Leveraged breakdowns offers 10 great products!
The Complete Bundle


$349
(One-time purchase for 3 months course access + guides download)
- Best value, includes all 9 of our products as one bundle
- Modeling course subscription does not automatically renew after 3 months
- You get to keep each guide forever once downloaded
Modeling Course Subscription

$49
(per month)
- Necessary skills for any undergraduate or junior professional interviewing for ANL/ASO roles in REPE
- Monthly access to ever-expanding catalogue of educational video lectures
- Learn from industry veterans with >$15B direct asset-level acquisition and public M&A experience
- Model from scratch, develop fluency with must-know corporate finance fundamentals
- Learn Excel tips, tricks, and shortcuts to move lightning fast through any case study or investment model
- Develop an investment thesis from raw data used by true REPE professionals
- Access to the “crash course” REPE Starter Kit (~2hrs video content)
- Access to the “deep dive” Breaking Down REPE Course (~7hrs video content)
Technical Interview Guide

$99
(one-time purchase)
- 41-page technical interview guide, learn to:
- Demonstrate fluency with each major sector and their core strengths and weaknesses
- Thoroughly explain the relationship between cap rates and risk
- Quickly compare and contrast two investment opportunities regardless of sector or geography
- Manipulate accounting and financial metrics common in real estate private equity
- Convincingly highlight the merits of investing in real estate
- Analyze and recommend the appropriate credit strategy for any particular deal
- Intelligibly discuss the intricacies of development underwriting
- Unique PDF download that you keep forever, purchase grants access to updates and revisions for one year
Mental Math Guide

$30
(one-time purchase)
- 10-page Mental Math Guide with 20 real estate finance questions that are commonly asked in technical interviews for real estate firms
- Detailed explanations that show you how to approach these questions and explain the underlying concepts
- Supplement to our Technical Interview Guide, which covers real estate interview questions more broadly
- Material includes unlevered and levered IRR, cash-on-cash return, multiple on capital, comparing risk and return across deals, etc.
- Guide also comes with a useful real estate returns calculator in Excel so that you can easily check your work
- After working through this guide you’ll be fully prepared you to ace any technical question that requires quick thinking or mental math
ANALYST CASE STUDY

$30
(one-time purchase)
- Real Life Analyst Case Study adapted from case studies at actual real estate firms
- Case focuses on the acquisition of a hypothetical apartment building in the San Francisco Bay Area
- Case has two sections: Section 1 tests your model building / knowledge of real estate return metrics and Section 2 tests your analytical/critical thinking around an investment decision
- The answer key includes both a completed acquisition model in Excel(with some extra modeling tips) and a written answer key with suggested answers
- After completing this case you’ll be very well prepared for any case study that is part of your interview process!
ANALYST EXCEL TEST

$30
(one-time purchase)
- Real Life Analyst Excel Test with 47 questions across three sections that takes roughly two hours to complete
- Sections include Rent Roll Analysis, Deal Analysis, and Cash Flow Modeling
- Practice the top ways that firms test analyst candidates during interviews (covers both Excel knowledge and real estate knowledge)
- Comes with two Excel files:1 with questions and 1 with questions & answers; practice on the first one and then check your work with the second
- Test follows UK real estate modeling conventions/industry terms , but the differences between UK and U.S. real estate terms are noted (most concepts are the same)
- After spending time with this resource you’ll be ready for any Excel test that comes your way!
UK Case Study

$30
(one-time purchase)
- The UK Case Study is adapted from an actual deal reviewed by UK-based real estate private equity firm
- The case focuses on the redevelopment of a prime office building in London, using UK real estate modeling conventions, which vary from US modeling norms
- The case has two sections: Section 1 tests your ability to construct a complex real estate redevelopment model and Section 2 tests your ability to manipulate the model and assess the investment opportunity
- The answer key includes both a completed acquisition model in Excel and a written answer key with suggested answers to the questions
- After completing this case you’ll be very well prepared for any case study that is part of your interview process!
Sector Series Guides

$30
(one-time purchase)
- Three guides (5-10 pages each): detailing the following sectors — Multifamily, Single-Family Rental, and Office (more coming soon…)
- Each guide is part sector primer and part sector update, detailing the fundamentals and the latest trends in the sector
- Data-First Philosophy: all narrative themes supported by data from industry-leading sources
REAL ESTATE LENDING GUIDE

