Most commercial real estate deals succeed or break down around a simple concept: Does the ownership have what it takes to make it happen? The dilemma, then, that most investors contemplate is whether to be the sole investor and own all risks and profits or to partner with someone in a joint venture.

In this course, you will discover how to analyze these options for a variety of investment scenarios, balancing the right incentives for each partner to perform at their best while avoiding conflicts of interest. You will examine examples of incentives, including profit-sharing rules, assessing the options when it comes to profit distribution and the variables involved, such as the timing and proportions of this disbursement.

You will then gain experience applying the most common profit-sharing rules at the joint-venture level by building an equity waterfall from the ground up that includes four layers of distribution. By the end of this course, you will have more context and experience with joint ventures and the variables behind successful deals in the marketplace.

You are required to have completed the following courses or have equivalent experience before taking this course:

  • Discounted Cash Flows in Real Estate
  • Unlevered Real Estate Acquisitions
  • Real Estate Debt Financing and Scenario Analysis
  • Real Estate Development Financing
 

How It Works

Course Length
3 weeks
Effort
4 to 5 hours of study per week
Format
100% online, instructor-led
  • Acquisition and asset managers
  • Financial analysts
  • Real estate investors
  • Real estate development professionals
  • Individuals looking to invest in commercial real estate
  • MBA students
  • City and regional planning professionals
Get It Done 100% Online
Our programs are expressly designed to fit the lives of busy professionals like you.
Learn From cornell's Top Minds
Courses are personally developed by faculty experts to help you gain today's most in-demand skills.
Power Your career
Cornell's internationally recognized standard of excellence can set you apart.

Request Information Now by completing the form below.

Act today—courses are filling fast.

By providing your contact information, you consent to receive communications from Cornell University, including with the use of automated technology.  You can opt out at any time.  By selecting the text box, you consent to Cornell texting you.  You confirm this phone number belongs to you.  Message and data rates may apply.  You can reply STOP to opt out of texts at any time. Full Terms | Privacy Policy