The NAIOP Certificate of Advanced Study in Real Estate Finance is awarded upon the completion of courses related to finance, including Basic Real Estate Finance, Advanced Real Estate Finance, Financial Analysis of Development Projects, and Real Estate Investment and Capital Markets. Courses must be completed within a two-year timeframe.

NAIOP courses are based upon core competencies, which are specialized categories of applied skills and established industry practices, organized into the body of knowledge, that are essential to delivering financially successful projects.

Application/Fees

Any person wanting to become a candidate for the Certificate of Advanced Study in Real Estate Finance must submit the following:

• Completed certificate application
• Current resume
• One-time application fee

The program is open to NAIOP member and nonmember applicants.

What are the certificate program fees?

• Application fee: $75 member/$150 nonmember
• Extension fee*: $50 member/$100 nonmember

*This fee is for candidates who do not complete all courses within the initial 2-year timeframe.

Complete the certificate program application.

Total Costs to Complete a Certificate

Prices subject to change. Prices listed here in USD. Please see each course tuition page for prices in CAD.

Members

• Three required courses at the $399 member tuition = $1,197
• One elective course at the $399 member tuition
• Certificate application fee of $75
• Grand Total: $1,671

Developing Leader Members

• Three required courses at the $290 DL member tuition = $870
• One elective course at the $290 DL member tuition
• Certificate application fee of $75
• Grand Total: $945

Student Members

• Three required courses at the $199 student member tuition = $597
• One elective course at the $149 student member tuition
• Certificate application fee of $75
• Grand Total: $671

Nonmembers

• Three required courses at the $624 nonmember tuition = $1,872
• One elective course at the $624 nonmember tuition
• Certificate application fee of $150
• Grand Total: $2,646

Student Nonmembers

(must be currently enrolled at an accredited school)

• Three required courses at the $199 student nonmember tuition = $597
• One elective course at the $199 student nonmember tuition
• Certificate application fee of $150
• Grand Total: $946

Course Offerings

What courses are available and how many are required to earn a certificate?

A total of four courses are required to complete a certificate for a total of 32-35 hours.

NAIOP Course Selections

Required Courses for the Finance Certificate
Required Courses	Introductory Level	Intermediate Level	Advanced Level	Contact Hours
Basic Real Estate Finance	✕			8
Advanced Real Estate Finance			✕	16
Private Equity Fund Structure and Management		✕		8

 

Elective Courses for the Finance Certificate
Elective Courses	Introductory Level	Intermediate Level	Advanced Level	Contact Hours
Essentials of the Development Process	✕			8
Advanced Development Practices		✕	✕	8
Modern Industrial Development		✕		8

Education Credits

The Center assigns an educational credit value for all of its offerings.

• Credit value is based on the number of elapsed hours for each offering. Values are measured in the form of both Professional Development Hours (PDH) and Continuing Education Units (CEU).
• NAIOP is a registered provider of Learning Units (LU) through the American Institute of Architects' Continuing Education Service, which regulates the LU.
• Earned educational credit is based on confirmed completion of an offering, which is recorded in a transcript by The Center for each registered student.
• Transcripts are available to each student upon request as official documentation of their work when applying to licensing and accreditation authorities for approved educational credit.