Brian DeChesare – Real Estate & REIT Modeling

That is superior coaching, designed for each new and skilled professionals. The Real Estate and REIT Modeling course is ideal for you if:

• You already know the basics of accounting, valuation, and monetary modeling, and now you’re able to drill down into the small print and acquire the the know-how that units you aside as an business skilled –with an in-depth understanding of how the actual property business works.
• You’re interviewing with Real Estate teams – at banks, PE corporations, hedge funds, actual property working firms, actual property builders, REITs, or different actual property-associated corporations, and also you wish to impress your potential employer by being the precise candidate they’re on the lookout for.
• You’re about to begin working in a Real Estate group, otherwise you’ve simply transferred into one and you want to stand up to hurry rapidly. You’d quite study by yourself time, so as to impress on the job and transfer up the ladder rapidly.
• You’re an skilled actual property skilled and also you’re now transitioning into funding banking, personal fairness, or different associated roles.

Whenever you interview for these roles at funding banks, there are specific questions you’ll at all times be requested…

• How a lot have you learnt about accounting? Are you aware the way it’s totally different for actual property? You’ll capable of inform them simply how a lot you understand and reply an emphatic and honest: “YES.”
• Are you able to stroll me by how you’ll worth a property, a portfolio of properties, or a whole REIT? You’ll know precisely easy methods to show what they wish to see – as a result of you’ll have already practiced all of these within the course.
• What are the key components that affect a REIT’s valuation and monetary efficiency? You’ll be capable to describe them with ease and understanding.
• “How would you describe your financial modeling skills?” Your fingers-on expertise will shine by – you’ll be capable to confidently recount the abilities you’ve realized within the course, as a result of these are the precise abilities they’re on the lookout for.Your assured solutions to those questions together with the proof you’ll current of the case examine you accomplished will set you other than everybody else within the interview room and put you in prime place to land profitable internships and jobs at funding banks, personal fairness corporations, and hedge funds.We’ve designed the course from the bottom up that can assist you acquire purposeful mastery of this extremely-specialised materials as rapidly as humanly potential.

  With BIWS Real Estate and REIT Modeling you’ll study by working towards with a case examine of a REIT working mannequin and valuation for Avalon Bay Communities, and case research on property growth and renovation. We use actual SEC filings and fairness analysis from banks like Citi and JP Morgan to help the numbers:

• Detailed 3-assertion mannequin for Avalon Bay with help for all their totally different actual property segments; full valuation, together with the same old methodologies in addition to actual property-particular ones such because the Web Asset Worth (NAV) mannequin.
• Real Estate Growth Classes cowl property growth and acquisitions, key actual property terminology and metrics, and easy methods to arrange the development timeline and funding sources, and analyze acquisitions and renovations.

• 113 movies complete (45 hours of footage).
• 7 fast reference information PDFs on key matters – from key phrases and accounting by property modeling, REIT monetary statements, and valuation.
• Overview classes cowl actual property key phrases, easy methods to mannequin an house advanced, how a REIT operates, and easy methods to hyperlink properties and REITs.
• Workplace Growth and Sale classes educate you easy methods to estimate constructing dimension, exhausting prices and gentle prices, venture the monetary statements of a property, construct debt and fairness draw schedules, calculate the sale proceeds, and allocate investor returns utilizing a waterfall schedule, factoring in developer promotions .
• Lodge Acquisition & Renovation classes cowl easy methods to venture a resort’s monetary statements, estimate the affect of property renovation, and calculate returns primarily based on the acquisition value, promoting cap price, and capital construction.
• REIT Working Mannequin movies educate you easy methods to venture a REIT’s rental earnings and internet working earnings (NOI) from identical-retailer properties, growth/redevelopment, acquisitions, and tendencies; you’ll additionally learn to create a fancy debt schedule, hyperlink and venture the statements, and calculate Funds From Operations (FFO), Adjusted Funds From Operations (AFFO), and dividends issued.
• REIT Valuation classes cowl public comps, precedent transactions, Discounted Money Stream Evaluation (DCF) and Dividend Low cost Mannequin (DDM) for REITs, in addition to actual property-particular fashions such because the Web Asset Worth (NAV) and Alternative Value strategies.The knowledge is so detailed and thorough that the majority of our clients are from high-ranked universities, funding banks, and enterprise faculties.When you’ve accomplished the coaching, right here’s what you’ll be able to instantly add to your resume or CV:

  Real Estate & REIT Modeling (Breaking Into Wall Road)
  On-line Monetary Modeling Coaching Program

• Accomplished actual property growth mannequin for workplace advanced, with waterfall returns modeled for a number of fairness investor lessons and totally different developer promote ranges
• Constructed mannequin for resort renovation and created sensitivity tables to find out optimum stage of renovation funding relative to potential upside in IRR
• Created 3-assertion projection mannequin over 5 years for Avalon Bay [AVB], main residential REIT; primarily based mannequin on phase-by-phase buildup for identical-retailer, growth/redevelopment, acquisitions, and tendencies
• Valued Avalon Bay [AVB] utilizing public comps and precedent transactions and metrics and multiples akin to FFO and AFFO, in addition to Web Asset Worth (NAV) mannequin; additionally accomplished Levered DCF and Dividend Low cost Mannequin, and realized idea behind Alternative Worth methodologyYou can print out your fashions from this course and show your working data throughout interviews, describing precisely what you realized within the coaching.Doing this can impress bankers, who will instantly perceive that you just possess actual working data that comes from expertise working with actual firms and case research.