Professional Development Institute
Strategies for Accessing Capital: Tax Credits & Other Cutting Edge Programs
March 25; July 21
Course Overview
This seminar will explore a spectrum of innovative strategies being employed to help finance real estate projects in the current challenging economic and credit climate. Participants will look at some of the tools and resources being used to raise equity and debt as well as discuss how to best position projects to optimize access to these resources.
The course begins with an overview of existing capital markets from the perspectives of national institutional lenders as well as regional and local banks, providing an understanding of the context and challenges of the current markets. The course then explores financing strategies that employ a range of tax credit enhancements, such as Historic Tax Credits, Low-Income Housing Tax Credits, Renewable Energy Tax Credits, and New Markets Tax Credits, as well as EB-5 Investment Funds.
The second half of the day’s program focuses on the New Markets Tax Credit (NMTC) program and features a case study format, allowing participants to gain a better understanding of how this tool works in the real world.
Learning Outcomes:
- Understand more fully the current real estate capital markets and the associated challenges and opportunities
-
Identify a range of practical tools and resources that are
being used to effectively raise equity and debt - Develop a deeper practical understanding of the details and
inner workings of several of these tools and resources. - Understand how Low-Income Housing Tax Credits and New Market Tax Credits, as well as EB-5 Investment Funds are being used to effectively raise equity and debt for real estate projects and associated operating and development companies
Instructor:
David Cohan is a graduate of the MIT Center for Real Estate and has worked with a variety of real estate investment companies, including Copley Real Estate Advisors and Beacon Capital Partners. Mr. Cohan is an expert on the New Markets Tax Credit program, closing tax credit deals valued at $200 million and with a total asset value of about $1 billion.
Registration & Fees:
Course Fee: $850
The program fee covers tuition, course reader, continental breakfast, and light refreshments. Registration and payment must be made at least one week prior to the course start date. Course information, including the reader, will be made available once payment is received.
Companion Courses:
Real Estate Finance Fundamentals
Loan Workout Fundamentals
Register for a Series and Save!
Finance Series:
2 courses for $2000
Real Estate Finance Fundamentals and Loan Workout Fundamentals or
Strategies for Accessing Capital
To register on-line with a credit card click here. If you would like to pay by bank check or wire transfer, please follow the instructions on the General Information page. For additional information, please contact:
Assistant Director, Professional Education
MIT Center for Real Estate
Office of Professional Education
+1 617-253-6193
mit-cre@mit.edu
