Real Estate Development in Excel (Includes Template)

Learn Industry Standard Analysis and Valuation Techniques For Real Estate Development

This course will teach you how to financially model a multi-family real estate development project and comes with a downloadable, complete Excel model. The model that comes with this course is plug and play with minimal work necessary to adapt it to any kind of multi-family development project.

This course will teach you how to use the model, the industry standard terms, metrics and valuation techniques which developers use on a daily basis.

Here are some strengths of the model:

1. The model dynamically calculates various metrics, including IRR, Debt Service Coverage, Yield to Cost, Loan to Cost and Project Valuation so you can see how every variable you change affects the project.
2. This model is used in industry for actual real estate projects
3. Designed to model equity investors for syndicated projects. The model will show equity IRRs and investor returns.
4. Designed to model a construction loan, a take-out permanent loan, a balloon payment and all of the debt service payments along the way.
5. The model comes with integrated amortization tables for quick analysis of loans.

The model is specifically designed to be easy to adapt to any kind of multi-family project. The video content of the course will show you everything you need to know to re-tool the model to handle any variety of unit mix, stabilization period, rent, loan, and exit date.

This course will demonstrate how to financially model the development of a 36 unit apartment complex, from equity contribution up through the sale of the project.

Welcome to Real Estate Development in Excel.