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…
Why CRE Deals May be Better Off Following a Project Finance Structure
In this article, we discuss the anatomy of two business structures - Project Finance and Corporate Finance - and why a Project Finance Structure is best suited for CRE deals by making the fund management process more investor friendly.
How…
The Forefront of Climate Solutions for the Built Environment with Jacob Racusin | S3SP8
This episode of the A.CRE Audio Series features Jacob Deva Racusin, a real estate professional and co-founder of New Frameworks. New Frameworks is a worker-owned cooperative focused on climate solutions for the built environment, namely through…
Industrial Purchase and Sales Agreement
This article outlines specific legal concerns related to an Industrial Purchase and Sales Agreement. We’re going to include escrow instructions as we believe this is common for title and escrow services to be combined. This was actually used…
Tutoriales para el A.CRE Modelo De Adquisición De Apartamento De Valor Agregado en Excel
Como prometí, con el lanzamiento del A.CRE modelo de Adquisición de Apartamento de Valor Agregado, les comparto una serie de recorridos y tutoriales para ayudarlos a comprender mejor los diversos elementos del modelo. Los tutoriales comienzan…
Important Considerations for International CRE Students
For you job candidates who are international CRE students and want to get a job in the U.S. in the industry, here are my three biggest tips to help you find success:
Set Specific Goals for Yourself
Network Persistently
Don’t Lose…
Marquette Real Estate Strategies Conference Takeaways
Marquette University recently held its 11th annual Real Estate Strategies Conference. Our Co-Founder, Spencer Burton, had the privilege of being the Keynote speaker so a few members of our team came up to support him.
A quote from Jack…
Tenant Sales and Occupancy Cost in Retail Underwriting (UPDATED JUNE 2022)
When underwriting a retail investment, rollover risk is an incredibly important consideration. You, as a prospective debt or equity investor in the property, need to understand how secure the cash flows you're buying are; or in other words,…
Publicly Traded Tenant Analysis Tool (Updated May 2022)
In this post and corresponding video, I am going to walk you through a revamped tenant health worksheet that I shared a long time ago on the site. I spent some time giving it a makeover and decided to put together a video walkthrough for it.
Publicly…
Graduate Real Estate Series: UC Berkeley’s Master of Real Estate Development and Design
Prior to the MRED+D program, I worked for a general contractor in San Francisco. I worked on the repositioning and adaptive reuse of the historic industrial buildings at Pier 70. Pier 70 is a 40-acre urban infill mixed-use development on…
Scenario Analysis Tool using the Equity Waterfall Model (UPDATED MAY 2022)
I received a question this morning asking how to use scenario (or sensitivity) analysis with our Real Estate Equity Waterfall Model. I started to answer the question via email, decided to build an Excel file to go along with my answer, and ultimately…
Day in the Life of Mortgage Lending with Ian Hawk
In this ‘Day in the Life of a Commercial Real Estate Professional’ post, we hear from Ian Hawk, Associate at a real estate mortgage lending company, Dwight Mortgage Trust in New York City.
Ian has been kind enough to share his typical…
The University of Texas at Austin – Undergraduate Real Estate Profile
As a senior in high school awaiting acceptance offers from schools, I understood that finding my career passion was just as important as the school I attend. I was confident that the University of Texas at Austin would provide a path for…
Microsoft has blocked the macros in my A.CRE model – What now?
When downloading and opening an Excel model from A.CRE, some users may get the ominous message: "Microsoft has blocked macros from running because the source of this file is untrusted." If you've received this message, you're probably asking,…
Physical Occupancy Calculation Model for Real Estate (UPDATED MAY 2022)
As many of you know, I'm in the midst of moving my family from Milwaukee to Dallas, and quite frankly I'm getting sick of eating out and sleeping in hotel rooms. So what better way to unwind from hours of whining kids and tiresome travel, than…
4-Tier Equity Multiple Waterfall – Download and Watch Me Build (UPDATED APR 2022)
Here is a simple, yet very powerful, 4-tier equity multiple waterfall module. This post contains both a completed version of the module ready to plug into a real estate financial model as well as a 'Watch Me Build' template and companion video…