Sponsored by the Mel King Institute for Community Building

Date:  June 2,3,4,7,8
Time:  9:00am – 5:00pm
Location:  95 Berkeley Street, Conference Room B, Boston, MA 02116

The Mel King Institute for Community Building is sponsoring the Nonprofit Housing Management Specialist (NHMS) course. This is the second module in a six-course series that will award successful participants with the Certified Housing Asset Manager (CHAM®) Designation from the Consortium for Housing and Asset Management.

The NHMS course is an intensive, five-day survey course that helps participants transition from the “How to” to the “How well are we doing at what we are doing?” of real estate management. It introduces the functions, requirements and systems of good asset management.

The five-day training will include:

• Interactive lectures, in-class exercises, case-studies, outside-class homework assignments and student group presentations
• Identifying key property audit elements and calculation of  fundamental property financial concepts including NOI, DSCR, cash flow, ratios, reserve balances
• Learning how to summarize an affordable housing deal; studying  typical debt structures, trending assumptions, pro-forma operating budgets  and creating a “deal book”
• Practicing comparing pro-forma budgets to actuals; identifying why a property is failing and offering solutions; valuing properties in different ways
• Investigating asset management reporting strategies, risk management plans, capital needs assessments and capital project monitoring, real estate tax abatements, and appeals

This training session will be led by Jack Geary and Judy Weber, both of whom have over 25 years experience in asset/property management and real estate finance.

MACDC Member Registration ($50/day)

Non-MACDC Member Registration ($100/day)

For more information, please contact:
Marcus Haymon
mhaymon@lisc.org
617-338-0411