Click Here To Listen Hawai‘ian Music
Commercial Real Estate
Designation:
April Lee earned her Certified Commercial Investment Member (CCIM) in 1989. It took about 5 years and $18,000+- as 4 of the classes had to be traveled to 1000’s of miles away + hotels, meals & tuition. The CCIM designation is awarded by the CCIM Institute, an affiliate of the National Association of REALTORS. CCIM candidates must complete a curriculum that includes ethics, interest-based negotiation, financial analysis, market analysis, user decision analysis, site analysis and investment analysis for commercial investment real estate. Also, candidates are required to submit a portfolio that demonstrates their commercial real estate experience and successfully complete an 8 hour examination, with a 27-41% pass ratio at the time she was tested.
April has sold retail strip centers, commercial land, multi-plex apartment buildings, 11 town homes in one sale, 52 tax-deferred exchanges (7 or her own), businesses, etc.
April will help you to compare properties financially or help you decide whether to refinance. To do financial analysis she needs the annual property operating data (APOD). Click here to download the form.
She will be glad to provide you an internal rate of return calculation (IRR), financial management rate of return (FMRR) or a capitalization rate calculation, (cap rate). She’ll also need to know how long you intend to own the property, what do you think you could generate in interest for the initial investment (down payment) if you did not put it into this property, but invested it elsewhere (the reinvestment rate), what rate do you expect expenses to increase, etc.? She can guide you to historical data…the decision as to how conservative to be, is your decision…the answer needs to be based on assumptions that you are comfortable with. That’s why there are some assumptions used in these calculations that must be provided by you, the client. For a refinance analysis; she will need your current loan details & how much would you borrow if you refinanced (since some folks want to refinance to pull cash out of the property) & your property’s current value.
If you’d like to email me a question, please use this form:
April Lee earned her Certified Commercial Investment Member (CCIM) in 1989. It took about 5 years and $18,000+- as 4 of the classes had to be traveled to 1000’s of miles away + hotels, meals & tuition. The CCIM designation is awarded by the CCIM Institute, an affiliate of the National Association of REALTORS. CCIM candidates must complete a curriculum that includes ethics, interest-based negotiation, financial analysis, market analysis, user decision analysis, site analysis and investment analysis for commercial investment real estate. Also, candidates are required to submit a portfolio that demonstrates their commercial real estate experience and successfully complete an 8 hour examination, with a 27-41% pass ratio at the time she was tested.
April has sold retail strip centers, commercial land, multi-plex apartment buildings, 11 town homes in one sale, 52 tax-deferred exchanges (7 or her own), businesses, etc.
April will help you to compare properties financially or help you decide whether to refinance. To do financial analysis she needs the annual property operating data (APOD). Click here to download the form.
She will be glad to provide you an internal rate of return calculation (IRR), financial management rate of return (FMRR) or a capitalization rate calculation, (cap rate). She’ll also need to know how long you intend to own the property, what do you think you could generate in interest for the initial investment (down payment) if you did not put it into this property, but invested it elsewhere (the reinvestment rate), what rate do you expect expenses to increase, etc.? She can guide you to historical data…the decision as to how conservative to be, is your decision…the answer needs to be based on assumptions that you are comfortable with. That’s why there are some assumptions used in these calculations that must be provided by you, the client. For a refinance analysis; she will need your current loan details & how much would you borrow if you refinanced (since some folks want to refinance to pull cash out of the property) & your property’s current value.
If you’d like to email me a question, please use this form:
|
|
|
