REIT School: Analyst Training in Real Estate Securities provides a comprehensive introduction to the sector through lectures, group discussions
and case studies led by an accomplished faculty of industry practitioners and academics.

Topics include:

• The dynamics of real estate market cycles and how to gauge their impact on future financial performance
• The fundamental earnings metrics and valuation multiples used in the analysis of REIT financial statements
• REIT credit analysis
• Strategies for accessing capital markets and managing capital
• Methods of evaluating acquisitions and dispositions at the property and corporate levels
• Global real estate investing trends and issues
• M&A and enterprise valuation

What participants gain:

• A deeper understanding of ways to evaluate individual REITs and the REIT sector at large
• Insight into property and market analysis
• An expanded strategic perspective of the sector through lectures, discussions and case studies led by sell-side analysts, REIT executives
  and academic experts

This program presumes familiarity with basic accounting and finance concepts. Prior to the program, participants will receive materials for the Investing in REITs case study as well as suggested reading for those new to the sector.