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Real Estate Financial Modeling Accelerator (Updated April 2024)

Prior to launching the Accelerator program, Michael and I fielded email after email requesting a more structured real estate financial modeling training program on the site. Over the years, we've covered hundreds of real estate modeling…
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Exploring Optionality in Commercial Real Estate (Written by AI)

The term "optionality" may evoke thoughts of financial derivatives, stock options, or complex trading strategies. However, in the context of commercial real estate, optionality is a far more nuanced and potent concept. Simply put, optionality…
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Marquette University – Undergraduate Real Estate Profile (Updated Sept 2023)

The real estate program and the Center for Real Estate at Marquette University have guided us in discovering a career path that we are excited to pursue post-graduation and have instilled confidence in our future success. While Marquette’s…
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Share Your Summer Commercial Real Estate Internship Story

As A.CRE helps more students better grasp financial modeling and potential real estate careers, we want your help. We’ve crafted a survey here that asks about your most recent experience at a summer internship working in commercial real estate. Our…
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Book Review: The Snowball: Warren Buffett and the Business of Life

The Snowball: Warren Buffett and the Business of Life "The Snowball: Warren Buffett and the Business of Life" offers an unprecedented look into the life and investment philosophy of Warren Buffett, one of the world's most respected…
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The Road to Stabilized NOI – Loss to Lease in Multifamily Property Underwriting

The calculation of stabilized Net Operating Income for a property is synonymous with building a stabilized proforma. This modeling process starts by estimating revenues and then the expenses, which means we must adjust the anticipated revenues…
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Texas Tech University – Undergraduate Real Estate Profile (Updated Aug 2023)

Roque Alaniz's Experience: I graduated high school in May of 2021 not knowing if I was even going to attend college. I was the first from my extensive family to graduate high school, so I had no guidance on how to go about enrolling into…
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Indiana University – Undergraduate Real Estate Profile (UPDATED AUG 2023)

Alex Dilkovski's Experience When I first got to Indiana University, I felt a little overwhelmed by all the different paths the Kelley School of Business offered. I knew I wanted to study something related to finance, but I didn’t know…
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Georgia State University – Undergraduate Real Estate Profile (Updated Aug 2023)

Georgia State University is located in the heart of downtown Atlanta and provides education to more than 51,000 students. One of the school's most significant value add components is its proximity to business districts and the downtown "feel."…
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Book Review: Shoe Dog – A Memoir by the Creator of Nike

Shoe Dog: Key Takeaways for the Real Estate Entrepreneur During a recent 12-hour car trip, I found myself immersed in the world of Phil Knight, founder of Nike, through his audiobook memoir: "Shoe Dog." As the miles rolled by, I was…
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Create Your First AI Tool: Sales Comp Database ChatGPT Plugin

Traditionally in commercial real estate, each organization builds its own proprietary sales comp database and then gives its analysts access to that database in order to perform comp analysis. As AI becomes more and more important, pairing the…
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ChatGPT vs Bard vs LLaMa Chat (Aug 2023) – AI Chat for CRE Comparison

If you're an A.CRE reader, you know we're actively exploring the numerous use cases for generative AI in commercial real estate. As part of those efforts, we've used ChatGPT to help us build a custom Excel add-in for CRE professionals, used…
university real estate club best practices
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List of Real Estate Case Competitions (Updated July 2023)

Real estate case competitions present an opportunity for students to hone their skills by working on real-life or hypothetical case studies to solve actual business problems. These competitions assess a team's capacity to collaborate, analyze,…
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Calculate Residual Land Value in Excel (Updated Jul 2023)

Here's the scenario. You're a real estate developer. You spot a prime parcel of land that would be perfect for your real estate project. So you approach the owner of the land about selling and she says, "Okay, bring me an offer." How much do…
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Become an AI Expert in CRE: Take Google’s Generative AI Courses

Since diving into the world of commercial real estate (CRE), I've kept my eyes peeled for tools and technologies that can revolutionize the way we conduct business. One of the most exciting developments in recent years is artificial intelligence…
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A.CRE AT SMART CITY EXPO BOGOTA 2023!

From May 31 to June 2 of this year, the Smart City Expo was held in Bogota, Colombia, and focused on implementing sustainable and smart development in cities. The event recognized cities as spaces that concentrate people, capital, and creativity,…