Real Estate Readiness Session 1 | Financial Readiness for a Real Estate Project
Real Estate Readiness for Nonprofits Three-Part Series
Join us for a three-part series designed for community organizations that are considering, or are embarking on a facility project. In this series you will learn how to assess your organization’s financial readiness, whether you should pursue leasing or buying, and how to get on the path to ownership. These webinars are ideal for executive directors, senior managers, and board members who are looking for real estate solutions for their organization. Executive directors and board chairs are strongly encouraged to attend together. We recommend that you attend all three sessions of this series; however, each session will provide valuable information if attended on its own.
Session 1 | Financial Readiness for a Real Estate Project
This session will help you look at your organization’s financial wellbeing in relation to a real estate project. Together, we will explore:
- How to use financial ratios to understand your organization’s financial health and stability;
- How to look at the implications of occupancy costs on your budget and what you might be able to afford; and
- Strategies to establish a reserve to support a real estate project or other organizational innovation
