Part one of this series covered the basics of accounting: (i) the three most common financial statements, (ii) major line items on each financial statement, and (iii) how the three statements flow together. This article extends those lessons to focus on: (i) the nuances of the direct and indirect method of the cash flow statement, […]
REPE Interview Prep: Accounting and Financial Statements, Part Two Read More »
One of the greatest lessons we have learned in our REPE careers is that you never actually “arrive.” There is never a point when you can say with any confidence that there is nothing left to learn and you actually have things figured out. This points to a critical real estate private equity skill: continuous
Real Estate Private Equity Skills: Continuous Improvement Read More »
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 »
When you hear talk about the waterfall, understand that this simply means how the profits are divided between the parties involved in the deal. Generally this means how profits are split between the GP (General Partner, your employer) and the LPs (limited partners, or investors in the deal). But in some instances, there may be
Real Estate Private Equity Model 101: The Waterfall 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 »
This post kicks off our series on real estate private equity for beginners. Here, we focus on most important financial statement in real estate private equity: the trailing twelve month operating statement. You may also know this statement simply as “the TTM” or “T12.” Either way, understanding the T12 is a fundamental real estate private
Real Estate Private Equity for Beginners: T12 Financials Read More »