Mortgage REIT (mREIT) Financial Modeling

What is the best way for hands on practice with the debt side of modeling, particularly commercial RE debt? I recently purchased BIWS - they have a section on REITs but their financials differ from the debt side I'm looking for.

Has anybody had luck with this? Would the FIG modeling suffice (just taking external considerations of LTV, collateral)?

Thanks very much in advance for the considerations. I haven't seen a WSO thread on this so hoping it helps others in my position.

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Real Estate Career Roadmap (optional)

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“Nick was fantastic. He didn’t just glance at my resume and give me generic advice—he explained exactly why it wasn’t telling the story I wanted it to tell, then helped me figure out how to fix it. He pushed me to be more intentional about how I talk about my experience and gave me concrete steps to prepare for interviews, from tailoring my resume to practicing financial modeling. I also appreciated how candid he was. When I asked about real estate capital markets versus sales and trading, he gave me his honest opinion while being clear about his own perspective. He shared interview guides, answered all my questions, and offered to do a more detailed mock interview if I move forward with JLL. I left with a lot of work to do, but also a much clearer idea of how to do it. I’d absolutely recommend talking with Nick.”

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