The Mortgage Bankers Association (MBA) has announced that it has executed an agreement with the Chartered Realty Investor Society (CRIS) to provide a course through CampusMBA to help those seeking a Chartered Realty Investor (CRI) designation to prepare for an assessment examination. Under the agreement, MBA will develop and offer through CampusMBA an instructor-guided, online, self-study prep course to complement the CRI Level 1 study guide, currently being offered by CampusMBA. This comprehensive commercial real estate coursework will educate industry professionals to analyze property data and appraisal techniques, to understand financing fundamentals and funding sources including commercial mortgage-backed securities (CMBS) and to comprehend loan servicing and the underpinnings of real estate as an asset class.
"We are proud to join with CRIS to offer top-notch training for commercial real estate finance professionals," said David H. Stevens, president and chief executive officer of the MBA. "CRIS is known for its ethics-based approach to professional development and anyone carrying a CRI designation is recognized for his or her commitment to professional excellence and ethical conduct."
CRIS' mission to give the public confidence in the professionals and fiduciaries within the commercial real estate industry perfectly complements MBA's efforts to foster professional development and business ethics, which is critical to the industry's success and reputation. It was founded in 1999 to help ensure the safety of the public and other stakeholders by supervising its real estate certification designations, the CRI Charter and CRI Associate. Its mission is to recognize ethics-based competency in the global real estate industry for the benefit of the public through the award of a limited, revocable right to hold its designations.