This full-day advanced modeling workshop introduces the basic framework of CRE investment through a lens of distressed situations.

The course meets virtually on a synchronous basis (i.e., the course is taught live) over a full day and relies on active student participation. An interactive pedagogy utilizes a case study of a CRE distressed debt situation that provides a framework to analyze underlying characteristics of the collateral, devise valuation techniques for a non-stabilized asset, and translate loan terms into financial modeling. Multiple resolution scenarios are extrapolated directly into multi-variate modeling techniques.

The workshop provides an understanding of investing in non-par CRE mortgage debt. Participants will analyze, underwrite, and model a real-life CRE distressed debt financial case study. The case study brings forth legal, valuation, and strategic considerations typical in CRE workouts.

Participants must attend and actively participate in the entirety of the scheduled class and are required to utilize the camera-on feature in Zoom. Participants are expected to read the case studies, prepare coursework sets in advance of the workshop and complete the financial modeling exercise. This training will not be recorded.

Full-Day Session - Saturday, February 26, 2022 @ 10:00am – 4:00pm EST
Case Study: Ten Paces
√ Distressed environment and catalysts
√ Collateral valuation, sensitivity analysis, and restructuring modeling
√ Synthesis of property, loan, and investment financing cash flows

Registration is now open. Please register by Friday, February 18 at 12:30 pm EST.

Students who would like to participate can find further details in the weekly real estate club newsletter or by contacting their club leadership.

Made possible through a generous gift from Richard Kessler (AMDP ’02), Beneson Capital Partners