Introduction to Real Estate Investment, Development and Finance
This intensive two-day course, both in person in Central London and virtually, offers a comprehensive introduction to real estate investment and finance. It is designed for professionals looking to deepen their understanding of real estate private equity, investment trusts (REITs) and real estate debt.
Duration
2 days
CPD Hours
14
Location
Central London and Virtual Live
Level
General
Dates
09:30 AM – 04:30 PM
The Cumberland Hotel and Virtual Online Live
Prices exclude VAT (if applicable). Early Bird Discount when you book & pay at least 30 days in advance.
Want us to come to you?
We also do In House Training
Content
Course Content
Day 1 · Topic 1 of 14
Foundations of Real Estate Development and Investment
- Why invest in real estate
- Four quadrants of real estate investment
- Real estate market cycles and their impact on investment decision
Day 1 · Topic 2 of 14
Overview of Private Equity in Real Estate
- Definition and key concepts
- Importance and role in the real estate market
- Current trends and market dynamics
Day 1 · Topic 3 of 14
Investment Strategies and Processes
- Core, core-plus, value-add, and opportunistic strategies
- Risk-return profiles of different strategies
Day 1 · Topic 4 of 14
The Investment Lifecycle
- Sourcing and acquiring properties
- Due diligence and underwriting
- Asset management and value creation
- Exit strategies and dispositions
Day 1 · Topic 5 of 14
Evaluating Real Estate Developments
- Gross Development Value (GDV) and Net Development Value (NDV)
- Residual Land Value (RLV)
Day 1 · Topic 6 of 14
Evaluating Real Estate Private Equity Deals
Evaluating Real Estate Private Equity Deals
Performance Metrics and KPIs
- Internal Rate of Return (IRR)
- Equity Multiple
- Net Operating Income (NOI)
- Yields
- Worth or Investment Value
Day 1 · Topic 7 of 14
Case Study Analysis
- Real-world example of a private equity real estate development deal
Day 1 · Topic 8 of 14
Foundations of REITs
- Introduction to REITs: History and purpose
- Overview of REIT structures in different countries
- Emerging Markets and REITs: Opportunities and risks
- Market size and structure
- Types of REITs: development, operating, internal vs external
- The economic rationale for investing in REITs
Day 1 · Topic 9 of 14
REIT Investment Strategies
- Portfolio Diversification with REITs
- Public vs. Private REITs: Pros and cons
Day 1 · Topic 10 of 14
Legal and Regulatory Framework
- REIT Legislation: A global overview
- Tax considerations and requirements for REITs
- Governance and compliance in REIT operations
Day 1 · Topic 11 of 14
REIT Financials and Performance Metrics
- Understanding REIT Financial Statements
- Key Performance Indicators for REITs (FFO, AFFO, NAV)
- Analysing REIT dividend payout and sustainability
Day 1 · Topic 12 of 14
Valuation Techniques for REITs
- Intrinsic vs Relative Value
- Comparative analysis and benchmarking
- Identifying value and stock selection
- Market Trends Affecting REIT Sectors (Retail, Residential, Office, etc.)
- The impact of economic cycles on REIT performance
Day 1 · Topic 13 of 14
Risks and Opportunities in REIT Investment
- Macro-economic, sector and stock-specific risks
- ESG Risks
- Identifying and managing risks in REIT investment portfolios
- Legal and Regulatory Changes: Impacts on REITs
Day 1 · Topic 14 of 14
The Future of REITs
- The outlook for REITs: Trends and predictions
- Innovations in Real Estate: REITs and technology
Day 2 · Topic 1 of 8
Fundamentals of Real Estate Debt Finance
- The Real estate transactions’ capital stack
- The importance of debt in real estate transactions
Day 2 · Topic 2 of 8
Real Estate Market Analysis
- Understanding market trends
- Asset class demand pre- and post-COVID-19
- ESG, lenders’ and borrowers’ approaches
- Evaluating market conditions for financing decisions
- Geographic and sector-specific considerations
Day 2 · Topic 3 of 8
Types of Real Estate Debt Instruments
- Commercial Real Estate Loans
- Characteristics of commercial loans
- Risk-Return
- Loan structures
- Interest-only
- Constant amortisation and remaining balloon payment
- Annuity
- Cash Sweep
Day 2 · Topic 4 of 8
Development Financing
- Financing new development projects
- Strategy: Residential/ Commercial; domestic/ international
- Risks and considerations
- Developing entity, credit worthiness, project experience
- Land development risks
- Design risks
- Entitlement risks
- Financing risks
- Cost overrun/ delay risk
- Lease risk
- Sale Risk
- Phases of development financing
- Total Development Costs and Sources of Funds
- S-Curve and Debt Drawdowns
Day 2 · Topic 5 of 8
Key terms and covenants
- Maturities: Development facility vs Investment properties
- Financial covenants/ Default covenants
- Reporting covenants/ Information covenants
Day 2 · Topic 6 of 8
Analysing real estate debt
- Financial Analysis Techniques from an investment and lending perspective
- Property Investment
- Net present value (NPV) and internal rate of return (IRR)
- Lending
- Debt service coverage ratio (DSCR)/ Interest Cover Ratio (ICR)
- Debt Yield
- Loan-to-value ratio (LTV)
Day 2 · Topic 7 of 8
Risk Assessment
- Identifying and mitigating risks
- Sensitivity analysis
- Stress testing financial models
Day 2 · Topic 8 of 8
Commenting on Legal and Regulatory Framework
- Legal Aspects of Real Estate Debt
- Key legal documents (Loan agreement/ Security documents including Fixed charge/ mortgages deed, floating charge, pledges over rental income accounts)
- Foreclosure process and implications
- Lender liability and borrower protections
- Regulatory Environment
- Overview of relevant regulations
- Basel III
- Output Floors
- Sustainable Finance Disclosure Regulation
- Art. 8 and 9
- Shariah Finance
- Impact of regulations on real estate finance
Prices & Dates
Pricing
Prices exclude VAT (if applicable). Early Bird Discount when you book & pay at least 30 days in advance. Contact us for Partner discounts.
