Advanced Pro forma Modeling Using Excel

Designed for real estate finance professionals interested in expanding their knowledge of financial concepts and taking their Excel tools skills to a higher level.

This popular ULI workshop is designed for real estate finance professionals who want to build complex financial models using Excel. Students will develop their own spreadsheets for different property types that will allow them to model multiple real estate investment scenarios quickly and effectively.

Students will learn advanced tools in Excel and apply them immediately to their own Excel models. Important skills such as building construction loan and development models, using statistical skills to better understand real estate investments, developing reusable models, and auditing existing models will be addressed in detail.

Instructor

Joshua Kahr
Principal
Kahr Real Estate Services
New York, New York

Joshua Kahr is the Principal of Kahr Real Estate Services, a consulting firm that specializes in financial modeling, market analysis, and financial software training. He has trained hundreds of people in how to use Excel to model real estate investments for numerous clients including Wall Street investment banks, top business schools, and investment firms. Kahr is currently an adjunct associate professor at Columbia University where he teaches a year -long real estate finance course in their MS in Real Estate Development program.

Prior to launching his consulting business in 2002, he worked in investment sales at GVA Williams and at a Credit Suisse backed investment firm that redeveloped environmentally contaminated real estate. Kahr recently authored his first book, Real Estate Market Valuation and Analysis (John Wiley and Sons: 2005).

Kahr has an MS in Real Estate from New York University and a BA in Economics from Reed College.

Program Highlights

  • The opportunistic redevelopment of an office building
  • The construction and financing of a single-family housing subdivision
  • Using a partnership to raise money to purchase a stabilized shopping center
  • Using a partnership to raise an investment fund to finance multiple transactions

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