Today we’re going to talk about Adjusted EBITDA — or in Brad’s world, Adjusted NOI; Net Operating Income. So what is it? First off, it depends who the player is. Are they legit? 

It’s a super critical number and important to get right — so tune in for today’s short and sweet episode all about Adjusted EBITDA!

Key Takeaways:

[:13] About our topic today: Adjusted EBITDA!

[:22] What is Adjusted EBITDA?

[2:42] A simple example of Adjusted EBITDA.

[3:32] Non-valid Adjustments in the real estate world to Net Operating Income (NOI).

[5:23] Valid Adjustments Brad has seen in the real estate world.

[9:35] A couple examples of valid Adjustments we see in the private equity world.

[13:00] Wrapping up today’s episode!

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