February06, 2013 - Registration Still Open for NJRA Beginner Excel-Based Project Finance Class
REGISTRATION STILL OPEN FOR NJRA REDEVELOPMENT TRAINING INSTITUTE BEGINNER EXCEL-BASED
TRENTON, N.J. – New Jersey Department of Community Affairs (DCA) Commissioner Richard E. Constable, III today announced that registration is still open for the upcoming Beginner Microsoft Excel-based Project Finance class being held on February 14-15, 2013 at the Newark Housing and Development Office in Newark, NJ. This class is part of the Redevelopment Training Institute hosted by the New Jersey Redevelopment Authority (NJRA), an affiliated agency of the DCA.
"The NJRA Redevelopment Training Institute (NJRA RTI) continues to provide quality educational resources resulting in an enhanced knowledge of New Jersey's redevelopment process and project financing," said Commissioner Constable, who serves as Chair of the NJRA. "We have received nothing but positive feedback from redevelopment stakeholders who have benefited from this class."
The Beginner Excel-Based Project Finance class will introduce students to the financing tools and the types of financing available in today's market for residential and commercial development including the lease as a form of financing. Attendees will also learn finance concepts and terminology including net operating income (NOI), net present value (NPV), and return on investment (ROI) and how to construct development budgets and operating pro formas using Microsoft Excel. Emphasis will be placed on learning Excel formula composition. Participants are expected to bring their own laptops and have beginner knowledge of Microsoft Excel. Students can receive 13.2 Continuing Legal Education Credits for this course through the Supreme Court of New Jersey Board on Continuing Legal Education.
The NJRA RTI offers intensive training courses that focus on the redevelopment of New Jersey's communities. The NJRA RTI is designed to provide non-profit and for-profit developers, professional consultants, entrepreneurs, city/county staff, and lawyers with a body of knowledge of the redevelopment and real estate development process and project financing.
"Over the last seven years, the NJRA RTI Training Institute has continued to provide top-notch classroom instruction and real-world experience to our students," said NJRA Executive Director Leslie A. Anderson. "The intensive project finance education that attendees will receive is invaluable."
The New Jersey Redevelopment Authority, a DCA affiliate, is an independent authority committed to revitalizing urban New Jersey. NJRA invests financial and technical resources into redevelopment projects to ensure that projects are urban-focused, neighborhood-based and investment-driven.
For further information on the NJRA RTI, including application information, registration and directions, please call the RTI Hotline at 609-278-5779 or visit http://www.njra.us/rti.