Real Estate Financial Modeling Accelerator (Updated Jan 2025)
Before launching the Accelerator program, Michael and I received countless emails requesting a more structured, step-by-step real estate financial modeling training program.
Over the years, we've covered hundreds of real estate modeling…
Deep Dive: Careers in Commercial Real Estate (Updated May 2024)
The real estate industry is enormous. In the United States alone, over 2.9 million jobs are tied to commercial real estate, 17% of GDP comes from the real estate industry, and the aggregate value of U.S. commercial real estate is approximately…
Watch Me Build – Modeling a Rent Schedule in Both Excel and Using AI (Updated May 2024)
In this Watch Me Build video I show you how to build a custom rent schedule module for long-term leases. The foundation of the module is a simple INDEX/MATCH combination that takes a rent schedule and models the rent cash flows across the entire…
Watch Me Build – American-Style Real Estate Equity Waterfall (Updated Apr 2024)
A few years ago, I recorded my screen as I built a 3-tier real estate equity waterfall model. What I didn't mention in that Watch Me Build video, is that the kind of waterfall I built is colloquially called a European-style equity waterfall.…
The Definitive Guide to Microsoft Excel for Real Estate (Updated Apr 2024)
Microsoft Excel is the primary tool used by real estate financial modeling professionals. Even while numerous non-Excel alternatives have attempted to de-throne Excel, the 35+ year-old software has shown to be surprisingly resilient to competition.…
Insights from Spencer’s Cornell Real Estate Distinguished Speaker Series Interview
Recently, our own Spencer Burton was invited to participate in the Cornell Real Estate Distinguished Speaker Series, a platform renowned for hosting leading voices in the real estate industry. During this prestigious event, Spencer had the opportunity…
How to Prepare for the Real Estate Technical Interview (Updated Apr 2024)
So you've made it past the HR screening interview. You have the education and experience the company is looking for, but now they want to be sure you possess the real estate financial modeling skills necessary to do the job. They've asked…
Terminology Guide for Build-to-Rent Investment
We recently released a Build-to-Rent (BTR) Development model to help students and developers better analyze this emerging investment type in commercial real estate. As we explored this type of analysis, it became clear that terminology is often…
Glossary of Commercial Real Estate Terms (Updated Apr 2024)
Glossary of Commercial Real Estate Terms
Welcome to the A.CRE Glossary of Commercial Real Estate Terms, a practitioner's guide to the most common terms in CRE. This is an ever-growing list of commercial real estate terms and definitions that…
Watch Me Build – Industrial Offering Memorandum Analyzer Custom GPT
In this Watch Me Build session, I'll walk you through constructing a custom GPT that near-instantly sifts through Industrial Offering Memorandums to pinpoint whether an investment aligns with your criteria. At the heart of this build is a tailored…
Introducing the New A.CRE University Profiles Page: Your Comprehensive Guide to Real Estate Education
We here at A.CRE are excited to announce the launch of our new A.CRE University Profiles Page. This enhancement is part of our commitment to providing a comprehensive resource for exploring real estate programs not only across the United States…
Announcing the Shine Associates Real Estate Financial Modeling Scholarship
We are excited to announce the launch of the Shine Associates Real Estate Financial Modeling Scholarship! Made in partnership with Shine Associates, this scholarship is set to fuel the dreams of the upcoming stars in commercial real estate.…
Modeling a Property Tax Abatement in Real Estate (Updated Jan 2024)
We often field questions about how to model property tax abatements. It's a concept we cover in our the 'Advanced Modeling - Property and Portfolio' endorsement in our Accelerator real estate financial modeling training program and something…
CRE Company Database and Career Tool (Updated Jan 2024)
So, why did we put together this comprehensive list of commercial real estate companies? Well, from my time spent in real estate executive recruiting space, I learned that we couldn’t help everyone. Candidates needed a very specific background…
Understanding Untrended vs Trended Returns in Real Estate Analysis
We recently received an intriguing question in the Q&A section of the A.CRE Real Estate Financial Modeling Accelerator regarding the calculation of untrended and trended returns. As such, I’d like to take the opportunity to discuss it.
First…
Limitations of IRR When Evaluating Real Estate Investments
The internal rate of return is one of the most commonly used return metrics to analyze real estate investment opportunities. Simply put, the IRR is the anticipated, project-determined discount rate an investor is expected to earn over the life…