Breaking Into Wall Street – Real Estate & REIT Modeling 2024

Master Real Estate & REIT Modeling in 2024

Welcome to Breaking Into Wall Street – Real Estate & REIT Modeling 2024, your gateway to mastering the intricacies of real estate investment trusts and property modeling. This course is meticulously designed to equip finance professionals with the precise tools and frameworks needed to build, analyze, and present REIT and property models like a seasoned industry expert.

What is the Breaking Into Wall Street Course About?

This comprehensive course from Breaking Into Wall Street focuses on developing full-scale models for real estate assets and REITs. It delves into the unique accounting and valuation principles that these vehicles require. You’ll learn to forecast property-level metrics, build 3-statement models, introduce debt/equity analysis, perform Net Asset Value (NAV) and Discounted Cash Flow (DCF) valuations for REITs, and run transaction modeling for acquisitions, dispositions, and leveraged buyouts (LBOs) in the REIT space.

What Will You Learn?

By enrolling in this course, you will gain a deep understanding of various critical aspects of REIT modeling:

• Financial Statement Modeling: Learn to model a REIT’s financial statements, including income statements, balance sheets, and cash flow statements, all linked to individual property portfolios and transactions.
• REIT Valuation Techniques: Master key REIT valuation techniques, including NAV modeling, DCF, dividend discount models, and public comparable/transaction analyses.
• Property-Level Analysis: Analyze property-level drivers such as redevelopment, acquisitions, same-store performance, leasing assumptions, tenant improvements, and dispositions.
• Transaction Modeling: Gain expertise in transaction modeling for REIT mergers and acquisitions (M&A), leveraged buyouts (LBOs), and the impact of scale on multiples and value creation within the REIT structure.
• Industry Metrics: Understand critical industry metrics that distinguish REITs from standard companies, including Funds From Operations (FFO), Adjusted Funds From Operations (AFFO), capitalization rates (cap-rates), Net Operating Income (NOI), debt yield, and Debt Service Coverage Ratio (DSCR).

Who Is This Course For?

This course is tailored for finance professionals, real estate analysts, investment banking associates, private equity team members, and anyone aspiring to specialize in REIT modeling. If you already have experience with Excel, accounting fundamentals, and financial modeling, this course will elevate your skills specifically in the real estate domain. However, if you are a complete beginner without an Excel or accounting background, additional foundational work may be required.

How Does the Course Work?

The course comprises video lessons, case studies, downloadable Excel model templates, and real-world deal inputs. Participants build models step-by-step, covering property-level modeling, consolidation into REITs, and full valuation and transaction analysis. Breaking Into Wall Street emphasizes practice through case studies rather than just theory, ensuring you gain hands-on experience.

Benefits of the Course

By completing this course, you will gain a proprietary modeling skill set relevant to high-stakes real estate transactions, REIT valuations, and deal structuring. You’ll be able to produce professional-grade Excel models, speak the language of REIT analysts (FFO, AFFO, cap-rates), and apply frameworks that are used in investment banking interviews and on-the-job scenarios. This gives you a distinct advantage in the job market and in real estate investment situations.

Prerequisites

Prior knowledge of accounting, Excel modeling, and basic valuation (DCF, multiples) is recommended. Familiarity with financial statements and standard corporate modeling is helpful since the course quickly shifts into REIT-specific complexities.

About Breaking Into Wall Street

Breaking Into Wall Street is a specialized online training platform for finance professionals. It focuses on real-life modeling tests, interview case studies, and industry-specific frameworks across investment banking, private equity, and real-asset modeling.

Why Choose Our Online Course Platform?

Centralize your digital purchases in a single account, keep your history, and access them whenever you want to watch online or download. Plus, you’ll always find courses on our platform at affordable prices.

Downloadable Course Content

• REIT fundamentals and accounting
• Property-level development/acquisition modeling
• Lease and tenant-driven cash flows
• 3-statement REIT model
• NAV/DCF valuation
• REIT transaction modeling (M&A & LBO)
• Excel templates
• Case studies across office, hotel, industrial, multifamily, and data-center REITs

Access the course now.

Downloadable Course Content