License

Everything on Globalbiz CRE Academy is © Globalbiz Solutions LTDA, except where otherwise noted. This page lists what is otherwise noted.

Licensed under CC BY 4.0

These 6 financial models are licensed under the Creative Commons Attribution 4.0 International License (CC BY 4.0). The license covers the interactive model on each page and the .xlsx files the model generates in all three modes: the solved model, the blank template and the answer key.

• Commercial Loan Underwriting: Which Constraint Sizes the Loan
  https://globalbizcre.com/models/loan-sizing-underwriting
• Loan Amortization: Interest, Principal and the Balloon
  https://globalbizcre.com/models/loan-amortization-balloon
• From Rent to NOI, NCF and Cash-on-Cash Return
  https://globalbizcre.com/models/noi-cash-on-cash
• Capital Stack: Sources and Uses, Loan-to-Cost and Loan-to-Value by Layer
  https://globalbizcre.com/models/capital-stack-sources-uses
• Direct Capitalization: Cap Rates From Comparable Sales, and Value on the Appraiser's NOI
  https://globalbizcre.com/models/direct-capitalization-value
• Net Effective Rent: One Lease, Two Methods
  https://globalbizcre.com/models/net-effective-rent

You may share and adapt them for any purpose, commercially too. The restrictions on copying, redistribution and commercial use in our Terms of Service do not apply to them.

Required attribution

When you share one of these models, or anything adapted from one, credit it as:

Globalbiz CRE Academy (globalbizcre.com/models)

and, as the license requires, link to the license (https://creativecommons.org/licenses/by/4.0/) and say whether you made changes. The downloaded files carry the same credit on their Instructions tab.

Everything else is proprietary

All other content on this site is proprietary and all rights are reserved: the topics, the glossary, the calculators, the case studies, the deal simulations, the templates, the exams, the certificates and every financial model not listed above. That includes content anyone can read without an account, such as the open glossary definitions and calculators. Its use is governed by the Terms of Service.

CC BY 4.0 does not license trademarks. The Globalbiz name and logo are not licensed, even on the pages of the models above.