Course Description
Capital is money or property that can be used to create more wealth through investing. It consists of the total assets of a business, including cash on hand. Capital is also any form of wealth used, or ready for use, in creating more wealth. Sometimes the line between a capital expense and an operating expense can be blurry.
This course goes over the types of capital that property managers interact with and are exposed to, as well as terminology and typical uses of capital in commercial real estate.
Learning objectives:
- Review basic terminology realted to capital
- Understand typical uses of capital in commercial real estate
- Learn how to budget for capital expenses
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