The third and final installment of this series covers several of the other key terms contained within commercial leases. Some of these terms may come up as part of a real estate private equity interview case study. You can rehearse these on your own or even practice them as part of the real estate private … A Beginner’s Guide To Commercial Leases, Part Three: Other Terms Read More »...

Commercial leases are the backbone of the REPE industry. Demonstrating a familiarity or a mastery of the terminology will help you nail a real estate private equity interview. Part one of this series focused on understanding the terminology in commercial leases related to income. Part two will zero in on the expense side of the … A Beginner’s Guide To Commercial Leases, Part Two: Expenses Read More »...

The terms and conditions within a commercial lease can make or break a deal. Analysts must fully understand each of these terms if they want to build practical and effective LBO models. The lingo used can initially be confusing, but with practice you’ll get the hang of it. Private equity real estate returns for stabilized … A Beginner’s Guide To Commercial Leases, Part One: Income Read More »...

This series covers the top real estate private equity firms. Each post briefly describes the subject fund’s size, history, and key real estate equity investments and concludes with questions to help develop your investing mindset by critically reviewing the firm’s key transactions. For a real estate private equity beginner, these posts will broaden your industry … Top Real Estate Private Equity Firms, Part Two: Brookfield Read More »...

Part one of this two-part series focused on the responsibilities of various real estate private equity jobs. In part two the focus will shift to specific real estate private equity skills associated with each of the five entry points. Investment Analyst As the name implies, an analyst must be good with numbers. Further, a quality … Five Entry Points To A Career In Real Estate Private Equity – Part II: Relevant Skills Read More »...

Trying to map out a real estate private equity career path may seem daunting if you don’t know where to begin. Whether you are fresh out of college or have 15 years’ experience, there are a variety of opportunities awaiting if you know what to look for. Here are five career paths that will help … Five Entry Points To A Career In Real Estate Private Equity – Part I: Responsibilities Read More »...

With any real estate investment, accurately determining the value of the project at a point in time is one of the most critical pieces of information you’ll use. Real estate values change over time, and a myriad of factors influence the value. Appraisals represent an independent professional’s estimate of the market value of a property … Property Value and Appraisals are Building Blocks in Your Career Read More »...

Rarely will a real estate project be funded solely with owner/investor cash. This may be wise in certain instances, yet not often. For properties that will generate cash flow, leverage helps to lower the cost of capital and boost investment returns. Beyond vanilla mortgages for stabilized properties, construction financing introduces additional complexities. Banks and credit … Construction Financing For REPE Beginners Read More »...

This post examines three common mistakes that candidates make when interviewing for real estate private equity jobs. I have interviewed countless candidates for various positions at my fund. If you make any of these mistakes, you will be immediately cut from my process. Protect your candidacy by avoiding these easily avoidable pitfalls. Mistake #1: Freezing … Three Mistakes to Avoid in Real Estate Private Equity Interviews Read More »...

Introduction This is the third and final step in solving the inaugural real estate investment case study challenge. This solution teaches you how to build a typical real estate private equity model used in one-hour on-site case studies. This is a basic model that you should be able to build from scratch without referencing anything … Real Estate Investment Case Study Challenge #1: Solution Step 3 Read More »...