Investment Sales Analyst Interview
Have an upcoming interview with someone from the HQ of a firm then if I pass that I have an interview with the team. The firm focuses on STNL, mostly retail, industrial, and office. What can I expect? There was no excel/argus test mentioned on the phone interview, so should I not expect one? 
[{"id": "ekc7bef", "text": "if its the first meeting I wouldnt be worried about an excel test yet. Even if there is one, its STNL, so the underwriting will be pretty basic. If its a true net lease deal (NNN), the tenant is respobible for expenses so you essential are analyzing the investment based on the rent they are paying and the duration of the lease. ", "replies": [{"id": "ekci4t4", "text": "They seem to do a lot of NNN. What calculations would you recommend preparing for? Besides NOI, cap rate, IRR and debt yield? I'm pretty green outside of those areas. And I have never underwritten a NNN lease, so it looks like NOI would basically just be equal to EGI since there's no expenses? They're also getting into multi-tenant shopping centers so I may want to prepare for that as well. ", "replies": [{"id": "el2zgkd", "text": "&gt;And I have never underwritten a NNN lease, so it looks like NOI would basically just be equal to EGI since there's no expenses? \n\nEven a NNN will have 3-5% expenses, bookkeeping, legal, ;easing fees.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]