Commercial RE Tests

Space Planning (RE) — Advanced

Advanced commercial space planning: multi-building portfolios, alternative workplace strategies, density vs experience metrics, base-building constraints on TI, measurement disputes, lab/office crossover, and aligning plans with exit and sublease marketability.

Space Planning (RE) — Intermediate

Intermediate commercial space planning: BOMA-style measurement nuances, stacking and multi-floor programs, adjacency and privacy trade-offs, landlord work letters, building loss factors, and coordinating test fits with TI budgets.

Space Planning (RE) — Beginner

Foundations of commercial space planning: usable vs rentable area, load factors, space programs, test fits, circulation, core placement, and basic workplace density for office tenants.

LOI Basics — Advanced

Advanced LOI scenarios: hard vs soft letters, merger into definitive agreements, joint-venture and portfolio LOIs, estoppel and SNDA alignment, deposit waterfalls, and dispute patterns. Commercial practice concepts; not legal advice.

LOI Basics — Intermediate

Intermediate LOI practice: binding vs non-binding clauses, exclusivity and confidentiality, earnest money timing, feasibility contingencies, counters, and aligning LOI terms with definitive documents. Commercial real estate workflow; not legal advice.

LOI Basics — Beginner

Foundations of letters of intent in commercial real estate: purpose, typical terms, non-binding vs binding clauses, tenant vs purchase LOIs, and negotiation workflow. Transaction concepts only; not legal advice.

Cap Rate Basics — Advanced

Economic versus nominal caps, below-market rent, yield on cost, implicit caps from DCF, comp distortion, sensitivity, and reconciling cap rate with total return metrics. Advanced commercial underwriting; not legal, tax, or investment advice.

Cap Rate Basics — Intermediate

Going-in and terminal caps, trailing versus forward NOI, reversion, cap compression, lease structures, and building a defensible market cap from comps. Commercial analysis; not legal, tax, or investment advice.

Cap Rate Basics — Beginner

Foundations of capitalization rates: NOI, value relationship, direct capitalization, market caps, and how investors read risk through cap rates. Commercial real estate concepts; not legal, tax, or investment advice.