Pro Forma Fundamentals Certificate

The Urban Land Institute’s Certificate in Commercial Real Estate Pro Forma Fundamentals is designed to provide real estate development professionals with the set of technical skills necessary to make better-informed development, investment and valuation decisions.

The certificate, which is obtainable upon completion of any three online courses listed below (a total of 24 hours of content), provides entry- to intermediate-level professionals with a fundamental understanding of pro forma analysis through spreadsheet modeling.

The certificate program includes 24 hours of instruction conducted through convenient online programming, affording students the flexibility to learn in a way that works for them.

Certificate Requirements

Any combination of three of the following classes:

  •  Introduction to Pro Forma Modeling with Excel
  •  Pro Forma Modeling with Excel Intermediate: Value Add
  •  Pro Forma Modeling with Excel Intermediate: Development
  •  Pro Forma Modeling with Excel Advanced

Each session of the workshop is designed to build on the previous one or to meet students where they are.

Following the completion of each course, a proficiency exam will be made available for students wishing to earn the certificate. Students must pass all three exams in order to receive the certificate. Students may take an exam up to three times before having to repeat the program.

Introduction to Pro Forma Modeling with Excel

March 16, 18, 23, and 25, 12:00 – 2:00 pm ET
Instructor: Charles Tu, Professor of Real Estate, Burnham-Moores Center for Real Estate, University of San Diego

This four-part webinar introductory course guides students through financial fundamentals and a basic multifamily investment pro forma.

Pro Forma Modeling with Excel Intermediate: Development Pro Forma

April 22, 24, 29, and May 1, 3:00 – 5:00 pm ET
Instructor: David Farmer, PE, AICP, Principal, Keystone Development Advisors

This four-part webinar walks students through a more complex development Pro Forma.

Pro Forma Modeling with Excel Intermediate: Value Add Pro Forma

May 19, 21, 26, 28, 12:00 – 2:00 pm ET
Instructor: Charles Tu, Professor of Real Estate, Burnham-Moores Center for Real Estate, University of San Diego

This four-part webinar walks students through a more complex Value Add project Pro Forma.

Advanced Pro Forma: Investment Waterfalls

This four-part webinar builds on an intermediate understanding of the various uses of the Pro Forma, taking on the more complex topic of Investment Waterfalls in the context of advanced analytics and sensitivities testing.

All courses are available on demand for 60 days for students who register for the live webinar.

Register Now

Contact ULI Learning

learning@uli.org