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How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value

CALL   Date: May 16, 2019   Location: Rockford, IL
 
  Seminar  
Category  General [Gen]  
Attendance Hours  7.0  
Current Price  $ 185.00 Chapter *
$ 195.00 AI Price *  
$ 215.00 Full Price *    
* includes late fee
Late Fee  $ 10.00  
 
  Instructor  
Jeffrey Alan Jacobson, MAI, SRA  
    
 
  Location  
Name  Northern Illinois Unitversity Rockford  
Rep  Stephanie Shrum  
Address  8500 E. State St.  
City  Rockford  
State  IL  
Zip  61108  
Phone  (815) 753-8763  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Northern Illinois
Website  www.nicai.org/  
Contact Name  James E. Coutts, SRA  
Address  311 Short St  
City  Beloit  
State  WI  
Zip  53511  
Email  j.coutts@couttsapr.com  
Phone  (608) 362-5166x11  
Fax  (608) 362-5205  
 
  Description  

New Seminar
Now Available!

If you’re involved in the valuation of commercial real estate, it’s crucial to know how the terms of a lease affect value. This NEW seminar goes beyond methodology to explore how to measure a property rights adjustment, the theory underlying the use of a leasehold yield rate (YLH) to value the leasehold, as well as the application of a property rights adjustment in all three approaches to value.

Topics include:
• How the terms of a tenant’s lease impact value—either positively or negatively
• Situations that require a valuation of a leasehold
• Methodologies in valuing a leasehold, including examples and exercises
• The impact of a leasehold in the valuation of property using all applicable approaches
• Challenges facing appraisers performing leasehold valuation assignments

 
  Equipment  
HP-12C calculator, or other financial calculator. Note that keystrokes will be shown using HP-12C.
 
  For Further Reading  
  The Appraisal of Real Estate, 14th ed.  
  The Dictionary of Real Estate Appraisal, 6th ed.   
 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 7 - 14 days prior to program start date, $50.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
  Transfer Policy
  • Up To 15 days prior to program start date, no transfer fee.
  • 7 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 7 days prior to program start date, no transfer allowed.
   
All cancellations must be submitted in writing. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Other Information If you have a disability and require accommodation, please notify the AI national office at least two weeks in advance and we will arrange for reasonable accommodations. We reserve the rights to cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.

Program materials can be downloaded by the student.
 
  Additional Information  
Early registration ends 03/15/2019, save by registering early. Late registration starts 05/07/2019, fees increase after this date. This new seminar is being offered at the Northern Illinois University Outreach Center at Rockford. This is a state of the art facility that is well equipped and comfortable. Check-in will be from 8:00 a.m. to 8:30 a.m. Class will run from 8:30 a.m. to 4:30 p.m. In addition to the well stocked, snack buffet, lunch will be included on site for this seminar and is included in the price of the class. The facility is easily accessible from I-90/39 and there is ample on-site FREE parking. Avoid big city traffic and high parking fees! Modern hotel accommodations are readily available within one mile along Business Route 20.

  Facility Description  

 

 
















 
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