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Real Estate & REIT Modeling 2024 by Breaking Into Wall Street

Are you aiming to build a solid foundation in real estate finance? The Real Estate & REIT Modeling 2024 course by Breaking Into Wall Street offers comprehensive training through practical case studies. This course is designed to deliver both immediate results and long-term mastery, making it an essential tool for anyone serious about a career in real estate finance.

Why This Course Stands Out

Unlike many other real estate financial modeling programs, this course offers a unique approach to learning:

• Practical Case Studies: Based on actual properties and REITs, not just theoretical concepts.
• Efficient Learning Paths: Tailored to fit your timeline, whether you have 48 hours or several weeks.
• Industry-Relevant Skills: Focused on what you need to succeed in interviews and on the job.
• Balanced Learning: Combines quick-start exercises with in-depth mastery opportunities.

Key Factors for Interview Success

When competing for real estate positions, two critical factors can significantly impact your success:

1. Industry Knowledge and Fluency: Demonstrate your understanding of real estate trends, property types, and deal structures. Articulate discussions of market conditions and investment opportunities are key.
2. Technical Modeling Competence: Show proficiency with essential concepts like Cap Rates, NOI, TIs, LCs, and various lease types. Confidently complete Excel-based acquisition, development, and renovation models.

Course Curriculum

Crash Course on Real Estate Financial Modeling

Gain a solid foundation with 8 real-life case studies, each lasting between 30 to 90 minutes. These sessions cover crucial topics in real estate financial modeling, allowing you to complete them over a weekend and rapidly enhance your expertise without the need for extensive textbooks.

Advanced Modeling Tests for Proficiency

Expand your knowledge with 9 comprehensive modeling tests ranging from 2 to 4 hours. These tests incorporate complex Excel formulas, detailed case study prompts, and strategic investment recommendations, preparing you for both job responsibilities and advanced interview scenarios.

Key Features

• Practical Industry Experience: Learn by doing with exercises that immerse you in real estate terminology and Excel implementation.
• Extensive Written Guides: Over 300 pages of detailed guides on individual properties and REITs, complete with hundreds of interview questions and answers for quick reviews.
• Expert-Led Instruction: Benefit from step-by-step video tutorials that demonstrate advanced modeling techniques and investment strategies.

Avoid Common Pitfalls

Most real estate financial modeling courses falter by:

1. Presenting overly complex and time-consuming models.
2. Relying on hypothetical scenarios instead of real-life case studies.
3. Failing to provide efficient preparation for time-constrained interview scenarios.

Real Estate & REIT Modeling 2024 addresses these issues head-on, offering streamlined, practical, and real-world-focused training to give you a competitive edge.

Gain an Unfair Advantage in Real Estate Interviews

Focus on the two most critical aspects of any real estate interview:

1. Industry Knowledge and Passion: Demonstrate your understanding of real estate trends, industry norms, and deal analysis to impress interviewers.
2. Technical Proficiency: Showcase your ability to handle technical questions, complete modeling tests, and execute real estate transactions confidently.

Is This Course Right for You?

This course is focused on individual properties and REITs to prepare you efficiently for interviews and the job itself. It does not cover:

• Excel shortcuts or basic accounting and finance knowledge.
• Every possible combination of models, property types, and REITs.
• Non-Excel-based software like ARGUS.
• Non-property and non-REIT analysis such as private equity fund modeling or CMBS.

If you need foundational knowledge in Excel or accounting, consider starting with our Excel & VBA or Financial Modeling Mastery courses.

Downloadable Course Content

• Module 1: Real Estate Overview and Short Case Studies
  • Introduction to Real Estate Financial Modeling
  • 6 Individual Property Case Studies
  • 2 REIT Case Studies
  • 4 Overview Lessons on Property and REIT Analysis
• Module 2: Office Development Modeling Test (100 Bishopsgate)
  • 4-Hour Comprehensive Modeling Test
  • Step-by-Step Video Tutorials
  • Advanced Excel Techniques with VBA Integration
• Module 3: Hotel Acquisition & Renovation Modeling Test (Jumeirah Beach Hotel)
  • 2-Hour Intensive Modeling Test
  • Scenario-Based Assumptions and Pro-Forma Development
  • Investment Recommendations and Risk Mitigation
• Module 4: Multifamily Acquisition & Credit Case Study (The Lyric)
  • 3-Hour Multifamily Acquisition Model
  • Credit Analysis and Valuation Techniques
  • DCF and Comparable Property Analysis
• Module 5: Office/Retail Acquisition & Renovation Modeling Test (45 Milk Street)
  • 4-Hour Mixed-Use Property Modeling
  • Replication of ARGUS Functionality in Excel
  • Waterfall Schedule and Sensitivity Analysis
• Module 6: Pre-Sold Condo Development Modeling Test (Heritage Cyrela)
  • 2-Hour High-End Condo Development Model
  • Complex Debt/Equity Treatment and Waterfall Returns
  • Comprehensive Risk Assessment
• Module 7: REIT Valuation Modeling Test (AvalonBay)
  • 4-Hour to 1-Week REIT Valuation Model
  • 3-Statement Projection and NAV Valuation
  • Stock Pitch, Equity Research, and Investment Banking Pitch Book
• Module 8: REIT Debt vs. Equity Case Study (SPH REIT)
  • 2-Hour REIT Performance Projection
  • Debt and Equity Structuring for Acquisitions
  • Credit Stats Analysis and Capital Structure Optimization
• Module 9: REIT M&A and Merger Model Case Study (Digital Realty / DuPont Fabros)
  • 3-Hour M&A Merger Model for REITs
  • Purchase Price Allocation and Financial Statement Integration
  • Investment Banking Deal Recommendation Presentation
• Module 10: REIT Leveraged Buyout and LBO Model Case Study (Blackstone / Pure Industrial Real Estate Trust)
  • 2.5-Hour REIT LBO Model
  • Advanced Debt Schedule and Returns Calculations
  • Investment Recommendation Presentation Skills

What Sets Our Course Apart

• Efficient Learning Paths: Tailored study plans to suit your schedule, ensuring you master the fundamentals quickly.
• Industry-Relevant Content: Focused on real-life scenarios and practical applications rather than theoretical concepts.
• Comprehensive Skill Development: From basic modeling to advanced investment recommendations, our course covers all essential aspects.

Access the course now and fast-track your journey to becoming a real estate and REIT modeling pro.

Downloadable Course Content