A.CRE Accelerator Reviews (Updated May 2023)

★★★★★

The A.CRE Accelerator continues to grow in prominence and recognition as an industry standard for teaching real estate financial modeling to new and established CRE professionals. Those who complete the program exhibit an advanced proficiency that ranks among the top in the industry. As of May 2023, over 1,100 individuals have graduated from the Accelerator, while that number continues to grow with thousands more currently enrolled in the program.

Accelerator Graduates from 2019 to 2023

Upon completing the 17-course Accelerator core curriculum, A.CRE Accelerator graduates are provided an opportunity to share a review of their Accelerator experience and self-report on how much their real estate financial modeling skills improved as a result of the program. In this post, we summarize the results of that post-Accelerator survey.

First, we’ll share the results of our survey related to proficiency, before and after taking the Accelerator. Then, we’ll share the candid Accelerator Reviews. These reviews come in response to a question about their overall experience.

Not yet an Accelerator member? Consider joining the real estate financial modeling training program used by top real estate companies and elite universities to train the next generation of CRE professionals.

A.CRE Accelerator Graduate Progress Report (>2.0x Improvement)

In addition to providing a candid review of their experience (scroll to see reviews below), Graduates share their proficiency level modeling real estate before and after taking the program. The results are illustrated below from over 900 individuals who shared their progress.

Average Beginning Proficiency of 3

Graduates are first asked: When you started the Accelerator, at what level was your real estate financial modeling proficiency? 1 being a complete beginner and 10 a complete expert. 

The average Accelerator Graduate rated their beginning proficiency at about a three (3).

Average proficiency of Accelerator members before starting the program.


Average Ending Proficiency of 8

Graduates are then asked: On a scale from 1 to 10, how would you rate your real estate financial modeling proficiency after completing the Accelerator? 

The average Accelerator Graduate rated their ending proficiency at about an eight (8). Greater than a 2.0x improvement in their overall proficiency.

Average proficiency of Accelerator members after graduating from the program.

Accelerator Reviews from Graduates

The following reviews came in response to the question: How would you describe your experience in the A.CRE Accelerator? Individuals who provided an anonymous review are titled as simply ‘Accelerator Graduate’ below. All reviews have been added “as is,” with no filtering.

“I really enjoyed the A.CRE Accelerator. It is comprehensive and the videos are thorough and extremely helpful. Even though I have previous experience in Real Estate Modeling I learned a lot and definitely think this is the best training course I have done.”

“I am CERTAIN that the Accelerator has given me the tools and information necessary for my transition into commercial real estate. Your hard work has positively impacted my life and the lives of others. Keep up the great work!”

“I enjoyed the program and advanced my proficiency in RE modeling.”

“Really blown away at the precision and expertise. Issues were addressed within minutes and the materials worked seamlessly.”

“The detailed courses and videos really helped to deep dive into subjects.”

“This was a fantastic and thorough course. I feel like I got what I paid for. Practical knowledge, and great teachers.”

“Thanks for your knowledge! I can sense your passion for the business, and it’s helped me a ton with analyzing land deals/new development projects.”

“It was fantastic. I don’t know if y’all can see the ratings from above, but I would say I came in at a 3 and left at 6. This is also my first time through the Accelerator, and I anticipate practicing again and again until I would say that I am an 7-8. I would recommend this course to anyone without hesitation. Excellent job.”

“This program was a lot of fun. The case study approach felt like I was actually working at a REPE or dev shop. And of course, Spencer and Michael explained every concept clearly and effectively — anything from Excel shortcuts to complex topics like equity waterfalls and debt. I’ll review certain sections a second time and recreate the models just for fun (and for extra practice) in the near future!”

“Great experience. By far the best real estate modeling course out there.”

“I prefer to learn things in a step by step manner, starting with the basics and building upon them. That is exactly what the Accelerator was able to do for me; it broke down each of the concepts in a digestible way and challenged me to apply them in the case study examples. I am starting an Analyst position at a REPE firm in January 2020 and the Accelerator not only gave me the modeling confidence to land the job but it put me in a position to hit the ground running on day one and model with confidence.”

“Seamless and easy to follow with great takeaways that allow me to build my own models with very few questions left unanswered.”

“Best online course I’ve had so far – lecturer explained concepts in great detail and in a step-by-step manner, catering to an audience who may have no previous industry knowledge.”

“A great challenge. Real applicable concepts and with great examples.”

“Fun experience.”

“Valuable, extremely relevant to my career path, enjoyable, fun. This course was key in helping me ace my technical interview and land the job I wanted.”

“I am a fan of your Adventures in CRE. It’s a great resource and your Acquisitions model is the best I have found. I’ve used it to underwrite a large number of properties and close a few neighborhood apartment deals. So thank you!”

“Extremely helpful .”

“Unbelievable. 10/10 would and have recommended”

“Thanks for all you have done on A.CRE. It has been a great resource for me. I work for a relatively small investment/management company which means I have had to do a lot of self teaching. Your website has been instrumental in my learning process.”

“Great learning experience. I fell off at the end due to the self paced class experience, but it definitely exposed me to some different techniques.”

“It was challenging, which made it exciting to learn about real estate financial modelling.”

“My experience in the A.CRE Accelerator was fantastic. Not only did I learn all of the necessary mechanics for Real Estate Financial Modeling, but I also got a deep understanding of all the necessary components and picked up a ton of industry tips along the way. The difficulty of the Accelerator was sufficiently serious to ensure that the learnings were legit, but it was also flexible enough to allow me to breeze through things I was comfortable with and really slow down for things I wasn’t.”

“Excellent. Helped me obtain a more lucrative job.”

“Great! I learned more than I imagined I would.”

“Excellent, very good program. Long term lease section- confusing and seems needlessly tedious.”

“The best and most comprehensive way to learn REF modeling that I have come across. This program made all concepts simple to learn yet allowed me to grasp and build on complex concepts.”

“Very positive.”

“Great. Learned a lot. Not just about modeling, but RE and its asset classes too.”

“Excellent, your entire platform is very well done.”

“It was a great experience. I learned a lot about RE financial modeling and the RE industry in general and will continue to build on what I have learned in order to master the RE industry.”

“Extremely helpful. In retrospect I would’ve done the course in less time but my personal schedule didn’t allow. It’s great that I’m allowed access for a full year which will give me the opportunity to go back through & improve my learning.”

“Wonderful – grateful to have found the course.”

“It was challenging, which made it exciting to learn about real estate financial modelling.”

“Informative, structured and helpful.”

“Fantastic, the dashboard is a little intimidating at times but the courses themselves are very helpful and engaging.”

“Great experience. Learned a lot.”

“I thought it was great, very well rounded and the videos were very easy to follow.”

“Great program. Really need to go do it again more slowly to truly learn the material though. It is the most targeted, effective real estate financial modeling course I have found. Wish the price we pay gave us access for more than a year though, I am also completing breaking into wall street’s real estate modeling course which is likely a bit more rigorous from a pure finance perspective and explaining WHY certain calculations are what they are but not as good in terms of real estate specific industry standards (it is really more investment banking focused) thus does not have the same direct carry over to my job that this course does. I would like the opportunity to finish the BIWS course to really understand what is happening when I am calculating all of these cashflows and then come back and be able to apply that knowledge to this course by being able to take it again. I may be able to do that but would feel more confident in my timeline if this course had lifetime access.”

“Fundamental Basic well and explicit explained…Thanks a lot!.”

“Great content which is easily digestible and very hands on ito following.”

“Great experience. Very thorough, with plenty of detail, but also moved a nice, quick pace in order to push through.”

“My experience with the A.CRE Accelerator was remarkable. The courses are very well explained and have a wealth of knowledge throughout. I was impressed with the information provided and how well structured the course was. I would recommend this course to anyone who is at the beginner or intermediate level to hone their modeling skills. Even though I had taken a few RE modeling classes in graduate school, I found the structure of this course clearer, cleaner and more logical.”

“Very informative and a great learning experience.”

“Seamless and easy to follow with great takeaways that allow me to build my own models with very few questions left unanswered. ”

“Good – Will need to do the whole course a second time at least, need more experience and practice.”

“A.CRE has been great. I’ve been taking several modeling courses in my own time and this is by far the most comprehensive.”

“I thought it was extremely helpful and very applicable to the real world. Both Spencer and Michael are great teachers and do an excellent job explaining the fundamentals and concepts of real estate modeling. I’m grateful that I found this course and I can’t thank Spencer and Michael enough for putting this course together!”

“Very informative and learnt very relevant material.”

“The course was very easy to follow and the broke down the concepts into manageable pieces.”

“Thought this was a good overview for novice real estate analysts.”

“The experience was great. The course is perfect for those with an understanding of RE fundamentals and basic excel skills. I really enjoyed the thoroughness and layout of the course, building on each topic as you progress.”

“Unbelievable. 10/10 would and have recommended.”

“I thought that this was a very good approach to providing this education; however, I there were inconsistencies between videos in some lessons (tho they had already been noted in the comments, just not yet corrected in the videos); but on the whole this was very positive.”

“It was a great experience. Unfortunately, I could not take my time going through the courses as I was interviewing with a top developer and needed to be as proficient as possible before my modeling test.”

“Fantastic, the dashboard is a little intimidating at times but the courses themselves are very helpful and engaging.”

“I liked it, I wish it got even more advanced and we got to build a few more models.”

“Beginning was slow. Went from Excel level 3 to 7 (1-10 scale).”

