Real Estate Financial Modelling School
Course
In London
Start this complete training and progress professionally!
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Type
Intensive workshop
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Level
Advanced
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Location
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Class hours
33h
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Duration
5 Days
Real Estate Financial Modeling School, which we present at Emagister, is an intensive week elaborately prepared to teach the best practices for making flexible and solid cash flows in Excel. This school combines three of our courses: Real Estate Analyst, Real Estate Investor and Real Estate Modeling Masterclass.
All courses are related to each other to provide a complete understanding of the subject using Excel. This course will help you to know how to implement cash flows in excel throughout the week. In the first two days, you will learn how to do to develop income functions and net operating income. We will teach you how to value and evaluate investments in properties and analyze the results.
On the third and fourth day, you will know how to model and analyze development projects using cash flow and residual methods. It will show you how to interpret and compare alternative performance metrics, such as profit and cost, profit-equity multiples, net present value, value, and internal rate of return. You will also learn to model the cash flow of different areas of offices, stores and leisure.
On the fifth day, debt structures will be discussed, as well as joint ventures and company financing. You will also learn how to implement the full spectrum of risk analysis from sensitivity to Monte Carlo.
Are you interested in this course? Do not hesitate to request more information in Emagister to know all the details and to enroll.
Important information
Documents
- Rel Estate Financial Modelling School.pdf
Facilities
Location
Start date
Start date
Start date
About this course
Implement cash flows in excel throughout the whole week.
In the first two days you will learn how to develop rent functions and net operating income. We will show you how to value and appraise property investments and analyses the results.
On the third and fourth day you will learn how to model and analyse development projects using both residuals and cash flow methods. It will show you how to interrogate and compare alternative return metrics such as profit-equity multiples, profit and cost, net present value, worth and internal rate of return. You will also learn how to model cash flow from different sector office, retail and leisure.
On the fifth day debt structures will be covered as well as joint ventures and partnership financing. You will also learn how to implement the full spectrum of the risk analysis from sensitivity to Monte Carlo.
Real Estate professionals at any level with exposure to real estate financial models on a frequent basis
Junior or new Real Estate Analysts who would like to start building their own real estate models quickly, rather than relying solely on coaching from existing team members
Mid-level to senior Real Estate Analysts
Real Estate Managers who would like to gain an understanding of the dynamics of debt and financial return fluctuations in more detail
Property industry modellers who would like to be fully proficient in building complex financial models
The CPD Accreditation
We received your request and will get back to you with a response as soon as possible.
If you have any further questions, please contact us by email: R.Augustiniene@bayfieldtraining.com
Reviews
Subjects
- Excel
- Cash Flow
- Financial Modelling
- Property
- Real Estate Investor
- Real Estate Analyst
- Real Estate Modelling Masterclass
- Analysis and use of date series
- Sensitivity Analysis
- Development appraisals
- Date series
- Net Present Value
- Retail & leisure
- Phased asset sales
- Development Finance
- Cash Flows
- Monte Carlo Analysis
- Risk adjustment
- Exit yields
- Structure calculations
Teachers and trainers (1)
Bayfield Training
Proviider
Course programme
Know how to build a property asset cash flow, analyse geared, and un-geared IRRs.
- Term & Reversion and Layer Method Valuation (Intro to Excel)
- Equivalent Yield (Solver, Scenario and Goal Seek functions)
- Single-Let Discounted Cash Flow
- Cash Flow inputs (Rents, Yields, Growth Rates, Target Returns)
- Analysis and use of date series
- Internal Rate of Return (IRR) and Net Present Value (NPV)
- Comparing Value, Price and Worth
- Adding borrowing and analysing geared returns
- Introducing Rent Reviews and other ‘events’ into cash flows
- The ‘Rent Function’ concept and Logic functions (IF,OR,AND)
- Sensitivity analysis
Day Two
Know how to build a multi-let property cash flow and apply the concepts on a real case study.
- The ‘Rent Function’ and Multi-let cash flows
- The ‘date problem’ and assumptions in property asset cash flows
- Reducing the rent function, intermediate calculations and modelling theory
- Modelling lease expiries, break clauses, voids, and upward only covenants
- Incorporating time-varying rental growth rates
- Analysing multi-let cash flows to see if the leases are sufficiently diversified
- Further IRR analysis (XIRR, MIRR)
- Case Study
Day Three
Real Estate Investor I
- Modelling international variations in real estate income streams i.e. Includes indexation patterns, rent caps, discounts / premiums to indexation, rent free periods, as well as how to deal with costs during vacancy
- Modelling sector variations in real estate income streams i.e. Office versus industrial, retail & leisure
- Further senior debt covenants
- Advance Rent Function techniques to manage feature rich lease structures
Day Four
Real Estate Investor II
- Introduction to development appraisals
- Residual models, site and profit calculations
- Development cash flows versus Investment cash flows
- Introduction to straight line versus S-curve costing
- Phased asset sales in development appraisals
- Discounting development cash flows
- Complimentary return metrics for development appraisals
- Introduction to development finance
Day Five
Real Estate Modelling Masterclass
- Mezzanine debt modelling
- Joint Venture structures between developers and lender/equity partners
- Promote and profit share structure calculations
- Advance project cash flows with mezzanine debts
- Key Real Estate and investment risks, risk adjustment of exit yields
- Sensitivity and Scenario Analysis
- Monte Carlo Analysis
Additional information
Real Estate Financial Modelling School