The Advanced Real Estate Development Modeling Master Class

About The Advanced Real Estate Development Modeling Master Class

Want to learn how to build professional, dynamic, institutional-quality commercial real estate development pro forma models from scratch for office, retail, and industrial projects in Microsoft Excel?

This course will take you by the hand and walk you step-by-step through the entire process of building a complete, dynamic, eight-tab commercial real estate development pro forma model,

starting with a blank Excel workbook

and ending with a

complete commercial real estate development pro forma model that _you've_ created (from scratch)

. When I was first learning real estate financial modeling, I would download real estate development models or "calculators" on the internet, only to feel

overwhelmed and frustrated

by the complex functions and formulas everywhere in these Excel files. And once I felt like I was finally starting to get used to these, I still was scared to change anything because

I didn't want to "break" the model

. And in most cases, even I believed the model _was_ working correctly, I still had no idea if I could even

trust the calculations

in the first place. If you've ever felt any of these things, this course will

pull back the curtain and uncover the "Black Box" that most real estate financial models appear to be

. By the end of this course, you'll be able to build a dynamic, professional-quality commercial real estate development pro forma model from scratch, and

by the time you finish the last lecture, you'll have an institutional-quality model that you've built from start to finish.

This course will teach you how to build a commercial real estate development pro forma model the way the largest and most sophisticated CRE development firms look at deals.

At the end of this course, you will be able to:

_Build an_

_institutional-quality, dynamic commercial real estate development pro forma model for office, retail, and industrial projects from scratch (without expensive software)_

_Model_

_advanced real estate financing structures like mezzanine construction debt, dynamic permanent loan sizing based on multiple constraints, and more_

_Create a_

_dynamic sources and uses table_

_, so you'll know exactly how much you'll need to fund a development project_

_Model_

_complex commercial real estate lease structures in Excel_

_including NNN, FSG, MG, and BYS reimbursement structures, custom rent escalation schedules, percentage rent clauses, and more_

_Create_

_dynamic re-leasing scenarios based on renewal probability and re-leasing assumptions_

_to create future projected lease cash flows automatically_

_Model_

_investor distributions on a monthly, quarterly, and annual basis_

_and switch between the three options (quickly and easily)_

_Create_

_custom charts and graphs that automatically populate in your model_

_, that you can use to present to investors, lenders, and partners_

_Build formula "checks" to_

_quickly correct errors_

_and feel confident in your calculations_

This course is perfect for you if:

_You're a college student or graduate student looking to break into real estate development after graduation, and you're looking to add the key technical skills to your resume that will put you_

_head and shoulders above the competition_

_and allow you to land internships and full-time jobs in the CRE development field_

_You're an existing real estate professional looking to_

_advance your career and increase your compensation._

_You have a basic understanding of real estate finance and you're looking to take your real estate financial modeling skill set to an expert level to more confidently model and analyze your own real estate development deals_

Here's what some of our students have had to say about the class:

★★★★★ _"Great course, amazing content made relatively simple, all thanks to Justin. Thank you for making these courses and spreading the knowledge of Real Estate Financial Modeling. Really Grateful."_ ★★★★★ _"Very clear explanations! I like the repetition through the different examples to embed learning. It's also helpful to say which shortcuts you are doing so that this becomes second nature."_ ★★★★★ _"Fantastic course, and just like with Justin's other courses: crammed with great content and hands-on application. No fluff. Just into the materials and the mechanics. This course is rather advanced, but it covers a lot of different techniques, methods, and concepts."_

If you have a basic understanding of real estate finance and you're looking to apply that knowledge to analyze land acquisition and ground-up commercial real estate development opportunities, I'd love to have you in the class!