“Lots of great exposure to excel in the RE modeling context. Still need repetition to internalize all the concepts.”

“Interesting, as it show me another way to model and structure the cash flow.”

“I decided to take the Accelerator because my Master in RE did not prepare me for a career in building models and navigating excel. This program has been incredibly valuable to me. Michael and Spencer, thank you for providing such a quality product!”

“Great learning experience. I fell off at the end due to the self paced class experience but It definitely exposed me to some different techniques/”

“Smooth progression provided a good foundation to build on the skills gained in earlier lessons.”

“Really valuable particularly with layouts and the setup.”

“This program was a lot of fun. The case study approach felt like I was actually working at a REPE or dev shop. And of course, Spencer and Michael explained every concept clearly and effectively — anything from Excel shortcuts to complex topics like equity waterfalls and debt. I’ll review certain sections a second time and recreate the models just for fun (and for extra practice) in the near future!”

“Great programme, some fantastic tips and very efficient way of improving existing financial modelling skills”

“I thought it was great, very well rounded and the videos were very easy to follow. ”

“I really enjoyed the A.CRE Accelerator. It is comprehensive and the videos are thorough and extremely helpful. Even though I have previous experience in Real Estate Modeling I learned a lot and definitely think this is the best training course I have done. ”

“It was good content that was explained well. Repetition is key.”

“Wonderful – greatful to have found the course”

“Extremely helpful. In retrospect, I would’ve done the course in less time but my personal schedule didn’t allow. It’s great that I’m allowed access for a full year which will give me the opportunity to go back through & improve my learning. ”

“It was a great experience. I learned a lot about RE financial modeling and the RE industry in general and will continue to build on what I have learned in order to master the RE industry.”

“Excellent. Helped me obtain a more lucrative job.”

“The best and most comprehensive way to learn REF modeling that I have come across. This program made all concepts simple to learn yet allowed me to grasp and build on complex concepts.”

“It was fantastic. This is also my first time through the Accerlator, and I anticipate practicing again and again. I would recommend this course to anyone without hesitation. Excellent job.”

“My experience in the A.CRE Accelerator was fantastic. Not only did I learn all of the necessary mechanics for Real Estate Financial Modeling, but I also got a deep understanding of all the necessary components and picked up a ton of industry tips along the way. The difficulty of the Accelerator was sufficiently serious to ensure that the learnings were legit, but it was also flexible enough to allow me to breeze through things I was comfortable with and really slow down for things I wasn’t. ”

“It was a very helpful course and made it easy to understand for a beginner like myself.”

“Wonderful! I loved learning all the concepts as I wasn’t a finance major.”

“It was great. I really feel like I understand the concepts. I don’t have every formula memorized because it would take me 2-3 times with each class to do that”

“A very positive experience. Watching the watch-me build videos at my own pace along with repetitive practice helped me improve my financial modeling skills drastically. Instructors were both knowledgeable and practical and easy to follow along to. ”

“Very educative, actually much more helpful than most of my university classes .”

“Underpin what I’ve already known and make what I’ve known well-organized; find out what I don’t know or have questions on or don’t have efficient solution on and give me the answers or solutions. Really a great addition and reinforcement to my financial modeling knowledge base.”

“Exactly the information and learning experience I was looking for. Almost wish I would have done this before and in lieu of my Master’s in Real Estate.”

“This was a fantastic learning experience that I would absolutely recommend to anyone interested in RE financial modeling!”

“Incredibly helpful! Even though I had a background in modeling and excel, I appreciated how you started from the very beginning and built up knowledge throughout. Also very helpful how you assumed no real estate knowledge and taught things like NOI and cap rates from the beginning..”

“The A.CRE Accelerator was a fantastic albeit challenging and rigorous program. I appreciated that it thoroughly explained each step in each process in addition to explaining real estate concepts and terminology to new entrants to the industry. The platform is also fantastic and optimized for virtual learning and self-paced learning. The course forum is a thoughtful addition to learn through other professionals taking the program and gain further insight from the team on areas where I needed more clarity. I was impressed by how responsive and thorough the team is when answering questions. Incredibly thankful for this program and the accessible price point. I also appreciate the immense library of additional materials available on A.CRE so that I can continue to learn and advance in my newly acquired real estate financial modeling skill-set! A.CRE made a topic that could easily have been painful really fun and enjoyable.”

“This is a great program for a complete beginner or an expert in real estate financial modeling. I have not taken any formal real estate courses and Spencer and Michael did a great job explaining concepts of the field as well as in modeling.”

“I really enjoyed the case studies and “real-life” applicable scenarios. I had previously completed the REFM Model for Success and found that it was much broader and did not have a case-based curriculum, which I thought was a great component of the A.CRE Accelerator.”

“Loved it! The way it was structured with module numbers and lecture numbers made it feel like a game. ”

“An amazing introduction to the world of real estate financial modeling. I don’t think that my skills are at the level where I will be able to be competitive interviewing for an associate-level position however I now understand the basics needed to really begin to build my technical niche in the industry.”

“A.CRE was very thorough and easy to follow. All links were helpful to understand definition and rationale for completing an analysis.”

“Fantastic experience for just the right value to cost.”

“Much better than expected, especially considering that the course has tackled a problem that I have been struggling at work, which is to automatically calculate the promote for GP/LP given a predetermined hurdle rate. Also, as someone who currently works with 100% industrial real estate deals, I appreciate that the CRE Team has provided introductory courses regarding different asset classes, and explained how a model in one industry can be different from another.”

“It was an amazing experience, full of advanced, complete, and realistic content. I have still a lot of work to do, in order to improve my modeling skills, and the advance concepts and supplementary tools section will be very helpful. ”

“It was great, really easy to follow and understand high level concepts.”

“Very helpful. In-depth real-life examples that will certainly help translate to my line of work.”

“Very easy to use, nice clear and explained videos that make following the build of models easy and manageable.”

“It was great, I really feel like I’m much more marketable to real estate companies and I feel with a few more years of real estate experience I could start running personal deals relatively comfortably.”

“Working as a full-time Capital Markets Analyst for a highly producing commercial mortgage brokerage. Analyzing debt on a daily basis while reviewing clients’ equity-side models.”

“Great experience, will continue to use the resource. Not only a modeling certificate but also a great excel teaching tool. ”

“A.CRE Accelerator provides a comprehensive set of materials that takes a student like myself through what is not taught in a regular MBA class. The program gets me up to speed on modeling and the fundamentals that drive each real estate deal. Both Spencer and Michael are phenomenal practitioners who excel at their craft and pass on the knowledge to those who are interested in real estate modeling. ”

“Necessary for professionals in Real Estate. ”

“Worthwhile investment of time and money. I used to do a lot of modeling when I was getting started 30 years and this course was a great opportunity to rediscover Excel and pick up best practices for organizing and presenting financial models. The learning interface is especially well-conceived and Spender & Michael are impeccable presenters. The library of excel models and resources will be useful for some new work I am starting. Thanks guys! ”

“I really enjoyed the course. It was easy to follow and extremely helpful in improving my modeling skills.”

“It was good, but being able to physically do it in person is a better form of delivery. ”

“Great class! I learned a lot and will continue to study the material more for continuous improvement. ”

“I thought it was a clear breakdown of how models are put together and was helpful to see important metrics and the flow of data.”

“I really enjoyed the accelerator course and found the material engaging and easy to follow with each course building on the next. I like how the assignments are split into bite-size pieces making it easy to learn and build skills a little bit at a time and then putting everything together at the end of each course and in the capstone courses.”

“Very informational. Help me really understand how to set up spreadsheets.”

“Fantastic! would love more case studies.”

“I thought the A.CRE Accelerator was great and loved it. Wish I had completed it earlier! The thoroughness and thoughtful explanations are incredible. Definitely the best real estate financial modeling course I have come across by a long shot!”

“Very positive. The material thorough and clearly explained.”

“Really enjoyed it. Stayed motivated and easy to follow along.”

“In short, this course was a little overwhelming “at first”. That said, I came into this course not knowing much when it comes to modeling DCF’s of potential CRE deals. However, things started to click once I grasped the key vocabulary, fundamental formulas, key measurable metrics, etc. Overall, this course has open my eyes to the opportunities within this space.”

“I found this experience to be tremendously informative and rewarding. I have no real world experience in commercial real estate, yet. My bachelor’s degree in business administration had a concentration in commercial real estate, and I have taken several of the CCIM Institute’s core courses, but nothing this thorough. A lot of the concepts and practices in this course were familiar to me, however, I’ve never been able to apply them in a more realistic scenario like the case studies allowed me to do. I still have a lot to learn, and I hope I find my place in the world of CRE. Regardless, the Accelerator program has definitely provided me with a solid foundation of real estate financial modeling skills to build upon.”

“Very positive”

“Overall it was a positive experience.”

“Alright, I wish it was more interactive and tested oriented.”

“Enlightening, eye-opening. I am now a lot more comfortable modeling. I am a recent graduate so there is perhaps still a learning curve on the job when modeling but I can say I can more easily follow a model and I have become a lot quicker at catching mistakes.”

“This course provided me with a better understanding of modeling with excel (i.e., organizing and formatting models, formulas, key commands). Additionally, it gave me a more nuanced understanding of property performance for making investment decisions.”

“Absolutely Wonderful!”

“I benefited from the Accelerator program because I was exposed to financial modeling scenarios from a variety of different asset & risk types. Moreover, many of the modules are centered around real-world scenarios and so by doing this I now feel like I have the confidence to either model this successfully, or at least to have a foundation of where to start.”

