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 […]
Microsoft Excel is the primary tool used by real estate financial modeling professionals. Even while numerous non-Excel alternatives have attempted to de-throne Excel, the 35+ year-old software has shown to be surprisingly resilient to competition. And thus, if you intend to work in real estate you must be proficient in Excel. So what does 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 […]
On a flight from Chicago to Miami last week, I built something I’m really excited to share for free: my AI-powered Lease Date Extraction Tool. Starting with a simple ChatGPT prompt, followed by a back-and-forth with Replit’s Agent 3 multi-agent coding assistant, what in the past would have taken a team of engineers months to […]
Before moving to the principal side of the business, I began my career as a self-described real estate investment specialist, largely working as a land broker but dabbling in other areas including the popular “single-family flip” space. In all honesty, I wasn’t qualified for the title. In fact, I had little to no actual experience […]
In the world of AI, the big three – OpenAI’s Custom GPTs, Anthropic’s Claude Projects, and Google’s Gemini Gems – are quick-and-easy ways to interact with large language models (LLMs). Whether you’re a real estate professional looking to build a custom assistant or a founder aiming to scale operations through automation, these tools offer a […]
What better way to spend some free time over the Thanksgiving holiday, than to record myself completing a real estate private equity technical interview exercise! While I’ve offered help with the real estate technical interview in the past, I’ve never just grabbed an actual technical interview case study and walked our readers through how I […]