Most people in commercial real estate still think Excel macros are for “the IT guy down the hall.” You underwrite, you manage rent rolls, you crank out lender packages in Excel all day… but the moment someone says “VBA,” you are out. That used to make sense. Writing macros meant learning a programming language on […]
On a recent live follow-up workshop, we took the Multiplier Framework out of “high level theory” and applied it to the most requested target in commercial real estate: Underwriting, the number one task CRE professionals said they want to automate. The goal was simple. Show exactly how AI overlaps cleanly with your existing underwriting workflow, […]
On January 15, over 700 commercial real estate professionals joined me live (nearly 1,400 registered) to learn a simple idea: Any CRE professional, regardless of technical skill or AI knowledge, can multiply their output. Not by working longer hours. Not by hiring a bigger team. But by taking a disciplined, systematic approach to the work […]
AI is finally good enough that you can now leverage it to realistically multiply your output in CRE. The AI Multiplier Framework is our method for doing just that. It gives you a structured way to find, rank, and execute automation opportunities so you can actually hit a meaningful multiplier in 12 months. This post […]
If you work in acquisitions, asset management, brokerage, development, portfolio management, or valuation, you probably feel the tension already. On one hand, today’s AI tools for real estate can draft emails, summarize leases, and pull market stats with ease. On the other hand, you would not trust them to run a full underwriting, manage a […]
Today, we’re thrilled to share with the A.CRE community a new timesaving (and free) Excel tool: the ‘Excel 4 CRE’ Add-in! Over the past few years, we at A.CRE (together with various AI coding tools) have been developing and sharing this Excel add-in. The goal? To make real estate financial modeling faster and more efficient […]
Using keyboard shortcuts is essential to improving the speed and efficiency at which you model real estate in Excel. One thing you’ll learn early in your CRE career, the more proficient you become in using your keyboard without a mouse to navigate around Excel, the more valuable you’ll be as a real estate financial analyst. […]
As part of my work at CRE Agents, I recently built a pretty cool demographics tool that I’d like to a) give you access to and b) provide the backstory behind. It started with a skill created at CRE Agents for an acquisitions AI coworker called Deep Location Analysis. This AI-powered process uses vision models […]
When I first published this guide in early 2023, ChatGPT felt like a novelty. It was impressive, experimental, and even a little unnerving. But for most in CRE, it was still just a toy. Fast forward two and a half years, and that’s no longer the case. Today, AI is embedded in the way serious […]
At A.CRE, we’re always on the lookout for tools that can streamline our workflow and make our jobs a little easier. As the AI space evolves, OpenAI has rolled out two features that we’ve been putting to work in our day-to-day operations: ChatGPT Projects and Custom GPTs. These two features have unlocked new ways for […]
So you’ve made it past the HR screening interview. You have the education and experience the company is looking for, but now they want to be sure you possess the real estate financial modeling skills necessary to do the job. They’ve asked you to take part in a multi-hour real estate technical interview. In that interview, they’ll […]
The real estate industry is enormous. In the United States alone, over 2.9 million jobs are tied to commercial real estate, 17% of GDP comes from the real estate industry, and the aggregate value of U.S. commercial real estate is approximately $20.7 trillion. Yet, in spite of its impact and size, there is still a […]
This week, I’ll be hosting my monthly A.CRE Ask Me Anything (AMA) where we dive into various technical topics, and AI in CRE often comes up. Last month, someone asked me to show the group how to install a Large Language Model (LLM) on their computer—essentially a personal ChatGPT that runs locally. So, I figured it […]
It’s been the go-to line ever since ChatGPT exploded onto the scene in 2022 and AI became a talking point in every office: “AI won’t take your job, but someone using AI will.” I’ve said that – or some variation of that – myself in dozens of conversations with CRE friends, peers, and clients. And […]
Over the course of my career, I’ve modeled hundreds of real estate investments, from large portfolio roll-ups to complex mixed-use developments. And one issue I’ve consistently run into, especially when modeling portfolio or mixed-use cash flows, is this: the first cash flow in an IRR range is often not negative. The problem? Excel’s built-in XIRR […]