Lending to Complex Structures

Real estate leases are extremely important to understand, as the lease payments may become the primary source of repayment for any financing you may extend to the borrower. This course explores the contents and key components of a typical lease. We will discuss different lease types and the key risk considerations. Then, we will learn to calculate lease rates and analyze the terms and conditions. We will also consider estoppel certificates. Finally, we will explore how to read and evaluate a rent roll.