Build Your Skills

Instructor-led training with hands-on practice
to build your asset management skills.

Training: Introduction to Property and Portfolio Stress Testing

BACK BY POPULAR DEMAND! 

We had a waiting list for February's stress testing training, so we are offering it again in March.

Housing providers understand that is time to reassess property performance and plan for recovery. This introductory training will teach you the basics of property stress testing – the process for applying data to assess how financial stressors will impact your properties and your organization’s financial position.

This course is designed to build your asset management skills through hands-on practice using a case study of a nonprofit owner. Facilitated live by Jack Geary, a long-time instructor for LISC, NeighborWorks and CHAM, you will be able to get your questions answered during the class and by email.

This course is designed to build your asset management skills through hands-on practice using a mini-case study of a nonprofit owner. Facilitated live by Jack Geary, a long-time instructor for LISC, NeighborWorks and CHAM, you will be able to get your questions answered during the class and by email.

When: Join us for two 90-minute live sessions offered a week apart, with a case study to complete in between.

Session 1: Wednesday, March 10 | 1:00 - 2:30 PM ET

and

Session 2: Wednesday, March 17 | 1:00 – 2:30 PM ET

What to Expect:

  • Session 1 will present an overview of property and portfolio stress testing including concepts, formulas and best practices. 
  • In between the sessions, participants will work independently on a case study to apply projections with different scenarios using a pre-programmed Excel spreadsheet and several analysis questions. The instructor will be available by email to answer questions during the week.
  • In Session 2 the instructor walks through the analysis of the case study and answers your questions. The class shares their experiences from around the country about their own assumptions and how they mitigate against the stresses impacting their properties. 
  • Participants will be given the training slides for both sessions and a case study booklet. IF you miss a class, recordings will be available until April 30, 2021.

Who Should Take this Class? 

Housing professionals who want to learn the basics of performing a stress test or want to refresh their skills. This includes asset managers, property managers, accounting staff, directors and executives. It is good for staff who work for nonprofits, for-profits and public housing agencies that operate affordable housing. Lenders and syndicators will find they get insights into how to support their clients through the stress testing process.

Learning Objectives:

  • Understand the importance of revised property and portfolio projections – particularly considering financial stress assumptions caused by an unanticipated external crisis situations -- in this case, the COVID-19 pandemic.
  • Learn basic stress testing concepts, examples of stress test factors and calculations carrying through to the waterfall and potential owner/sponsor financial impact. 
  • Learn how to use an Excel tool to conduct a basic stress test analysis of properties while fully considering the portfolio impact on the sponsor organization.
  • Consider how to develop financial mitigation strategies to better prepare the organization to withstand external financial stressors.

Registration Details:

  • Cost is $75.
  • Registration will be limited to 100 people. We will keep a waiting list if we reach the class size limit.
  • Registration will be accepted up to close of business on Friday March 5, 2021. 
  • We have a liberal cancellation policy. Full refunds will be given up to close of business on Monday, March 8, 2021. To cancel your registration, send an email to info@chamonline.org. Please do so soon as you know so that we can offer your spot to people on the waiting list.
  • Each person taking the class in your company needs to register separately.


Register Now 


Looking for more something more advanced or comprehensive?

  • Consider CHAM’s Nuts and Bolts of Asset Management. This on-demand, multi-topic course teaches key asset management concepts including the life stages of a property, basic number-crunching of key property performance indicators, and review and analysis of property financial reports and property/partnership audits. Stress testing will be covered. Affordable and self-paced. 
  • For more advanced guidance, check out the portfolio sensitivity analysis template introduced at a CHAM webinar in May 2020 and available for free. The tool continues to prove useful to asset managers to test new assumptions as economic, social and health factors change during the crisis. Thanks to Dena Xifaras at Preservation of Affordable Housing for sharing the spreadsheet with CHAM.
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