Leveraged Breakdowns

$0.00
0

REPE Career

Behavioral Real Estate Private Equity Interview Questions

Leave a Comment / Real Estate Private Equity Interviews, REPE Career / By

Behavioral vs. Technical Questions Real estate private equity interview questions can be generally categorized as technical or behavioral. Broadly, behavioral questions ask who you are (subjective/qualitative) and technical questions ask what you know (objective/quantitative). As with Liberal Arts versus STEM, the ways in which you are tested vary. Technical questions probe your mastery of a …

Behavioral Real Estate Private Equity Interview Questions Read More »

Public REIT Valuation Part Nine: Setting Up the NAV Build in Excel

Leave a Comment / Career in REPE, REPE Career / By

Introduction Welcome back to the REPE career development series series focused on building a public valuation model of Aimco. If you’re lost, part one is here. If you want my exact model, scroll down and click the download button; but you’ll need a course membership subscription first. However if you aren’t yet a member, this …

Public REIT Valuation Part Nine: Setting Up the NAV Build in Excel Read More »

Preferred Note Case Study, Part Five: Sensitivity Tables

Leave a Comment / Career In Real Estate Private Equity, REPE Career / By

As the old saying goes, expected returns increase as you move up in the capital stack. So why would anybody ever invest anywhere but the top of the capital stack with the highest returns? More specifically, why would the preferred investor accept a 16.3% LIRR when the common would receive 17.8%? The quick answer is …

Preferred Note Case Study, Part Five: Sensitivity Tables Read More »

Preferred Note Case Study, Part Four: Equity Schedules

Leave a Comment / real estate private equity interview questions, REPE Career / By

In the prior post, we built the cash flow waterfalls for this preferred note case study. If you’re just coming to this article, I suggest you begin at part one (this is part four). This post will focus on the preferred equity and common equity schedules. These schedules drive almost all of the waterfall logic …

Preferred Note Case Study, Part Four: Equity Schedules Read More »

Live Case Study #1, Part Five: Finish Our Model

Leave a Comment / real estate private equity interview questions, REPE Career / By

Introduction This series follows a live case study in which we underwrite the potential acquisition of a $350M 4.0% 2029 notes issuance by Life Storage Inc. (NYSE: LSI), a self storage REIT. If you haven’t yet, I suggest you begin at part one. This post picks up where part four left off: how to figure …

Live Case Study #1, Part Five: Finish Our Model Read More »

Keeping Your Cool When The Market Is A Hot Mess

Leave a Comment / Career In Real Estate Private Equity, Real Estate Private Equity Career Path, Real estate private equity interview question / By

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

Leave a Comment / Career In Real Estate Private Equity, Real Estate Private Equity Career Path / By

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 »

Construction Financing For REPE Beginners

Leave a Comment / Real Estate Private Equity, Real Estate Private Equity Career Path / By

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 »

Interview with a Real Estate Private Equity Acquisitions Analyst who Broke in from a Non-Target State School

Leave a Comment / Real Estate Private Equity / By

I am excited to share my interview with Chris, a real estate private equity (“REPE”) acquisitions analyst who broke into his investments role from a non-target state school. Trying to break into REPE? Subscribe to our free newsletter, and check out our course that distills years of insider knowledge to teach you the REPE investments …

Interview with a Real Estate Private Equity Acquisitions Analyst who Broke in from a Non-Target State School Read More »

Scroll to Top
Scroll to Top