“Best-Value course I have ever taken.”

“Incredibly positive”

“I would describe the experience as hands on. I really enjoyed the case studies and looking at fictional properties and OMs.”

“Worthwhile.”

“I really enjoyed the A.CRE Accelerator. Although I had some knowledge coming into it, I now feel much more confident in my modeling knowledge to be able to model my own projects and explain every calculation during a conversation with my investors and mentors.”

“The course is challenging. Due to work demands I had to step away from it several times, but am very happy to have completed it. I believe this is real estate financial modeling taught by instructors on the highest level and will refer to these teachings for the rest of my career.”

“It was easy to follow. The courses and videos are well paced and instructions are very clear.”

“I would say that this course got me totally familiar with the basics and overall concepts behind Real Estate Modeling and gave me a great starting point to prep for interviews / come into a job more prepared than the guy next to me.”

“It was good. I like the breakdown of the model between investment cash flows, operating cash flows, etc. It makes the model much easier to understand and calculations a lot easier than what I was previously doing.”

“Well structured and enjoyable.”

“The A.CRE Accelerator made concepts that I always found difficult to understand very accessible and enjoyable to study. I have a Masters degree in Real Estate Investment, but real estate financial modeling was not covered in this much detail in any of my classes. This course has enabled me to really improve my excel and real estate modeling skills. I now feel more comfortable and confident knowing that I have these skills to apply in my future technical interviews and in the workplace.”

“Everything I could have ever wanted. I felt I learned more taking this course than four courses on real estate in college. ”

“Fantastic, learned many new excel tricks and deepened my knowledge of real estate modeling and the industry in general.”

“Informing and Refreshing.”

“Enlightening. The depth to the education received is unmatched. Not only did I gain understanding of industry terminology, the step-by-step modeling videos prepares any student of the game to be a successful industry professional.”

“Great, able to complete and learn at one’s own pace.”

“Very good.”

“Very satisfactory! Found the courses to be thorough, clear, and well paced. Looking forward to working through some of the earlier modules to refresh and refine my understanding of different concepts.”

“Overall the course is awesome – I wish I would have had this in college. With that being said I should have put more time into it. I wish we had lifetime access to the videos.”

“Great.”

“I think it was great, and the lectures lay the groundwork to build more advanced models. Every concept was well explained by Spencer and Michael. The Excel logic and shortcuts are also very valuable skills that I appreciate. I’m only a university student right now, but many full-time analysts have heard of this site/course and say it’s fantastic. I’d definitely recommend it to anyone who asks me.”

“I thought the course was incredible, especially as a beginner to the world of Real Estate. I came in with simple financial knowledge and no excel experience but I never felt lost. Overall, it was exactly what I was looking for. Money well spent!”

“Love’d it. Going to continue practicing these lessons until I’m a 10/10 prof.”

“Enjoyable and very helpful.”

“Without question the best course on the fundamentals of REFM. It is explained clearly and simply enough for a beginner but also elaborated on in detail enough for those more experienced.”

“It was a positive experience. I like how you guys focused on layout, rent roll organization, and input/output organization.”

“The A.CRE Accelerator was very thorough and organized. I appreciated how every course built off the previous one, eventually leading to building entire models myself.”

“It was great and really taught me a lot.”

“A.CRE Accelerator allow me to get a better understanding of how to underwrite various CRE asset classes. Both Michael and Spencer did a great job of explaining in details the different steps involve in the process and step by step on how to check your work and what to look out for if something seems incorrect. Overall great course for someone like me trying to transition into commercial real estate.”

“I love every moment when I study each course.”

“Learned a lot about asset classes that were outside of my knowledge. The course was well taught and kept the audience engaged.”

“Very Helpful.”

“Really enjoyed the course.”

“Excellent.”

“Very good experience, slow start with good review of all the basics and then the more I advanced the most challenging (and fun) it became. Good resources and explanations, some areas were more challenging than others but with the forum and watch me build it became clearer. I have definitely learned a lot, and I now spot mistakes much faster. Overall I feel more confident with my modeling skills now.”

“The Accelerator have given me many new tools and points of view that I will applied in the Real Estate sector in Colombia. I would have liked more time to get more out of it. However I will keep searching new content in A.CRE website. Thank you!”

“Incredibly helpful. Gave me a stronger understanding of basics and confidence to tackle cases and models outside of the course.”

“I had a great overall experience, thank you so much for doing such a great job.”

“Amazing. Learned much more about the different sides/parties of the real estate deal in addition to modeling. The videos were clear and helpful. The format couldn’t have been better. I started this after having worked as an analyst for a large bank and working with our models for 2 years so I had a basic understanding of how the pieces fit together. The Accelerator helped me develop a much broader understanding of real estate modeling outside of my job’s view of debt and underwriting to a bank case NOI and it stops there. The Accelerator also helped to fill in knowledge gaps in real estate I had which is invaluable for working with our clients and understanding their perspective.”

“Incredibly helpful, thorough, and comprehensive. As a leasing broker I have always wanted to learn how to underwrite, and this is by far the best course material and teachings that I have come across anywhere. I could not recommend the accelerator enough, and I will constantly refer to both Spencer and Michael as a reference for best practices. Thank you!”

“Very intuitive, providing you insight in all facets of the real estate sector and different property types, A.CRE provides you a good grasp on concepts and modeling.”

“I really liked the fact that each module builds on each other. It really makes the learning process a lot more enjoyable.”

“I thought the courses were easy to follow and extremely well put together. I learned a lot in each course, both concept wise and technical modeling skills. Overall, I am very pleased with my experience!”

“It was great!”

“The course was fantastic and I appreciated the detailed instruction. I am most interested in multi-family, ground up development, so more content there is my first choice, but retail options on the ground floor.”

“It took a very long time which is the only real way to learn. Lots of reps. Like any good educational experience I now know I’m only scraping the surface of true proficiency. I honestly look forward to continuing education through the forums and newly developed content. I regret not having access for more than 1 year. Maybe there is an option to expand my membership?”

“A great experience!”

“Very thorough and detailed.”

“10/10.”

“Very good.”

“Great! Really appreciate the time you take in the videos explaining the concepts and showing how to implement, along with the detailed case (and realistic) summaries. Thank you!”

“Great, wouldn’t be where I am today without it. Tremendous resource well worth the money.”

“Awesome course. Great format for learning practical modeling.”

“I had an excellent experience and would recommend this to anybody looking to improve their real estate financial modeling proficiency. I already have recommended it to another of my colleagues.”

“Great experience. Well worth the investment.”

“Very Good.”

“Comprehensive and well structured and (especially important) relevant/applicable. Additionally, a consequence of the accelerator is learning more about the various return metrics. Becoming conversant in the investment/development is the first step to getting a shot at a technical interview.
For me, going back and reviewing the lessons and remodeling the projects will be critical. I need more reps. After more time practicing, I believe I can confidently approach technical interviews. Really appreciate the additional content provided for post Accelerator practice.”

“Excellent – loved the systematic approach.”

“Great tool and even better with long term access to come back and review.”

“It is very good and worth it. The lecture is very well paced.”

“Great- this is the best product on the market.”

“I enjoyed it, and found it both accessible and engaging. Exploring each cell of a model is a great way to deepen your understanding of them, even if you are using an existing template or computer program to model at work.”

“I really liked it! I found it very helpful and a great asset.”

“Very Helpful, with a great structure.”

“It was wonderful. I learned a lot in excel and real estate.”

“Excellent job linking to industry standards, best practices and real world examples.”

“Fantastic Course.”

“Amazing – my skills have drastically improved and I feel much more confident when looking at models in excel. Thanks so much!”

“Thought it was great, looking forward to some of the advanced sections.”

“Fantastic.”

“Great overall.”

“It was great, I really feel like I’m much more marketable to real estate companies and I feel with a few more years of real estate experience I could start running personal deals relatively comfortably.”

“Extremely thorough and iterative, each module builds on the last.”

“Practical, Useful, Efficient.”

“Very helpful. In depth real life examples that will certainly help translate to my line of work.”

“It was great, really easy to follow and understand high level concepts.”

“Much better than expected, especially considering that the course has tackled a problem that I have been struggling at work, which is to automatically calculate the promote for GP/LP given a predetermined hurdle rate. Also, as someone who currently works with 100% industrial real estate deals, I appreciate that the A.CRE Team has provided introductory courses regarding different asset classes, and explained how a model in one industry can be different from another.”

“Fantastic experience for just the right value to cost.”

“A.CRE was very thorough and easy to follow. All links were helpful to understand definition and rationale for completing an analysis.”

“An amazing introduction to the world of real estate financial modeling. I don’t think that my skills are at the level where I will be able to be competitive interviewing for an associate level position however I now understand the basics needed to really begin to build my technical niche in the industry.”

“Loved it! The way it was structured with module numbers and lecture numbers made it feel like a game.”

“I really enjoyed the case studies and “real-life” applicable scenarios. I had previously completed the REFM Model for Success and found that it was much broader and did not have a case-based curriculum, which I thought was a great component of the A.CRE Accelerator.”

“Great! I learned a ton and am very happy I did it.”

