Internship

Based on the most helpful WSO content, here are some insights and tips for your last-round interview with Hudson Advisors for a CRE internship:

1. Technical Questions: Since the role sounds like a REPE summer analyst position, you should prepare for common real estate technicals. Examples include:

   • Cap rate calculations and differences between going-in cap rate vs. terminal cap rate.
   • Understanding LTV (Loan-to-Value), DSCR (Debt Service Coverage Ratio), and DY (Debt Yield).
   • The three main valuation methods: income approach, sales comparison approach, and cost approach.
   • Market cycle questions, such as "Where do you think we are in the CRE cycle?" or "What sectors are you bullish or bearish on?"

2. Behavioral Questions: Be ready to discuss:

   • Why CRE and why Hudson Advisors specifically.
   • Your strengths, weaknesses, and examples of teamwork or leadership.
   • Times you succeeded or failed and what you learned from those experiences.

3. Case or Scenario-Based Questions:

   • You might be asked how you would invest $100 million in real estate or to pitch a market/asset type.
   • Be prepared to justify your choices with data or trends.

4. General Tips:

   • Practice your answers to common questions daily, as one WSO user mentioned doing during their preparation for CRE interviews.
   • Be confident in your technical knowledge and ensure your answers are clear and concise.
   • If asked about your past experience, tie it back to real estate, even if it’s not directly related.

For more detailed examples and preparation strategies, you can explore threads like https://www.wallstreetoasis.com/forum/real-estate/analyst-interview-com…</a">Analyst Interview - Common Questions or https://www.wallstreetoasis.com/forum/real-estate/my-8-month-real-estat…</a">My 8-month real estate finance internship journey. Good luck!

Sources: https://www.wallstreetoasis.com/forum/real-estate/my-8-month-real-estate-finance-internship-journey-some-general-thoughts-on-nyus?customgpt=1, My 8-month real estate finance internship journey + some general thoughts on NYU's MSRE, Analyst Interview - Common Questions, Collegiate Real Estate Network | Summer Internship Supplement Series, Analyst Interview - Common Questions