Cement was used by many civilizations
Romans were able to develop a better cement
base from volcanic ash
This cement led to a much stronger concrete
Hadrians wall ( over 2000 years old) in England
Portland Cement is name
(WITH LOGISTICS & SAFETY)
How Do You Build on Such a Small Site?
LOGISTICS FLOW CHART
CM/GC must prepare a
Indicate how the
For a 10 story office building with 30,000 s.f. floors,
1. The electrical floor load in amps and the number of
2. Total building load in amps
3. The total number of 42 circuit electrical panels.
Lights = 2 watts/s.f
Temp = 95F vs 75F
People = 100.
Solar = ?
SOLAR LOAD FROM TABLE
9 10 11 12 1
am am am am am am pm pm pm pm
People-100 X 450 = 45,000 BTU
LEANING TOWER OF PISA
PHASES FOR THE CONSTRUCTION OF THE TOWER OF PISA
SOIL CONDITIONS UNDER THE TOWER OF PISA
WHICH PART OF THE SHOE WILL SINK DEEPER INTO THE SAND?
DESIGNING THE FOUNDATION
Location of Columns
After-Tax Investment Analysis
Corporate Real Estate (Own vs Rent)
2014 OnCourse Learning. All Rights Reserved.
Going from the property before-tax cash flows (PBTCF),
to the equity after-tax cash flows (EATCF). . .
1) Property level (PBTCF
A best guess based on available
The more information you have available,
the closer you will be to the actual bid
price of the project.
WHY WITH SAME INFORMATION,
ARE BIDS DIFFERENT?
MR. EDISON AND THE LIGHT BULB
EDISONS ELECTRICAL DISTRIBUTION
List the various sources of energy
we use in the U.S.
List the advantages and
disadvantages of wood
BASICS OF WOOD
Used for centuries as basic building material
Easy to work with
Soft wood (fir and pine) use
REAL ESTATE FINANCE
A DISCUSSION ON VALUATION
Real Estate Finance
Repeat: Bond Fundamentals
Formula: FV = PV x (1+R)^n)
Reinvesting in Ten 1-Year B
Questions Chapters 1 and 2
Part 1. Multiple Choice Questions
1. Which are the two fundamental markets in commercial real estate?
(a) The space market and the asset market.
(b) The space market and the money market.
(c) The construction market and the land
Chapter 8 Lecture:
Present Value Mathematics for
Real estate deals almost
always involve cash amounts
at different points in time.
Buy a property now, sell it later.
Sign a lease now, pay rents monthly over time.
Take out a mortga
Project Black Hawk
All property and property financial information is subject to a
confidentiality agreement. All recipients are required to keep
this information strictly confidential.
Subject to a Confidentiality Agreement
The Dukes of Hazard Stupidly Good
Who here was not moved by the flowing crocodile tears in North Korea for the death Kim Jong
II? How upset were you when hearing of the S.E.C. charges against Fannies Richard Mudd and Freddies
Richard Syron, otherwise know
WORK PROBLEMS - SUPPLEMENTAL
Your office building has tenant rollover at the end of this year and the subsequent year. All leases end at
the end of year 5. Based on the assumptions below, what is the:
1. Revenue per tenant and total
2. Tenant improvements
Financing Contingencies and Your Hard Money
When Oscar Wilde wrote the words, Man can believe the impossible, but man can never
believe the improbable, he had something in mind other than the demising events of Enron and
One of the risky
SAMPLE TERM SHEET
The Company will own the Properties, with the Sponsors forming a separate
legal entity to serve as Manager of the Company (the Manager).
The Sponsors proposed Sources and Uses schedule is attached hereto as Exh
Class 9 - In-Class Work Problems
This is a "concept" exercise and does not require
the use of a calculator or computer. An Excel file
with the model supporting the answers will be
available to you after the class
You acquire an asset for $1,000
119 Unit Complex
Rental Income (2% Increase)
Covered Garage Rent
Net Corp Income