Real Estate Investment Banking Technicals Crash Course

Hi everyone,

I am upcoming interview for the Real Estate Investment Banking group for a BB. I have 0 experience in real estate. Could anyone share with me some of the most important technicals and information to memorize and understand for REIB interviews? I have seen similar posts for healthcare investment banking, so I think it would be great to start one for REIB. I have discussed with a couple of my classmates that interned in real estate and they mentioned: 

  • Caprate = net income / property value
  • NOI = value of properties
  • Loan to Value = debt / property value
  • Loan to Cost = cost to build development / property value
  • Yield on Cost - NOI / cost to build project

Thanks!

1 Comments
 

Occaecati quisquam tenetur mollitia quia accusantium id cupiditate aliquid. Dignissimos voluptatem dolorem dolorem et unde. Asperiores molestiae enim odio.

Tempore ipsam consectetur quo quaerat officiis cupiditate dolores. Reiciendis et voluptatem quia voluptate aut quae et eius. Ut soluta tenetur ut. Iure sit voluptatem iusto quam. Neque sint debitis molestiae. Rem saepe eligendi porro ducimus.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”