Let’s take stock. The first post introduced our subject, so make sure you’ve read that before starting here. Our end goal will be to build a real estate private equity model that tells us if we should invest in these bonds. Naturally, the first question we want to answer is how much are these bonds […]
Live Case Study #1, Part Two: Bond Pricing Data Read More »
I think you’re going to like this one, so bear with me. Quick heads up, I’m going to try something different here. First, in order to produce more content, I want to write more in a stream of consciousness. Sorry if this appears less edited (because it is). Yet because I want to publish this
Live Case Study #1, Part One: Introduction Read More »
Introduction There are three real estate private equity skills you need to master when looking for a job: networking, developing market opinions, and technical skills. This series focuses on #2, the market knowledge. The last post in this series explained high-level that you need to conduct your market research in four steps: (1) sector-level research,
Developing Market, Part 3: Sector-Level Research Sources Read More »
To get a job in real estate private equity, you need to master three things: You network as hard as possible and learn by speaking with professionals who make real estate equity investment decisions every day You have developed data-backed opinions on real estate markets, namely: what has happened in the past, what is happening
Developing Market Knowledge, Part 2: Data Sources Read More »
Introduction to this Series on Developing Market Knowledge Leveraged Breakdowns helps you prepare for a real estate private equity career path in every way possible. On the technical side, we teach you how to build an extremely detailed asset-level model via Breaking Down REPE. We show you how to tear through a case study in
Developing Market Knowledge, Part One: Passion Read More »
This post is part of our interview prep series, where we teach you to answer common interview questions from a real estate equity investment mindset. The first question here focuses on the key differences between the major real estate sectors. The second two questions shift to focus on construction financing. All three concepts are critical
REPE Interview Prep: Major RE Sector Cash Flow Profiles and Development Financing Read More »
Every Interview is a Learning Experience The interview game is a learning process, and you can really only gain your sixth sense through live practice. There is nothing that compares to actually practicing with real life interviews for firms you want to work at. With that said, it’s natural to stumble on your first few
Learn from Your Interviews Read More »
To an outsider, recruiting for a career in real estate private equity recruiting can seem opaque and confusing. I know because I’ve been there. Fast forward several years comprising tens of billions of dollars of acquisitions experience, and I’m here now to help you shortcut the initial confusion. Leveraged Breakdowns provides the head start I
Why Does Leveraged Breakdowns Exist? Read More »
Introduction Fully diluted share count and transaction costs resulting from change in control provisions are important considerations for any M&A-related real estate private equity model. This article covers the basics you should absolutely master if you are serious about a career in REPE. As always, we recommend you deliberately practice these questions out loud and
Introduction This series on interview prep exists to help you excel during interviews and crush any real estate investment case study. To make this the best real estate private equity course possible, respond to these questions as if you’re actually being interviewed. That means look away from your computer, don’t read or memorize the answer,
REPE Interview Prep: Hotel Pro Formas and Retail Leases Read More »