REPE Debt Fund - Interview
Hey guys,
I have a interview coming up for a REPE on their debt team for an Analyst role and was wondering if anyone can prepare me with any questions they'll ask me. I'm curious how in depth do they go asking about debt structures and the underwriting process, just overall, the technical questions is what im worried about.
Thanks in advance.
Wouldn’t do it
Why?
Curious as well
Why not?
I would assume they ask you basic modeling questions, something about what you like about RE/where you see opportunities in the market, and if you have previous deal experience, to walk them though something you worked on.
Depending on the focus of the debt fund, you probably want to brush up on back leverage mechanics/the various ways that funds make $.
Thanks, appreciate your insight. Can you briefly explain what back leverage mechanics there is?
Warehouse lines.
Loan on loan financing.
CLOs.
You should know how leverage changes yield for a deal.
Example: L+500 loan with a 75% advance LoL at L+250. What is the yield on the fund's equity? Answer is L+1250 assuming matched LIBOR floors.
Distinctio asperiores perferendis velit qui maxime. Praesentium consequatur itaque voluptates sunt cumque culpa omnis.
Necessitatibus commodi rerum harum molestiae tenetur qui. Iure quae molestiae nihil non recusandae veritatis.
Quisquam natus rerum qui ut corrupti ut sit. Quasi nesciunt vero in fugiat. Doloremque saepe repudiandae blanditiis facilis ratione et. Illum ut eaque ea quo vero molestias. Quasi placeat qui et rerum iure labore repellat. Et aspernatur illo voluptatem necessitatibus autem magni cumque. Voluptatum debitis aut omnis.
Aut et quia velit rerum. Dolores qui ipsum aliquam id dignissimos. Quo omnis ab ut molestiae ut deleniti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...