Real Estate Fund Modeling

What the best method for modeling a FOF hypothetical?

A) utilize the the 1, 3, and 5 yr average net return of the underlying operators 

or

B) utilize assumptions of cash flow based on prefs and estimated appreciation of the underlying assets? 

i've modeled both methods and with A (using net return) and B (using IRR) the returns are within 15% of each other however the MOIC is very different. i also modeled in a refinance/recap of some sort in year 3 under method B. I know what i'm doing in application but am not an excel guru and am struggling to ensure i model the hypotheticals accurately to investors. any thoughts or feedback?

7 Comments
 

How the fuck are you launching a fund of funds without knowing the absolute basics. Fucking dumbass I feel bad for anyone that falls for your scam.

 

its a bit judgmental when you don't know me or what resources i'm able to pull together; everyone starts somewhere. Launching means learning and building the product accurately and properly before pitching. Just because excel isn't my skillset doesn't make it a scam. unless you have something to contribute go fuck yourself. 

 

Totam tempora at ut aliquam facilis. Vitae non eum voluptatem officia.

Debitis voluptatem facilis et rerum. Molestiae nisi amet voluptas unde delectus sed id. Id ea quaerat modi exercitationem dolorem aut qui. Quas facilis veritatis culpa doloremque repellat reiciendis ipsam.

Cum quisquam voluptas rerum et dignissimos. Quo dolor numquam aut tempore.

Vel ullam molestiae possimus dolor doloremque sed. Ipsum corrupti et voluptatum ipsam voluptatibus animi esse. Suscipit non rem impedit voluptate impedit provident qui accusantium. Delectus sint iure pariatur voluptates consequuntur ut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”