March 26, 2019 11:30 am - 1:30 pm
Developing Leaders Lunch & Learn: Introduction to Financial Analysis for Leasing
Jamieson Place Conference Centre (third floor) Conference Room A 308 4th Ave SW
Cost: Members Only - $40.00
Please join John Fisher and Richard Morden for a very informative lunch and learn on the financial aspect of lease analysis (NER). We will review limitations of NER, importance of face rates versus tenant’s covenants versus value, discount rates, including or excluding landlords work, the role of lease buyouts, operations cost caps and discounted or free parking deals. Please bring a laptop with Excel capabilities. Lunch is included in the ticket price.
John Fisher is a Senior Vice President with CBRE Limited in Calgary focusing on office properties for clients across Canada and the US, completing over 6.0 million square feet of transactions in the last 14 years.
John is the Sessional Instructor of Real Estate Investment and Analysis at the Haskayne School of Business in the University of Calgary’s MBA program. John has taught real estate for over 8 years at the University of Calgary and was instrumental in creating the Battle of Alberta University Challenge. John has an MBA from Northwestern/York University and is the current President of the NAIOP Calgary Chapter.
Richard Morden joined QuadReal as Senior Vice President, Office, Prairies in February 2017. His focus is leading the Prairies’ office team, which manages over 8 million square feet of office real estate in Calgary and Edmonton.
Richard has been active in commercial real estate for over 30 years in Toronto, Vancouver, for the last 14 years, Calgary. Previously, Richard worked with Bentall Kennedy and Beutel Goodman Real Estate Group, where he held positions focusing on investment and portfolio management, and supplemented by transactional experience including acquisitions, dispositions, development and financing of commercial real estate totalling over $2.6 billion in value.
Richard holds a B.A. in Urban Geography from UBC, an MBA from The Richard Ivey School of Business, and has completed the Business Leadership Program at Queen’s University. Richard is currently Secretary/Treasurer of BOMA Calgary, a member of the Board of Directors and Government Affairs of NAIOP and a member of Calgary Economic Development’s Real Estate Sector Advisory Committee. These industry positions provide Richard with the opportunity to contribute to policy that directly supports the interests of those living and working within the QuadReal portfolio, as well as communities as a whole.