
Real Estate Financial Modeling Accelerator (Updated September 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 Debt Module in Excel (Updated May 2024)
I thought I'd share the real estate debt module I originally built for the ARGUS alternative in Excel. Most debt modules I've seen in real estate financial models only include the ability to model fully amortizing senior debt. Mike challenged…

Timing of Preferred Return vs Return of Capital in an Equity Waterfall with IRR Hurdles (Updated May 2024)
Recently, we had an A.CRE reader ask us about the mechanics of Preferred Return distributions in our equity waterfall models with IRR hurdles. Specifically, he questioned the timing of when and how Preferred Return vs Return of Capital were…

Creating a Strong Relationship with Brokers
Building a strong relationship with brokers is essential for anyone looking to succeed in the commercial real estate market. These professionals provide a wealth of information that is often not accessible through public records, including market…

Case Study #1 – Presidio (Case + Solution, Updated May 2024)
This is the first in a series of commercial real estate case studies shared by A.CRE. These case studies are meant to help you practice to master real estate financial modeling. Presidio puts you in the role of an acquisitions professional needing…

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…
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…
