REFAI Certification (new REFM course from Linneman)

Hello, and thank you in advance for any feedback --

There is a new, or at least I believe it's new, course from REFM/Linneman called the Real Estate Finance And Investments (REFAI) Certification. It is $1499. Pricey, but the course looks intensive and useful.

Anyone have any insight on the course?

About Me: 1.5 years into corporate real estate job for entertainment company. Primarily leasing, some acquisition work, not much underwriting. I have taken REFM, but want to learn more about RE financial analysis.

Real Estate Modeling Course

  • Real-life RE Modeling Tests from actual Interviews
  • Various asset classes including multi-family, commercial and more
  • Huge discount - until more tests and cases added

Comments (11)

Sep 22, 2019 - 4:09pm

Not sure if you got an email about it, but they had a webinar on it earlier this week:…

I'm looking into the program as well. I haven't taken the REFM courses, but I have the textbook. I looked through the two sample chapters that the site offers. I wasn't too impressed with their chapter 1 example, but the chapter 5 pro-forma walk-through seems pretty thorough. I'm tempted to go for it, mostly for the Linneman lecture videos actually.

Sep 23, 2019 - 2:24pm

FYI -- I purchased the course. They had and still have discounts to make the price easier to swallow.

So far, the course has been a great compliment to the Real Estate Finance and Investments textbook. If you're like me and need to have ideas reinforced via lecture/example, the course has done a great job of that so far.

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300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

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Dec 9, 2020 - 1:19pm

REFAI is a game changer. If you come from a liberal arts background or are trying to break into the industry, this is a great solution for catching up to speed and developing new skills. Linneman and Kirsch do a great job balancing academic theory with professional insights, and they effectively lead you from fundamental concepts through advanced financial modeling practices. I strongly recommend this program for real estate club members, summer interns, new professionals, and anyone trying to take their understanding of real estate to the next level. 

PS -- if you are a freshman/sophomore and can't find an internship, find a remote job somewhere cool ( and complete this program. You'll learn way more than doing grunt work, will hopefully walk away with a great life experience, and will crush interviews the next time around. Feel free to PM me for more details 

Dec 9, 2020 - 7:21pm

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