Real estate debt fund modeling case studies + interviews

Interviewing for a few associate level roles at real estate debt funds on their originations/underwriting teams. Does anyone have any case studies they completed that they can share and what kind of technical questions should I expect in an interview?

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Interviewed for a bit before, don’t have the model, but it was pretty standard. A lot is actually still standard repe to check the assumptions of the sponsor model.

Honestly, there’s not many resources out there for re debt, but from everything I’ve bought online, I found realestate interviewing (dot)com to be the most useful for my interviews, good review materials imo. Hope that helps.

 
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In my experience they are pretty easy, had no issue with KKR, ACORE to name a few. Just know how to model PIK financing and do index match match to make things dynamic, etc. I will say, it’s very important to interview consistent and to know markets like the back of your hand.

I started at a very technical, modeling heavy place that would go very deep into assumptions so I had more troubles with verbal parts.

 

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