loader image

Leveraged Breakdowns

Real Estate Private Equity Career Path

Public REIT Valuation Part 12: Consolidation and Why it Matters

Introducing Consolidation Welcome back to the Aimco public REIT valuation series. Here, we’re going to unpack consolidation, which has already reared its head in the figures we pulled for the previous post on GAV. When building public company net asset value (NAV) analyses, it’s important to handle consolidation consistently and back out minority interests as […]

Public REIT Valuation Part 12: Consolidation and Why it Matters Read More »

Public REIT Valuation Part Seven: Net Asset Value

Introduction This is part seven of a series focused on Public REIT valuation. The first six posts were more qualitative in nature, contextualizing the information available in Aimco’s public filings. This seventh post begins a new thread where we focus on building our Excel model. If you’re looking for the best real estate private equity

Public REIT Valuation Part Seven: Net Asset Value Read More »

Catch-Up Waterfall, Part One: The Prompt

Intro This case study will focus on building a catch-up waterfall. Catch-up waterfalls will be fairly common throughout your real estate private equity career path. The other common waterfall is promote-based, which we build live in the REPE Starter Kit. Private equity analysts and associates must often model waterfalls, so pay close attention. Keeping it

Catch-Up Waterfall, Part One: The Prompt Read More »

Keeping Your Cool When The Market Is A Hot Mess

We’ve all seen movies that depict the frantic activity on the floor of the New York Stock Exchange. When the market is on a huge bull run for the day, or in absolute freefall, staying calm and focused is critical to success. The Real Estate Private Equity day-to-day is not nearly as intense as one

Keeping Your Cool When The Market Is A Hot Mess Read More »

Become The Most Trusted Real Estate Private Equity Analyst In Your Firm

Much of what you read on this site is focused on hard skills, with the intent of helping you launch your career in REPE. This post will focus on what might be considered a soft skill, but a better term is a character trait. This trait will make you into the most trusted analyst in

Become The Most Trusted Real Estate Private Equity Analyst In Your Firm Read More »

Real Estate Private Equity Model 101: Sales Tax Incentives

For a real estate private equity beginner, layering sales tax incentives into a real estate private equity model may sound intimidating. Like other incentives, however, accurate modeling comes down to understanding how the incentive is calculated and the timing of receipts. Sales tax incentives are not allowed in all states, but there are enough that

Real Estate Private Equity Model 101: Sales Tax Incentives Read More »

Three Sources of Industry Information To Build Real Estate Private Equity Skills

There are lots of sources for industry information as you prepare for a real estate private equity job, or continue to build your skill set. As industry insiders, we have a number of favorites, which we share below. Keep in mind that continuous learning isn’t just a catchphrase, it should be a way of life.

Three Sources of Industry Information To Build Real Estate Private Equity Skills Read More »

A Beginner’s Guide to Commercial Leases, Part Five: The Final Chapter

This final installment in our series on commercial leases (unless we decide to bring you Commercial Leases: Hobbs and Shaw) will focus on co-tenancy clauses and ground leases. Again, these topics are getting deep into the weeds, but if you are hunting for your first private equity real estate job, this info can really help

A Beginner’s Guide to Commercial Leases, Part Five: The Final Chapter Read More »

A Beginner’s Guide to Commercial Leases, Part Four: More Terms

The original three posts under this title were extremely well-received (Part One, Part Two, Part Three), so we have decided to write two more. The goal of these articles is to explain real estate private equity for beginners in layman’s terms. If you’re fresh out of college or looking to make a career change, finding

A Beginner’s Guide to Commercial Leases, Part Four: More Terms Read More »

Scroll to Top