“The A.CRE Accelerator was a fantastic albeit challenging and rigorous program. I appreciated that it thoroughly explained each step in each process in addition to explaining real estate concepts and terminology to new entrants to the industry. The platform is also fantastic and optimized for virtual learning and self-paced learning. The course forum is a thoughtful addition to learn through other professionals taking the program and gain further insight from the team on areas where I needed more clarity. I was impressed by how responsive and thorough the team is when answering questions. Incredibly thankful for this program and the accessible price point. I also appreciate the immense library of additional materials available on A.CRE so that I can continue to learn and advance in my newly acquired real estate financial modeling skill-set! A.CRE made a topic that could easily have been painful really fun and enjoyable.”

“Incredibly helpful! Even though I had a background in modeling and excel, I appreciated how you started from the very beginning and built up knowledge throughout. Also very helpful how you assumed no real estate knowledge and taught things like NOI and cap rates from the beginning.”

“This was a fantastic learning experience that I would absolutely recommend to anyone interested in RE financial modeling!”

“Enlightening.”

“Very positive, I learned a lot.”

“Underpin what I’ve already known and make what I’ve known well-organized; find out what I don’t know or have questions on or don’t have efficient solution on and give me the answers or solutions. Really a great addition and reinforcement to my financial modeling knowledge base.”

“A very positive experience. Watching the watch-me build videos at my own pace along with repetitive practice helped me improve my financial modeling skills drastically. Instructors were both knowledgeable and practical and easy to follow along to.”

“It was good content that was explained well. Repetition is key.”

“Enjoyed the program.”

“It was great. I really feel like I understand the concepts. I don’t have every formula memorized because it would take me 2-3 times with each class to do that.”

“Wonderful! I loved learning all the concepts as I wasn’t a finance major.”

“Thorough and useful.”

“It was a very helpful course and made it easy to understand for a beginner like myself.”

“Great.”

“Excellent, very good program.”

“Great.”

“Fundamental Basic well and explicit explained…Thanks a lot!”

“Great!”

“Great programme, some fantastic tips and very efficient way of improving existing financial modelling skills.”

“Knowledgable and Productive.”

“I thought it was great, very well rounded and the videos were very easy to follow.”

“Great experience. Learned a lot.”

“Fantastic, the dashboard is a little intimidating at times but the courses themselves are very helpful and engaging.”

“I really enjoyed the A.CRE Accelerator. It is comprehensive and the videos are thorough and extremely helpful. Even though I have previous experience in Real Estate Modeling I learned a lot and definitely think this is the best training course I have done.”

“Informative, structured and helpful.”

“Positive and efficient.”

“Fun experience.”

“Wonderful – grateful to have found the course.”

“Extremely helpful. In retrospect I would’ve done the course in less time but my personal schedule didn’t allow. It’s great that I’m allowed access for a full year which will give me the opportunity to go back through & improve my learning.”

“It was a great experience. I learned a lot about RE financial modeling and the RE industry in general and will continue to build on what I have learned in order to master the RE industry.”

“Excellent. Helped me obtain a more lucrative job.”

“Great learning experience .. I fell off at the end due to the self paced class experience but It definitely exposed me to some different techniques.”

“Great, learned a lot not just about modeling but RE and its asset classes too.”

“Beneficial.”

“Excellent, your entire platform is very well done.”

“Very positive.”

“Phenomenal.”

“Great.”

“The best and most comprehensive way to learn REF modeling that I have come across. This program made all concepts simple to learn yet allowed me to grasp and build on complex concepts.”

“Seamless and easy to follow with great takeaways that allow me to build my own models with very few questions left unanswered.”

“Great!”

“Great experience. By far the best real estate modeling course out there.”

“Extremely helpful.”

“It was fantastic. I don’t know if y’all can see the ratings from above, but I would say I came in at a 3 and left at 6. This is also my first time through the Accelerator, and I anticipate practicing again and again until I would say that I am an 7-8. I would recommend this course to anyone without hesitation. Excellent job.”

“Great.”

“Great! I learned more than I imagined I would.”

“Excellent.”

“The detailed courses and videos really helped to deep dive into subjects.”

“My experience in the A.CRE Accelerator was fantastic. Not only did I learn all of the necessary mechanics for Real Estate Financial Modeling, but I also got a deep understanding of all the necessary components and picked up a ton of industry tips along the way. The difficulty of the Accelerator was sufficiently serious to ensure that the learnings were legit, but it was also flexible enough to allow me to breeze through things I was comfortable with and really slow down for things I wasn’t.”

“Great.”

“I enjoyed the program and advanced my proficiency in RE modeling.”

“It was challenging which made it exciting to learn about real estate financial modelling.”

“Very impressed with the level of detail provided.”

“Excellent.”

“Great!”

“Very positive.”

“Great.”

“Working as a full-time Capital Markets Analyst for a highly producing commercial mortgage brokerage. Analyzing debt on a daily basis while reviewing clients’ equity-side models.”

“Very helpful.”

“Great course, I feel like I learned a lot and can continue to come back and practice.”

“Great experience, will continue to use the resource. Not only a modelling certificate but also a great excel teaching tool.”

“Informative and technical knowledge.”

“Fantastic! Will definitely be recommending it!”

“Very useful.”

“A.CRE Accelerator provides a comprehensive set of materials that takes a student like myself through what is not taught in a regular MBA class. The program gets me up to speed on modeling and the fundamentals that drive each real estate deal. Both Spencer and Michael are phenomenal practitioners who excel at their craft and pass on the knowledge to those who are interested in real estate modeling.”

“Necessary for professionals in Real Estate.”

“It was a great experience!”

“Excellent. Very detailed explanation!”

“Worthwhile investment of time and money. I used to do a lot of modelling when I was getting started 30 years and this course was a great opportunity to rediscover Excel and pick up best practice for organising and presenting financial models. The learning interface is especially well conceived and Spender & Michael are impeccable presenters. The library of excel models and resources will be useful for some new work I am starting. Thanks guys!”

“Very good. Great way of teaching the material and learned a ton of new skills.”

“It was good, but being able to physical do it in person is a better form of delivery.”

“I thought it was a clear breakdown of how models are put together and was helpful to see important metrics and the flow of data.”

“It was fantastic!”

“I really enjoyed the Accelerator course and found the material engaging and easy to follow with each course building on the next. I like how the assignments are split into bite size pieces making it easy to learn and build skills a little bit at a time and then putting everything together at the end of each course and in the capstone courses.”

“Positive experience. Modeling videos were very helpful.”

“Very helpful and informative. I’ve already started to apply what I’ve learned in my career, and looking forward to continuing to do so.”

“It was great. I have the tools for technical interview or to build my own models as an entrepreneur.”

“Very easy to use, nice clear and explained videos that make following the build of models easy and manageable.”

“I really enjoyed the course. It was easy to follow and extremely helpful in improving my modeling skills.”

“It was an amazing experience, full of advanced, complete, and realistic content. I have still a lot of work to do, in order to improve my modeling skills, and the advance concepts and supplementary tools section will be very helpful.”

“This is a great program for a complete beginner or an expert in real estate financial modeling. I have not taken any formal real estate courses and Spencer and Michael did a great job explaining concepts of the field as well as in modeling.”

“I think it was great, definitely learned a lot.”

“The course was great and definitely worth the investment.”

“Exactly the information and learning experience I was looking for. Almost wish I would have done this before and in lieu of my Master’s in Real Estate.”

“Great.”

“Enlightening.”

“Fairly good.”

“Great, definitely have to go through it again to have a better understanding but I found it so helpful.”

“Excellent. Great and practical course.”

“Awesome.”

“Great! I really enjoy the A.CRE modeling style it is clean and efficient.”

“Incredibly helpful and accurately priced.”

“Very educative, actually much more helpful than most of my university classes.”

“An excellent use of time to obtain a skillset required for the next step in my career.”

“Very Informative and enjoyable.”

“The courses were very detailed and it was a great learning experience for me!”

“Enlightening and very easy to follow through.”

“Very knowledgeable and easy to follow through.”

“Good, pretty straight forward and self explanatory.”

“Great class! I learned a lot and will continue to study the material more for continuous improvement.”

“I really enjoyed it. I think I need to redo it and not just follow along with the watch me build though.”

“Very informational. Help me really understand how to set up spreadsheets.”

“Very helpful, a lot of new shortcuts learned.”

“Good.”

“Impressed with content and method of teaching.”

“Great.”

“Great way to learn! I just need to do it myself now.”

“It was pretty well taught but I don’t know how much I will retain most of the concepts.”

“Gained valuable knowledge and insights with respect to real estate modelling.”

“My experience was great! This course helped me land two new jobs!”

“Terrific.”

“100% worth every penny.”

“Excellent.”

“I can’t begin to speak on how robust, informative, and easy to use it is. I am blown away.”

“Really practical lessons that I can tell will translate well to my new role.”

“Amazing.”

“It was very beneficial.”

“Fantastic. I really enjoyed the program and the courses. I liked that it was case based and that the program provided fake OMs that were similar to real OMs. The video tutorials were very clear and easy to follow along.”

“This course was a game changer to help me begin my career transition into the A.CRE industry. Both Spencer and Michael were tremendous teachers in the courses as well as in the forums. I still have a lot more to learn, but I feel this course has put me steps ahead of my cohort as I begin my MBA journey at CU Boulder.”

“Positive.”

“Great, extremely thorough and well planned curriculum.”

“I loved it. The lectures and course material was very practical and applicable.”

“Great.”

“Very well organized. Links to glossary on all pages were helpful.”

