Entries by Spencer Burton

, ,

All-in-One Walkthrough #5 – The Residual Land Value Calculation Module

This walkthrough, our fifth in the series, explains how the Residual Land Value Calculation module works and how to implement this tool into your analysis. You might recall, a few months back we discussed the concept of residual land value and shared a basic residual land value model. This module expands on the concepts discussed in that […]

, ,

The Real Estate Resume – Tips and Resources

Some of you are working to land that first professional job in real estate. Others are hoping to leverage existing education and industry experience to move up. Regardless of where you are, the content, format, and style of your real estate resume is essential to success. In this post, I’ll discuss what makes real estate different from other industries, what […]

, , , , , , , , , ,

All-in-One Underwriting Model for Real Estate Development and Acquisition (Updated 4.15.17)

As many of you recall, about a year and a half ago I set out to build an Excel alternative to the widely-used (and now discontinued) ARGUS DCF. With career moves and a lot of other A.CRE-related side projects, this undertaking has been slow going. Alas, today I’ve decided to release the first beta-version of the […]

, ,

All-in-One Walkthrough #3 – Modeling a Hypothetical Retail Development Investment

This walkthrough, our third in the series, takes you through the entire process of modeling a simple development investment. I’ve created hypothetical assumptions for this exercise written out in PDF format (download link below) and then use those assumptions to assess the viability of the investment. I model a hypothetical retail development investment using the All-in-One […]

, ,

All-in-One Walkthrough #2 – Office, Retail, Industrial Rent Roll Tab

This walkthrough, our second in the series, will detail how to use the office/retail/industrial rent roll (see ORI-RR Tab). The rent roll tab is arguably the most important, and most complex, tab in the All-in-One model. Below we post a video of the walkthrough together with a brief description of the key components of this tab. Video […]

, ,

Graduate Real Estate Series: NYU Schack Institute of Real Estate’s MSRE and MSRED Programs

The Schack Institute of Real Estate at New York University offers a flexible, 42-credit graduate real estate education in various real estate disciplines including finance and development. Located in the epicenter of global real estate, New York City, the program leverages its relatively lengthy history, expansive local network, and varying curriculum options to offer a world-class real estate education. […]