Introduction This is part three in a real estate private equity case study series in which I take you through my underwriting process. In part one, we decided to analyze a $350M 4.0% 2029 notes issuance by Life Storage Inc. (NYSE: LSI), a self storage REIT. In part two, we went on a hunt for […]
Live Case Study #1, Part Three: Build the First Draft of our Model Read More »
Introduction Leveraged Breakdowns teaches real estate private equity for beginners. That’s why we provide materials such as our flagship course Breaking Down REPE and even our free real estate private equity case study. This particular series focuses on the types of questions you might face during a real estate private equity interview. Today’s lesson focuses
REPE Interview Prep: Debt Seniority, CMBS, and Recourse Read More »
This series serves as a real estate private equity guide for live interviews. The response to each question is phrased exactly how we would recommend you respond during a live interview. After reading this article, you will have a high-level understanding of two concepts that are likely to appear on any real estate private equity
REPE Interview Prep: Waterfalls and Sensitivities Read More »
What exactly is a real estate investment case study? It’s basically a story problem like you had in algebra class. But instead of a train leaving Chicago going west at 45 mph, we have a building that is leased to Walgreens for 45 years. A case study is a set of facts that are used
Using Real Estate Investment Case Studies To Sharpen Your Skills Read More »
Introduction This post is step two in our solution to the very first real estate investment case study challenge. This case is exemplary of a one-hour, on-site, asset-level real estate private equity interview case study. If you haven’t yet, go back to the original prompt and then the solution step one before reading this post.
Real Estate Investment Case Study Challenge #1: Solution Step 2 Read More »
Introduction This post covers the solution to our inaugural real estate investment case study challenge. You may download the solution here. Submissions were due April 30, 2019. Because practice makes perfect, you should first actually try solving this simple real estate investment case study on your own. The original forum thread is a great resource
Real Estate Investment Case Study Challenge #1: Solution Step 1 of 3 Read More »
Solution This challenge is over! Nevertheless, you should be able to knock this out pretty easily if you are interviewing for real estate private equity jobs. You may download the solution here. The solution walkthrough begins in this post. Continue reading for the prompt and judgment criteria — this post is important before starting the