Real estate Investments Interview

Hi,

I have a super day coming up for a real estate investments internship, which also has an excel test. I feel like I know my technicals decently but still want to be as prepared as I can be. Does anyone have any advice / past experiences they could share? I have never had a super day or an excel test in an interview before, so I’m in new territory. Anything would be really appreciated. Thank you.

8 Comments
 

Analyst 1 in IB-M&A:

Type of firm?



Would just expect some friendly interview questions asking u why job why re why firm, and then maybe a conversation about the market and ur past experiences.


Thanks for the reply. It’s a real estate investments firm that is mainly multifamily focused. If you have any tips of technical topics that might be covered I’d really appreciate it. I’ll make sure to have my why job/ why firm questions covered.

 

I doubt there will be a lot of hard technical stuff, maybe just walking to NOI and cap rates. Understanding the market and being able to talk about real estate probably more important.

 

Analyst 1 in IB-M&A:

I doubt there will be a lot of hard technical stuff, maybe just walking to NOI and cap rates. Understanding the market and being able to talk about real estate probably more important.


I hope so, thank you again!

 
Most Helpful

Behavioral: Why RE, Why this firm, why multi family versus other asset classes, tell me about a recent deal/where do you get your news, what kind of worker are you

More technical/market questions:
Where would you invest 100 mil(what asset class(es) and market), given cap rate is 5% and NOI is 100,000 what is the property value, what is NPV/IRR and how are they related in property valuation, calculate NPV with given stats, two identical buildings are next to each other why might one be worth more than the other, what are current trends in the market

In all of my interviews, these are pretty much the only technicals I have been asked (most I've been asked is 3 in 1 interview which is way more chill than IB, PE, etc). I've have had a few RE super days and they have all been pretty chill, but definitely depends on the firm because some will enjoy grilling you and some don't find value in that and just want to get to know you. Depending on the firm, it may be very behavioral (had a super day last month where all of the interviews just read behaviorals from a book for 2 hours. Brutal). Feel free to PM and good luck!

 

sillybilly:

Behavioral: Why RE, Why this firm, why multi family versus other asset classes, tell me about a recent deal/where do you get your news, what kind of worker are you



More technical/market questions:

Where would you invest 100 mil(what asset class(es) and market), given cap rate is 5% and NOI is 100,000 what is the property value, what is NPV/IRR and how are they related in property valuation, calculate NPV with given stats, two identical buildings are next to each other why might one be worth more than the other, what are current trends in the market



In all of my interviews, these are pretty much the only technicals I have been asked (most I've been asked is 3 in 1 interview which is way more chill than IB, PE, etc). I've have had a few RE super days and they have all been pretty chill, but definitely depends on the firm because some will enjoy grilling you and some don't find value in that and just want to get to know you. Depending on the firm, it may be very behavioral (had a super day last month where all of the interviews just read behaviorals from a book for 2 hours. Brutal). Feel free to PM and good luck!


This is incredibly helpful thank you. The firm is Canadian - 2 hour behaviourals sounds horrible. Thanks again for the help!

 

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