Discover The Real Estate Financial Modeling Fundamentals You Didn’t Learn In School, So You Can Ace the Interview and Land The Job
Learn real estate financial modeling from deal-seasoned pros
Learn real estate financial modeling from deal-seasoned pros
Watch as seasoned pros reveal what it takes to analyze investments in the real world; which means you learn to model from those with actual deal experience.
Our case-based curriculum breaks modeling down to basic building blocks so you gain the knowledge and experience you need to level up.
Curated curriculum developed to take you from unqualified to hired without wasting time on irrelevant learning. Get laser-focused results by learning the right information in the right order.
Whether you’re new or experienced, our learn-by-doing approach is the best way to master real estate financial modeling.
Here’s how it works:
Learn the key fundamentals in their correct order. Focus on building from the bottom up so you can connect the dots quickly and without unnecessary confusion.
De-construct confusing concepts with modular learning, so you can gain command over the most critical pieces of real estate financial modeling.
Combine focused learning with purposed implementation. We simulate experience by providing real-world case studies so you can master real estate financial modeling and become the expert in the room.
Comprehensive real estate financial modeling training
Learn from deal-seasoned CRE professionals
Spencer has over 15 years of residential and commercial real estate experience. In his current position, he sources and analyzes new investments for a $45bn real estate fund.
Spencer holds a Bachelors from Florida State University and a Masters in Real Estate from Cornell University.
In the last five years alone, Spencer has modeled over 400 institutional CRE investments (debt, acquisition, and development) valued over $20 billion.
Michael Belasco has over nine years of real estate and construction experience. He currently works in San Francisco where he develops large-scale real estate projects for one of the largest and most respected development firms in the world.
Michael holds both an MBA and Masters in Real Estate from Cornell University.
Spencer and Michael started Adventures in CRE in their first year of graduate school. Since that time, the two have written over 200 in-depth articles on real estate financial modeling, careers, and education options; built and shared over 50 institutional-quality real estate financials models; developed an extensive glossary of real estate terms; and recorded over 100 tutorial videos.
Four years of proven results
“I am CERTAIN that the Accelerator has given me the tools and information necessary for my transition into commercial real estate. Your hard work has positively impacted my life and the lives of others. Keep up the great work!”
“I’m a huge fan of your website, thanks for your knowledge. I can sense your passion for the business, and it’s helped me a ton with analyzing land deals/new development projects.”
“I am an avid fan of your Adventures In CRE website. Thanks for all the hard work you’ve put into that site. The valuable information you’ve provided has accelerated my professional development while I was in business school and now in my current position. Again, thanks for all you do!”
“I found you while researching a tricky Excel formula. Your video was LOGICAL – you are a wonderful teacher. Short put, you’re a special kind of brilliant – I like it!”
“One of your Excel videos helped me out today. Very impressive!”
“I’m a big fan of the site. Thanks for putting it together.”
“Amazing work you and Michael have done with Adventures in CRE.”
“I am a fan of your Adventures in CRE. It’s a great resource and your Acquisitions model is the best I have found. I’ve used to it underwrite a large number of properties and close a few neighborhood apartment deals. So thank you!”
“I came across your website, Adventures in CRE, while attempting to find self study materials to learn the basics in CRE modeling in Excel. I have been very pleased with the material – by far the best I have found online.”
“Thanks for all you have done on A.CRE. It has been a great resource for me. I work for a relatively small investment/management company which means I have had to do a lot of self teaching. Your website has been instrumental in my learning process.”
“Thanks for all the excellent material. Your models and explanation are very helpful to me to get an insight into the CRE world.”
“I have just come across your Real Estate Modeling Excel A.CRE site. Bravo… it makes things seem so simple.”
“Checked out your waterfall model, nice work! Especially on the catchup. Elegant job!”
“I wanted to reach out to you and let you know that your videos on Youtube are really helpful, very detailed.”
“I watch your videos on Excel all the time. Your instruction is fantastic and your videos are, by far, the best on YouTube.”
How much time commitment should I plan for?
The 16 Accelerator courses are designed to be taken over an 8 – 12 week period. Some courses are less intense than others, with most students spending 2-6 hours to complete each course.
With that said, you’re welcome to take the Accelerator at your own pace. So don’t feel pressured to go any faster or slower than your time and ability permits.
Are all courses materials and Excel models available after I complete the program?
You have access to all Accelerator content for one year. In other words, at anytime after you finish the program, you’ll be able to log back in and re-watch the videos, re-read the lectures, view the cases, download the Excel files, etc for up to a year from when you originally registered.
What kind of support is there in addition to the video tutorials and supplemental downloads?
Each course comes with its own instructor-student forum. In these forums, Accelerator members ask course instructors, Spencer and Michael, questions related to the course content.
Are courses taught live or recorded?
These courses are on-demand, with pre-recorded video and audio lectures and accompanying Excel, Word, and PDF files. The student-instructor forums are actively monitored and questions answered by the A.CRE team.
What software and operating system do I need?
Microsoft Excel 2013 or later.
Software that can read PDF files (Abode, PDFSam, etc.).
The Accelerator can be taken on either a PC or Mac. But keep in mind that we teach using a Windows PC. So guidance on keyboard shortcuts will not be compatible with Excel for Mac although the formulas will be the same.
Is the Accelerator accessible on my mobile phone or tablet?
The Accelerator learning platform is compatible with all screen sizes. However, you may not be able to work on the Excel files unless you are on a desktop or laptop.
I’m worried that I am not adequately up to speed in Microsoft Excel, is this a problem?
All people enrolled should have a basic understanding of Microsoft Excel. There are many great resources out there for free that can help get you up to speed quickly. A very basic understanding should be sufficient as we walk you through a lot of the details step-by-step, keystroke by keystroke.
Additionally, in our Guide to Getting Started we provide a comprehensive list of the primary Excel functions and features we use in the Accelerator together with a list of free resources to help you get up to speed.
What if a topic is not covered in the core Accelerator curriculum?
While the Accelerator curriculum is comprehensive, no curriculum can get to it all. That’s where the Accelerator forums and our supplemental ‘Advanced Concepts in Real Estate Financial Modeling’ course come in.
Is there a concept not covered in the courses that you’d like Spencer or Michael to explain? Ask about it in the forum. Are there concepts you don’t quite understand and want greater explanation? Ask for it in the forums.
Spencer and Michael use the forums as an outlet to expand on existing concepts and teach new ones. The forum responses are well-thought out mini-lectures, using examples and sometimes even video tutorials to answer the questions.
And when a topic is raised in the forum that deserves further elaboration, Spencer and Michael create a Watch Me Build lecture in the ‘Advanced Concepts’ course. For example, a question around how to model GP catch up and LP clawback provisions was raised in the forum. That discussion led to two new lectures, a model for you to download, and a robust discussion in the forum
Thus, the learning starts in the courses and is expanded on in the forums and the ‘Advanced Concepts’ course.
The next Accelerator begins April 1st