
Real Estate Financial Modeling Accelerator (Updated September 2026)
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…

Multi-Tenant Industrial Acquisition Model
Multi-tenant industrial covers a lot of ground. On one end is an older infill business park with 20 small suites leased to contractors and local distributors. On the other is a 400,000 SF cross-dock distribution building split between two or…

An AI Skill for the A.CRE Multi-Tenant Industrial Acquisition Model
We're working through a project to make our library of Excel models AI-ready. The idea is to pair every A.CRE Excel model with an AI Skill for CRE: a packaged set of instructions and reference files that teaches an AI assistant how to operate…

Get In. Stand Out. Get Hired: The Practitioner’s Guide to Real Estate Education
Students often ask us the same questions about commercial real estate education: Do I need a real estate degree? Which program is worth the investment? And what will help me stand out to employers? Those questions require different decisions.…

Camino Hacia un NOI Estabilizado – Desocupación y Pérdida Crediticia en la Suscripción de Propiedades Inmobiliarias (Actualizado Oct 2026)
Considerar la posible pérdida por desocupación, así como la falta de pago de los inquilinos en una propiedad inmobiliaria que genera ingresos, representa otra de las decisiones clave de suscripción que los profesionales inmobiliarios deben…

The Road To A Stabilized NOI – Vacancy And Credit Loss In Real Estate Underwriting (Updated Oct 2026)
Considering the potential vacancy loss as well as tenant default on an income-producing real estate property represents another key underwriting decision that real estate professionals must make when transitioning to a pro forma (Stabilized)…

An AI Skill for the A.CRE Commercial Real Estate Lease Analysis Tool
I've been working on a project to make our library of Excel models AI-ready. The idea is straightforward: pair every A.CRE Excel model with an AI Skill, a packaged set of instructions and reference files that teaches an AI assistant how to operate…

Commercial Real Estate Lease Analysis Tool (Updated Oct 2026)
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…

Cuando el Otro Lado Dejó de Pagar: Crisis Financiera del 2008, Parte 6
Parte 6 de mi serie recorriendo la crisis financiera de 2008 desde la óptica de los bienes raíces, y la entrega en la que las pérdidas dejan de ser un problema de unos pocos y se vuelven un problema de todo el sistema. Si recién te sumas,…

Waterfall Model For Real Estate Joint Ventures with Catch Up (Updated Oct 2026)
I've just wrapped up a new JV waterfall model with catch up clause that I am excited to share on the site. This model was built as an addition to my back-of-the envelope retail/industrial/office acquisitions model I posted a few weeks back.…

The AI.Edge – Become an AI Leader in CRE (Updated Oct 2026)
It’s been the go-to line ever since ChatGPT exploded onto the scene in 2022 and AI became a talking point in every office:
"AI won’t take your job, but someone using AI will."
I’ve said that - or some variation of that - myself in dozens…

Episode 19 of Multipliers: Three Things CRE Firms Getting Ahead Are Actually Doing
Most CRE firms have adopted an AI harness like Claude, ChatGPT, or Copilot, but very few know what to do next.
That's an accurate description of where the industry is right now. The CEO Spencer spoke with the day before this recording runs…

When the Other Side Stopped Paying: 2008 Crisis, Part 6
Part 6 of my series working through the 2008 financial crisis from a real estate perspective, and the part where the losses finally reach the plumbing. If you're new to the series, in Part 1 I looked at why the mortgage was trusted, in Part…

How to Implement AI Across a Commercial Real Estate Firm
Most commercial real estate firms are already using AI but the problem is that very few are using it systematically. Here's how we it often goes.
Someone on the acquisitions team has figured out how to use Claude to summarize offering memoranda.…

Modelo de Desarrollo de Apartamento en Excel (Actualizado Octubre 2026)
Antes y después de ser economista, siempre me he visto involucrado en distintos proyectos personales que me han servido para crecer profesionalmente, este camino me ha llevado desde el alquiler de locales comerciales minoristas y de oficinas…
