Development & Finance Modelling Bootcamp
Description
This combined programme brings together Bayfield Training’s flagship Real Estate Developer Course and Real Estate Finance Course to provide a comprehensive, end‑to‑end understanding of the development lifecycle and the financial modelling skills needed to assess and execute real estate projects.
Across three intensive days, you will learn to build full development cash flows from first principles incorporating phased construction costs, revenues, professional fees, financing structures, and risk analysis. The course covers essential concepts such as land value analysis, residual appraisals, debt structuring, promote waterfalls, joint venture arrangements, and scenario‑based viability assessments.
Learning Outcomes
Build full development models including phased costs, revenues, and financing
Analyse land value, profitability, and optimal bid structures
Structure and evaluate debt (senior + mezzanine) and JV arrangements
Calculate promote structures and profit‑sharing waterfalls
Assess viability, risk, and sensitivity under multiple project scenarios
Who will benefit from this Bootcamp
Real Estate developers and Development managers.
Surveyors, Fund managers, and Asset managers.
Real Estate Analysts and Financial analysts.
Banking and Finance professionals working with property deals.
Lenders, Investment managers, and JV partners.
Professionals seeking advanced modelling and capital structuring skills.
Course Outline
- 10:00 am - 4:00 pm
Day One
Learn how to build a discounted cash flow, analyse returns and understand the components of development models Gross versus Net Yields, calculating Net Development Value (NDV) Profit residual, with and without financing Site residual, how to calculate profit without knowing your costs. Introducing financing to site residual calculations Purchase price and acquisition costs Phased Sales, marketing and disposal costs Modelling construction costs using straight line basis, fixed costs, variable costs, incidental costs and construction fees Professional fees Income and expenditure project functions Logic functions, logic tables and array formulae
- 10:00 am - 4:00 pm
Day Two
Learn how to build a detailed property development project cash flow, add financing and perform risk analysis on commercial development projects Multiple IRRs, competing projects, scoping and linear programming, maximising performance Return metrics: Equity profit ratio (EPR), Costs paid out of proceeds (POP), Profit on cost ratio (PCR) Alternative site calculation, Net present value (NPV), Modelling construction costs using S-curve , variable costs,incidental costs and construction fees Switching between scenarios Introduction to Development financing, Pari Passu versus Equity First Financing Debt scheduling: brought forward and carried forward method Consideration of the impact of development finance interest, fees and covenants
- 10:00 am - 4:00 pm
Day Three
This training session provides a practical deep dive into real estate debt structuring and its impact on project viability. Mathematics of amortisation and debt finance. Basic senior debt models and geared net cash flow. Debt Cash Flow metrics: LTV, IRR and Interest Rate Dynamics. Mezzanine debt modelling. Joint Venture structures between developers and lender/equity partners. Promote and profit share structure calculations. Advanced project cash flows with mezzanine debt.
Tickets for good, not greed Humanitix dedicates 100% of profits from booking fees to charity















