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, and other AI-specific resources for real estate professionals.

All | Use Cases | Training | Tools

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Real Estate Financial Modeling Accelerator (Updated April 2024)

Prior to launching the Accelerator program, Michael and I fielded email after email requesting a more structured real estate financial modeling training program on the site. Over the years, we've covered hundreds of real estate modeling…
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Create Your First AI Tool: Sales Comp Database ChatGPT Plugin

Traditionally in commercial real estate, each organization builds its own proprietary sales comp database and then gives its analysts access to that database in order to perform comp analysis. As AI becomes more and more important, pairing the…
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Using ChatGPT as a Real Estate Analyst – Sales Comp Analysis (Updated Aug 2023)

In early 2023, we here at A.CRE began exploring use cases for AI in commercial real estate. Since that time, we have released nine such posts covering topics such as using AI in the real estate job search, using AI to expand on Excel's capabilities,…
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ChatGPT vs Bard vs LLaMa Chat (Aug 2023) – AI Chat for CRE Comparison

If you're an A.CRE reader, you know we're actively exploring the numerous use cases for generative AI in commercial real estate. As part of those efforts, we've used ChatGPT to help us build a custom Excel add-in for CRE professionals, used…
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Become an AI Expert in CRE: Take Google’s Generative AI Courses

Since diving into the world of commercial real estate (CRE), I've kept my eyes peeled for tools and technologies that can revolutionize the way we conduct business. One of the most exciting developments in recent years is artificial intelligence…
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Using ChatGPT as a Real Estate Analyst to Create a Lease Abstract

As you may know, we here at A.CRE have been exploring various use cases for AI in commercial real estate. When ChatGPT plugins were released in May 2023, the tool gained an ability to act like a young real estate analyst; namely to source and…
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Using ChatGPT to Create Excel Logic #2 – Annual to Monthly Growth

Another post in a growing series on how to use ChatGPT in commercial real estate. In our real estate financial modeling Accelerator program we have a Q&A. Members of the Accelerator ask the A.CRE team questions, and we provide answers. Depending…
ChatGPT for Graduate School Applications
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Use ChatGPT to Develop a Real Estate Graduate School Application Strategy

Developing an effective strategy for applying to graduate school is crucial, especially in a competitive field like real estate. Fortunately, we have made significant progress in simplifying the process for you, specifically through using ChatGPT…
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Commercial Real Estate Interview Prep with ChatGPT-4: A Step-by-Step Guide

Preparing for a commercial real estate job interview can be a daunting task, but with the right tools and guidance, you can effectively practice and refine your interview skills. In this blog post, we'll outline how to use the following comprehensive…
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Using OpenAI’s ChatGPT to Build the ‘Excel 4 CRE’ Add-In

This is another post in our growing series on how to use ChatGPT in commercial real estate. In this post, I show you how I used ChatGPT to build an Excel Add-in. For a bit of back story. A.CRE recently set out to create a free Excel add-in…
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Using OpenAI’s ChatGPT for Commercial Real Estate Recruiting

As college students are now nearing the end of the semester, it’s imperative they get a commercial real estate internship or full-time job. Fortunately, a new tool available can help you streamline the process - ChatGPT. In this video tutorial,…
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Using OpenAI’s ChatGPT to Create Complex Excel Logic

The fourth blog post in this series on how to use ChatGPT in commercial real estate. As real estate financial modeling professionals, we're often tasked with creating complex logic in Excel. Depending on one's Excel proficiency, that task used…
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Guide to Using ChatGPT for Commercial Real Estate Professionals

As someone who has worked in the commercial real estate industry going on 22 years, I've come to appreciate how important it is to stay on top of the latest trends and technologies. As I've shared my own personal experience using ChatGPT in…
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Using OpenAI’s ChatGPT to Research Real Estate Data

The third blog post in this series on how to use ChatGPT in commercial real estate. The first step in real estate underwriting is the collection and aggregation of data or information. That data or information is then process, analyzed, and…
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Using OpenAI’s ChatGPT to Quickly Draft Real Estate Business Terms

Another blog post in a series on how to use ChatGPT in commercial real estate. As a real estate professional, we're often tasked with drafting and modifying non-binding business documents such as letters of intent (LOI) and memorandums of understand…
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Using OpenAI’s ChatGPT to Create an Excel Macro for a Real Estate Model

At some point in the past few months, you've undoubtedly heard about ChatGPT. It seems everyone is talking about it. But how useful is the tool actually? And in particular, how useful is it to real estate financial modeling professionals? In…