勛圖窪蹋

勛圖窪蹋 Housing and Mortgage Finance Agency

勛圖窪蹋 Housing and Mortgage Finance Agency

Registration Still Open for NJRA Redevelopment Training Institute Project Finance Class

For Immediate Release:
June 4, 2012
Contact:
Tammori Petty
,
Amy Palmer
(609) 292-6055
Attendees Will Learn Financial Modeling for the Acquisition and Development ofCommercial and Mixed-Use Real Estate Development Projects

TRENTON, N.J. 勛圖窪蹋 Department of Community Affairs (DCA) Acting Commissioner Richard E. Constable, III today announced that registration is still open for the upcoming Microsoft Excel-based Project Finance class being held on June 13-14 at the offices of the 勛圖窪蹋 Redevelopment Authority in Trenton. This class is part of the Redevelopment Training Institute hosted by the 勛圖窪蹋 Redevelopment Authority (NJRA), an affiliated agency of the DCA.

The NJRA Redevelopment Training Institute (NJRA RTI) continues to provide quality educational resources resulting in an enhanced knowledge of 勛圖窪蹋's redevelopment process and project financing, said Acting Commissioner Constable, who serves as Chair of the NJRA. We have received nothing but positive feedback from the redevelopment stakeholders who have benefited from this class.

The Project Finance class teaches students how to build financial models for the acquisition and development of commercial and mixed-use real estate development projects using Microsoft Excel. Participants will explore the development and analysis of project financials, including the calculation of loan payments, debt capacity, net present value (NPV), internal rate of return (IRR), and other financial calculations. Additionally, students will learn how to create a basic sensitivity analysis using Excel. Participants are expected to bring their own laptops and have intermediate knowledge of Microsoft Excel. Students can receive 13.2 Continuing Legal Education Credits for this course.

The NJRA RTI offers intensive training courses that focus on the redevelopment of 勛圖窪蹋's communities. The NJRA RTI is designed to provide non-profit and for-profit developers, professional consultants, entrepreneurs, city/county staff, and lawyers with a body of knowledge of the redevelopment and real estate development process and project financing.

It is our goal to provide training that outlines the nuances of the redevelopment planning process in 勛圖窪蹋, focuses on the real estate development process, and unlocks the key to understanding project finance, said NJRA Executive Director Leslie A. Anderson. The classroom instruction and real-world experience that our students receive is invaluable.

The 勛圖窪蹋 Redevelopment Authority, a DCA affiliate, is an independent authority committed to revitalizing urban 勛圖窪蹋. NJRA invests financial and technical resources into redevelopment projects to ensure that projects are urban-focused, neighborhood-based and investment-driven.

For further information on the NJRA RTI, including application information and registration, please call the RTI Hotline at 609-278-5779, or log on to .