
Real Estate Financial Modeling Accelerator (Updated July 2025)
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…

Nuevo Contenido en Español (Actualizado Agosto 2025)
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.
A.CRE Self Storage Development Model (Updated Aug 2025)
We've received numerous requests over the years for a Self Storage Development Model in Excel. With strong investment and development activity in this niche property type, I recognize a self storage model on A.CRE is long overdue. But with so…
Data Center Development Model (Updated Aug 2025)
As the built environment evolves to meet the demands of an increasingly digital world, data centers have emerged as one of the most sophisticated and capital-intensive asset classes in commercial real estate. What was once considered a niche…
Land Development Model – Multi-Scenario (Updated Aug 2025)
Over the years, we've shared eight development-focused real estate financial models and numerous development-specific tools to the A.CRE Library of Excel Models. Nevertheless, there's been a hole in the development offerings in our library.…
Understanding Stabilization Through The Lens Of Operating Expense Ratio
The term “stabilized” is deeply embedded in the language of real estate. It shows up frequently in financial models, offering memoranda, development strategies, and underwriting assumptions. So frequently, in fact, that its meaning is often…
A.CRE Build-to-Rent (BTR) Development Model (Updated Aug 2025)
Build-to-rent (BTR) has become more and more common in CRE and now accounts for a meaningful share of development. In the past, we've recommended A.CRE readers use our Apartment Development Model for BTR analysis. However, as we've received…
List of A.CRE Accelerator Graduates (Updated Aug 2025)
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…
Excel’s Stale Value Formatting: What It Means and Why It Matters (Updated Aug 2025)
We recently received an email from an A.CRE reader using one of our real estate financial models with a curious question. He explained that many of the cells in his model suddenly had a strikethrough applied to the text. Naturally, he wondered…
A.CRE Apartment Development Model (Updated July 2025)
For several years now, our library of real estate models has been lacking a robust ground-up apartment development model. Sure, our All-in-One (Ai1) model has the capability to model multifamily development deals, but it's more a generalist…
The Conditional Weighted Average – SUMPRODUCT with SUMIF (Updated July 2025)
Consider this scenario: you have a 50 tenant rent roll, consisting of various tenant types (i.e. small inline, large inline, junior anchor, anchor, etc.), and you want to calculate the weighted average rent for each tenant type. If I asked you,…
Supercharge Excel with the ‘Excel 4 CRE’ Add-In – Now with AI (Updated July 2025)
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 few years, we at A.CRE (together with our new favorite companion, ChatGPT!) have been developing and sharing…
Multifamily (Apartment) Acquisition Model (Updated July 2025)
Our library of real estate Excel models has a variety of decent apartment models, including our All-in-One model and our Apartment Development Model - both robust models in their own right. However, if you're looking for a straight multifamily…
30/360, Actual/365, and Actual/360 – How Lenders Calculate Interest on CRE Loans – Some Important Insights (Updated July 2025)
(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…
Industrial Real Estate Development Model (Updated July 2025)
Allow me to share my Industrial Development Model in Excel. Over the past few years, I've been working to add more specialty real estate models to our library. While our All-in-One model certainly has its place, oftentimes really digging into…