“Excellent overall. I found the videos and pacing to fit work schedule well, but still be deep enough to support the price of the package. The best aspect of this course / curriculum is how “real world” it is. While many textbooks and academic papers and sources do a good job of teaching the concepts (and perhaps dive in deeper than A.CRE’s Accelerator), this course is perfectly suited for folks who are looking to break into the industry, or pivot within the industry and are looking for answers to their “How To” questions more than their “Why” questions.”

“Fantastic program that I highly recommend to my all in the industry.”

“Great.”

“Extremely beneficial.”

“Favorable.”

“I was very happy with the quality of the materials and instructions provided in the Accelerator. As someone new to real estate modeling I also really appreciated the clear structure of the course.”

“Easy to follow and very comprehensive. This course was incredibly well thought out and designed.”

“Good, long and hard haha.”

“Learned a lot. It was a bit intense b/c I was doing it alongside fast-paced summer online classes but I managed to finish!”

“Great!”

“Very clear, practical information.”

“Great experience and I learned a ton!”

“Amazing.”

“Really enjoyed going through the videos. Learned a ton about RE financial modeling.”

“Good.”

“Solid.”

“Awesome!”

“Great!”

“Very informative.”

“I really enjoyed the teaching style! I thought both instructors did an excellent job reiterating what was already learned, rather than assuming we would remember it.”

“Great ad easy to use.”

“Great information to get a solid grasp of A.CRE!”

“Really beneficial and taught me how to think about looking at real estate financial modeling.”

“Great, things that you learn on the job BEFORE the job.”

“Great experience overall for someone coming in from a non-financial background seeking to gain exposure to the analytic/financial side of the industry.”

“Excellent! I learned a tremendous amount about real estate financial modeling through the lectures, exercises, and cases. The teaching was great.”

“Brilliant. I really like it and recommend it to everyone. It has lifted the scales from my eyes when it comes to advanced real estate computation metrics and is really user friendly.”

“Learned a lot of modeling skills.”

“Excellent!”

“Amazing – very glad I enrolled in the course.”

“Great.”

“Very positive overall.”

“I thought the Accelerator did a terrific job at taking relevant and practical scenarios and applied easy to follow teaching methods to yield a strong comprehension for anyone regardless of familiarity with real estate finance.”

“Excellent experience tailored to multiple learning styles.”

“I gained a lot of knowledge of this new field for me! Thank you!”

“Great.”

“Great, I have learnt a lot of valuable knowledge and skills in real estate financial modeling.”

“Helpful and allowed me to get a good understanding of underwriting.”

“Course clearly laid out and videos were well done and highly informative. Very easy to use system. It was very helpful to spend significant time property level analysis, rather than portfolio/platform level analysis to which I am accustomed.”

“Good.”

“Very positive and informational. Greatly helped my modeling skills and excel proficiency in general.”

“Great experience with great resources.”

“This is a well thought through process of breaking down seemingly complex concepts and relating it to other concept to point that student moves from sum of parts the whole. Both Mike and Spencer have really taken the trouble to make this accelerator relatable and a smooth learning experience. It is also onus on subscribing students like myself to go though and practice, practice and practice these lessons in our real life projects.”

“Great nice work.”

“Very insightful for A.CRE career in general, institutional quality conventions were useful too, and yet very focused on financial modeling (not overly broad). It accomplished what was promised.”

“Awesome.”

“Very helpful. Being able to rewind when I missed something was very beneficial.”

“Very Good. High quality lessons with a lot of practical examples and case studies. I am very pleased. Thank you Guys!”

“Great learning experience, hands down one of the best online courses I have taken.”

“I felt that the Accelerator program is an excellent learning experience. I used the course as a means to prepare for recruiting and it was a huge help!”

“I got to it when I could! Which was in fits and starts, but I generally really enjoyed the process which I found to be thoughtfully and diligently presented.”

“Overall, I feel like I learned a ton about Commercial Real Estate while also being able to improve skills in Excel as well. Very pleasant experience, definitely something I will recommend to others in the future.”

“Positive.”

“Very Informative, I definitely need more practice but I look forward to it.”

“Very well done course.”

“Great course. Thoughtfully done.”

“Great a tremendous job done by Spencer, Michael & the team!”

“Great.”

“Overall positive. I plan on redoing the courses to lock in some of the concepts that were covered too quickly.”

“Hard to model out from scratch as every format was different. No pointers prior to starting model.”

“The course is a fantastic learning opportunity and amazing value.”

“I was so excited to find this program. I needed to be able to go back and review at my own pace.”

“Organized, advanced, efficient and detailed.”

“Efficacious, seamless.”

“The most beneficial program for real estate financial modeling that is available to the public.”

“Great.”

“Learned a lot with in the course. I was happy to go at my own pace and truly understand it.”

“Fantastic. The course is incredibly comprehensive and detailed.”

“Great!”

“Challenging.”

“This program is far and away the best available in the market for learning to build institutional quality Real Estate Financial Models. You are guided every step of the way and have the forum as a resource for any questions. I feel extremely more confident and well equipped for any interview related modeling test I may face or on the job assignment, having completed the course.”

“I thoroughly enjoyed the course.”

“Overall fantastic. I wish some of the concepts had been discussed in more depth while the modeling was taking place but otherwise very content with curriculum. I feel ready to go out and model more deals!”

“Loved the in-depth focus on underwriting, didn’t waste time on real estate basics.”

“This was a very clear and well constructed class. It quickly took me from a beginner to a confident model developer.”

“Fantastic. The videos are concise and to the point. Spencer and Michael moreover quickly respond on the forum to answer any questions students may have.”

“I enjoyed the instructors discussion of both the practical aspects of underwriting transactions as well as the technical aspects of financial modeling. Additionally, as a real estate professional that specializes in one asset type I appreciated the exposure to other asset types and business plans. After taking this course I feel that I would be more agile analyzing other asset types and prospectively pursuing positions outside of my specialty in the future.”

“It was good, informative and relatively timely.”

“Lots of time but worth it.”

“Overall it was a good experience. Definitely a resource I’ll continue to come back to in the near future to maintain/improve my modeling skills.”

“Good, improved my modelling and confidence. Took me very long, mainly because I started when I was interviewing for new roles and now have a new role so the level of urgency was lower.”

“I felt it was a great introduction to terminology as well as modeling. The pace of the program was perfect for my understanding.”

“My experience with the accelerator has been fantastic. Went above and beyond my expectations when I started this course.”

“Amazing!”

“This course was extremely helpful – I have learned quite a bit, especially about specific property types.”

“An extremely user-friendly method of gaining a quick, comprehensive view of Excel modeling.”

“It is really well constructed to teach the material, and the material is very relevant.”

“Informative.”

“Very informative.”

“I liked it clear yet sophisticated.”

“I was very pleased with how the lessons were laid out and the advanced level of topics. The classes were challenging, but not to the point where it was discouraging.”

“Great.”

“It was incredibly valuable.”

“Great guidance, important to have template access as hard to retain it all, only way is repeated use, starting with the applicable template.”

“This was a useful experience.”

“Great – a lot of relevant content that can expand your skillset.”

“My experience was very informing. In college I was not a real estate major and had no modeling experience. Doing this course not only got me familiar with using excel with a real estate focus, but it also helped me passed my financial modeling exam for a full time position with a real estate developer. I may even go back and do the course again to really become an expert and using what I know.”

“Well-structured curriculum. Easy to follow along even as a beginner and to build confidence in the process of financial modeling (The instructor has great voice, good flow and pace.” : )

“Great. Very detailed and thorough. I really like the step by step process and the fact that the Accelerator is geared toward getting the student to learn rather than making the material unnecessarily difficult.”

“Overwhelmed by all of the information, but I believe that, for the price, I definitely got my money’s worth. Thank you.”

“Valuable.”

“Fantastic. I feel way more competent now. At the very least, I’m massively quicker in Excel, which is super valuable in itself. I’m in the process of starting my own residential infill development firm in Utah, and this has been huge. I come from a home building background, so my exposure to modeling has been less sophisticated, so A.CRE definitely helped me level up. A ton of people in my network have all heard of A.CRE, so I’m proud to be able to say that I did the class.”

“Videos were clear, instructors’ voices were not monotone. It was initially hard to lean into some courses because they seemed less relevant to my current position, but stepping through the accelerator made me realize how interconnected everything is. Thank you. I’d definitely recommend this to anyone entering real estate.”

“I learned quite a bit about Real estate Financial Modeling but also so much about both Residential and Commercial. In the beginning of the course, I felt a strong learning curve when it came to the Accelerator. However, as the course went on, I felt myself moving ahead in the course mentally. In other words, my proficiency increased greatly since I started the course as I did not know anything at all from the get-go. My mind has also changed as I have now started to think more analytically about Real Estate concepts than I did previously. I am excited to learn more.”

“Amazing, learned so much from it.”

“The experience was very good. The video tutorials, excel templates, and discussion board all made for a very efficient and effective learning experience.”

“Satisfied.”

“It has helped me improve my RE modeling, I thought the lessons were easy to understand and follow along for the most part and would recommend this course to anyone who wanted to learn these skills.”

“I really enjoyed learning the concepts taught in this course and believe that it will help me in my career.”

“I enjoyed the progression of topics and how they built upon each other.”

“Honestly, it was so helpful! Loved how it was easy to follow and so many resources.”

“Absolutely fantastic program! Having very little financial modeling experience, this has given me the skills and knowledge to confidently underwrite an asset. Appreciate the work you guys put into this!”

“Amazing.”

“Overall great experience, the videos are very clear and helped me get a grasp of real estate financial modeling.”

