SAPOA Gauteng Real Estate Finance

Date/Time
Date(s) - 17 Jul '18 - 21 Jul '18

Categories


Aims of the course:

The aim of this course is to provide participants with working knowledge of how residential and commercial real estate is financed.

Course Content:

Residential real estate finance:

  • Fixed rate mortgage loans the mechanics.
  • Alternative mortgage instruments.
  • Financing and property values.
  • South African housing policies institutions and relevant legislation.
  • The secondary mortgage market.
  • Controlling default risk, borrower qualification, mortgage underwriting.
  • Loan origination, processing and closing.

Commercial real estate finance

  • Tax shelters and real estate tax regulations.
  • Sources of funds for commercial real estate- debt and equity financing.
  • Acquisition, development and construction loans.
  • Permanent financing of commercial real estate.
  • Ownership structures for financing and holding real estate.

Learning Outcome:

At the end of the course the student should be able to:

  • Identify and explain the role of real estate institutions in financial markets.
  • Analyse the characteristics of different types of residential real estate lending.
  • Model different types of residential lending in spreadsheets.
  • Analyse the sources and characteristics of commercial real estate lending.
  • Apply local regulations to analysing the impact of taxes on the value of real estate financing.
  • Identify and explain the role of ownership structures for financing and holding real estate in the South African context.
  • Describe loan origination, processing and closing in a South African context.
  • Explain the causes of the subprime crisis and discuss the role of financial regulation in financial market stability.

Method of Assessment:

An assignment (50%) and examination (50%) is compulsory.

Number of Notional Study Hours: 200.

The University regards this as NQF Level 7.

Cost:

R16 313.40 (SAPOA members, including VAT),

R22 857.00 (SAPOA non-members, including VAT).

Register here