I’m interested in commercial real estate, but am completely new to the industry and I have no connections. Everyone has told me that networking is crucial, but where do I even start? Should I start going to networking events in my city, or is there a better way to make connections?

I got this in a technical interview, figured I would share it:

Q: If a property has the following specs: NOI of $10,000,000, annual net cash flow of $5,000,000, purchased at a 5% cap rate with a 50% LTV. What would the sale price need to be to achieve a 2.00x equity multiple at the end of a 4-year hold period?

A: $280,000,000

Given you buy at a…

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During an interview, I was asked the following question: If two identical office buildings were built side by side in the year 2000, what could lead to them having different values in the current market?

My answer was mostly focused around one building being renovated, but I was wondering if there are any other topics that I could have tied…

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