3.C1. Intro to the Syndicated Deal Analyzer
Advanced Syndication Underwriting Tool Overview
Introduction to the Tool
- The session focuses on an advanced underwriting tool specifically designed for syndication, which is more complex than basic tools.
- This tool allows users to analyze the life cycle of a development project and assess the internal rate of return (IRR) by manipulating various financial variables.
Key Features of the Tool
- Users can adjust parameters such as cash-out refinancing in year three and project exit in years five or ten to see their impact on returns.
- The tool also enables users to modify how profits are distributed between themselves and investors, providing insights into overall project performance.
Accessing the Tool
- The recommended tool is created by Michael Blanc, available for purchase at $149. It includes a comprehensive library of instructional videos.
- After purchasing, users gain access to a member login area with short training videos that explain how to effectively use the tool.
Learning Resources
- Michael Blanc's training covers essential terms like Net Operating Income (NOI), Capitalization Rates (Cap Rates), and various formulas used within the spreadsheet.