“Fantastic! Best excel modeling courses I’ve ever taken.”

“I really like how the courses are hands on allowing me to attempt to work on my own yet provides the watch me build step by step, so I can identify my mistakes or weakness. Also I have significantly improved in navigating on excel because of these courses.”

“Great experience!! I plan on going back through the material with more attention to detail having done a once over gaining familiarity.”

“Great learning experience.”

“Positive.”

“Great experience! Really appreciated the real world element incorporated in teaching format etc.”

“Positive.”

“Positive – I learned a few new concepts and Excel modeling best practices.”

“Great!”

“Thorough treatment of the subject.”

“Excellent. The lessons are well organized and thoughtful. The models are logical.”

“Very comprehensive and to the point training! The excel tips and detailed explanation for each asset class was very good. It truly enabled me to better comprehend and evaluate deals especially as a fresh graduate.”

“Well laid out and detailed. I learned a lot and was eager to learn more. My mind opened to the possibilities of detailed modelling and I can see how I can use my knowledge for investing.”

“It was definitely challenging, but you all did a good job explaining concepts in detail.”

“Extremely fulfilling. I knew nothing about real-estate financial modelling prior to this program. I am an undergraduate studying civil engineering who was recommended this course by a friend. I have used the skills gained in this program to win a national real estate case competition and land several job offers in commercial real estate, neither of which would have been possible without this course. Michael and Spencer, thank you for all the work you have put into making this program such a quality experience.”

“Great Learning Tool through my MBA, put me ahead of all my classmates.”

“The Accelerator was a great tool to firm up my modeling skills after moving from acquisitions to asset management and being out of the transaction-side for a period of time. After dusting off my modeling skills using the accelerator, I feel better prepared to assist our acquisitions team with underwriting new deals. In addition, I picked up some new tricks that are applicable to the work I currently do in asset management – Specifically in multifamily.”

“Understanding Concepts of DCF, Increased Knowledge of Excel shortcuts, formulas by way of A.CRE Presentations.”

“Awesome.”

“Amazing…I loved the courses. This was a great EDUCATIONAL experience.”

“Amazing. I love how this course was structured. Great educational experience and prepares me more for my job after I graduate from TTU in May.”

“I thought this was great training and experience on A.CRE underwriting that exposes you to all of the major asset classes. It turned out to be exactly what it was marketed as and I will be recommending this to people in the future.”

“Very Helpful and I really enjoyed the lessons.”

“I learned a lot from the A.CRE Accelerator in a relatively short period of time. The learning experience was stream-lined and seamless although learning to structure line items from scratch before putting in inputs may take some more time. Although the course focused on modeling and excel skills, several essential concepts were explained. I really appreciated how picked up real estate financial concepts and laid out how to turn them into calculation modules.”

“Overall amazing. I would recommend this course to everyone in RE. I think I need to review the course over again and gain more repetition but the course itself is stellar. Thank you for putting so much time and effort into it. You are really helping SO many people!”

“Very helpful. Nicely to the point with flexible options.”

“Good.”

“I had high hopes coming into this program and it has exceeded my expectations.”

“I can’t even put into words how much I have learned from this Accelerator course. It was such a grind but well worth it. Honestly better than courses that I have taken at Stern MBA program.”

“Great course, great experience, glad I found this!”

“This is a no brainer bolt on addition for any analyst and highly recommended for students looking to up their game. I’ve asked myself about differences in asset classes. The Accelerator has increased my capabilities across the asset classes.”

“It was great! I struggled to retain the information as time went on because there was so much information, but it was helpful to be able to refer back to the definitions and videos along the way.”

“Delightful, the program helped me fill in some gaps in my fundamental knowledge of real estate financial modeling and excel keyboard shortcuts.”

“Overall, enjoyable.”

“Fantastic!”

“Through and solid.”

“Unbelievable. Really an invaluable tool for gaining practical skills in financial modeling. I have a real estate major and I feel like this course have given me as much knowledge as any course I took in school.”

“I would describe that as a great experience for me! I feel so happy because I got a high proficiency to analyse and build dynamic real estate models! I really liked the methodology of the A.CRE Accelerator because I worked hard every day; watching the videos, reading, studying, understanding, learning, practicing, and applying all the knowledge to real cases!”

“Very informative and easy to understand/follow along.”

“A great introduction to institutional quality modeling.”

“Fast paced, but informative.”

“Great, the material was presented efficiently while providing sufficient real estate background for members who may have less overall industry experience.”

“Productive.”

“It was very informative, and provided descriptive and helpful information for various real world scenarios, and helped make the course interesting by making it realistic.”

“Great experience. Already work in real estate for a developer, but am mostly self taught from a modeling perspective. This really filled in some gaps from a modeling perspective.”

“It was great.”

“It is a very inspiring experience. I have learned a lot even more than the master degree program that I took 2 years ago.”

“Positive, found the material highly informative.”

“I loved it. The entire course series builds up in a way that doesn’t leave one feeling behind or unable to understand what is happening, and I learned a lot of great excel tricks along the way. I am much more confident in my modeling skills after finishing the series.”

“Learnt a huge amount. Still need to practice to ensure the formulas really stick and my overall speed improves. Overall, hugely beneficial to my current role and career confidence.”

“Great introduction to the methods of RE Financial Modeling.”

“Very helpful for the more nuanced/advanced concepts.”

“I absolutely Loved it, I have learned more from this program than I did in any of my college finance classes.”

“I really enjoyed my experience. My background is in programming languages creating financial models for large banks. Th instructors did a great job walking through examples.”

“It was a very fun experience learning a lot about a field I have no experience in. I felt like the Accelerator did a very good job at introducing me to the field of real estate financial modeling.”

“From my experience, A.CRE Accelerator was a very thorough introduction to real estate financial modeling. Spencer and Michael catered to the needs of both the unexperienced job seeker as well as the young professional already in industry. As a student with no experience in real estate financial modeling, I followed along with the teaching quite well. This was due to the effectiveness of the course layout. Each course built upon the previous course, making the transitions to the higher difficulty courses seamless. The courses/case studies were fun and interactive and I appreciated that the case studies were based of real-life scenarios.”

“Good.”

“Awesome experience overall.”

“Great content and experience. Nice to have some fully built out things to refer back on. Good to learn how different pieces of the puzzle all fit together, so that you understand the concepts and not just how to plug in numbers.”

“Good program pacing. Very clear instructions. Great real world cases coupled with great Excel skills taught.”

“Better than my online MSIRE, I learned probably just as much, but for 1/30th the price and way less drama…”

“Was a good, educational experience having none prior.”

“Great experience. Cleaned up a lot of areas of weakness for my modelling skills.”

“Very good. Incredibly helpful and exactly what I needed to advance my career.”

“Challenging, but each lesson was thorough and well-paced.”

“This course was awesome! It was very thorough and in-depth and took me by surprise with the amount of detail and consideration put into this course . I really appreciate the amount of time and effort Spencer and Michael as well as everybody with the A.CRE team put into creating a value add product for developing commercial real estate skills. I came into this course not really knowing what to expect and feel that I am leaving confident in the abilities that were taught to me.”

“Excellent. The format and build up was fantastic. I have completed one of the top MRED programs in the country and learned markedly more from this course.”

“Great!”

“It was positive. Its a very thorough program and it mimics real life in the industry closer than anything I’ve found.”

“Fantastic, truly enjoyed working in excel. I have gone above and beyond in my current role thanks to this course.”

“I absolutely enjoyed the accelerator and finished the course with so much knowledge gained! My excel skill have also improved dramatically and I am excited to take my skills out into the commercial real estate world.”

“Very organized program that explains the details.”

“The course was incredibly well structured, with each e – learning expertly taught.”

“I really enjoyed it – you guys are great teachers!”

“Amazing.”

“Great.”

“Every detail is covered. Easy step-by-step process of RE modeling.”

“Although I considered myself to be good at excel and RE Financial Modeling, I discovered so many tricks throughout the course that truly elevated my abilities. Everything from custom labelling (which I knew how to do, but never thought of using them in the same way as you have) to the layouts and flows of your models. I initially took the course to evaluate if it was worth requiring team members to take this training. Not only is the answer a resounding YES, but I personally feel accomplished and improved…I can’t wait for more of my team to complete the courses, so that collectively we are better equipped to collaborate and explore deals.”

“Absolutely the best! This experience taught me so much and has created many opportunities for me in real estate.”

“I thought the videos were great. They were very helpful in breaking out different pieces of how to build different A.CRE models. As a person that works full time and attends school, it was hard to meet the intended course length of 12 weeks. As I approach wrapping up this program ~5 months after starting it, I have definitely forgotten some of the lessons learned from earlier parts of the program. This is not meant to be a critique, but just an opportunity to provide context for my feedback.”

“I rather enjoyed the program!”

“Very good class. Learned a lot of modeling skills and knowledge.”

“Great.”

“Practical and realistic training for interview technical tests.”

“Great.”

“The videos we’re very in depth and easy to follow.”

“Very helpful courses.”

“It is a great combination of theory and practice, something that you will not find in university, but required upon entering the business. The case based format is fantastic!”

“It was really well done.”

“I definitely learned a lot on how to model real estate transactions and got a better understanding of how things are played out within A.CRE.”

“Very positive & worthwhile.”

“Very informative and helpful.”

