Our Range of Learning Paths is built to help meet your goals.

Certificates

Comprehensive expertise in a subject area for professional transformation and workplace impact
  • 2 to 6 months
  • $2,000 to $10,000
  • Online

Courses

In-depth exploration of a topic within a short amount of time, delivering powerful insights and practical skills
  • 2 to 4 weeks
  • $299 to $1,199
  • Online

Workshops

Rapid development of specific, actionable skills and strategies to be immediately applied at work
  • 3 hours
  • $449
  • Online
Select a Real Estate Program that fits your needs
Explore and compare flexible learning opportunities from across Cornell’s portfolio of world-class Real Estate programs.
Certificates(10)
Courses(13)
Workshops(2)
Showing 10 of 10
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Exploring Foundations of Sustainable Commercial Real Estate Development

Course
2 weeks
Online
Sustainable commercial real estate development now demands a holistic approach that balances environmental, social, and economic priorities. In this foundational course, you will dive into the core principles that define sustainability in the built environment, examining how these pillars intersect at every stage of the development life cycle. By assessing real-world municipal initiatives and stakeholder dynamics, you will gain practical strategies to mitigate the risk of stranded assets and drive long-term value. Through hands-on case studies, you'll develop frameworks to engage key stakeholders and keep sustainability central to your decision making. Ultimately, you will learn how to evaluate development opportunities through a critical, sustainability-focused lens, thus setting a firm foundation for deeper exploration.
$999

Introduction to Commercial Real Estate Development

Course
2 weeks
Online
Successful commercial real estate developers are master coordinators, working with multiple counterparts every step of the way to create and maximize value through real estate projects. To do this, they use a thoughtful, organized process—regardless of project size. This course offers a deep dive into the crucial early stages of that process. Using analytical tools and case studies, you will learn how to align your development vision—and subsequent decisions—with industry cycles, municipal objectives and regulations, market and site characteristics, and projected financial feasibility.
$999

Real Estate Investment Decisions

Course
2 weeks
Online
Real estate investment has a long history, going back well before the advent of the stock market. But unlike investing in stocks, real estate usually requires the use of leverage: a property is acquired with a percentage of equity, the rest financed with debt. To make that risk pay off, investors must have a clear strategy, know whether investments will be profitable, and understand how best to raise capital. In this course, Jan A. deRoos, professor at the Cornell SC Johnson College of Business, uses real-world examples and practical tools to teach these critical components of profitable real estate investment.
$999

Leading Successful Property Management Operations

Course
2 weeks
Online
Investing in proper management of a real estate asset is investing in future profitability. Excellent maintenance and tenant management can increase property values by lowering operational costs, increasing cash flow, and generating higher rents and occupancies. In this course, you will learn leadership traits and strategies for effective facilities management, best practices in critical areas like waste removal and reducing environmental impact, and how to manage overlapping maintenance activities and make outsourcing decisions. If leasing building space is critical to your operation, this course also will prepare you to analyze your property and the market to make sound leasing decisions.
$999

Discounted Cash Flows in Real Estate

Course
3 weeks
Online
In this course, you will gain an overview of real estate financial modeling, focusing on properties with multi-year leases. Using the models and frameworks established as today's industry standards in real estate, you will explore deriving basic valuations and performance calculations. You'll discover how a discounted cash flow model can be used to deliver sound real estate investment and financial decision-making through hands-on practical exercises. As part of this process, this course will introduce the various Excel functions required to develop dynamic models to assist decision-makers. To be successful, these tools must be simple to use and interpret, must offer realistic outcomes to complex hypothetical real estate situations, and must be capable of handling a wide range of scenarios. High-stakes decision-making requires a comprehensive understanding of the options and their associated risk. Therefore, the first step is to adopt best practices then apply the essential building blocks in Excel that will be covered in this course, creating a foundation for your future work in this area. In this course, the professor uses Microsoft Excel for Windows for all videos and exercises which is different from Microsoft Excel for iOS. If you are a Mac user, we strongly encourage you to download Parallels or an equivalent virtual machine that is compatible with Microsoft Excel in the Windows environment.
$1,199

Unlevered Real Estate Acquisitions

Course
3 weeks
Online
In the competitive world of commercial real estate and asset management, creating reliable tools like acquisition models will allow you to make confident predictions, even in the face of common risks such as building vacancy. In this hands-on course, you will analyze the procedure for building a structural model from the ground up. This course will start with forecasting rental income and its main challenge, vacancy, for an office building. Forecasting future operating income requires looking lease by lease through each source of operational revenue and expense. Some items, such as expense recoveries, are recurring; others, like tenant improvements and leasing commissions, are exceptional. From here, an estimation of value and performance will require an assessment of the risks to which the investment will be exposed. Aggregating this forecast of unlevered income after making the proper adjustments for risk is the foundation for all future acquisition models. By the end of this course, you will be poised for success as you apply the concepts from this course in your role and beyond. In this course, the professor uses Microsoft Excel for Windows for all videos and exercises which is different from Microsoft Excel for iOS. If you are a Mac user, we strongly encourage you to download Parallels or an equivalent virtual machine that is compatible with Microsoft Excel in the Windows environment. You are required to have completed the following course or have equivalent experience before taking this course: Discounted Cash Flows in Real Estate OR Familiarity with the Microsoft Excel environment and the structure of a basic discounted cash flow model The ability to apply conditional functions in Excel (IF statements and LOOKUP, TRUE/FALSE, INDEX/MATCH, OFFSET, and MIN/MAX functions) to produce the desired outcome
$1,199