$79
(one-time purchase)
- 36-page guide on commercial real estate lending, written by industry insiders with decades of experience
- Guide follows the prototypical life of a real estate loan, from origination, to deal underwriting, to asset management
- Detailed overview of the capital stack, including the risk and return profiles of each component
- Overview of senior debt characteristics and common types of senior lenders
- Description of the loan origination process, including a review of the key lender roles: relationship manager, underwriter, credit officer, and loan operations
- Review of the loan underwriting process in detail, including a framework for evaluating risk
- Overview of the loan asset management function after a loan has been closed, including potential remedies if a loan defaults
Construction Loan Guide

$79
(one-time purchase)
- 53 pages step-by-step detail on how a lender originates, underwrites, and administers a large scale construction loan
- Real-world case study with self-study quizzes for each section, with additional 11-page answer key
- The capital stack, its typical components, and repayment priority
- Typical construction lenders, including commercial banks and government sponsored entities
- What a lender looks for in a borrower, including who they are, their experience, and their finances
- What a guarantor is, why they are required, typical guarantee structures, and their importance
- The typical sources of repayment in a construction loan and how they are evaluated
- How a lender evaluates loan collateral including location, absorption, finishes, and pre-sales/pre-leases
- Loan covenants, what they are and why they matter
The Complete Bundle


$349
(One-time purchase for 3 months course access + guides download)
- Best value, includes all 9 of our products as one bundle
- Modeling course subscription does not automatically renew after 3 months
- You get to keep each guide forever once downloaded
The Complete Bundle


$349
(One-time purchase for 3 months course access + guides download)
- Best value, includes all 10 of our products as one bundle
- Modeling course subscription does not automatically renew after 3 months
- You get to keep each guide forever once downloaded
Modeling Course Subscription

$49
(per month)
- Necessary skills for any undergraduate or junior professional interviewing for ANL/ASO roles in REPE
- Monthly access to ever-expanding catalogue of educational video lectures
- Learn from industry veterans with >$15B direct asset-level acquisition and public M&A experience
- Model from scratch, develop fluency with must-know corporate finance fundamentals
- Learn Excel tips, tricks, and shortcuts to move lightning fast through any case study or investment model
- Develop an investment thesis from raw data used by true REPE professionals
- Access to the “crash course” REPE Starter Kit (~2hrs video content)
- Access to the “deep dive” Breaking Down REPE Course (~7hrs video content)
ANALYST EXCEL TEST

$30
(one-time purchase)
- Real Life Analyst Excel Test with 47 questions across three sections that takes roughly two hours to complete
- Sections include Rent Roll Analysis, Deal Analysis, and Cash Flow Modeling
- Practice the top ways that firms test analyst candidates during interviews (covers both Excel knowledge and real estate knowledge)
- Comes with two Excel files:1 with questions and 1 with questions & answers; practice on the first one and then check your work with the second
- Test follows UK real estate modeling conventions/industry terms , but the differences between UK and U.S. real estate terms are noted (most concepts are the same)
- After spending time with this resource you’ll be ready for any Excel test that comes your way!
Technical Interview Guide

$99
(one-time purchase)
- 41-page technical interview guide, learn to:
- Demonstrate fluency with each major sector and their core strengths and weaknesses
- Thoroughly explain the relationship between cap rates and risk
- Quickly compare and contrast two investment opportunities regardless of sector or geography
- Manipulate accounting and financial metrics common in real estate private equity
- Convincingly highlight the merits of investing in real estate
- Analyze and recommend the appropriate credit strategy for any particular deal
- Intelligibly discuss the intricacies of development underwriting
- Unique PDF download that you keep forever, purchase grants access to updates and revisions for one year
Mental Math Guide

$30
(one-time purchase)
- 10-page Mental Math Guide with 20 real estate finance questions that are commonly asked in technical interviews for real estate firms
- Detailed explanations that show you how to approach these questions and explain the underlying concepts
- Supplement to our Technical Interview Guide, which covers real estate interview questions more broadly
- Material includes unlevered and levered IRR, cash-on-cash return, multiple on capital, comparing risk and return across deals, etc.
- Guide also comes with a useful real estate returns calculator in Excel so that you can easily check your work
- After working through this guide you’ll be fully prepared you to ace any technical question that requires quick thinking or mental math
Apartment Case Study

$30
(one-time purchase)
- Real life apartment case study adapted from case studies at actual real estate firms
- The case has two sections: Section 1 tests your modeling skills and knowledge of real estate KPIs and Section 2 tests your ability to think through an investment decision
- The answer key includes both a completed acquisition model in Excel and written answers to the case questions
- After completing this case you’ll be very well prepared for any case study that is part of your interview process!
Shopping Center Case Study

