
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…

Nuevo Contenido en Español (Actualizado Octubre 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.

List of A.CRE Accelerator Graduates (Updated Oct 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…

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…

LIHTC (Low Income Housing Tax Credits) Overview and Calculator (Updated Sept 2026)
Below is an overview of how LIHTC (low income housing tax credits) are calculated and applied to affordable housing projects. At the bottom of the post you will find downloadable excel files that correspond with the videos.
LIHTC - An Overview
LIHTC…

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…

A.CRE Apartment Development Model (Updated Sept 2026)
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…

AI May Build a Model. Could You Sign Off On It?
An 18-point real estate financial modeling check for CRE professionals
One of the questions we hear most often today is some version of this: Is it still worth learning real estate financial modeling if AI is going to do it for me?
It's…

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…

Case Study #17 – Windsor Crossing: An Industrial Development (Case Study + Solution)
For our 17th case study, we turn to a merchant industrial development in the Lebanon Valley, one of the mid-Atlantic's most active distribution corridors. This Windsor Crossing case study places you in the role of Alex Morgan, an investment…

Data Center Development Model (Updated Sept 2026)
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…

The Definitive Guide to Microsoft Excel for Real Estate (Updated Aug 2026)
Microsoft Excel is the primary tool used by real estate financial modeling professionals. Even while numerous non-Excel alternatives have attempted to de-throne Excel, the 35+ year-old software has shown to be surprisingly resilient to competition.…

An AI Skill for the A.CRE Industrial Development Model
We've been working on a project to make our library of Excel models AI-ready. The idea is straightforward: pair every A.CRE Excel model with an AI Skill, a packaged set of instructions and reference files that teaches an AI assistant how to…

Industrial Real Estate Development Model (Updated Aug 2026)
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…

Retail Real Estate Development Model (Updated Aug 2026)
I'm excited to share my Retail Development Model in Excel. This pro forma analysis tool comes as I've continued to build and share specialty real estate models, tailor-made for specific investment scenarios and property types.
This model…

