Course Description

CI 101 is a bedrock class for real estate practitioners at a time when risk mitigation, pricing, and cycle assurance have become critical to investors. CI 101 introduces the CCIM Cash Flow Model, a tool for ensuring your investment decisions are based on wise finance fundamentals. During the course, you will learn how to use key financial concepts such as Internal Rate of Return (IRR), Net Present Value (NPV), Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital to compare different types of commercial real estate investments.


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1650.00 / list price
1145.00 / member price
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Course Concepts

This course will teach you how to:

  • Make informed investment decisions using the CCIM Cash Flow Model.
  • Use real estate analysis tools to quantify investment return.
  • Measure the impact of federal taxation and financial leverage on the cash flow from the acquisition, ownership, and disposition phases of real estate investment.


Pius K. Leung, CCIM

Pius Leung

Pius Leung, CCIM, CPM, is Principal at SPAK Interests Inc. Houston. During his 35 years in commercial real estate, Leung has become an expert in leasing, multifamily, and office properties.

Leung has been a CCIM Institute instructor for almost 15 years. He has taught courses in Czech Republic, Poland, Mexico, South Korea, Russia, Taiwan, China, and Japan. He is a visiting professor of the School of International Economic and Trade of the University of International Business and Economic in Beijing, China.

He was the 2010 Recipient of Susan G. Groeneveld, CCIM, Visionary Award by CCIM Institute. He was also recognized as the REALTORĀ® of the Year in 2002 and International REALTORĀ® of the Year in 1998 by the Houston Association of REALTORSĀ®.

Leung served as CCIM Institute President in 2005 and currently serves as president of the CCIM Foundation.

He earned his Bachelor and Master of Accounting from the University of Mississippi.

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We are here to answer all your questions about each course. Our solution center team is available Monday through Friday 8:30 a.m. - 5:00 p.m. at +1 (312) 321-4460, option 2, or courseinfo@ccim.com.
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Continuing education credits

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For more information about continuing education contact us at cecredit@ccim.com or +1 (312) 321-4460 ext. 8566.