CA$3,576.92 – CA$4,139.96

Real Estate Financial Modelling 4 Days Training in Vancouver

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Location

Regus Vancouver

885 West Georgia Street

#Suite 1500

Vancouver, BC V6C 3E8

Canada

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Refund policy

Refund policy

Refunds up to 7 days before event

Event description
Our classroom training provides you the opportunity to interact with instructors and benefit from face-to-face instruction.

About this event

Course Overview:

Learn the fundamentals of Real Estate financial modelling then apply this knowledge to the real world financial modelling challenges in the property development sector.

This course provides a sound understanding of both the principles of real estate financial modelling and the practical application of these to real-world situations through the use of spreadsheets.

The course then builds upon the real estate financial modelling principles and practices learned to apply these to property developments and the financing of these. In this way, participants improve their mastery of real estate investment evaluation principles and concepts, then see how to apply these in practical applications.

Finally, the course describes how to both detect and prevent errors from occurring.

Target Audience:

  • Property Analysts
  • Finance Analysts
  • Lenders/bankers involved with property
  • Property Consultants
  • CFOs & Accountants
  • Property Investors
  • Property Developers
  • Property Syndicate Professionals
  • Property Managers
  • Providers of Public Housing Projects

Learning Objectives:

  • Real estate professionals often need to go beyond what pre-built financial models like Estate Master provide. Examples include analysing unique situations, complex deals, or just to ensure they understand the fundamentals of their project’s forecast.
  • This course provides an excellent grounding in building financial models for real estate property developments of all kinds. The examples used are primarily from projects where property is acquired, developed, then split-up and sold (although the same principles can be applied to all kinds of real estate financial modelling).
  • If you already have some experience in property investment or development, and would like to take your modelling skills to the next level, making your models more flexible, robust and user-friendly, then this is an excellent course for you.
  • Extensive worked examples and models are used throughout the course so that participants gain valuable experience in designing solutions to real-world financial modelling challenges in the property sector.

Prerequisites:

None

Course Materials:

Students will receive a course manual with presentation slides and reference materials.

Examination:

There is no exam for this course.

Technical Requirements:

For eBooks:

Internet for downloading the eBook

Laptop, tablet, Smartphone, eReader (No Kindle)

Adobe DRM supported software (e.g. Digital Editions, Bluefire Reader)

eBook download and activation instructions

Agenda:

Day 1: Advanced Excel Workshop

This one-day intensive workshop helps participants to get the most out of the remainder of the course. It covers key, advanced areas of Excel that are relevant to real estate financial modelling and project evaluation.

Here are just some of the areas we cover in our in-depth, hands-on workshop:

  • Working with large data sets
  • Summarising and aggregating data
  • Extracting data that matches criteria using flexible formulas
  • Error handling
  • Ways of improving structure
  • Techniques for keeping formulas consistent yet flexible
  • Combining and splitting cells according to the content they contain
  • Advanced techniques for creating automatically expanding charts and ranges
  • Introduction to macros & when to use these

We then apply and practise these functions during the remainder of the course.

Day 2: Introduction

Brief Introduction to Real Estate Financial Modelling

  • What is a financial model?
  • What is included in the scope of a financial model?
  • What makes a good spreadsheet model?

Principles of Best Practice Real Estate Financial Modelling

  • The 7 steps of financial model building
  • How to compare and contrast different scenarios
  • Best practice guidelines and financial modelling standards
  • Compare and contrast functions, formatting and functionality
  • Designing for flexibility and scalability
  • Designing for consistency
  • Designing for usability and functionality
  • Designing checks and balances
  • Best practices for creating and displaying checks and balances
  • Using financial modelling standards
  • Compare different financial modelling standards
  • Examples of standards and how to apply these
  • Setting up Excel for efficient financial modelling
  • Learn the tips and techniques that will dramatically speed up the creation of your financial models
  • Using VBA in financial models
  • When is it appropriate & when is it not appropriate?
  • What things is it best suited for in financial modelling?

Case Study: Modelling with Standards

Identify the key components of a standards-based, real estate financial modelling template

Day 3: Finance and Valuation Concepts

Topics covered include:

  • Principles of discounted cash flow (DCF) modelling
  • Investment indicators: WACC, NPV, IRR, Payback
  • Valuation techniques & considerations
  • Escalation factors for revenue, costs and CAPEX
  • S-Curve real estate financial modelling for construction costs
  • Modelling uncertainty using sensitivity & scenario analysis
  • Model optimisation to consider constraints: tools and techniques available
  • Presentation and interpretation of results: charts & presentations
  • Methods for comparing and selecting projects: key charts & techniques

Case Study Part 1: Model Scoping, Timeline & Structure

Design and scope the model: what should be included/excluded? What are the key outputs & sensitivities? How will the model need to be designed to provide these?

Case Study Part 2: Inputs & Assumptions

How to design and build a model that is flexible, robust, and user-friendly. Learn how to allow for future expansion, change of strategy, different scenarios and sensitivities in a way that allows the user to easily switch between these.

Case Study Part 3: Cash Flow Model

Create a cash flow model for a property development project, building up the model line-by-line.

Day 4: Debt and Finance Modelling

How to model debt finance in property models.

Topics covered include:

  • Typical banking covenants and financing arrangements
  • Simple debt schedules
  • More complex debt waterfalls
  • Dealing with fees, interest expense, drawdowns, and interest capitalisation
  • Cash sweep

Case Study Part 4: Financing

Extend your model to include debt financing and loan covenants

Case Study Part 5: Investment indicators

Calculate and sense-check the key outputs: charts, investment indicators.

Case Study Part 6: Scenarios & Sensitivities

Identify key risk areas and then incorporate sensitivity factors for these. Build a sophisticated scenario manager to run multiple scenarios and highlight the results.

Control of Financial Models

How to detect and prevent errors from occurring.

Topics covered include:

– Why audit financial models?

– Excel’s auditing tools

– Automated testing tools: role, purpose, limitations, demonstration

– Model documentation

Case Study Part 7: Controls & Checks

Build controls and checks then summarise these so the model’s integrity can be checked and reviewed easily.

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Date and time

Location

Regus Vancouver

885 West Georgia Street

#Suite 1500

Vancouver, BC V6C 3E8

Canada

View Map

Refund policy

Refunds up to 7 days before event

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Organizer of Real Estate Financial Modelling 4 Days Training in Vancouver

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Mangates is one of the Leading Competency developers, Mangates has developed a proven foundation for building specialized training programs. No matter which Mangates training division you are working with, you can expect the same high-quality training experience and expertise that makes Mangates stand out above the competition.

All of our instructors are recognized experts in their fields with hands-on experience on the topics they teach. We combine proven adult educational training methods with leading-edge industry expertise to provide you an exceptional training experience. Every instructor must meet rigorous standards with the proven background in their given field of expertise. It is the difference that our customers covet and participant appreciates at the completion of the course.

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We have most experienced trainers in the Industry. Our Trainers are highly skilled in their subject areas and are uniquely positioned to provide participants with deep industry experience. They are motivated to transfer knowledge through practical support post and pre-training to provide participants with additional support outside the classroom.

 

 

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