Real Estate Financial Modeling Accelerator (Updated October 2024)
Prior to launching the Accelerator program, Michael and I fielded email after email requesting a more structured real estate financial modeling training program on the site.
Over the years, we've covered hundreds of real estate modeling…
The A.CRE Method For Doing Cap Rate Mental Math – Practice Tool
At the bottom of this post is a downloadable practice tool for the A.CRE Method for doing cap rate mental math. The tool will generate an endless number of random cap rates and NOIs to practice with and will walk you step by step through how…
All-in-One (Ai1) Walkthrough #10 – Underwriting a Value-Add Office Investment
This walkthrough, our tenth in the series, takes you through the entire process of underwriting a hypothetical office value-add opportunity using the All-in-One (Ai1) Model. This walkthrough comes as a response to a question we recently received…
Book Review: Am I Being Too Subtle by Sam Zell
Why I liked “Am I Being Too Subtle"
This is a real estate book through and through and I had a great time reading it. Sam Zell had a long list of stories ranging from his trip to the spectacular Tepuis mountains (Google them if you’re…
Real Estate Salary and Benefits (United States 2017)
Several years ago, we published a careers in real estate series where we discussed the various job sectors, business fields, and job functions that exist in the real estate industry. Additionally, we broke down compensation in real estate (salary…
The Latest Adventures in CRE Initiatives
As has been our habit since starting Adventures in CRE a few years back, we try to keep our readers updated on our progress and direction. Many of you have been with us since the start and we've personally communicated with hundreds of you.…
3 Tiered Waterfall Module Added to the Condo Development Model
After receiving a few requests, I've finally gotten around to adding an equity waterfall module to the Condominium Development Model. This module allows you to model partnership splits up to three tiers using either equity multiple hurdles or…
All-in-One (Ai1) Walkthrough #9 – Print Mode and the IRR Matrix Report
This walkthrough, our ninth in the series, touches on the newly added (beta v0.5.3) 'Print Mode' and IRR Matrix Report in our All-in-One (Ai1) model. Print mode further enhances the printability of the model while the IRR Matrix Report adds…
Book Review: Triumph of The City
Why I liked “Triumph of The City"
The central theme of this book focuses on cities and their ability to improve the way we live. Although the author made numerous interesting and compelling arguments, I found his writing style a…
All-in-One (Ai1) Walkthrough #8 – Tenancy Analysis Report for Office, Retail, and Industrial
This walkthrough, our eight in the series, explains how the Tenancy Analysis report for office, retail, and industrial real estate underwriting works in our All-in-One (Ai1) model. The Tenancy Analysis report includes a tenant rollover schedule,…
Book Review: Superforecasting – The Art and Science of Prediction
Why I liked “Superforecasting - The Art and Science of Prediction”
I thoroughly enjoyed this book and highly recommend it to everyone in the real estate industry (particularly developers who would benefit significantly from being…
Columbia Business School – Columbia University – MBA Real Estate Profile
When I started the MBA program at Columbia Business School in 2015, I was a prospective career-switcher. My work experience was in institutional investment consulting and private equity, but I wanted to change gears and pursue a career in…
New Support Forum for the All-in-One (Ai1) Underwriting Model
Since releasing the first beta version of the All-in-One Underwriting Model, we've fielded hundreds of emails related to the model. Inquiries range from questions to feature requests to thank yous. We welcome the chance to interact with our…
The Sloan School of Management – Massachusetts Institute of Technology – MBA Real Estate Profile
Real estate is a niche function in the MBA world, with less than 5% of most b-school graduates pursuing internships and full-time careers in the industry. Within this MBA real estate niche, the breadth of career paths is considerable, with…
The Wharton School – University of Pennsylvania – MBA Real Estate Profile
The Wharton Real Estate program has many different components, providing students with ample resources to learn about real estate, network within the industry, and find an exciting career. I chose to attend Wharton because it is widely regarded…