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…
Real Estate Capital Account Tracking Tool (Updated Apr 2024)
I'll be the first to admit that real estate asset management doesn't get the attention it deserves on AdventuresinCRE.com. The real reason for this is that we're not necessarily asset management experts. I spent some time working in asset management…
Hide and Unhide Tabs using Drop-down Menus in Excel (Updated Apr 2024)
I'd like to share a handy little trick I learned this week for hiding and unhiding tabs in Excel using drop-down menus. Now this method requires you to use some basic VBA code and to save the Workbook as a Macro-Enabled file but don't be intimidated…
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.…
Advanced Mortgage Amortization Schedule – Custom GPT by A.CRE
At A.CRE, we've built dozens of custom GPTs for internal and external purposes. Some of the GPTs have general application, while others are custom GPTs specifically for commercial real estate. One such CRE-specific GPT that we recently built…
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.…
The Conditional Weighted Average – SUMPRODUCT with SUMIF (Updated Apr 2024)
Consider this scenario: you have a 50 tenant rent roll, consisting of various tenant types (i.e. small inline, large inline, junior anchor, anchor, etc.), and you want to calculate the weighted average rent for each tenant type. If I asked you,…
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…
Multifamily Development Model (Updated April 2024)
Not to be confused with Spencer's masterpiece, The A.CRE Apartment Development Model, I decided to build a second option on our website for multifamily development with a different feel. For us true modeling nerds out there, we know that financial…
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…
Retail Real Estate Development Model (Updated Apr 2024)
I'm excited to share my Retail Development Model in Excel. This pro forma analysis tool comes as I've continued to build and share specialty real estate models, tailor-made for specific investment scenarios and property types.
This model…
Office Real Estate Development Model (Updated Apr 2024)
I'm excited to share my Office Development Model in Excel. This pro forma analysis tool comes as I've continued to build and share specialty real estate models, tailor-made for specific investment scenarios and property types.
This model…
Commercial Mortgage Loan Analysis Model (Updated Mar 2024)
Over the years, I've received various requests to augment our library of real estate Excel models to include a model for underwriting and analyzing commercial mortgage loans. Specifically, people have asked for a tool to calculate the loan amount…
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.…
Construction Draw and Interest Calculation Model (Updated Feb 2024)
I originally uploaded this equity/construction loan draw and interest calculation tool to our library of real estate financial analysis models in 2016. Over the years, I've continued to update it as suggestions, comments, and requests…
Real Estate Sources and Uses of Capital Module (Updated Feb 2024)
An important component in any acquisition, development, and value-add model is the Sources and Uses of Capital section. Of course, how the sources and uses are modeled and how those cash flows are visualized will vary from one model to the next.…