Eastdil Interview
Hi everyone. I need some insights on how Eastdil conduct their interviews. I have some contacts over there and was invited to an informational interview with some of the executives and analysts. The process, according to one of them, starts late September. However, I was invited to a technical interview, thing is... it's via phone and I was told I don't need a computer for it.
1) walk me through each line item from GPR, EGI, to NOI. What does it mean when someone refers to "below the line" line items? What's an example of one?
2) what are the 3 ways to value real estate?
3) assume you buy a buying for a 10 cap and sell it for a 10 cap the next year with no rent growth. What's your IRR?
4) 14% IRR over 3 years or a 38% IRR over one year. Which one do you choose and why?
5) assume you buy a $100 building with 50% leverage. How much would you need to sell it to achieve it 2.0x equity multiple?