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Welcome. If you are a returning student or member of the Appraisal Institute, please log in.  Select an Offering  |  View Cart  |  Forgot Password?  |  Create Login       Office Building Valuation: A Contemporary Perspective     Date: May 14, 2010   Location: Indianapolis, IN     Seminar     Category   Electives [E]   Level   Intermediate   Attendance Hours   7.0   Current Price   $ 155.00 Member $ 175.00 Regular     Instructor     Kerry M. Jorgensen, MAI            Location     Name   Indianapolis, IN   Address   9247 North Meridian Street       Classroom I (first floor - north end)   City   Indianapolis   State   IN   Zip   46260     Click Here to check state approvals          Sponsor / Contact     Chapter   Hoosier State Website   www.aihsc.org   Contact Name   Shannon O'Keefe   Email   AIHoosierState@sbcglobal.net   Phone   (317) 815-1340   Fax   (317) 815-1341       Description     In this one-day seminar you will learn about the unique terminology, concepts, principles, and analytical techniques related to the proper valuation of office buildings. Special emphasis is given to the income approach and the complexities of valuing multi-tenant properties. The seminar begins with a review of the attributes of different types of office buildings, important inspection issues, and industry measurement criteria. This is followed by an in-depth examination of the income approach by investigating alternative lease types, proper methods for forecasting office rents, vacancies, and operating expenses, as well as proper techniques for selecting capitalization rates and discount rates. Examining an actual case study reinforces these concepts. The seminar concludes by examining important issues in the sales comparison and cost approaches to office valuation.     Equipment     An HP-19BII, HP-17BII, HP-12C, or equivalent calculator     For Further Reading     •   BOMA Experience Exchange Report: Commercial Real Estate’s Benchmark for Income and Expense Data   •   BOMA Standard Method For Measuring Floor Area in Office Buildings       Disclaimer     Cancellation Policy Up To 15 days prior to program start date, refund in full. 10 - 14 days prior to program start date, $100.00 cancellation fee. Less than 10 days prior to program start date, forfeit of payment.   Transfer Policy Up To 15 days prior to program start date, $25.00 transfer fee. 10 - 14 days prior to program start date, $50.00 transfer fee. Less than 10 days prior to program start date, no transfer allowed.     Program materials will be picked up at the site.     Additional Information     CLASS LOCATION: 9247 N. Meridian Street, Indianapolis, IN 46260. Classroom is on the first floor north end of building. Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit. **If needed, sleeping rooms are available at a discounted rate. To take advantage of special rates that The Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking the following accommodations. The Comfort Inn and Suites located at 9090 Wesleyan Road, Indianapolis, IN 46268 (317-875-7676) offers a room and deluxe continental breakfast for $59.95. Homewood Suites located at 2501 E. 86th Street, Indianapolis, IN 46240 (317-253-1919) offers a room, complimentary hot breakfast, dinner/cocktails (M-Thurs.), and shuttle to classroom for $99.00.

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