About Bayfield Training
The people behind real estate financial modelling training
Bridging the academic to professional gap in real estate
Our mission is to equip real estate professionals with the skills, clarity and confidence to perform at their best, today and throughout their careers.
Bayfield Training designs and delivers real estate financial modelling, finance and management training for professionals and organisations across real estate, finance and banking. With more than 25 years’ experience and roots in the University of Cambridge, we help people build the practical skills they use every day, and we work with our clients as a long-term skills partner.
25+
years’ experience
14
expert trainers
30
contributors
1,000s
real estate professionals trained globally
Our story
Where real estate financial modelling began
Bayfield Training was founded by Natalie Bayfield, widely credited with establishing real estate financial modelling as a discipline. She developed the first REFM course to lead to degree status, the MPhil in Real Estate Finance at the University of Cambridge, and the practical, Excel-based approach she created still underpins every Bayfield course.
Since 2022, Bayfield has been led by Sonia Martin-Gutierrez and Jacob Noble, who joined the business in 2013 and 2012 respectively and have grown with it ever since. Under their leadership, Bayfield has broadened its course portfolio and built an international network of trainers, while staying true to what has always set it apart: rigorous content, taught by people who do the work.
Watch
Get to know Bayfield
Hear from our team about how we work, who we train and what makes a Bayfield course different.
Our values
What we believe
01
Practical beats theoretical
Learn skills you can apply from day one, building the confidence to create, interpret and review real-world models.
02
Learn from people who do the work
Our trainers bring real-world experience from investment, valuation, development, research and academia.
03
Learning should work for you
Choose in-person, live online, on-demand or blended training, as an individual or a team.
04
Your success is our priority
From choosing the right course to supporting you throughout your learning journey, we go the extra mile to help you achieve your goals and build lasting relationships.
Our team
Leadership team
A small, multicultural team in Cambridge, working closely with our trainers and clients to make every course run smoothly.
Sonia Martin-Gutierrez
Chief Executive Officer
Sonia joined Bayfield in 2013 as a Product Development Assistant and has led the business as CEO since 2022. She holds a degree in Business Administration and a Master’s in Development Economics.
Jacob Noble
Chief Operating Officer
Jacob joined in November 2012 as a Marketing & Communications Apprentice, became a Director in 2017 and sits on the board. He leads bespoke and in-house training. Outside work he has made over 400 appearances in non-league football.
Emma Wilson
Education Services & Marketing Executive
Emma looks after our delegates and marketing. She holds a First Class BSc (Hons) in Events Management from Anglia Ruskin University, Cambridge.
Our trainers
Learn from people who do the work
Our trainers combine senior industry experience with a talent for teaching. Many still work in investment, valuation, development and research, so delegates learn how models are really used.
Michele Pryor
Senior Training Consultant
Chartered surveyor with a valuation background, training with Bayfield for 15 years.
Ross Wilson
Senior Training Consultant
Real estate investment consultant. Structural engineering degree from Rice University and a master’s in finance and investment from Durham.
Marvin Reichert
Senior Training & Model Build Consultant
Co-founder of BlueHill (Germany, 2019). Previously at Goldman Sachs and Tishman Speyer in Frankfurt.
Malcolm Frodsham
Director, Real Estate Strategies
20 years in real estate data and modelling. Founded Real Estate Strategies in 2013; formerly Director of Research at IPD.
Andri Rabetanety
Senior Training Consultant
COO at Trojan Trading, specialising in financial modelling for real estate private equity.
Christopher Worrall
Senior Training Consultant
Investment professional and former Land Director at London Strategic Land Partners. MPhil, University of Cambridge.
Maribel Esparcia Pérez
Sustainability Advisor, Hospitality
Managing Partner of the European Sustainable Hospitality Group, keynote speaker and holder of a Master’s in Hotel Management.
Lawrence Chadwick
MD, Property Consultancy International
35+ years in property, including 25 at Grosvenor on projects such as Liverpool One and Grand Arcade. Cambridge affiliated lecturer.
Robert Leigh
Lecturer, Wrexham Glyndŵr University
Teaching Associate at the University of Cambridge, PhD researcher at Durham and founder of Greenway Real Estate Ltd.
Lanre Fatimilehin
Senior Training Consultant
Director at Trillium Real Estate Partners, a JLL affiliate in Nigeria. RICS member with an MPhil from Cambridge.
