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 organize information. The first such use case showed how connecting […]
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 on the complexity/nature of the question, either Arturo, Emilio, Kyle, Michael, or I respond. […]
Antes de utilizar uno de nuestros modelos financieros inmobiliarios (es decir, plantillas de Excel), o antes de comenzar a crear tu propia herramienta de análisis inmobiliario en Excel, es importante tener en cuenta algunas buenas prácticas de modelización financiera inmobiliaria. Esta lista combina las prácticas habituales del sector para la elaboración de modelos en Excel, […]
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 to supercharge Excel for real estate financial […]
Pre-2008, I bought and sold my fair share of single family homes – both for investment purposes (rental or flips) and to live in. In those days, almost everyone was “investing” in residential real estate – hence the market crash. I personally don’t have any plans to get back into buying and selling homes, beyond […]
Volver a la escuela es un compromiso enorme. Primero está el proceso de admisión, que implica pasar horas y horas estudiando para el GMAT o el GRE, rellenar largas solicitudes de admisión, escribir docenas de ensayos sin sentido, preparar y hacer entrevistas de admisión informales y formales, y soportar el estrés de no saber si […]
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 to take anywhere from a few minutes to a few days. In fact, I remember certain […]
Going back to graduate school is a huge commitment. First there’s the admissions process, which means spending hours and hours studying for the GMAT or GRE, filling out lengthy admissions applications, writing dozens of mindless essays, preparing for and doing informal and formal admissions interviews, and enduring the stress of not knowing if you’re in, or […]
I’ve spent a fair amount of my career analyzing privately-owned student housing investments. Nevertheless, I’ve yet to share a purpose-built, institutional-quality student housing acquisition model. So, I thought I’d take some time and build a model for this very purpose. To do this, I took my Value-Add Apartment Acquisition model, which has been used by […]
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 […]
From time to time, I come across modeling situations that Excel does not have built-in functionality to address. One particular situation I come across regularly, involves needing to transfer the contents of a worksheet, including all inputs, formatting, and formulas from one copy of a model to another copy of the exact same model without linking the […]
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 commercial real estate, I’ve received several emails asking how to get started […]
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 used to help make an investment decision. OpenAI’s GPT language model can be used […]
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 (MOU). These documents spell out business terms, that attorneys then formalize in binding JV agreements, […]