This is a topic I’m all too familiar with. You see I cut my teeth in real estate, largely sourcing and negotiating residential and mixed-use land acquisition opportunities. I’ve put land deals together both as a fiduciary and as a principal, both in the United States and abroad. In this deep dive on land acquisition […]
As many of you recall, in 2015 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, in 2016 I released the first beta-version of the model – my All-in-One (Ai1) Underwriting […]
Before you use one of our real estate financial models (i.e. Excel templates), or before you set out to build your own real estate analysis tool in Excel, it’s important to keep in mind a few real estate financial modeling best practices. This list combines industry conventions for modeling in Excel, with various suggestions specific […]
We’ve received numerous requests over the years for a Self Storage Development Model in Excel. With strong investment and development activity in this niche property type, I recognize a self storage model on A.CRE is long overdue. But with so many other projects on our plates and limited experience with self storage, we just hadn’t […]
For several years now, our library of real estate models has been lacking a robust ground-up apartment development model. Sure, our All-in-One (Ai1) model has the capability to model multifamily development deals, but it’s more a generalist tool than a specialized one. As a result, I’ve found it wanting when used to model developments. So a few […]
As promised, I’m following up the release of the A.CRE Apartment Development model with a series of walk-throughs and tutorials to help you better understand the various elements of the model. The tutorials start with the basics – a guide to getting started, and then get progressively more advanced. If you’ve already visited the model’s […]
I built, and would like to share, a real estate portfolio model for valuing a portfolio of up to 30 properties. This is a “roll-up” model, meaning you will need to model your unlevered (before financing) property-level cash flows in a separate model (e.g. such as ARGUS, your own Excel model, or one of our Excel […]
We have a few stochastic modeling tools for real estate on the website, but none as robust as this Apartment Acquisition Model with Monte Carlo Simulation Module. I originally built the model in 2016 by taking my standard apartment acquisition model, and assigning probabilities to various assumptions. I then added a Monte Carlo Simulation module […]
Several years ago, we published a careers in real estate series where we discussed the various job sectors, business fields, and job functions that exist in the real estate industry. Additionally, we broke down compensation in real estate (salary + bonus) by position and level for 2014. Since then, each year we’ve followed up that series with […]