Commercial Real Estate Interview Help
I have been talking to a commercial real estate group in the debt space (mezzanine financing and structured debt) regarding a junior level opening.
My previous conversations with the group have been mostly behavioral, but I assume at some point during my interview process I will face more technical questions.
I've brushed up on my 3 financial statements, how they link, etc., but what else should I prepare for that may be more exclusive to real estate lending/credit?
Also, does anyone have any suggestions for why someone would want to be in real estate on the debt side rather than equity? I have my own thoughts on this, but would like to hear some other ideas.
I look forward to some insight.
Cheers,
ESid23
PM me an email and I'll send you a study guide I made which helped me land an offer at one of the top CRE lending groups in the US.
I expect a couple SB's :)
know how to do a DCF and model returns to the mezzanine / debt layers... also the various ratios (DSCR, ICR, LTV, etc...)
Here's an CMBS Primer from 2005, Morgan Stanley. The rates are outdated and there have been several changes to the industry but it's worth a read if you're looking at commercial real estate finance.
http://www.scribd.com/doc/48925008/CMBS-Primer-5th-Edition
Incidunt quia aperiam dolorum necessitatibus ratione soluta qui. Voluptatem voluptas velit qui ut. Nobis consequatur ab sequi libero. Non nisi mollitia assumenda labore totam. Esse velit autem aperiam dolores architecto. Sint sint itaque porro qui numquam aperiam repudiandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...