September 10- 13 at NVAR Fairfax
9 AM - 5 PM
CI 101 is a bedrock class for real estate practitioners at a time when risk mitigation, pricing, and cycle assurance have become critical to investors. CI 101 introduces the CCIM Cash Flow Model, a tool for ensuring your investment decisions are based on wise finance fundamentals. During the course, you will learn how to use key financial concepts such as Internal Rate of Return (IRR), Net Present Value (NPV), Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital to compare different types of commercial real estate investments.
This course will teach you how to:
- make informed investment decisions using the CCIM Cash Flow Model;
- measure the impact of federal taxation and financial leverage on the cash flow from the acquisition, ownership, and disposition phases of real estate investment; and
- use real estate analysis tools to quantify investment return.
Instructor
Byron Smith, CCIM
Metropolitan Realty Group, Inc.
Byron Smith, Sr., CCIM, Esq., is President at Metropolitan Realty Group, Inc. in Vienna, VA. He has over 43 years of commercial real estate experience and has been a real estate investor, attorney and real estate broker in the Washington, D.C. and Northern Virginia real estate markets. He has served as an attorney for the U.S. Department of Housing and Urban Development as well as a real estate attorney for the law firm of Melrod, Redman & Gartlan in Washington D.C
Smith has been an instructor at The CCIM Institute since 1994 and has also educated commercial practitioners throughout the world including China, Russia, Japan, Taiwan, Germany, the U.K., Canada and Poland.
He has been highly involved at The CCIM Institute and has served as a member of the Board of Directors, a member of the Board of Directors of The CCIM Institute Education Foundation, and chair of the Faculty Committee. Most notably Smith founded The CCIM Institute's Cultural Diversity Education Program (CDEP) in 2002. The purpose of the program is to develop a critical mass of minority CCIM Designees who can positively impact their respective communities and the commercial real estate industry in general.
Smith earned his Bachelor of Arts degree in political science and economics from The George Washington University and his Juris Doctorate degree in corporations, real property, and federal taxation from The Rutgers University School of Law.