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…
Residential Land Development Pro Forma (Updated Feb 2024)
As many of you know, I started my career in residential land development first as a broker and later as a principal. During that time I built my fair share of residential land development Excel pro formas, modeling returns and forecasting cash…
Hotel Development Model (Updated February 2024)
Excited to share the new A.CRE Hotel Development Model with everyone. As evidenced by the numerous requests we have gotten for this over the years, this model is long overdue so I'm quite happy to get it out there finally.
At the core, the…
RV Park Development Model (Initial Release)
Created to underwrite one of my projects, RV@Olympic, the RV Park Development Model is something I built and have been working with frequently over the past year. What’s especially unique about this model is that the template you are getting…
Single Family Home Construction Pro Forma for Home Builders (Updated Jan 2024)
I'm often asked to share models centered around residential development and home building. This is an area of real estate I'm completely comfortable in, since I spent the first 10 years of my career in new residential development.
Not surprisingly,…
Self Storage Acquisition Model (Updated Nov 2023)
I've spent the past few weekends working on a purpose-built Self Storage Acquisition Model, and I'm now happy to share the result of that work with you. This is a model that's been requested by quite a few A.CRE readers over the past few years.…
A.CRE Value-Add Apartment Acquisition Model (Updated Nov 2023)
We've shared a handful of apartment models over the years. Several of those are capable of analyzing apartment acquisitions but none was built for the express purpose of modeling value-add apartment deals. As a result, each has its limitations…
Commercial Real Estate Lease Analysis Tool (Updated Jul 2023)
The topic of analyzing commercial real estate leases from the perspective of the landlord and/or tenant has come up several times over the years. And while I generally respond to requests for new models or tools at A.CRE, I've been hesitant…
RV Park Acquisition Model (Updated May 2023)
Excited to share my RV Park Acquisition Model with you all. This is a model I developed out over the past few months as I've been getting more involved in the space (the development of an RV Park near Olympic National Park is my most investment…
Single Family Residential Investment Analysis Model (Updated Apr 2023)
Pre-2008, I bought and sold my fair share of single family homes - both for investment purposes (rental or flips) and to live in. In those days, almost everyone was "investing" in residential real estate - hence the market crash. I personally…
Single Family Rental Proforma (Updated Apr 2023)
With all the continued and growing interest in single family rentals these past few years, I decided to spend some time these past few days diving into building a single family rental proforma.
Prior to getting underway, and what we encourage…
Student Housing Acquisition Model (Updated Apr 2023)
I've spent a fair amount of my career analyzing privately-owned student housing investments. Nevertheless, I've yet to share a purpose-built, institutional-quality student housing acquisition model. So, I thought I'd take some time and build…
A.CRE Hotel Valuation Model in Excel (Updated Sept 2022)
I am excited to introduce our new Hotel Valuation (Acquisition) Model to underwrite both stabilized and value-add hotel opportunities. This hotel pro forma is designed to allow users to do everything from a quick back of the envelope exercise…
Real Estate Portfolio Valuation Model (Updated Aug 2022)
I built, and would like to share, a real estate portfolio model for valuing a portfolio of up to 30 properties. This is a "roll-up" model, meaning you will need to model your unlevered (before financing) property-level cash flows in a separate…
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…
Pro Forma For Multifamily Renovation (Updated 11.17.2021)
I'm excited to share the Pro Forma for Multifamily Renovation model with all of you. This multifamily renovation model is made to analyze value add apartment acquisition opportunities and has a lot of functionality that is meant to provide you…