The REAP Academy
The REAP Academy is a hybrid model with seven weeks of virtual and three weeks of in-person engagement across current REAP markets. The program will continue to offer a virtual-only option.
Core Topics
Financial Analysis
A two-class platform that looks at financial models and terminology and a practical analysis of how companies are executing financial transactions. Value = NOI / Risk, preparation of operating statements, variance analysis, budgets, and valuation. Also introduction to Time Value of Money…Net Present Value…Discounted Cash Flow…Projecting long-term performance with 10-Year pro forma…Variance Analysis…Capitalization of Income…Value = NOI / Cap Rate.
Development
From the retail real estate perspective as well as from office and multifamily. Opportunities, realistic models, financing, site selection and market analysis. Class will also show students how to develop a property and operate it to maximum efficiency.
Asset Management / Property Management
Portfolio management from the financial side as well as individual property management techniques both with an emphasis on cost containment and maximizing asset value.
Market Analysis
Assessment of what developers and tenants look for in a market including locational analysis, economic potential, determining opportunities and risk factors by market and by region.
Investment Sales / Brokerage
Representation of both seller and buyer interests to determine fair market value for the property. Determining true property values based on capitalization rates and market dynamics to properly position assets.
Leasing / Lease Analysis
Mechanics and financial models for leasing property. Negotiating strategies and what makes deals happen and not happen. In-depth analysis of lease language from both owner and tenant viewpoint and the execution of win-win deals.
The Curriculum
Instructors are generally senior practitioners in their firms and have at least 10 years of experience in management, leasing, finance, development, and related fields. Alumni, mentors, and veteran industry professionals provide a responsive ear, on a regular basis, on how to deal with the challenges of working in commercial real estate, and how to formulate and reach realistic career goals.
Eligibility Requirements
The REAP program is open to candidates from multicultural/minority backgrounds - defined as Black or African American, Hispanic or Latinx, Asian, Native American, Native Hawaiian or Pacific Islander, and Middle Eastern descent.
Eligibility Requirements:
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A Bachelor's degree from an accredited institution (or current graduating senior), or an equivalent undergraduate degree from a foreign educational institution.
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At least one (1) year of professional work experience or one (1) year of post-graduate training.
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Real Estate experience is not required.