Introduction to Commercial Real Estate Loans: The Easy to Understand Basics

Introduction to Commercial Real Estate Loans: The Easy to Understand Basics

by John Crefin
Introduction to Commercial Real Estate Loans: The Easy to Understand Basics

Introduction to Commercial Real Estate Loans: The Easy to Understand Basics

by John Crefin

eBook

$34.49  $45.99 Save 25% Current price is $34.49, Original price is $45.99. You Save 25%.

Available on Compatible NOOK Devices and the free NOOK Apps.
WANT A NOOK?  Explore Now

Related collections and offers

LEND ME® See Details

Overview

This book WILL give you an understanding of Commercial Real Estate Loans. It breaks down the complexity of the industry into easy-to-understand terms and is an EASY read. As a wise man once said, if you can't explain it to a six-year-old, you don't understand it yourself. This book is packed with easy-to-understand content and IS INTENDED to be a thin book. After all, who wants to fall asleep with another textbook? What this book will do: This book will walk you through some of the basics of commercial real estate (CRE) first, and then it will dive into CRE finance. It will walk you through a typical loan structure, the primary drivers of financing, what to expect throughout the loan process, and then on to some other common loan types. It contains examples and footnotes throughout, as well as what are considered to be "Industry Standards." As an added bonus, there is also a Supplement you will find useful: a financing questionnaire (questions to ask your lender) at the end of this book. This book will provide you with a foundation and the basic knowledge of CRE finance (i.e., loans). These "basics" are the core to CRE financing. You will look back, and, one can bet, you will have retained the bulk of it. No need to spend years on it. No need to spend thousands. This book will give you the meat of CRE finance. It will give you the foundation you are looking for whether you are a real estate broker, lender, investor, business owner, student, or just plain curious. Happy reading.

Product Details

ISBN-13: 9781543938838
Publisher: BookBaby
Publication date: 07/28/2018
Sold by: Barnes & Noble
Format: eBook
Pages: 98
Sales rank: 724,563
File size: 3 MB

About the Author

John Crefin has more than 15 years of experience in the banking industry, with a specialty in commercial real estate lending. His experience has spanned hundreds of millions of dollars in loans over his career, which includes a wide degree of property types. He has authored and co-authored bank lending policy and bank loan underwriting guidelines. He has been an adjunct professor and guest lecturer at universities in the United States and Europe. As a seasoned professional, he has also been a featured speaker and panelist at the occasional CRE forecast. He holds an MBA from the University of Nevada, Reno.

Table of Contents

Preface ix

Introduction xiii

I Commercial Real Estate Overview 1

1 Property Types 3

2 Owner Occupied vs. Non-Owner Occupied 7

3 Lease Types 9

4 Occupancy vs. Vacancy … And Then There Is Spec 13

5 Tenants/Leases 15

6 Cap Rates 17

II Commercial Real Estate Loans 19

7 Loan Structure 21

8 Financing: 3 Primary Drivers 41

9 What to Expect 51

III Other Loan Types 59

10 Construction Loans 61

11 SBA Loans 67

Afterword 79

IV Index/Reference 81

Supplement - 11 Things You Should Ask the Bank (if you are looking for a CRE loan) 87

About the Author 89

From the B&N Reads Blog

Customer Reviews