Based on the most helpful WSO content related to interviewing for roles in finance, including internal capital markets roles, case studies can vary widely but generally aim to assess your analytical, financial modeling, and decision-making skills. While the context provided doesn't specifically mention real estate capital markets, we can infer from similar finance roles what you might expect:

  1. Financial Modeling Test: You might be given a scenario related to financing a fund's positions in real estate. This could involve creating a model to evaluate different financing options, such as debt or equity, and their impact on the fund's returns. You'll likely need to demonstrate your ability to use Excel efficiently and accurately.

  2. Analysis of a Real Estate Investment: A case study might present you with a potential real estate investment opportunity. You would be asked to analyze the investment, considering factors such as market conditions, property valuation, cash flow projections, and financing options. Your task would be to recommend whether the fund should proceed with the investment and how it should be financed.

  3. Presentation: After completing your analysis, you might be asked to present your findings and recommendations to a panel. This tests not only your analytical skills but also your ability to communicate complex information clearly and persuasively.

  4. Due Diligence and Risk Assessment: Part of the case study could involve assessing the risks associated with a real estate investment or financing option. This might include market risk, credit risk, or operational risk. You would need to identify these risks and suggest ways to mitigate them.

Remember, the key to success in these case studies is not just your technical skills but also your ability to think critically and make well-supported recommendations. It's also beneficial to be familiar with the current trends in the real estate market and understand the fund's strategy and objectives.

While this response is based on general practices in finance interviews, it's always a good idea to seek out more specific information about the firm and role you're interviewing for, as expectations can vary.

Sources: Private Credit Case Study, Interviewing For Infrastructure Investment Roles, Q&A: Corporate Banking to FAANG CD, Interviewing For Infrastructure Investment Roles, CVC Capital Partners case study - Investment team

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

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