Real Estate Debt Financing and Scenario Analysis

Course
3 weeks
Online
While all commercial real estate transactions first require understanding the merits of a particular location and property, investors also pay close attention to the capital stack and the equity at risk. In fact, few deals are done with equity capital only. Using external financing to close on certain transactions is often motivated by risk-adjusted target performances. When done carefully, investors can take advantage of the cheaper cost of capital to potentially magnify their returns positively. In this course, you will expand on the basic underwriting model for property acquisition to incorporate financial leverage and scenario analysis. The first step is to take a precise look at how the most common types of mortgages work, noting that financing and capital structure decisions are far more complex than just building amortization tables. They include crucial details that can lead to a deal's success or failure and have important ramifications down the road. To apply your learnings on the optimal balance in your deal structure, you will model a variety of scenarios across many loan types while keeping the element of uncertainty in the forefront. You will acquire a what-if mindset through this process, helping you identify the optimal capital structure given the deal you are contemplating. With this tool combining your forecasting intelligence with a strategic choice, you will be set up to expand your knowledge in new ways and grow in your role and beyond. In this course, the professor uses Microsoft Excel for Windows for all videos and exercises which is different from Microsoft Excel for iOS. If you are a Mac user, we strongly encourage you to download Parallels or an equivalent virtual machine that is compatible with Microsoft Excel in the Windows environment. You are required to have completed the following courses or have equivalent experience before taking this course: Discounted Cash Flows in Real Estate Unlevered Real Estate Acquisitions
$1,199

Real Estate Development Financing

Course
3 weeks
Online
With population growth and a finite amount of space on this planet comes a natural expansion of the land we use for human activity, and real estate development is the immediate consequence of this ever-growing human footprint. Most of the time, real estate development is a business in and of itself, with each development decision requiring meticulous economic analysis. In this course, you will start by assessing the real estate process as a whole, which will inform your understanding of why properties are located where they are. You will then examine the financing process that facilitates real estate development. To apply your knowledge, you will build a model from the ground up that includes the sequence of various equity and construction loan draws, including how to reallocate the proceeds. The course concludes with an evaluation of the optimal use of a vacant lot in New York City. You will apply what you have studied throughout this course to make a recommendation with respect to the appropriate land value and its best use given the financing structure in place, providing you with experience and best practices to apply to your role. In this course, the professor uses Microsoft Excel for Windows for all videos and exercises which is different from Microsoft Excel for iOS. If you are a Mac user, we strongly encourage you to download Parallels or an equivalent virtual machine that is compatible with Microsoft Excel in the Windows environment. You are required to have completed the following courses or have equivalent experience before taking this course: Discounted Cash Flows in Real Estate Unlevered Real Estate Acquisitions Real Estate Debt Financing and Scenario Analysis
$1,199

Equity Waterfalls in Joint Ventures

Course
3 weeks
Online
Most commercial real estate deals succeed or break down around a simple concept: Does the ownership have what it takes to make it happen? The dilemma, then, that most investors contemplate is whether to be the sole investor and own all risks and profits or to partner with someone in a joint venture. In this course, you will discover how to analyze these options for a variety of investment scenarios, balancing the right incentives for each partner to perform at their best while avoiding conflicts of interest. You will examine examples of incentives, including profit-sharing rules, assessing the options when it comes to profit distribution and the variables involved, such as the timing and proportions of this disbursement. You will then gain experience applying the most common profit-sharing rules at the joint-venture level by building an equity waterfall from the ground up that includes four layers of distribution. By the end of this course, you will have more context and experience with joint ventures and the variables behind successful deals in the marketplace. In this course, the professor uses Microsoft Excel for Windows for all videos and exercises which is different from Microsoft Excel for iOS. If you are a Mac user, we strongly encourage you to download Parallels or an equivalent virtual machine that is compatible with Microsoft Excel in the Windows environment. You are required to have completed the following courses or have equivalent experience before taking this course: Discounted Cash Flows in Real Estate Unlevered Real Estate Acquisitions Real Estate Debt Financing and Scenario Analysis Real Estate Development Financing
$1,199

