Financing and Investment in Real Estate
Acquire the knowledge and skills needed to analyze, structure, and finance Real Estate projects
The real estate sector constantly faces both challenges and opportunities. Talent and specialization are essential qualities demanded by the industry. This program, through its sessions on financing and investment, aims to provide participants with advanced knowledge and practical skills to make informed and strategic decisions in their real estate projects.
The teaching team is made up of active professionals who specialize in the specific module they deliver. Through theoretical foundations and practical case studies, we guarantee a complete learning experience.
The main goal is to equip participants with the knowledge and skills needed to analyze, structure, and finance Real Estate projects using the Project Finance approach. This method focuses on evaluating the economic and financial viability of individual projects, separating them from the company’s general balance sheet.
In short, the course aims to empower participants with all the necessary knowledge to strategically and sustainably analyze and make decisions regarding real estate investment and financing, maximizing returns while effectively managing risks.
The offer ends in:7 días 16 h 2 m 40 s
What will you achieve?
The teaching team, made up of professionals in the various areas of this program, will support your learning. Through online self-study, practical cases, and theoretical classes, you will gain, among other things, advanced knowledge and skills in:
Financial Modeling
Feasibility Analysis
Project Financial Structuring
Risk Analysis and Management
Taxation and Legal Aspects
ESG Criteria in Investment and Financing Strategy
Who is it for?
This program is aimed at real estate professionals interested in understanding the fundamentals of investment strategy, the most relevant aspects of financing, and/or in successfully developing their career in the real estate advisory sector. In this course, you’ll find real estate professionals, investors, lenders, portfolio managers, financial advisors, lawyers, and risk managers, among others.
Where will you be able to work?
Within the real estate field in Asset Management Firms, Investment Funds, Private Equity, Family Offices, Investment Banking, Insurance Companies, Consulting Firms, and/or the 'Big Four', among others, in areas such as development, agency, investment, financing, and/or real estate advisory.
Over 30 years leading financial education
Learnability
We promote, facilitate, and enhance your ability to learn quickly and effectively. We adapt to new situations and maintain a continuous improvement mindset.
Employability
We develop the skills and competencies to obtain, maintain, and enhance your professional profile in a competitive and ever-changing market
Glocality
We combine global and local perspectives in a more connected environment to foster collaboration and commitment in solving challenges.
A curriculum designed to deepen your knowledge of real estate finance and investment
In-person or streaming sessions
- Applied theory
- Case studies
Key topics:
• Definition and principles of Project Finance;
• Role of financial modeling;
• Basic financial concepts and key components of a Project Finance model.
Methodology: Theoretical class and market case discussions
Objective: Understand the importance of Project Finance and Specialized Lending modeling, establishing a solid foundation of core concepts and tools.
Lecturer: José Ignacio Tramuns. Program Director
Key topics:
• Market overview: analysis and key metrics;
• Data sources and transparency across asset classes;
• How to work with different data sources;
• Algorithms and visual representations for analysis.
Methodology: Theoretical class and practical workshop with exercises & simulations.
Objective: Explore the current state of the market, various investment/financing vehicles, data sourcing, and the main analysis parameters for each asset class.
Lecturer: Alejandro Bermúdez. Co-founder & CEO at Atlas Real Estate Analytics
Key topics:
• Investment market;
• Development timeline;
• Types of investment projects: Greenfield & Brownfield, Value Added;
• Applied financial structures: Equity, Land Loan, Construction Loan, Operating Loan.
• Risks and Guarantees
Methodology: Theoretical classes and practical cases
Objective: Understand the development process, its timeline, and financing types.
Lecturer: Toni Candini. Country Manager at Codic
Key topics:
• Importance and use of appraisals/valuations;
• Valuation methods: discounted cash flow (DCF), market comparables, income capitalization, replacement cost, GAV & NAV…;
• Calculation of key rates: IRR, NPV, and payback;
• Profitability and project feasibility analysis.
Methodology: Theoretical classes and practical workshops with exercises & simulations.
Objective: Master valuation methods and financial analysis.
Lecturers: Miguel Sanz. Regional Director Catalunya at Tinsa & Josep Carrió. Director of Valuations at CBRE
Key topics:
• Introduction to the Banking Sector;
• Types of debt and financing;
• Specific terms and conditions;
• Structuring and Sensitivities.
