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…
All-in-One (Ai1) Model for Underwriting Development and Acquisitions (Updated Nov 2024)
As many of you recall, in 2015 I set out to build an Excel alternative to the widely-used (and now discontinued) ARGUS DCF. With career moves and a lot of other A.CRE-related side projects, this undertaking has been slow going. Alas, in 2016…
Condominium Development Model (Updated Nov 2024)
After posting the construction draw module that demonstrates how to calculate the true LTC of a development loan, I decided that since we have yet to publish a condo development model, to build upon that module to create one.
This condominium…
A.CRE Build-to-Rent (BTR) Development Model (Updated Nov 2024)
Build-to-rent (BTR) has become more and more common in CRE and now accounts for a meaningful share of development. In the past, we've recommended A.CRE readers use our Apartment Development Model for BTR analysis. However, as we've received…
Mixed-Use Development Model: Condo and Retail (Updated Nov 2024)
In this post, I walk you through the A.CRE Mixed Use Development Model for Condo and Retail projects. The model is basically a reworked and expanded version of the Condo Development Model, so if you are familiar with that, this should feel and…
Industrial Real Estate Development Model (Updated Nov 2024)
Allow me to share my Industrial Development Model in Excel. Over the past few years, I've been working to add more specialty real estate models to our library. While our All-in-One model certainly has its place, oftentimes really digging into…
Case Study #13 – “BioMedica” Chain Drugstore – Build-to-Suit Investment in Colombia (Case Only)
In this triple net lease case study, we explore a real-world scenario involving the development of a build-to-suit commercial property for a leading drugstore chain in Colombia. By examining this scenario, you will gain hands-on experience analyzing…
Watch Me Build a Dynamic Mortgage Amortization Table in Excel (Updated September 2024)
There are a few basic, yet fundamental, real estate modeling skills you must master before anyone will take you seriously as a real estate professional. Building a mortgage amortization schedule is one of them.
Virtually every model you…
Deep Dive – Land Acquisition and Assemblage (Updated September 2024)
This is a topic I'm all too familiar with. You see, I cut my teeth in real estate largely sourcing and negotiating residential and mixed-use land acquisition opportunities. I've put land deals together both as a fiduciary and as a principal,…
A.CRE Real Estate Financial Models Download Guide (Updated September 2024)
Since I started working with A.CRE, I wanted to find a way to easily find the different models, modules, tools, and tutorials the guys have shared from the Library of Excel Real Estate Financial Models. After some time helping out our readers…
Watch Me Build a Residential Land Development Model (Updated Sept 2024)
Over the years, we've created a sizable library of Watch Me Build videos covering Excel models for various real estate investment and property types. However, we've yet to create a Watch Me Build involving for-sale product. So this weekend,…
Real Estate Equity Waterfall Model – IRR and Equity Multiple Hurdles (Updated Sept 2024)
Over the years, this real estate equity waterfall with annual periods and IRR or Equity Multiple hurdles has been one of the most popular models in our library of real estate Excel models. It's been downloaded thousands of times and we've received…
Supercharge Excel with the ‘Excel 4 CRE’ Add-In (Updated Aug 2024)
Today, we're thrilled to share with the A.CRE community a new timesaving (and free) Excel tool: the 'Excel 4 CRE' Add-in! Over the past year, we at A.CRE (together with our new favorite companion, ChatGPT!) have been developing and sharing this…
Watch Me Build a 3-Tier Real Estate Equity Waterfall Model (Updated Aug 2024)
As I've mentioned in other Watch Me Build posts, one way to become a better real estate financial modeling professional, is to watch other professionals model. Thus, the more exposure you can get to other's methods, the more adept a real estate…
How to Run Monte Carlo Simulations in Excel (Updated Aug 2024)
So you want to run Monte Carlo simulations in Excel, but your project isn't large enough or you don't do this type of probabilistic analysis enough to warrant buying an expensive add-in. Well, you've come to the right place. Excel's built-in…
Loan Payment Schedule and Balance Tracking Tool (Updated Aug 2024)
A childhood friend called me this week and asked for a favor. He is the lender on a private real estate loan and was wanting a way to personally service the loan. Namely, he needed a tool to issue monthly invoices, track the principal vs interest…