Thievery Between the Lines

One of the blessings of my work is that people periodically reach out to me with questions or issues. Sometimes, these emails are amusing. Take for example the email I received below. I’ve blacked out the confidential information and highlighted in yellow the...

Kahr’s Challenge Cases v.1

Over the last 15 years, I have collected real estate private equity modeling entrance exams from some of my former students. The cases run the gamut across product types and strategies. I have taken those “real world” examples, cleaned them up for clarity, adjusted...

Tit for Tat

One of my former grad students just reached out to me to see if I have any good examples of modeling tests for incoming analysts/associates in real estate private equity. She’s applying for a job, and she wants to be prepared. In this market, you need every edge...

Talking About Distress

Everything old is new again. Back in 2010, I taught a 1/2 quarter course at Kellogg (Northwestern University’s Business School) on “Special Topics in Real Estate Finance: Distressed Debt and Real Estate Private Equity”. It was a good class, and I...

Spending Free Time Wisely

This pandemic has given me time to think, and more importantly, time to create. I’ve been working on a bunch of higher-level Excel tools for analysis, and I’m going to get the chance to share what I’ve developed in an upcoming webinar with the Urban...

Live Excel, but Remote

The one nice thing about this whole COVID-19 mess is that it’s forcing companies and organizations to fully embrace the power of remote training. For years, I’ve had the ability to deliver classes remotely, but companies still insisted on flying me all...

Abate or Adjust?

With the advent of the COVID-19 event, it’s become clear that a number of residential and commercial tenants are not going to able to pay their rent in a timely manner. While there’s been a lot of ink spilled about residential tenants, very little has been...