$30
(one-time purchase)
- Real life shopping center case study produced from an actual shopping center acquisition (note: tenant names & location are changed for confidentiality)
- The case has two sections: Section 1 tests your modeling skills and knowledge of real estate KPIs and Section 2 tests your ability to think through an investment decision
- The answer key includes both a completed acquisition model in Excel and written answers to the case questions
- After completing this case you’ll be very well prepared for any case study that is part of your interview process!
UK Case Study

$30
(one-time purchase)
- The UK Case Study is adapted from an actual deal reviewed by UK-based real estate private equity firm
- The case focuses on the redevelopment of a prime office building in London, using UK real estate modeling conventions, which vary from US modeling norms
- The case has two sections: Section 1 tests your ability to construct a complex real estate redevelopment model and Section 2 tests your ability to manipulate the model and assess the investment opportunity
- The answer key includes both a completed acquisition model in Excel and a written answer key with suggested answers to the questions
- After completing this case you’ll be very well prepared for any case study that is part of your interview process!
Sector Series Guides

$30
(one-time purchase)
- Three guides (5-10 pages each): detailing the following sectors — Multifamily, Single-Family Rental, and Office (more coming soon…)
- Each guide is part sector primer and part sector update, detailing the fundamentals and the latest trends in the sector
- Data-First Philosophy: all narrative themes supported by data from industry-leading sources
REAL ESTATE LENDING GUIDE

$79
(one-time purchase)
- 36-page guide on commercial real estate lending, written by industry insiders with decades of experience
- Guide follows the prototypical life of a real estate loan, from origination, to deal underwriting, to asset management
- Detailed overview of the capital stack, including the risk and return profiles of each component
- Overview of senior debt characteristics and common types of senior lenders
- Description of the loan origination process, including a review of the key lender roles: relationship manager, underwriter, credit officer, and loan operations
- Review of the loan underwriting process in detail, including a framework for evaluating risk
- Overview of the loan asset management function after a loan has been closed, including potential remedies if a loan defaults
Construction Loan Guide

$79
(one-time purchase)
- 53 pages step-by-step detail on how a lender originates, underwrites, and administers a large scale construction loan
- Real-world case study with self-study quizzes for each section, with additional 11-page answer key
- The capital stack, its typical components, and repayment priority
- Typical construction lenders, including commercial banks and government sponsored entities
- What a lender looks for in a borrower, including who they are, their experience, and their finances
- What a guarantor is, why they are required, typical guarantee structures, and their importance
- The typical sources of repayment in a construction loan and how they are evaluated
- How a lender evaluates loan collateral including location, absorption, finishes, and pre-sales/pre-leases
- Loan covenants, what they are and why they matter
ANALYST EXCEL TEST

$30
(one-time purchase)
- Real Life Analyst Excel Test with 47 questions across three sections that takes roughly two hours to complete
- Sections include Rent Roll Analysis, Deal Analysis, and Cash Flow Modeling
- Practice the top ways that firms test analyst candidates during interviews (covers both Excel knowledge and real estate knowledge)
- Comes with two Excel files:1 with questions and 1 with questions & answers; practice on the first one and then check your work with the second
- Test follows UK real estate modeling conventions/industry terms , but the differences between UK and U.S. real estate terms are noted (most concepts are the same)
- After spending time with this resource you’ll be ready for any Excel test that comes your way!

Real Life Analyst Excel Test with 47 questions across three sections that takes roughly two hours to complete Sections include Rent Roll Analysis, Deal Analysis, and Cash Flow Modeling Practice the top ways that firms test analyst candidates during interviews (covers both Excel knowledge and real estate knowledge) Comes with two Excel files:1 with questions […]
10-page Mental Math Guide with 20 real estate finance questions that are commonly asked in technical interviews for real estate firms Detailed explanations that show you how to approach these questions and explain the underlying concepts Supplement to our Technical Interview Guide, which covers real estate interview questions more broadly Material includes unlevered and levered […]
The UK Case Study is adapted from an actual deal reviewed by UK-based real estate private equity firm The case focuses on the redevelopment of a prime office building in London, using UK real estate modeling conventions, which vary from US modeling norms The case has two sections: Section 1 tests your ability to construct […]
Real life shopping center case study produced from an actual shopping center acquisition (note: tenant names & location are changed for confidentiality) The case has two sections: Section 1 tests your modeling skills and knowledge of real estate KPIs and Section 2 tests your ability to think through an investment decision The answer key includes […]