“As someone who had been doing acquisition modeling for a living for the past few years, I’d say it was enlightening in certain ways. It combined a lot of things I already knew with things I didn’t understand very well. It also taught me new ways of structuring a spreadsheet and some new formulas and approaches. Having been exposed to mostly Office/Retail/Industrial in my professional life, it was helpful to learn also about Hotel and Resi. The best of it was that the course puts structure to the chaos of knowledge one has when entering and doing the job. Many people talk the talk, but in my experience very few people in the industry know how to actually model through and through and understand everything they’re doing in its conceptual and practical entirety. I think I’m one big step closer to that, so that’s more than what I expected from the course. Both guys are very good at what they’re doing. Michael seems very knowledgeable in developments. Spencer is just a natural in teaching.”

“Broadened my understanding of dynamic modeling and the different aspects of A.CRE.”

“Very informative and intuitive. Before this class, my excel proficiency was extremely beginner level. Now I can navigate much easier and quicker across Excel. I am currently studying RE Finance at my college and interning at a Private Debt Real Estate firm. This course has really connected me with concepts I could not grasp without an in-depth analysis. Now I feel confident not only in my Excel abilities but in having high-level conversations with professors/employers. I am definitely going to go through the “Excelerator” a second time to become even more proficient!”

“Informative. I think I learned more about real estate concepts than the actual modeling behind the financials.”

“Hands on, very relevant to the real world experience.”

“In Depth and very helpful in improving your excel skills and knowledge of financial underwriting in commercial real estate.”

“Excellent journey. Very Informative. Loved the lectures and the step by step tutorial videos.”

“Great Program!”

“One of the greatest challenges in education is making complex concepts accessible to laymen. Michael and Spencer thrive at this type of cogent, comprehensive instruction and experiential learning. There’s that old Chinese proverb — tell me and I’ll forget, teach me and I’ll remember, involve me and I’ll learn. The Accelerator embodies that. I knew almost nothing about Excel and modeling until I randomly stumbled onto this accelerator. Now I’m building my own models, scrutinizing others, and investing in transactions. This investment focus is the first (and primary) benefit from this course. The second is it’s impact on a professional level. I’m a RE transaction attorney and this course has enhanced my ability to “talk shop” with clients, understand their financial drivers, anticipate concerns, and better allocate risk contractually. Knowing the business is so important (but often overlooked) in legal practice and this course helped me level up. I’ve gotten two co-workers to sign up, and I want to funnel my firms RE associates through it. So, yea…great experience. Appreciate you both.”

“I was thoroughly impressed by the entire program. I found it hugely beneficial and instrumental to the significant progression of my modeling knowledge and skills, and I enjoyed it a great deal. I really can’t say enough about how helpful this program was for me in general, as well as how accessible and willing to engage and help that Spencer and Michael were throughout the entire program via the discussion forum—their ever-present willingness to interact and offer added clarification/instruction, along with the comprehensiveness and thoughtful layout of the program overall, was truly invaluable.”

“If you are as green as it gets when starting this course and take your time and repeat the steps, this course will teach you everything you need to know. It is anything and everything all compiled into one.”

“I loved how detailed every video was and this was a great review of real estate financial modeling before I start working.”

“Extremely helpful and well organized.”

“It was very good. Learned a lot throughout the training.”

“Thorough, and extremely detailed.”

“Very interesting time. I began to think of Excel from a more conceptual standpoint, as in–‘how do I get excel to display what I want using its built in logic'”

“Challenging.”

“Very well done, I enjoyed going through the course.”

“Great.”

“Very user friendly and easy to learn things.”

“Insightful.”

“Good.”

“Great! Very useful.”

“Very enjoyable experience as each course was well organized and easy to follow.”

“The A.CRE Accelerator is a great program for anyone looking to learn or improve financial modeling for real estate skills. The coursework is very thorough and easy to follow. Would highly recommend to anyone looking to break into A.CRE or early in their A.CRE career.”

“This was a great crash course in excel for how to underwrite holding typical A.CRE assets and development/hold scenarios.”

“Practical, case-based learning.”

“Great learning program.”

“I enjoyed this experience and find it valuable.”

“Incredible. You guys make it easy to understand and the course its really complete.”

“It was great. I love the fact that I can rewind at my leisure and take notes. I will definitely reuse this for my one year until I am fully knowledged or using the models on a daily basis.”

“Excellent, more practical, not only theories.”

“Very educative and useful for my career. Would recommend and have recommended to some friends looking to enter into the industry. Thank you for this knowledge.”

“Fantastic.”

“Average.”

“Very informative in learning financial modeling related to Real Estate and getting into how the industry operates plus all the dynamic Modeling.”

“Excellent. Really appreciated the modular, case study based approach. Couldn’t recommend it highly enough.”

“Excellent. Learned a lot!”

“Great.”

“Really enjoyed it! Learned a lot and gained confidence in my modeling abilities.”

“Great. Tried my best to learn as much as I could… even going back and redoing it, and realize now that I just need to get more reps in.”

“Excellent.”

“Great course that covers a wide variety of important topics that helped me learn more about real estate, financial modeling, and excel!”

“A great all around learning experience that allowed me to follow the teachers guidance around modeling real estate deals, but also allow for me to build my own models using my own strategies to derive at returns.”

“Was amazing, really helped a lot and gain skills.”

“Really good.”

“Best online course taken yet in the A.CRE world.”

“Overall Well I glad there were options to build out as you see fit then check back with a completed model.”

“Absolutely wonderful! The forums, the videos, the assignments were high quality and extremely helpful. I’m so thankful to have found you and discovered the product you’ve worked so diligently to create!”

“Extremely helpful, and I love the way the course is organized.”

“Good.”

“This was exactly what I was looking for to better my CRE modeling skill.”

“The A. CRE gave me the right amount of exposure to financial modeling I was looking for.”

“I learned how in-depth I could get with modeling and how to make a clean understandable model.”

“I really enjoyed the program and found it to be more helpful than a lot of my college curriculum that was designed around a major in real estate.”

“It was mostly easy to follow. I would add that a general forum that’s searchable would be a big plus.”

“I enjoyed learning everything about a basic real estate model.”

“Outstanding.”

“Great instructions and walk through videos. I feel much more confident in my ability to create and worth through real estate financial models.”

“Great!”

“Enjoyed every bit of it!”

“Loved it!”

“Excellent!”

“Great!”

“Very thorough and easy to follow program.”

“Good!”

“Incredible program! I am very happy with the modeling and excel skills I have developed throughout this program.”

“Awesome experience! I’m definitely going to dive back in and run through the course again to improve even further! Having a modeling course with life-like case studies is something that makes this course unique!”

“Very good! Refreshed my skills and taught me new ones.”

“I loved it! The Accelerator filled in a lot of gaps I was missing from school. I’ve recommended several people to take the course even before I finished.”

“Fantastic!”

“Excellent. I particularly appreciated the capstone course with an actual example.”

“I think it’s a very complete educational experience in real estate. It helped strengthen my real estate knowledge.”

“Amazing!”

“Great!”

“Best course to take for you to polish your Real Estate Modeling skills but at the same time improving your MS Excel. Also, with this course you can immediately start applying to your job.”

“Amazing!”

“They taught me a lot that I didn’t know.”

“Fantastic!”

“Amazing! The courses were very helpful and detailed.”

“Helpful.”

“I’ve had a really good experience with A.CRE. The videos were very comprehensive and I personally like the fact that there were case studies at the end of each section to test your understanding of each section.”

“It has been very challenging at times but explanations were great, at its pace. I also highly respect the speed at which questions were answered.”

“I really enjoyed the experience. I was essentially starting from square one so it could only be beneficial. But I do think the way you explained everything was up my alley and I was able to learn a lot. I think that I know so much more overall than I once did even if that means I am still not an expert yet.”

“Very good, insightful, and taught me the best practices.”

“A very well-designed program that breaks complex concepts down into easy to follow modules. A great way to get both an overview and deep dive into Real Estate investment concepts.”

“Absolutely incredible! The most sophisticated and intelligently presented CRE Financial Modeling course that I’ve taken yet!”

“The course is challenging for a beginner but very practical and worthwhile. The case study approach allows you to simulate real life experience which is rarely done with other real estate course I have taken.”

“The ACRE Accelerator was fantastic! I highly recommend this program to anyone looking to bolster their CRE modeling skills. Especially helpful for those coming out of school or just entering into the industry. As someone still relatively early on in their career, there are some formulas and functions in this program that are vitally important to daily life in CRE modeling. Highly recommend.”

“The ACRE Accelerator has been the best investment that I have made in my commercial real estate journey so far. The course was well organized and gave me all the resources that I need to create financial models on my own from scratch.”

“Great experience!”

“The ACRE program is incredibly designed. Michael and Spencer deserve a round of applause for the meticulous incrementation of concepts and the overall intensiveness of the program. I came into this program with no real estate background whatsoever, and am exiting this program excited and equipped to start a career in CRE finance.”

“Amazing course! Though I don’t feel like I’ve fully “mastered” all types of real estate financial modeling, I do know that both my proficiencies and confidence have improved tremendously. Thanks so much for creating this guys!”

“Good start.”

“Loved it!”

“Great!”

“Very informative and easy to follow.”

“Pretty good! I enjoyed learning new ways to build models and all the tricks and formulas to make my existing models (built by others) work better.”

“Good!”

“Great!”

“Very informative and the case based learning helps to see the applications of the theoretical concepts making it a better learning experience.”

