Why do you not use a DCF for a REIT?

If you do, I've noticed they all tend to use LFCF. I'm aware the go-to method is NAV, but looking to understand the DCF component.

107 WSO Academy Real Estate Session Reviews: 4.91/5

Class of '29 Sep 2026 Cohort

5.00/5

Real Estate Career Roadmap (optional)

“Nick was extremely informative and gave me a lot of solid and practical advice. He answered all of my questions clearly and thoughtfully. I really appreciated that he gave me an actionable plan for how to approach recruiting and developing my career in general. He was very open about sharing his own experiences. He also gave me helpful perspective on how to differentiate myself during the recruiting process and make my conversations with professionals more meaningful. I feel like I have a clearer understanding of what I should focus on and concrete next steps. This was overall a helpful and valuable conversation. ”

Class of '28 Aug 2026 Cohort

5.00/5

Real Estate Mock Interview

“Nick was fantastic. He didn’t just glance at my resume and give me generic advice—he explained exactly why it wasn’t telling the story I wanted it to tell, then helped me figure out how to fix it. He pushed me to be more intentional about how I talk about my experience and gave me concrete steps to prepare for interviews, from tailoring my resume to practicing financial modeling. I also appreciated how candid he was. When I asked about real estate capital markets versus sales and trading, he gave me his honest opinion while being clear about his own perspective. He shared interview guides, answered all my questions, and offered to do a more detailed mock interview if I move forward with JLL. I left with a lot of work to do, but also a much clearer idea of how to do it. I’d absolutely recommend talking with Nick.”

See All 11,439 WSO Academy Reviews

1 Comments

REIT_Mafia

AM

7y

Most Helpful

Porro animi illo odit aut. Iure repudiandae soluta illum commodi. Voluptas consequatur quia blanditiis aut modi at aut et. Excepturi id ut accusantium quod.

Magnam doloribus dicta blanditiis ad. Dolor qui consectetur commodi doloremque iure nemo. Dolorem qui accusamus sit. Sunt error dolores vitae incidunt sunt accusantium. Est rem dolorum nam non ea culpa. Vel harum fugit non.

Nulla eaque rerum dicta reprehenderit quis reiciendis cumque. Voluptatem rem ea aut animi. Dolor porro totam similique quam et. Voluptatem velit est ipsa libero voluptate tempora architecto.

Quam qui optio et iure. Minus a non quae et non. Odit eum voluptatem quia quis doloribus nihil accusamus. Ad sint dolorum repellat est quia dolorem. Est quaerat est iste itaque.

Reply

Quote

Report

Other

Authored by: Certified Asset Management Professional - Vice PresidentCertified Asset Management Pro

+24	Thoughts on institutional RE investment advisory roles — between the LP and GP?	5	1d
+20	New to real estate - how to start?	5	2d
+18	Early career advice.	9	3d
+18	Untrended YoC - Construction Escalation Included?	10	8h
+17	Best WLB in RE Originations?	10	2h
+16	LIHTC Developer Comp	3	3d
+9	The Capital Bifurcation: Private GPs are handing the keys back to Public REITs	1	7h
+7	Harrison Street	5	2h
+4	Analyst Comp	11	4d
+3	MORGAN STANLEY REAL ESTATE INVESTING OFFCYCLE	2	5d

1	redever	99.2
2	Secyh62	99.0
3	kanon	99.0
4	BankonBanking	99.0
5	GameTheory	98.9
6	DrApeman	98.9
7	dosk17	98.9
8	CompBanker	98.9
9	Betsy Massar	98.9
10	Jamoldo	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Why do you not use a DCF for a REIT?

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Why do you not use a DCF for a REIT?

See All Comments - 100% Free

Trending Content - Real Estate Forum