The Real Estate Development Modeling Master Class

Descripción

Welcome to The Real Estate Development Modeling Master Class! This course will walk you step-by-step through building a complete, institutional-quality real estate development model for ground-up construction projects. And at the end of the class, you’ll have a complete, dynamic pro forma template that you've built from scratch in Excel. My name is Justin Kivel, and throughout my career, I've worked on over $1.5 billion of closed real estate investment transactions, working for and with some of the largest real estate investment, brokerage, and lending firms in the world. And through the Break Into CRE coursework, I've also taught over 100,000 students real estate financial modeling and analysis. This course was designed to be a practical, step-by-step guide to building a real estate development model from scratch in Excel, even for someone without years of experience in the real estate industry. And at the end of the class, you'll have a fully functional, dynamic, institutional-quality development model that you've created. So whether you're a real estate entrepreneur looking to build out a model to analyze your own development projects, or you're trying to land an analyst or associate role at a top real estate development firm, this course will give you the confidence and the skills you'll need to take your career to the next level. At the end of this course, you'll be able to: • Build an institutional-quality, dynamic real estate development model from scratch in Excel • Utilize Excel shortcuts and hotkeys to improve your modeling speed • Modify and customize existing real estate development templates to analyze different scenarios • Model key investment metrics including stabilized yield on cost, IRR, and equity multiple • Build a dynamic construction budget using an "S-Curve" framework • Model dynamic lease-up revenue and expenses that change automatically as construction timelines change • Build out floating-rate construction loan draws, dynamic equity draws, and permanent take-out financing to model the financing of a development deal Here's what some of our students have had to say: ★★★★★ "I have taken other RE Development courses and they were over-complicated and hard to follow, this course was just the opposite. As with all his other courses, Justin delivers a clear and easy to follow lesson, making him easily the best Real Estate modeling instructor on the internet. I honestly bought this course within 3 minutes of its release, and it was worth every penny.” ★★★★★ "I've been in CRE valuation, investment sales brokerage, and realty capital for over 30 years, and I've never taken a class with this much detailed content. Justin not only crushes this course, but more importantly pulls back the curtain on how institutional investors view and model their deals. You'd have to work at an institutional PE or CRE firm for years to learn what he is offering here. It's not an easy walk but if one can master this content, you can size and model anything in the CRE universe. Congrats, Justin - job well done!" ★★★★★ "Another flagship course by Justin! First, it's all about the thoroughness of the course design (takes me step-by-step). Second, and more importantly, Justin keeps the communications going with his students. I am experiencing this myself and you could verify this by how many I post in the Q&A section, and how many got answered. I don't get this treatment often." ★★★★★ "Something that I've been looking for for a long time! I feel like I understand how to approach almost any RE modeling going forward." ★★★★★ "I've taken several real estate financial modeling courses to improve my skill level for my job. This is by far the best I have taken. Everything is taught step by step with clear instruction and explanations of formulas." ★★★★★ "Another great course taught by Justin, this was filled with many in depth excel modeling techniques to implement when forming a development model. Trying to break into CRE finance/ development can be tough and these skills can really give you an upper hand on the competition. Thanks!!" If you’re ready to get started building your development model with me, I’d love to have you in class - go ahead and click that "Buy Now" button, and I’ll see you on the inside of the course!

Lo que aprenderás

• How to build dynamic, institutional-grade real estate development models from scratch in Excel
• How to model construction loan draws and equity funding to finance ground-up development projects
• How to model dynamic revenue and expense projections during the lease-up of a newly built development project
• How to model construction budget cash flows over time to reflect projected costs during a development project

Requisitos

• Access to Microsoft Excel for Windows or Mac, Mac Numbers, or Google Sheets
• A basic understanding of real estate finance terms and calculations is recommended