How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value
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 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.
Who Should Enroll
- Commercial appraisers
- Brokers and lenders who are involved in valuation of commercial real estate
AI CE Points
Attend:
35
Course Offerings
We are not currently offering this course, but please contact us for additional options and more information.
Course Objectives
- Recognize how the terms of a tenant’s lease impact value—either positively or negatively.
- Identify situations that require a valuation of a leasehold.
- Identify methodologies in valuing a leasehold, including examples and exercises.
- Recognize the impact of a leasehold in the valuation of property using all applicable approaches.
- Identify challenges facing appraisers performing leasehold valuation assignments.