The course provides participants with a solid understanding of various principles and practices within the real estate industry. It offers comprehensive insights into the financial protocols related to the real estate market, enabling attendees to create advanced financial models for real estate independently.
Course Summary
This program covers critical concepts and metrics associated with real estate cash flow. It instructs participants on making informed decisions about owning or renting properties and discusses practical financing and investment strategies. Additionally, it emphasizes the significance of private equity within the realm of commercial real estate.
Target Audience
This course is ideal for individuals looking to strengthen their skills in real estate modeling and analysis, specifically:
Teaching Approach
The approach is hands-on, featuring interactive discussions, case studies, games, and assignments to foster understanding of concepts and their real-world applications.
Instructor
The trainers are chosen for their extensive experience in the finance industry. The course will be led by a seasoned consultant with over 20 years in the field, specializing in corporate finance, investment banking, company valuation, and asset valuation.
Course Modules
Module 1: An Overview of the Real Estate Sector
• Understanding the structure and performance metrics of the real estate market
• Importance of accounting practices in the industry
Module 2: Real Estate Business Models
• Examining the 'Develop and Hold' model
• Analyzing the 'Develop and Land Lease/Sell Pads Site' approach
Module 3: Real Estate Modeling Process
• Reviewing cash flow modeling for various property types
• Understanding interest expense modeling and metric acquisition processes
Module 4: Setting Up Financial Models
• Establishing transaction and operational assumptions
• Pro forma construction and return calculation methods
Module 5: Construction Schedule Management
• Creating a work breakdown structure
• Establishing reasonable timelines for key milestones
Module 6: Financials: Revenues, Costs, and Taxes
• Calculating capital rates and net operating income (NOI)
• Performing sensitivity analyses
Module 7: Financing Strategies in Real Estate
• Understanding financial covenants and their relevance to cash flow
Module 8: Debt Modelling in Real Estate
• Comprehending key ratios like loan-to-value (LTV) and debt yield
Module 9: Equity Waterfall Mechanism
• Discussing the equity waterfall model and its construction
Module 10: Cash Flow Statements
• Analyzing gross profit ratios and vacancy implications
• Reviewing advanced cash flow modeling techniques
Module 11: Sensitivity and Scenario Analysis
• Conducting sensitivity analyses on property values
Module 12: Real Estate Valuation Techniques
• Performing discounted cash flow analyses and yield-based evaluations
Module 13: Private Equity in Real Estate
• Managing capital reserves and analyzing equity multiples
Module 14: Principal Real Estate Metrics
• Assessing key investment metrics and calculating property values
If further information is required, please visit the official website or contact via email.