Real Estate Financial Modeling Accelerator (Updated Nov 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…
3 Tips for When You’re Unhappy in Your Current Job
As a CRE recruiter, I often get questions from people who are unhappy in their current job. This is a very common situation for people to have - in both commercial real estate and in other fields. However, I want to let you know that this isn't…
Development Draw Schedule – Visually Customize Each Line Item (UPDATED APR 2022)
Working a lot with development draw schedules, I have always been looking for a catch all solution as to how one could easily model all the unique ways cash actually flows over time during the process. The norm for many is to model cash flows…
Setting Up a New Real Estate Financial Model – Date and Period Headers Plus Formatting (Updated Apr 2022)
We've spent a lot of time here discussing and sharing different real estate models, and we've received a ton of feedback from our readers as a result. In some of that feedback we've received, several people have asked what period and date rows…
Office Purchase and Sales Agreement
This article outlines specific concerns related to an office commercial real estate purchase and sales agreement. Below, we'll discuss the clauses in the agreement to adjust from a neutral agreement between buyer and seller. You can download…
Construction Draw Schedule: Accounting For True LTC (Updated Apr 2022)
When lenders provide debt for a development project, they lend based on a Loan-to-Cost ratio (LTC), which is simply the percent of the total budget the lender will agree to lend to the borrower. So, if a project costs $10MM, and a lender loans…
How Innovation is Poised to Disrupt Development with Aleks Gampel | S3SP7
This episode of the A.CRE Audio Series features Aleksandr Gampel, a real estate professional and co-founder of Cuby Technologies. Cuby is a tech company working to innovate current real estate construction and development methods.
As Aleks…
Land Equity – Collaborative Development Strategies with the Landowner
In this article, we'll talk about land equity development strategies where the landowner contributes their land to the partnership. In these situations, land ownership is either immediately conveyed or deferred until development is complete.…
Convert Monthly Cash Flows to Quarterly and Annual Cash Flows (Updated Mar 2022)
Over the past few years, I've been working to build an ARGUS DCF alternative in Excel - or otherwise known here as the A.CRE All-in-One (Ai1) Model. As I've worked on that model, I've been jotting down modeling techniques I use and think would…
Subordination, Non-Disturbance, and Attornment Agreement (SNDA)
We will be going over the concepts of a Subordination, Non-Disturbance, and Attornment Agreement (“SNDA”) with commercial real estate attorney Ron Rohde.
SNDA Template Walkthrough
As a tenant of a commercial real estate property,…
How to Gain a Unique Advantage in your Post-College Job Search
Here’s the status quo for most college students. You find yourself balancing a social life, 12+ hours of school, extracurricular activities, athletics, jobs, unexpected life curveballs, and parents’ high expectations for you. For those of…
Standard Industrial Lease – Triple Net Lease (NNN)
In the video and written tutorial below, we'll be walking through a commercial real estate standard industrial lease (triple net lease) with commercial real estate attorney Ron Rohde. The triple net lease is one of the most common lease structures…
Phosphor and Oliver Beavers – Changing the Way Real Estate is Underwritten | S3SP6
In this special episode of the A.CRE Audio Series, we talk with a special guest and friend to A.CRE, Oliver Beavers, the founder of Phosphor who is working on a new financial modeling tool.
Originally, similar to multiple new professionals…
University of Cincinnati – Undergraduate Real Estate Profile
Choosing where to go to college can be a difficult and stressful situation. Coming out of high school, I didn’t know exactly what I wanted to do, but I knew I wanted to study Real Estate and/or Finance. I am not sure if this made my college…
Tutorials for the A.CRE Apartment Development Model
As promised, I'm following up the release of the A.CRE Apartment Development model with a series of walk-throughs and tutorials to help you better understand the various elements of the model. The tutorials start with the basics - a guide to…
Introducing the New Accelerator 2.0 Learning Platform
In 2018, Michael and I designed and built the A.CRE Accelerator program. We sought to build the preeminent tool for learning and mastering real estate financial modeling. It was intended to provide a clear path to real estate financial modeling…