Becoming a competent real estate analyst

I've got a new job at one of the big CRE names as a research analyst. I'm coming from a more general equity/multi asset research background so I don't have particularly detailed knowledge on real estate.

Does anybody have recommendations for books or a framework that could help me get up to speed quickly? The product type is completely open at this point, and on a wider level I'll need to analyse cities and regions for investment potential too.

Thanks!

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Research as many transactions as possible and develop a comp database. Will help you identify basic trends and familiarize yourself with the major players in the market.

 

I graduated with a Finance degree and did equities research in college. I came into my CRE analyst job knowing basically nothing about real estate. It took me a good 6-8 months to have an understanding of the entire deal process/ familiarize myself with the lingo. I'm 2 years in now and I still learn something new everyday, Investopedia helps a lot.

I would suggest trying to find some OM's/ Financing Packages form the big boys and try to wrap your head around it. In my opinion, the modeling can get complicated on certain deals, but all in all, the modeling is not that hard, it just takes practice.

Good luck man, God speed.

 
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