In Person
Attend the course in person, in Central London.
£1,640
Early Booking SAVE 10%
Virtual Live
Attend the course, live anywhere in the World.
£1,260
Early Booking SAVE 10%
Dates
Participants
Participants’ Profiles and Key Benefits
Key benefits
Aspiring Real Estate Professionals (Students, Graduates, Career Switchers)
- Gain a comprehensive understanding of real estate development, investment, REITs, and debt finance.
- Build foundational knowledge essential for starting a career in real estate private equity, development, or finance.
- Acquire practical skills in performance metrics, valuation techniques, and financial analysis.
- Enhance employability with case study exposure to real-world transactions.
Key benefits
Real Estate Analysts and Associates
- Deepen understanding of investment strategies and risk-return profiles.
- Strengthen technical capabilities in evaluating real estate developments and financing structures.
- Improve proficiency in performance metrics (IRR, NOI, Equity Multiple, etc.) and debt analysis (DSCR, LTV, Debt Yield).
- Enhance ability to perform due diligence, underwriting, and financial modelling.
Key benefits
Asset and Portfolio Managers
- Refine investment lifecycle knowledge to optimise asset management and value creation.
- Improve decision-making on acquisition, development, and exit strategies.
- Develop insights into REITs and debt instruments for portfolio diversification.
- Stay updated on ESG factors and emerging market trends impacting REIT and debt finance.
Key benefits
Developers and Property Investors
- Understand development financing, cost structures, and development-specific risks.
- Improve evaluation techniques for GDV, NDV, and RLV to support land acquisition and project feasibility.
- Learn about debt financing phases, covenants, and drawdown structures to manage capital stacks.
- Enhance risk assessment capabilities for financing and development projects.
Key benefits
Private Equity and Investment Professionals
- Strengthen strategic knowledge on core, core-plus, value-add, and opportunistic approaches.
- Gain insights into private equity deal evaluation, exit strategies, and market cycles.
- Develop advanced valuation and financial performance analysis techniques.
- Stay informed about regulatory changes, legal frameworks, and sustainable finance regulations.
Key benefits
Lenders and Debt Finance Specialists (Banks, Debt Funds, Credit Analysts)
- Master the structure and assessment of commercial loans and development financing.
- Understand debt instruments, loan structures, and key risk factors.
- Apply financial metrics (DSCR, ICR, LTV, Debt Yield) to assess borrower creditworthiness.
- Learn stress testing, sensitivity analysis, and risk mitigation strategies.
Key benefits
Legal and Compliance Professionals (Real Estate Focused Lawyers, In-house Counsel)
- Understand key legal documents, security structures, and foreclosure processes.
- Gain familiarity with loan agreements, financial covenants, and default provisions.
- Stay updated on regulatory requirements (Basel III, Shariah Finance, ESG regulations).
- Improve legal advisory capabilities related to debt finance, REITs, and private equity transactions.
Key benefits
Property Consultants and Valuers
- Enhance valuation methodologies, including RLV, GDV, NDV, and investment value.
- Improve understanding of development financing and market cycle implications on valuations.
- Gain insights into REIT valuation techniques and financial performance indicators.
- Build a broader understanding of real estate private equity deal structures and market dynamics.
Testimonials
Client Testimonials
“It’s been the most real estate tailored specific training I have undertaken.”
Situs AMC
“Absolutely fantastic! Maria is incredibly knowledgeable, helpful and attentive. I thoroughly recommend her services.”
FAQs
Frequently Asked Questions
Duration – 2 days. CPD Hours – 14. Level – General.
The Cumberland Hotel and Virtual Online Live, 09:30 AM – 04:30 PM. Upcoming dates: 15 – 16 Oct 2026, 12 – 13 Nov 2026 and 10 – 11 Dec 2026.
In Person: attend the course in person, in Central London. Virtual Live: attend the course, live anywhere in the World. On Demand: instant download of course materials & videos. In House: book this course for your in house team.
Yes. Early Bird Discount when you book & pay at least 30 days in advance: save 10% on In Person and Virtual Live. Prices exclude VAT (if applicable). Contact us for Partner discounts.
We will email you a confirmation and invoice shortly.
Yes, we also do In House Training. Book a call to discuss your requirements.
