I’ve built a new acquisition model that I am excited to share with our readers. This is a back-of-the-envelope (BOE) valuation model that can be used for retail, office, and industrial properties. The goal was to create a sleek and clean look to the model that would enable a third party to easily understand what […]
I’ve decided to do a major overhaul of my last acquisitions model for office, industrial, and retail properties. There were a lot of things I wanted to change as well as add to the model and finally had a weekend to do it. This new and improved model includes both monthly and annual cash flows, […]
This is a 3-tiered debt module that will allow the user to add one to three tiers of debt to his or her real estate DCF model. Includes the option to layer in senior debt, secondary debt, and mezzanine debt; calculate interest on either a 30/360, actual/360, or actual/365 basis; and model additional proceeds (i.e. […]
The initial goal for the original Hotel Acquisition Model was to design a hotel proforma that would enable users to get deep into the weeds of practically every line item in their hotel analysis. Although I am super happy with how that hotel proforma has turned out, there are many instances where that model may […]
This is an Excel model I originally built from scratch back in 2015 for quickly assessing multifamily redevelopment opportunities. It was designed to work best for scenarios where individual units will be rehabbed over the hold at varying times. It’s a simple way to quickly analyze the viability of this type of multifamily investment. Since […]
In the following video, I record my screen and narrative my steps as I build a basic construction draw schedule. I’ve also included the template and completed worksheets from this Watch Me Build exercise. Are you an Accelerator member? See the ‘Modeling Development Cash Flow course in the core curriculum. Additionally, if you’re an Accelerator […]
After posting the construction draw module that demonstrates how to calculate the true LTC of a development loan, I decided that since we have yet to publish a condo development model, to build upon that module to create one. This condominium model has a lot of really great functionality that will allow the user to get a […]
Every real estate developer eventually runs into an issue that reinforces, in vivid and, if unlucky, expensive detail, as to why good contracts and clean closeout processes exist. For me, RV@Olympic, our ground-up development of an RV park and campground near Olympic National Park, had a few reinforceable issues that thankfully, we were able to […]
(Updated August 7, 2019 to include a Watch Me Build video and Downloadable file) Commercial real estate lenders commonly calculate loans in three ways: 30/360, Actual/365 (aka 365/365), and Actual/360 (aka 365/360). Real estate professionals should be aware of these methods if they want to understand the real interest rate as well as the total amount of interest […]
In this post, I walk you through the A.CRE Mixed Use Development Model for Condo and Retail projects. The model is basically a reworked and expanded version of the Condo Development Model, so if you are familiar with that, this should feel and operate very similarly. This model can also be used as a condo […]
Welcome to another episode of the A.CRE Consulting Podcast! This time, we sit down with Chris Moreno, CEO of Infinite Niches, a serial entrepreneur, investor, and industry thought leader with a deep passion for real estate and technology. Chris has built and sold three companies, scaling innovative prop-tech solutions that have reshaped logistics, multifamily operations, […]
Welcome to another episode of the A.CRE Consulting Podcast! This time, we’re diving into the evolving world of office real estate with Matt Legge, Principal at Polaris Development Group, and Brian Tolman, Principal and Co-Founder at Origin. With decades of experience in real estate development, design, and repositioning distressed assets, Matt and Brian are reshaping […]
Welcome to another episode of the A.CRE Consulting Podcast! In this episode, we dive into an innovative financing tool that’s transforming commercial real estate—C-PACE (Commercial Property Assessed Clean Energy) financing. Our guest, Ina Montejo, Assistant Vice President of Originations at PACE Loan Group, brings her expertise to the table to break down how this long-term, […]
Welcome to another episode of the A.CRE Consulting Podcast! In this episode, we sit down with Royden Cooper, Co-Founder and CEO of Epum, a cutting-edge prop-tech startup revolutionizing commercial real estate research. Royden’s journey is a unique one—starting as a commercial real estate developer, he transitioned into the world of real estate data science, ultimately […]
Welcome to another episode of the A.CRE Consulting Podcast! In this conversation, Alex Moroz Williams and Michael Belasco sit down with Jeremy Shackle, Principal of Consultancy 619, to delve into the complexities of the EB-5 Immigrant Investor Program. Jeremy, a seasoned expert with over 20 years of experience in real estate development and a specialized […]