
Real Estate Financial Modeling Accelerator (Updated May 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…

A.CRE Real Estate Financial Models Download Guide (Updated Jun 2026)
The A.CRE Excel library is large. Readers reached out regularly not knowing which model fit their deal, and finding the right one used to mean scrolling through everything or asking us directly. So I built a filterable Google Sheet that maps…

An AI Skill for the A.CRE Short-Term Rental Acquisition 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…

Short-Term Rental Acquisition Model (Updated June 2026)
In today's real estate landscape, short-term rentals (STRs) stand out as one of the most dynamic and potentially high-yield asset classes. From compact urban units serving business travelers to luxury vacation homes attracting high-net-worth…

S-Curve Forecasting in Real Estate Development (Updated June 2026)
One of the reasons Michael and I blog, is to force ourselves to be continually learning. I built the first version of my real estate waterfall model, because I wanted to better understand the mechanics of modeling an equity waterfall with IRR…

A.CRE Apartment Development Model (Updated June 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…

An AI Skill for the A.CRE Commercial Mortgage Loan Analysis Model
I'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 operate…

Pro Forma For Multifamily Renovation (Updated June 2026)
I'm excited to share the Pro Forma for Multifamily Renovation model with all of you. This multifamily renovation model is made to analyze value add apartment acquisition opportunities and has a lot of functionality that is meant to provide you…

Commercial Mortgage Loan Analysis Model (Updated June 2026)
Over the years, I've received various requests to augment our library of real estate Excel models to include a model for underwriting and analyzing commercial mortgage loans. Specifically, people have asked for a tool to calculate the loan amount…

Back-of-the-Envelope Office, Retail, Industrial Acquisition Model (Updated June 2026)
I’ve built a new acquisition model that I am excited to share with our readers. This is a back-of-the-envelope (BOE) valuation model that can be used for retail, office, and industrial properties. The goal was to create a sleek and clean look…

Residential Land Development Pro Forma (Updated June 2026)
As many of you know, I started my career in residential land development first as a broker and later as a principal. During that time, I built my fair share of residential land development Excel pro formas, modeling returns and forecasting cash…

A.CRE Value-Add Apartment Acquisition Model (Updated May 2026)
We've shared a handful of apartment models over the years. Several of those are capable of analyzing apartment acquisitions but none was built for the express purpose of modeling value-add apartment deals. As a result, each has its limitations…

An AI Skill for the Real Estate Asset Management 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…

Real Estate Asset Management Model (Updated May 2026)
Many of you have run into this scenario: you build out a detailed acquisitions model at purchase. Everything looks great—market rents, lease-up timing, exit cap, all in line. The acquisitions team is convinced this is going to be a home run.…

Industrial Real Estate Development Model (Updated May 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…

All-in-One (Ai1) Model for Underwriting Development and Acquisitions (Updated May 2026)
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…

