eBook - ePub

Foundations of Real Estate Financial Modelling

Name: Foundations of Real Estate Financial Modelling
Author: Roger Staiger

Roger Staiger,

550 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Foundations of Real Estate Financial Modelling

Roger Staiger,

About this book

NAMED ONE OF THE BEST COMMERCIAL REAL ESTATE BOOKS BY THE MOTLEY FOOL

"Staiger gives us the technical tools needed to build robust pro forma modeling around our real estate assets." –MillionAcres

Now in its third edition, Foundations of Real Estate Financial Modelling equips a new generation of students and professionals with a resource MillionAcres guarantees they'll "use throughout [their] commercial investing career[s]." Designed to provide increased scalable basis of pro forma modelling for real estate projects, this complete update and revision of the classic text offers a step-by-step introduction to building and understanding the models underlying investments in properties from single-family rentals to large-scale developments. Case studies drawn from the author's storied investment career put models into real-world context while problem sets at the end of each chapter provide hands-on practice for learners at any stage of their real estate careers. This edition employs the innovative financial metric P(Gain) to quantify the probability of a Return of Capital, ensuring readers' ability to answer the most fundamental question of investing—What is the probability I'll get my money back?

The fully revised and enhanced third edition is organized in three functional units: (1) Real Estate Valuation Basics, Theory, and Skills, (2) Real Estate Pro Forma Modelling, and (3) Real Estate Pro Forma (Enhancements). Chapters cover:

Interest Rates (Prime, LIBOR, SOFR)
Amortization (Cash-Out Refinance modelling)
ADC (Acquisition, Development, Construction) Module
Rent Roll Module (including seasonality)
Waterfall
Hotel Consolidation
Stochastic Modelling and Optimization

Additional chapters are dedicated to risk quantification and include scenario, stochastic, and Monte Carlo simulations, equity waterfalls, and integration of US GAAP financial statements. A companion website provides the real estate pro forma models to readers as a reference for their own constructed models, www.pgainllc.com.

An ideal companion in the classroom and the boardroom, this new edition of Foundations of Real Estate Financial Modelling will make even novices the "experts in the room on [their] chosen asset class" (MillionAcres).

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Yes, you can access Foundations of Real Estate Financial Modelling by Roger Staiger in PDF and/or ePUB format, as well as other popular books in Business & Business Mathematics. We have over one million books available in our catalogue for you to explore.