David Gottein
Senior Training Consultant
Former investment associate at Hines in Madrid, with experience at ELIX and Colliers.
Ed White
MSCI
Presents our Understanding Real Estate Performance Measurement & Portfolio Analysis course, run in partnership with MSCI.
Contributors
Our programmes are enriched by contributors from leading universities, investors, advisers and data providers.
Andrew Baum
Chairman, Newcore Capital
Colin Lizieri
Professor Emeritus, University of Cambridge
Thies Lindenthal
Grosvenor Professor of Real Estate Finance, Cambridge
Nick Mansley
Director, Real Estate Masters, Cambridge
David Hourihan
Programme Leader, MSc Real Estate, UCEM
Andrea Carpenter
Director, Diversity Talks Real Estate
Alex Moss
Founder, Consilia Capital
Matthew Dichler
Partner, Knight Frank Valuation & Advisory
Chris Igwe
Former Head of Retail France, CBRE
Charles Golding MRICS
Senior Specialist, Valuation & Investment Advisory
Leigh Sparks
Professor of Retail Studies, University of Stirling
James Naftalin
Founder & Chair, European Valuers Alliance
James Beers
General Partner, Smith Cogeneration
Dr Tim Denison
Retail Expert, Ipsos Retail Performance
Mark Faithfull
Editor, Retail Property Analyst
Anthony Banfield
Director, Banfield Real Estate Solutions
Audra Lamoon
MD, Livewire Performance Consultants
Ronald Nyakairu
Head of Insights & Analytics, Local Data Company
Dr Seppe Cassettari
Director, GeoHistoric
Chris Going
Senior Analyst, GeoInformation Group
Nigel Wilson
UK Partner, PwC
Antony Slumbers
Real Estate Technology & Innovation
Rodolfo Mariano Ruiz Najera
Private Equity Real Estate, MSc HEC Paris
Teddy James
Technical Lead & Co-Founder, Tercero Analytics
Sarah Chaudry
Director, Surveyor Store Ltd
Bruno Lobo
Chief Investment Officer, Reformosa
The next generation
Inspiring the next generation of real estate professionals
Our motto is bridging the academic to professional gap in real estate. Alongside training today’s professionals, we work with universities, student societies and access organisations to help students, graduates and career-changers build the skills employers look for.
Our CEO and COO both began their careers at Bayfield as part of the next generation. Jacob joined as an apprentice and Sonia as a research assistant, so we know first-hand how the right opportunity, support and encouragement can help people grow and build successful careers.
This is why we are passionate about supporting the next generation of real estate professionals.
For the past five years we have worked with real estate clubs and societies across the UK and Europe to support emerging talent.
Our Next Generation initiative gives students, graduates and early-career professionals tailored resources, discounted training and industry insights to help them build the technical and commercial skills to enter and thrive in the sector.
University partnerships
We run a Real Estate Financial Modelling Certificate in partnership with the University of Cambridge’s Department of Land Economy, and work with institutions such as the Amsterdam School of Real Estate.
Student societies
We support real estate and finance societies at universities across the UK, giving students practical modelling skills and a clearer view of careers in the industry.
Widening access
Through organisations such as the Reading Real Estate Foundation’s Pathways to Property, The Land Collective, BPF Futures, WIRE and Diversity Talks Real Estate, we help open real estate to people from every background.
Grown from within
We practise what we preach: our COO joined Bayfield as an apprentice and our CEO as an assistant, and both now lead the business.
Student societies we work with
“We find the solutions to overcome your challenges and supply the tools to achieve your goals.”
Sonia Martin-Gutierrez · CEO, Bayfield Training
Partners & affiliations
Working with leading institutions
We partner with universities, data providers and industry bodies to keep our content rigorous and current, and to widen access to careers in real estate.
Life at Bayfield
Our culture
1
Young and multicultural
Different backgrounds, languages and experience help us support delegates from all over the world.
2
Always learning
We practise what we teach: the team regularly attends courses, meets experts and keeps training.
3
Open and collaborative
An open-plan Cambridge office where everyone learns from each other.
Get in touch
Let’s talk about your training
Whether you’re looking for a course for yourself or a programme for your whole team, we’d be happy to help.
Email[email protected]
Telephone+44 (0) 1223 517 850
c/o FORA Cambridge, 20 Station Road, Cambridge CB1 2JD