BreakingIntoWallStreet – Real Estate and REIT Modeling Course

Our financial modeling & valuation courses are usually prefaced with a caveat: applies to run-rate, going concern entities, not distressed or restructuring Why? The rules of engagement for distressed entities are completely different. You can learn how to model and value distressed companies and securities in our distressed series.

There is an overview of distressed investing. Learn how to value distressed companies and securities. Understand and appreciate the historical perspective of the distressed market. Distressed investing can be found from securities types to investment strategies. Understand the true sources and drivers of returns from supply and demand to operational changes to market rebound to recapitalizations. Understand the dramatic changes to a distressed firm’s capital structure and the implications on the valuation process and realignment of economics. Chapter 11 reorganization and Chapter 7 liquidation are included in the reorganization process. Understand the key critical covenants involved in distressed securities as well as the entire restructuring process by identifying key parameters for successful business plan implementation.

Understand distressed investing and different investment strategies. The capital structure before and after the petition is significant. Understand the nuances of distressed analysis.

Financial modeling that is distressed. Learn how to model and value distressed companies. Dramatic changes to a distressed firm’s capital structure and implications on the valuation process and realignment of economics are quantified in the Distressed Investing Overview course. A robust distressed sensitivity financial model is needed. Learning objectives include: model out a sample distressed company on a stand alone basis, with and without restructuring, incorporate detailed valuation sensitivity to identify key value drivers in a distressed situation, and analyze the fulcrum security based on various valuation and leverage scenarios.

Financial modeling that is distressed. Evaluate the capital structure of a distressed situation. The Income Statement project is for a distressed company. There are various restructuring scenarios. Evaluate and analyze the decision to restructure. New and old cash flow capital structure can be automated.

Distressed financial modeling and sensitivity analysis. Evaluate sensitivity to determine ultimate recovery to capital structure classes. Distressed model based on leverage, valuation and new pro forma capital structure. Understand the implications of a bad deal for the distressed investor. Understand and appreciate conflicts of interest. Determine the importance of determining the right security.