Have an upcoming real estate case study test. As I don't come from a RE background, is there a good source where I can get reasonable RE assumptions eg. Cap rate, LTV ratios, LTC ratios, vacancy rates etc.
My guess is to find a listed RE comparable in the industry and go dig their annual reports for information?
What if listed RE comparables aren't available (eg. niche RE industries)? What you then do?
Thanks!
| +48 | Being asked to stay behind and train my replacement | 14 | 3d | |
| +45 | New Comp Database - Google Form (Now with Data Validation) | 24 | 5h | |
| +30 | What does REPE actually do? | 12 | 1d | |
| +25 | Leave brokerage to be GP | 1 | 17h | |
| +24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 7h | |
| +24 | Public Homebuilders | 9 | 1d | |
| +22 | REPE/Development GPA | 15 | 1d | |
| +17 | MSRE/MSRED with no RE experience; Naive to think I’ll land a job afterwards? | 4 | 3d | |
| +16 | UC Berkeley MRED vs Columbia MSRED? | 2 | 5d | |
| +15 | Hospitality Finance - Perks? | 3 | 6d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Just get a brokers report (CBRE, JLL etc) online. They publish them quarterly
Hey PVHeaven,
Thanks for the suggestion about searching for data points from JLL,CBRE etc. Just wondering if you could help me with the following:
(1) Information like cap rates, LTV seem to be included in different research reports. Is there a website / document that summarizes all these key data points?
(2) If I can't find information (eg. vacancy rates or cap rates in UK) on the segment I am looking at from these major brokers, would it be acceptable to just pull them off Statista (https://www.statista.com/statistics/873455/london-office-vacancy-rates/)?
Thanks.
I'm not aware of a centralised database which is easily accessible to be honest, I'm based in Europe and cant think of any here. Otherwise, I'd imagine your case study will give you info on occupancy rates etc, but degardless they should be provided in the major broker's reports - maybe not on a quarterly basis but definitely in the annual reports, statista would also suffice
Do you have an idea of what the prompt will be? Case studies should give you sufficient assumptions so you can focus on answering the question(s).
Nope. The only thing HR told me was they were going to give me one of the live deals they were working on and will like an assessment of it. I had to sign an NDA. Not sure how much "help" I will get from the prompt.
If you can’t find it online....pick up the phone and call a capital markets broker. Ask them what they re seeing for LTV, LTC currently for this product type in X geography.
Et fugit qui consequatur non tenetur rerum dignissimos. Laboriosam quasi sequi labore magni ab. Provident molestiae ad ullam ab. Voluptas sunt dolorem veritatis enim illum.
Sed quia voluptatum id iure id. Sequi magnam labore qui minus. Ut dolore facilis qui soluta. Dolores saepe libero doloribus ea ipsum adipisci.
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...