Real Estate Case Study Interview
Hi all,
I have made it to the final round of a real estate development associate interview. The next step is to fly out, complete a case study, and present it to the partners. Anyone have any real estate development specific resources to recommend?
Case study consists of a generic project that I model and come to a conclusion on (invest or not invest), A summary sheet I prepare and present to the partners.
Any help would be appreciated
[{"id": "deffa83", "text": "Had to do this for an interview once, it was not a development project though... it was value-add, we were given all of the construction pricing ahead of time, and the real purpose of the exercise was to show our excel/Argus modeling chops and then our critical thinking skills after we had correctly completed the model. Does that sound similar to what they are having you do? If its a ground up development, that's nearly impossible... run away. ", "replies": [{"id": "deflemn", "text": "Sounds like it might be similar. Could you recommend any resources?", "replies": [{"id": "dejq5h8", "text": "If you've ever built a model before for a class or another job, start there and try to customize it to fit the problem. It will save you time building out the basic structure so you can focus on the details. ", "replies": [], "depth": 3}], "depth": 2}, {"id": "defso5p", "text": "Why are you saying it is impossible?", "replies": [{"id": "dejq787", "text": "They would just need to give you a lot of information about timing, specific construction costs, and other technical data that you would not know naturally unless you were an engineer. It would be possible if they gave you enough info i guess. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "deg3237", "text": "Look at REFM and Wall Street Oasis they have some real estate private equity model walk thrus and guides. ", "replies": [], "depth": 1}, {"id": "deg4myw", "text": "Any retail in the project?", "replies": [{"id": "deghv73", "text": "The firm will take on anything if it hits their returns. I don't have much direction on the case study. My guess is that it will be on the simpler side, just testing fundamentals etc", "replies": [], "depth": 2}], "depth": 1}, {"id": "deghtcl", "text": "Read parts 1 &amp; 2 of ASOTREG's post below. This might be overkill for your needs, but always better to be over-prepared and understand what types of questions may get thrown your way. I'm not even job searching and was very impressed with the article. Best of luck!\nhttp://astudentoftherealestategame.com/what-to-expect-and-how-to-prepare-for-an-interview-in-real-estate-private-equity-part-i/\n", "replies": [{"id": "degnlhl", "text": "Thanks a bunch! looks like a great resource!", "replies": [], "depth": 2}], "depth": 1}]