VIP Exclusive
REAM Real Estate Asset Management VIP Certification Exam
REAM — There is no single universally-standardized 'REAM' certification exam; this exam is an original comprehensive practice set modeled on the knowledge domains tested by leading real estate asset management credentials such as IREM's CPM (Certified Property Manager), NAREIM institutional asset management standards, and CFA/CAIA real estate allocation modules — covering financial analysis, portfolio strategy, operations, leasing, capital planning, and risk management at the professional level.
54
Questions
90m
Time Limit
75.00%
To Pass
Question 1 of 54👑 VIP
A 120,000 SF Class B office building generates $2,400,000 in effective gross income (EGI) and has operating expenses of $960,000. The asset manager is asked to calculate the net operating income (NOI) and apply a 6.5% cap rate to estimate current market value. What is the estimated market value?
Questions 2–54 and full explanations are VIP-exclusive.