Real Estate Finance and Investments

About

ESCP Business School is one of the most reputable business schools. FT ranks its advanced Finance Master program as #2 worldwide. Our Summer School course on Real Estate Finance and Investments brings together ESCP Business School’s excellent curriculum with the expertise of outstanding local professionals. Excellent performers, the most up-to-date knowledge and an inspiring environment await the candidates in 2021 again.

Real estate markets are rapidly changing with financing and investment decisions growing in complexity.

The banking sector is also facing a new wave of regulations that is changing the way real estate investors access funding. Mezzanine debt, REITs, and equity capital markets have become an increasing source of funds in real estate deals.

The real estate market is now highly competitive and companies often rely on well-trained workers capable of making investment decision in an environment of complexity. For investors, intermediaries and other real estate players to remain successful, building experience in an exceedingly specialized market has become a must. With this course, you will receive an excellent training that allows you to learn thoroughly the new trends and techniques in the field of real estate finance.

COURSE STRUCTURE

23 / 08 / 2021 (MONDAY)

09:00 – 12:00 The Basic Real Estate Investment Model

Jaime LUQUE, Associate Professor / ESCP Business School

13:00 – 14:00 The Hungarian real estate market from MNB’s perspective

Tamás NAGY, Director at the Central Bank of Hungary

14:00 – 15:00 Topics covered: industrial and logistics real estate market

Ádám SZÉKELY, CEO at InfoGroup – Real Estate

24 / 08 / 2021 (TUESDAY)

09:00 – 12:00 Commercial Mortgage Debt: Design, Prepayment, Refinancing and Default

Jaime LUQUE, Associate Professor / ESCP Business School

13:00 – 15:00 Topics covered: domestic and regional housing market trends

Doron DYMSCHIZ, Founder &Co-FOunder and CEO, Duna House group

17:00 – 21:00 Social Event (winetasting)

25 / 08 / 2021 (WEDNESDAY)

09:00 – 12:00 Real Estate Capital Structures

Jaime LUQUE, Associate Professor / ESCP Business School

13:00 – 15:00 Topics covered: regional trends in commercial real estate market

Gábor BORBÉLY, Director / Head of Business Development and Research, CBRE Budapest

26 / 08 / 2021 (THURSDAY)

09:00 – 12:00 Real Estate Private Equity

Jaime LUQUE, Associate Professor / ESCP Business School

13:00 – 14:00 Topics covered: Hotel Industry

Bálint ERDEI, Founder and CEO, Redwood Real Estate Holding

14:00 – 15:00 Topics covered: Prospects of the domestic office space market after COVID

Dániel JELLINEK, CEO,Majority shareholder of the Indotek Group

27 / 08 / 2021 (FRIDAY)

09:00 – 12:00 Commercial Mortgage Debt in Distress

Jaime LUQUE, Associate Professor / ESCP Business School

13:00 – 15:00 Graduation Ceremony, Networking

Gergely FÁBIÁN, Executive Director at Central Bank of Hungary & CEO ofBudapest Institute of Baking

Course leader

Jaime Luque - ESCP Business School

Target group

• MSc or PhD candidates specialized in finance or real estate,
• those who are working in the financial side of the real estate industry,
• workers of financial institutions and central banks

Course aim

•Practice the valuation of revenue generating properties by applying sound asset pricing methods and using Excel to perform pro-forma analysis
•Learn how to design mortgages that meet the needs of different investors
•Understand the implications of leverage in real estate
•Understand the implications of different capital structures in real estate assets
•Model sophisticated real estate “waterfall” spreadsheets with Excel for a variety of different capital structures and scenarios.

At the end of the course the participants will reach a deep understanding of real estate finance both on the residential and commercial side. They are going to see the big picture on the new trends of real estate industry.

Fee info