Real Estate Financial Modeling Accelerator (Updated June 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…
Nuevo Contenido en Español (Actualizado Septiembre 2024)
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.
List of A.CRE Accelerator Graduates (Updated Sept 2024)
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…
Mixed-Use Development Model: Condo and Retail (Updated Sept 2024)
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…
Watch Me Build a Residential Land Development Model (Updated Sept 2024)
Over the years, we've created a sizable library of Watch Me Build videos covering Excel models for various real estate investment and property types. However, we've yet to create a Watch Me Build involving for-sale product. So this weekend,…
Real Estate Equity Waterfall Model – IRR and Equity Multiple Hurdles (Updated Sept 2024)
Over the years, this real estate equity waterfall with annual periods and IRR or Equity Multiple hurdles has been one of the most popular models in our library of real estate Excel models. It's been downloaded thousands of times and we've received…
Using COUNTIFS, SUMIFS, and AVERAGEIFS Excel Functions in Real Estate Underwriting (Updated Aug 2024)
Why use COUNTIFS, SUMIFS, and AVERAGEIFS functions in real estate? When real estate analysts first start their careers, they're often required to work with large data sets and to transpose property and portfolio information from one format to…
Supercharge Excel with the ‘Excel 4 CRE’ Add-In (Updated Aug 2024)
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 year, we at A.CRE (together with our new favorite companion, ChatGPT!) have been developing and sharing this…
Condominium Development Model (Updated Aug 2024)
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…
Watch Me Build a 3-Tier Real Estate Equity Waterfall Model (Updated Aug 2024)
As I've mentioned in other Watch Me Build posts, one way to become a better real estate financial modeling professional, is to watch other professionals model. Thus, the more exposure you can get to other's methods, the more adept a real estate…
A.CRE 101: How To Use The Discounted Cash Flow (DCF) Method To Value Income Producing Property (Updated Aug 2024)
The Discounted Cash Flow Method is a method to value a project by taking all future projected cash flows of the project and discounting them back to time zero (date of purchase) using a predetermined discount rate (the discount rate when used…
How to Run Monte Carlo Simulations in Excel (Updated Aug 2024)
So you want to run Monte Carlo simulations in Excel, but your project isn't large enough or you don't do this type of probabilistic analysis enough to warrant buying an expensive add-in. Well, you've come to the right place. Excel's built-in…
Loan Payment Schedule and Balance Tracking Tool (Updated Aug 2024)
A childhood friend called me this week and asked for a favor. He is the lender on a private real estate loan and was wanting a way to personally service the loan. Namely, he needed a tool to issue monthly invoices, track the principal vs interest…
Using SUMPRODUCT to Calculate Weighted Average in Real Estate (Updated Aug 2024)
In my experience, using the SUMPRODUCT function in Excel to calculate weighted average is one of the most oft-used Excel techniques in real estate financial modeling. I learned this technique on day one of my first real estate internship and…
Real Estate Equity Waterfall Model With Cash-on-Cash Return Hurdle (Updated Jul 2024)
Over the years, Michael and I have built and shared numerous real estate equity waterfall models, all multi-tiered and most with internal rate of return (IRR) hurdles. And as our readers have downloaded those models, I've received dozens of…
All-in-One (Ai1) Model for Underwriting Development and Acquisitions (Updated Jul 2024)
As many of you recall, in 2015 I set out to build an Excel alternative to the widely-used (and now discontinued) ARGUS DCF. With career moves and a lot of other A.CRE-related side projects, this undertaking has been slow going. Alas, in 2016…