starwood affordable housing am

Based on previous WSO threads, here are some insights that might help you prepare for an interview with Starwood's affordable housing team:

1. Behavioral Questions:

   • Expect questions about your motivation for working in real estate private equity (REPE) and specifically in affordable housing.
   • Be prepared to discuss your previous experiences, particularly any that relate to real estate, finance, or affordable housing.

2. Technical Questions:

   • You might encounter questions similar to those asked in other Starwood Capital interviews. For example, you could be asked to calculate the Cash on Cash return for a property or to build a simple acquisition pro forma.
   • Be ready to discuss key financial metrics such as levered and unlevered equity multiple, IRR, and CoC Yield.

3. Industry Knowledge:

   • Stay updated on major deals and trends in the affordable housing sector. This could include recent policy changes, market dynamics, and notable transactions.
   • Understanding how the tax overhaul impacts REPE, particularly in the context of affordable housing, could be beneficial.

4. Networking and Preparation:

   • Utilize any contacts you have within the industry to gain insights and advice. Previous WSO threads highlight the importance of networking and leveraging connections for interview preparation.
   • Practice common interview questions and review relevant financial models to ensure you are well-prepared.

For more detailed information, you might find it helpful to explore related threads on Wall Street Oasis, such as the "Q&A: Affordable Housing Acquisitions" thread.

Sources: S&T Recruitment 2011: An Applicants Story, Starwood Capital interview, help, Q&A: Affordable Housing Acquisitions, UG Recruiting Part II: The first round interview, Starwood Acquisitions Summer Internship Questions