Real Estate Financial Modelling School

Course

Online

£ 3,500 + VAT

Description

  • Type

    Intensive course

  • Level

    Advanced

  • Methodology

    Online

  • Duration

    5 Days

Real Estate Financial Modelling School is an intensive week meticulously designed to teach the best practices to create flexible and robust cash flows in Excel. This school combines three of our courses:

Real Estate Analyst
Real Estate Investor
Real Estate Modelling Masterclass
All of the courses are interlinked to give you a full understanding of the subject using Excel.

Important information

Documents

  • Rel Estate Financial Modelling School.pdf

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

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Subjects

  • Excel
  • Cash Flow
  • Financial Modelling
  • Real Estate
  • School
  • Property
  • Real Estate Analyst
  • Real Estate Investor
  • Real Estate Modelling Masterclass
  • Development appraisals

Teachers and trainers (1)

Bayfield Training

Bayfield Training

Proviider

Course programme

Day One

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

For more information visit - www.bayfieldtraining.com

Real Estate Financial Modelling School

£ 3,500 + VAT