Real Estate Acquisitions Integrating ARGUS and Excel

Course
3 weeks
Online
In this course, you will apply real estate financial modeling skills to a real-world example, offering the advantages of immersive decision-making but also assessment of that decision based on the outcome of a real example. You will examine an opportunity to invest in a Class B building located within the New York City submarket of Hell's Kitchen on the west side of Manhattan. You will walk through the process of carefully underwriting the deal and, ultimately, deciding whether or not to invest. In the process of this example transaction, you will gain experience using the industry's commonly adopted approach: utilizing widely used modeling tools including Microsoft Excel and ARGUS, which is used to model office, retail, and industrial operating cash flows. By adjusting crucial variables, you will discover new insights in the process of creating a dynamic model using these industry best practices. Finally, you will delve into the step-by-step market analysis behind each one of the tenant scenarios to inform a final recommendation. By experiencing the whole project process, you will be equipped to apply these skills to your projects across the industry. In this course, the professor uses Microsoft Excel for Windows for all videos and exercises which is different from Microsoft Excel for iOS. If you are a Mac user, we strongly encourage you to download Parallels or an equivalent virtual machine that is compatible with Microsoft Excel in the Windows environment. You are required to have completed the following courses or have equivalent experience before taking this course: Discounted Cash Flows in Real Estate Unlevered Real Estate Acquisitions Real Estate Debt Financing and Scenario Analysis Real Estate Development Financing Equity Waterfalls in Joint Ventures
$1,199

Feasibility and Market Analysis

Course
2 weeks
Online
Is the value of your proposed property greater than its cost? Can you confidently forecast revenues for both new and existing properties? The ability to produce accurate estimates of rents, occupancy, and absorption is essential in making real estate investment and financing decisions. In this course, you will explore the process of accurately forecasting real estate occupancy for properties facing significant new competition. You will forecast revenues and expenses using contemporary techniques, including real estate cash flows and benchmarking analysis. Given that forecasts are only as accurate as starting assumptions, you will also investigate how to use data to support your forecasts. By the end of this course, you will have the strong foundation needed to create a successful and rigorous feasibility study and to use your skills to produce accurate, supportable forecasts. You are required to have completed the following courses or have equivalent experience before taking this course: Real Estate Investment Decisions Financing Real Estate Investments
$999

Real Estate Interests and Entities

Course
2 weeks
Online
In real estate, a few simple words in a contract or on a deed can have a huge downstream effect. Before you decide to purchase real estate, it is therefore important to consider key issues around ownership, incorporation, and co-ownership agreements. In this course, you will explore and apply key concepts that will help you successfully navigate the real estate landscape from both personal and professional perspectives. You will begin by examining how to identify and assess real estate ownership relationships, rights, and issues. You will then consider how incorporation and other important legal protections can safeguard your financial and ownership interests as well as those of your partners and heirs. Having a working knowledge of the key issues involved with owning and investing in real estate will help you assess the pros and cons of real estate ownership and help prepare you for your real estate journey. Note: The information in this course focuses on U.S. real estate law; it is intended for educational purposes and to assist you to interact effectively with your own legal counsel. The information presented may not work for your specific situation. It is not legal advice, and taking this course does not place you in an attorney-client relationship. Always consult your attorney for guidance on legal issues.
$999

Legal Principles of Commercial Leasing

Course
2 weeks
Online
Whether you are a tenant or a landlord, understanding and navigating commercial lease agreements is critically important. Language matters: Ambiguous terms, complicated conditions, and standard boilerplate can be the difference between successful lease agreements and long, costly disputes. In this course, you will examine and identify the elements of commercial leases. You will then analyze common lease language and explore the tension points, critical terms, and features of a commercial lease. Throughout, you will evaluate lease provisions and make suggestions to clarify and improve lease language. After taking this course, you will be better prepared to assess and negotiate favorable lease terms.
$999

Grow Your Real Estate Expertise

Cornell University’s selection of Real Estate programs, including 5+ certificates, combines real estate expertise with practical market application through expert-led instruction and small cohorts. Participants explore investment strategy, finance, and development through applied learning experiences, collaborative projects, and guidance from established real estate industry experts.

Explore Program Details
Program TypeEducational GoalCourse FormatOfferedCourse StructureDurationTotal HoursWeekly Commitment
Certificates
Comprehensive expertise in a subject area for professional transformation and workplace impactOnline cohort-based (<35 students) with expert facilitator hosting live sessionsRecurring start datesMost certificates include 4 to 8 individual courses with multiple start and end dates to select from; 360 Certificates offer over 20+ individual courses including core courses and electives2 to 6 months depending on individual course requirements40 to 100 hours3 to 8 hours per week for the duration of the certificate
Courses
In-depth exploration of a topic within a short amount of time, delivering powerful insights and practical skillsOnline cohort-based (<35 students) with expert facilitator hosting live sessionsRecurring start datesOne standalone course with multiple start and end dates to select from2 to 4 weeks depending on individual course requirements10 to 25 hours3 to 8 hours per week for the duration of the certificate
Workshops
Rapid development of specific, actionable skills and strategies to be immediately applied at workLive, online, and Cornell faculty-led with an interactive cohortSpecific dates and timesOne 3-hour short-form live program with specific dates and times; multiple Workshops offered monthly3 hours3 hoursActive participation during the Workshop only

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