
Real Estate Financial Modeling Accelerator (Updated September 2026)
Before launching the Accelerator program, Michael and I received countless emails requesting a more structured, step-by-step real estate financial modeling training program.
Over the years, we've covered hundreds of real estate modeling…

Ask Me Anything with A.CRE (Next Host – James Nelson)
James Nelson is back for another A.CRE Ask Me Anything, and if you missed the last one, this is your chance to make up for it.
James is a Principal at Avison Young, where he leads the firm's U.S. Investment Sales practice in New York City.…

Nuevo Contenido en Español (Actualizado Noviembre 2026)
Ver y leer nuevo contenido en español. Este contenido ha sido creado por el equipo A.CRE para profesionales en la inversion inmobiliaria. Tutoriales, modelos financieros, educación, y mucho más.

What the Crisis Left Behind: 2008 Crisis, Part 7
Part 7 of my series working through the 2008 financial crisis from a real estate perspective, and the part where the story comes back to commercial real estate. If you're new to the series, in Part 1 I looked at why the mortgage was trusted,…

The Road To A Stabilized NOI – Underwriting Real Estate Concessions (Updated Nov 2026)
The incentives offered to the tenants of a real estate property constitute another of the adjustments that real estate professionals must underwrite to achieve a stabilized NOI, but beyond the adjustment, the concessions represent the cost of…

List of A.CRE Accelerator Graduates (Updated Nov 2026)
This certifies that the following individuals have successfully completed the 17-course, A.CRE real estate financial modeling Accelerator. Having shown a proficiency in all aspects of real estate financial modeling and having demonstrated an…

Get In. Stand Out. Get Hired: The Practitioner’s Guide to Real Estate Education
Students often ask us the same questions about commercial real estate education: Do I need a real estate degree? Which program is worth the investment? And what will help me stand out to employers? Those questions require different decisions.…

The Road To A Stabilized NOI – Vacancy And Credit Loss In Real Estate Underwriting (Updated Oct 2026)
Considering the potential vacancy loss as well as tenant default on an income-producing real estate property represents another key underwriting decision that real estate professionals must make when transitioning to a pro forma (Stabilized)…

The AI.Edge – Become an AI Leader in CRE (Updated Oct 2026)
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…

When the Other Side Stopped Paying: 2008 Crisis, Part 6
Part 6 of my series working through the 2008 financial crisis from a real estate perspective, and the part where the losses finally reach the plumbing. If you're new to the series, in Part 1 I looked at why the mortgage was trusted, in Part…

Construction Draw Schedule: Accounting For True LTC (Updated Sept 2026)
When lenders provide debt for a development project, they lend based on a Loan-to-Cost ratio (LTC), which is simply the percent of the total budget the lender will agree to lend to the borrower. So, if a project costs $10MM, and a lender loans…

Real Estate Financial Modeling Courses Compared: A.CRE vs Break Into CRE vs REFM vs Wall Street Prep (2026)
If you're comparing real estate financial modeling courses online, four programs come up again and again: the A.CRE Real Estate Financial Modeling Accelerator, Break Into CRE, REFM's REFAI certification, and Wall Street Prep's Real Estate Financial…

AI Tools for Commercial Real Estate (Fall 2026 Edition)
We've spent the last few years testing, teaching, and building with AI in commercial real estate, and this post is where we keep track of the tools that matter. It started as a list. This Fall 2026 edition is organized differently, because the…

When Prices Stopped Rising: 2008 Crisis, Part 5
Part 5 of my series working through the 2008 financial crisis from a real estate perspective, and the part where the assumption everything rested on finally gets tested. If you're new to the series, in Part 1 I looked at why the mortgage was…

Watch Me Solve a Real Estate Technical Interview Modeling Test: Case Study #17, Windsor Crossing
A decade ago, I recorded myself completing a real estate technical interview modeling exercise, start to finish, so our readers could watch over my shoulder and pick up on my process. That video, and the companion blog post, is still one of…

