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Artificial Intelligence in Commercial Real Estate

A growing series on artificial intelligence in real estate, including using AI in real estate, tutorials for leveraging AI tools, courses and programs for becoming AI-native, and other AI-specific resources for real estate professionals.

All | Use Cases | Training | Tools | AI Skills

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The Road to Stabilized NOI – Loss to Lease in Multifamily Property Underwriting (Updated Sept 2026)

The calculation of stabilized Net Operating Income for a property is synonymous with building a stabilized proforma. This modeling process starts by estimating revenues and then the expenses, which means we must adjust the anticipated revenues…
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The AI.Edge Q3 2026 Build Competition Is Live!

The AI.Edge Q3 2026 Build Competition is officially open, and we want to see what you build. Running from September 3rd through September 30th, this quarter's competition keeps the momentum going from a strong first half of 2026. Q1 and Q2…
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Episode 16 of Multipliers: Grok Bot and Coffee Enemas

This episode starts with discussing shoulder injury recovery, takes a detour through the Panama Canal, spends twenty minutes on why you are not typing anymore, and lands on one of the clearest explanations of the AI tech stack the podcast has…
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Data Center Development Model (Updated Sept 2026)

As the built environment evolves to meet the demands of an increasingly digital world, data centers have emerged as one of the most sophisticated and capital-intensive asset classes in commercial real estate. What was once considered a niche…
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An AI Skill for the A.CRE Industrial Development Model

We've been working on a project to make our library of Excel models AI-ready. The idea is straightforward: pair every A.CRE Excel model with an AI Skill, a packaged set of instructions and reference files that teaches an AI assistant how to…
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Industrial Real Estate Development Model (Updated Aug 2026)

Allow me to share my Industrial Development Model in Excel. Over the past few years, I've been working to add more specialty real estate models to our library. While our All-in-One model certainly has its place, oftentimes really digging into…
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Understanding the AI Tech Stack: Model, Harness, Tools, Knowledge, and Human Judgment

For the past few years, we've spent a ton of time testing dozens of AI models. Starting at gpt-3 in 2022, to most recently Grok 4.6. From closed source models like Anthropic's Opus to open weight models like Kimi or Nemotron. As part of that…
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An AI Skill for the A.CRE Mixed-Use Development Model: Condo and Retail

We've been working on a project to make our library of Excel models AI-ready. The idea is straightforward, pair every A.CRE Excel model with an AI Skill, a packaged set of instructions and reference files that teaches an AI assistant how to…
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Mixed-Use Development Model: Condo and Retail (Updated Aug 2026)

In this post, I walk you through the A.CRE Mixed Use Development Model for Condo and Retail projects. The model is basically a reworked and expanded version of the Condo Development Model, so if you are familiar with that, this should feel and…
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There Has Never Been an Easier Time to Stand Out in CRE

A student reached out to me a couple weeks ago with a question I get some version of almost every week. He is a rising junior, interning at a firm any of you would recognize, attends a good school, and has already done the work to become…
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Episode 15 of Multipliers: How to Stand Out in a Stack of 300 Resumes

There is a TikTok trend Spencer describes in this episode: a video of a crowd of college students, all wearing the same mom jeans and white shirts, each one convinced she is unlike anyone else in the frame. The caption is something like "there…
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AI Tools for Commercial Real Estate (Summer 2026 Edition)

If you haven't noticed, we've been exploring use cases, training, and tools related to AI in commercial real estate a lot lately! The reason is that Artificial intelligence (AI) is poised to revolutionize the commercial real estate industry…
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An AI Skill for the A.CRE Condominium Development Model

We've been working on a project to make our library of Excel models AI-ready. The idea is straightforward, pair every A.CRE Excel model with an AI Skill, a packaged set of instructions and reference files that teaches an AI assistant how to…
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Condominium Development Model (Updated July 2026)

After posting the construction draw module that demonstrates how to calculate the true LTC of a development loan, I decided that since we have yet to publish a condo development model, to build upon that module to create one. This condominium…
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Episode 14 of Multipliers: Unpacking the Layers of AI that Make it Useful for CRE

Most people in commercial real estate are using AI in some form right now. Very few of them understand what they are actually using. That gap matters, because the professionals who understand the structure of the technology make better decisions…