If you’re an aspiring real estate investment professional looking to break into the real estate investment field, or a current real estate professional looking to advance your career and increase your compensation, you’re in the right place. My name is Justin Kivel, and I’m a real estate investment professional with a love for teaching. Throughout my career, I’ve worked on over $1.5 billion of closed acquisitions across multifamily, retail, office, and mixed-use properties. I’ve had the opportunity to work with some of the brightest minds in real estate investing and have spent almost a decade in the industry across private equity, finance, and brokerage roles. Unfortunately, most of what I know today I had to learn on the job. Although great courses exist on Microsoft Excel and financial modeling, I couldn’t find a resource that was specifically tailored toward real estate investment professionals that would actually walk me through exactly what I needed to know to succeed in the real estate investment industry. These courses are that resource. After dozens of phone calls and coffee meetings with college students and aspiring real estate investment professionals, I realized that most people were asking exactly what I was asking when I was in their shoes. “What skills do I actually need to know to break into the real estate investment industry, or advance in my current real estate investment career?” These courses were created to teach you those skills. Our students have gone on to land jobs at some of the top real estate investment, development, and brokerage firms across the globe, including Brookfield Asset Management, Hines, Starwood Capital Group, LaSalle Investment Management, Eastdil Secured, JLL, CBRE, and many more. Over 40,000 current and aspiring real estate investment professionals have used these courses to help them ace real estate financial modeling interview exams to land their dream jobs, secure consulting gigs with top private equity firms, build (and rebuild) entire financial models from scratch, and confidently analyze their own potential real estate investments. So whatever that next step in your real estate investment career looks like, these courses are here to help you get there as quickly and efficiently as possible. Looking forward to seeing you in class! Show more Show less Udemy Business Teach on Udemy Get the app About us Contact us Careers Blog Help and Support Affiliate Impressum Kontakt Terms Privacy policy Cookie settings Sitemap © 2021 Udemy, Inc. window.handleCSSToggleButtonClick = function (event) { var target = event.currentTarget; var cssToggleId = target && target.dataset && target.dataset.cssToggleId; var input = cssToggleId && document.getElementById(cssToggleId); if (input) { if (input.dataset.type === 'checkbox') { input.dataset.checked = input.dataset.checked ? '' : 'checked'; } else { input.dataset.checked = input.dataset.allowToggle && input.dataset.checked ? 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