WEBINAR DETAILS:

 BLUFF YOUR WAY THROUGH SPEAKING REAL ESTATE with Donovan Rypkema

Whether you are trying to attract investment to your downtown or commercial district, or you are considering more direct action in real estate development, one thing is clear – you have to understand the numbers. Too often, people are intimidated during discussions regarding development and the columns of numbers they are expected to understand. But, in fact, it doesn’t need to be that complicated. What is most important is to get a basic understanding of the language of “pro forma analysis” and a sense of the relationship among the numbers. This webinar will cover the basics of pro forma. You will leave understanding the difference between Gross Scheduled Income and Net Operating Income. You will be able to use a Debt Service Constant and grasp the concept of Debt Coverage Ratio. This won’t give you an MBA in real estate, but it should give you the confidence to at least talk to the bankers, property owners, and developers about the district development project you’d like to see happen.

ABOUT OUR PRESENTER:

Donovan Rypkema, PlaceEconomics

Donovan D. Rypkema is principal of PlaceEconomics, a Washington, D.C.-based real estate and economic development-consulting firm. The work of the firm is at the nexus of historic preservation and economics. He has undertaken assignments for public and non-profit sector clients in 49 US states. He also teaches a course on the economics of historic preservation at the University of Pennsylvania where he received the 2008 G. Holmes Perkins Award for Distinguished Teaching.

Rypkema was educated at Columbia University receiving a Master of Science degree in Historic Preservation. He is author of several publications including Community Initiated Development, The Economics of Rehabilitation, and the Feasibility Assessment Manual for Reusing Historic Buildings. Rypkema’s book, The Economics of Historic Preservation: A Community Leader’s Guide is widely used by preservationists nationwide and has been translated in to Russian and Korean.

Rypkema has worked with such groups as the Urban Land Institute, the Mayors’ Institute on City Design, the American Planning Association, Smart Growth America, the National Trust for Historic Preservation and the International Downtown Association. Federal Government clients have included the U.S. Army, the Department of State, the Department of Housing and Urban Development, the Department of Interior, and the Advisory Council for Historic Preservation for whom he prepared a report entitled Measuring Economic Impacts of Historic Preservation.

In the fall of 2012 Rypkema received the Louise du Pont Crowninshield Award from the National Trust for Historic Preservation. The Crowninshield Award is the nation’s highest preservation honor and awarded for lifetime contribution to historic preservation in the United States.