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 will go over the types of capital that property managers interact with and are exposed to, as well as an introduction to terminology and the typical uses of capital in commercial real estate.
Learning objectives:
- Understand standard to terminology used when discussing capital
- Learn typical uses of capital in commercial real estate
- Review budgeting for capital expenses
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