Methodology: Theoretical classes and case studies.
Objective: Analysis, structuring, and management of bank credit.
Lecturer: Maite Gómez-Angulo. Director of Structured Finance CIB at CaixaBank
Key topics:
• New sources of capital and financing;
• Terms and Conditions;
• Financial structures: leverage, equity, and joint ventures;
• Financial risk management.
Methodology: Theoretical classes and case studies on financial structuring.
Objective: Understand new structures and financing sources to design solid financial frameworks for real estate projects.
Lecturer: Javier Quintela. Head of Iberia at Cheyne Capital
Key topics:
• Income statement and categorization of flows: operational, investment, and financial;
• Assumption modelling;
• Ratios and sensitivities.
Methodology: Theoretical classes and practical workshops with exercises & simulations.
Objective: Understand and model.
Lecturer: Jordi Catiñeira. Partner of Deal Advisory at KPMG
Key topics:
• Elements and analysis of financial statements;
• Operational and financial ratios;
• Performance and profitability analysis.
Methodology: Theoretical classes and exercises.
Objective: To become familiar with the balance sheet and income statement structure of real estate projects.
Lecturer: Javier Medina. CFO at Healthcare Activos
Key topics:
• What is Due Diligence and why is it important;
• Main Due Diligence reports;
• Financial Due Diligence.
Methodology: Theoretical classes and practical case.
Objective: Understand the risks and aspects to consider in each report and learn how to analyze and quantify potential impacts.
Lecturer: Sergi de Jaureguizar. Director of Financial Advisory Real Estate at Deloitte
Key topics:
• Sector Exposure (RAS);
• Financing frameworks;
• Key elements in structuring operations;
• Operation formalization: structure, covenants, and guarantees in Project Finance.
Methodology: Theoretical and practical approach.
Objective: Understand credit risk admission criteria and mitigating tools.
Lecturer: Ana Suárez. Risk Director at Banco Sabadell
Key topics:
• Analysis of the current portfolio. Definition of strategic objectives. Diversification strategy;
• Investment planning and divestment strategy;
• Global trends in real estate asset management;
• Key Performance Indicators (KPIs) in portfolios.
Methodology: Theoretical classes and practical exercises based on real portfolios.
Objective: Optimize the strategic performance of real estate assets.
Lecturer: Montse Cortasa. Head of Real Estate at IOSA Inmuebles
Key topics:
• Project risk evolution;
• Monitoring operations. Classification;
• Consequences, action plans, and solutions to portfolio risks.
Methodology: Theory and practice.
Objective: Monitor portfolio risk evolution and implement action plans.
Lecturer: Ana Suarez. Risk Director at Banco Sabadell
Key topics:
• Types of investment vehicles;
• Tax regulations.
Methodology: Theory and real case studies.
Objective: Understand the legal personality of investors, along with their obligations, advantages, and disadvantages.
Lecturer: José Luís Gaudier. Partner in Corporate Tax at Cuatrecasas
Key topics:
• Types of Financing and Investment Contracts: Term Sheet, NBO, BO, ownership…
• Legal Due Diligence;
Methodology: Theoretical classes and examples.
Objective: Understand the legal process of formalizations and the most common clauses, risks, and guarantees/mitigants in contracts.
Lecturer: Manuel Follía. Partner of Restructuring, Insolvencies, and Special Financial Situations at Cuatrecasas
Key topics:
• ESG criteria at each stage of a property’s life cycle;
• Impact on the Income Statement;
• Competitive advantages.
Methodology: Theory and practical examples.
Objective: Integrate ESG criteria into Investment and Financing strategy.
Lecturer: Mateo Salazar: Partner at KPMG
Learn from a faculty of active professionals
Mr. José Ignacio Tramuns has over 20 years of professional experience in the real estate sector. He has held key positions such as Director of Valuations at Savills-AN, CIO-Real Estate at Sabadell Asset Management, Advisor and Member of the Audit Committee at Lazora SII, and Director of Structured Real Estate Finance in the Corporate & Investment Banking division at Banco Sabadell.
In-person with all the flexibility you need
Program details
- 2 months
- Spanish
- Fri 5–9 PM / Sat 9 AM–1 PM
- Clases presenciales
- Clases en streaming
- Autoestudio online
- 3825€