“Amazing course! I thought I was an Excel expert before, and discovered quite a few tips & tricks in the demos that I now incorporate into my daily work. I personally loved the feature to speed up the videos.”

“It was good and the instructors taught a lot but at the same time it’s a lot of information to be able to comprehend and memorize going forward. That’s why it’s nice to be able to go back to this site and reuse some of the completed templates for guidance.”

“Fantastic, picked up this course off of a recommendation at the tail end of my university career majoring in Real Estate Management. University gave me the qualitative knowledge, the ACRE course gave me the quantitative and practical skillset I was missing. I was able to land my first choice in jobs coming out of school as a real estate acquisitions analyst at a residential development company. I hit all the requirements on the job posting. I only applied for that one job and I got it. So like I said fantastic experience!”

“Very helpful and informative. I really enjoyed the course and all of the material.”

“Thank you so much for the lectures, real life examples, step by step modeling approach. It was worth the time and money.”

“Very helpful, proficiency will increase with repetition of the course.”

“Very good will increase after repetition of the course.”

“It was very hands on and provided a wide breadth of key inputs to think about when modeling a project.”

“Excellent! Really informative and helpful for someone like me who does not have a financial background (my background is real estate law).”

“Great experience and very thorough coursework.”

“Informative and useful.”

“Very helpful!”

“Good foundation.”

“Great Experience! I learned a lot and wish had more time to study the other sections in the course.”

“I could learn detail step to establish modeling. It is very useful practical experience for my future career development.”

“The A.CRE Accelerator was an excellent program. My comfort level with financial modeling has increased significantly. I really appreciated the “watch me build” format. It was a very useful way to practice and apply the modeling concepts. I also thought the attention to simulating real world situations as closely as possible was super helpful.”

“I enjoyed the video tutorials.”

“Amazing! Each course and lesson was filled with very important information and valuable knowledge that I hope to apply in future projects.”

“Amazing learning experience. Thank you!”

“Exceptional!”

“Great!”

“Very positive and I liked the shorter digestible videos to setup checkpoints throughout the curriculum.”

“Very good course, well laid out, and detailed.”

“Happy with A.CRE overall. Was able to move at my own speed and could pause if work left little time to complete courses.”

“Great!”

“Very insightful and resourceful.”

“It was helpful and well taught. Great class overall.”

“I really enjoyed it for the most part. I took an embarrassing amount of time to get it done. ”

“Fantastic!”

“Great course!”

“Great! Very helpful.”

“I chose to enroll in this course while completing my MBA here in Boston to set myself apart from other applicants competing for the roles I am targeting. As someone who had very limited prior modeling experience, this course was daunting, but my skills have improved dramatically. Modeling skills were top of my insecurities list in competing for a role in CRE, and after completing the course, I can truly say my confidence level has been given a huge boost in pursuing these roles heading into 2023. Still plenty of practice needed, but I am very pleased with my decision to take the course.”

“It filled many gaps in my real estate education, taught me to be comfortable using excel, engaging, and easy to use. All in all an excellent experience.”

“Excellent!”

“Good!”

“Great course!”

“It goes into the details piece by piece to help you understand how everything works together to develop the entire model.”

“Loved the course! Very thorough and easy to follow along.”

“Valuable knowledge and technical skills taught in a succinct manner.”

“Incredible! It was extremely in depth but done in a way in which it was easy to comprehend and put into practical use. Can’t wait to keep working on these skills!”

“Overall, I thought it was a valuable experience.”

“This is a tremendous course. I began this course with very little knowledge and experience. I am now confident in my modeling ability and want to continue to become efficient in this area. This course has been extremely beneficial and will help me land a job in the future upon my graduation.”

“Great case studies! A lot of material packed into a really comprehensive course.”

“Overall good experience.”

“Learnt the industrial or practical skills rather than academic which is relevant to work.”

“Phenomenal! This course filled in gaps for me and the delivery of information was incredibly practical and immediately applicable.”

“Very insightful and great course.”

“Great course, learned a ton, and have much to practice to become more proficient.”

“This is one of the most useful platform to learn RE financial modeling. Before I started here, I was completely overwhelmed by proformas as I my educational background is in design. I joined Accelerated program to build the technical skills needed to make the transition from urban design to real estate. I went from barely understanding proformas to understanding the fundamentals to know where I need more practice and improvement. I am still a few steps away from being able to build institutional quality models without help or a template, but with practice, I will get better. I also achieved my goal of transitioning to a real estate position within 6-months of starting the Accelerator program. Thank you and much appreciated.”

“A great tool to build and develop excel modeling skills.”

“The experience was awesome! I knew absolutely nothing about finance or financial modeling when I started this course. The format of the A.CRE Accelerator is awesome, the videos make it easy to follow along, and the Q&A is great for seeking clarification.”

“Great course! Thank you.”

“Good experience.”

“Informative, Practical, and Intuitive.”

“It was tough but rewarding. The program is not easy, but it is very detailed and thorough.”

“Incredibly impactful coming from a career switch.”

“First class!”

“It is a complete real estate modeling course. What I like the most is that, its sophisticated modeling course made easy.”

“Amazing!”

“Overall, it was a positive experience. The videos were helpful, clear, and informative. I will likely go through all the lessons again to help drill in the concepts. Coming into the course, I had a firm understanding of the fundamentals that went into valuing real estate and creating models, but I didn’t have a great understanding of exactly how a model was put together and how it differed from other types of fundamental valuation models. I think the Accelerator did a good job of showing how different the income statements of the four main property types plus hotels are from each other. The lessons were in a good order and built well on each other. One area that I could have spent more time on is the section that goes over the different line items to get to NOI. If anything, this course has reminded me how much there is to learn about real estate financial modeling. In case this data is useful to you, I would estimate I have spent between 70-90 hours on this course so far. I will likely spend another 30-50 hours going over material again before I feel confident modeling all models and property types entirely by myself. I think I would want to spend about 150-175 hours in the Accelerator before I felt really confident walking into a real estate private equity interview. Thank you!”

“Loved it! Learned a lot.”

“Amazing! Still plenty to go back and review given the breadth of the course but I’m sure after doing so I could go back and revise some of the proficiency scores upwards. Everything needed to do so definitely exists in here.”

“It was very good. The material was very well thought out and presented very professionally.”

“Great experience. Learned a lot and all of the follow along videos were very helpful.”

“Very Informative.”

“A great experience, built off of the knowledge I had, and explained topics in greater detail. Helped me feel more comfortable in my career.”

“Positive and worth the time and money.”

“Positive. The Accelerator was good at introducing all the different types of modeling challenges one might face in their career. I found it easy to follow along with the videos and my excel skillset is much better.”

“A.CRE is the most useful tool available for those going into commercial real estate especially as an analyst.”

“Wonderful! Great pace and clear explanation.”

“Extremely pleased with the experience. This has taught me so much in an easy to use format.”

“Extremely helpful and provided many insights.”

“Excellent! The detailed examples and concurrent explanations were extremely helpful.”

“Overall it was good and I think it’s better for beginners rather than those with intermediate level of skill.”

“My experience was great. The course helped me refine the applied financial modeling skills that will allow me to excel at my Job. The real life case studies in each course were similar to deals I have worked in the past and provided an in depth overview of how to work a deal. The practical, dynamic and simple approach to building out financial models made the courses easy to understand and the finished models easy to audit. I am leaving this course feeling more confident in my abilities and I look forward to the advance courses I will be taking next.”

“Intensive!”

“Great!”

“Great!”

“I felt it was incredibly well-organized course. I particularly enjoyed the elaboration of the tactical components (Excel and REFM best-practices) of building models from scratch under constrained timelines.”

“Very intense!”

“My experience has been extremely practical and focused on the aspects of the modeling world that will be significant for my future career.”

“Very pleased with the course, and I will be referring back to it regularly going forward. This is what professional education is supposed to be, but often isn’t. To be fair, I don’t think classroom learning would work for this. Videos where you can rewind, replay, etc. as needed and templates and tools to make it easier to see/check for errors. You guys are making a real contribution to the profession. This course is serious value for money.”

“Very clear and straightforward. The course gave a great overview different CRE financial models.”

“Great information and practice opportunities to use what I have learned.”

“Just fantastic! Amazing course. Thank you.”

“Great!”

“The Accelerator was an incredibly valuable real estate modeling program, which I have already recommended to a peer.”

“Awesome! Very practical.”

“Great, very good videos, materials, and explanations. The best part about the accelerator is that it is very hands on which helps a lot with the learning process.”

“So great! Really thorough program and approach. Very happy with the program!”

“Enjoyed the process. It was simple and easy to follow along. The Q&A side could use better formatting but I was nonetheless able to find answers. ”

“Transformational; helped me land a job right out of college and apply skills in real time.”

“Great! This is a great collection of courses that gives one a broad understanding of modeling.”

“Very educational and learned useful skills.”

“Excellent program. Dense material that I will need to revisit and practice over time.”

“Great!”

“Great!”

“Really good.”

“Great!”

“Insightful, helpful, and I feel pretty confident on my skills now with modeling and analyzing.”

“Amazing!”

“Comprehensive.”

“It’s been great! The course has allowed me to take what I have learned in college and theoretical side and a chance to apply it and have models that I may use for internships.”

“It was great! Exactly what I was looking for.”

“Very engaging and explained very well.”

“Amazing experience!”

“The financial side seemed intimidating at first but the accelerator broke it down into manageable chunks.”

“Great experience. Loved the case based approach.”

“In depth.”

“Extensive yet informative.”