Evaluating Medical Office Building Development Projects
The Course Will Teach You to
Using a case study, you'll be immersed in a medical office building development project from the proposal through the completed project and financials. You'll also learn:
- Why certain ownership structures work.
- How acquisition strategies affect the overall economics of the finished product.
- How building location and tenant mix play a major role in determining cost/rental structure.
- How each decision along the way impacts the overall project costs and viability.
All spreadsheets will be available for you to use in your own work after the course.
Course Description
As more health care systems aim to improve the patient experience and lower operating costs, the demand for newly constructed, high-quality medical office space will only increase. But medical office development projects come with unique considerations that can make the difference between success and failure. In this three-hour online, instructor-led course, learn the key components of medical versus general office development and how these translate into new strategies, analyses, and valuations for effective decision-making throughout the development process.
While the course is designed as an elective within the CCIM Development Specialty Track, there are no restrictions on who can attend. Students need only the desire to further their knowledge and practice of real estate development.
CE Disclaimer:
To maintain their real estate licenses in the state(s) where they operate, real estate agents and brokers need to participate in defined amounts of continuing education (CE). These requirements are set forth in state laws and are administered by state real estate commissions. The specific requirements, time frames, and due dates vary considerably across states.
Are you interested in CE credit for real estate or CPA license renewal? If you're unclear whether this course qualifies for CE in your state, please review our CE page and verify this approval with your state’s real estate commission.
For additional questions about CE credit, please email cecredit@ccim.com.
Tech Requirements
This course may require the use of a laptop or desktop computer with full Excel capabilities. Mobile devices, like iPads, tablets, and cellphones, will not run CCIM Institute's macro-enabled spreadsheets.
PC: Microsoft Office 2000 or higher is necessary to run the CCIM Institute macro-enabled spreadsheets.
Mac: Mac versions of Microsoft Office 2004, 2011, 2016, or 365 are required to run the CCIM Institute macro-enabled spreadsheets.
Browser: CCIM Institute courses are optimized for use with the Google Chrome web browser.
"It's a wonderful time to be new in commercial real estate ... and certainly organizations like The CCIM Institute can help train someone in the industry" - Jay Olshonsky, President of NAI Global