Categories
Investors

All-in-One (Ai1) Underwriting Model for Real Estate [Video]

Watch/Read More

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 I released the first beta-version of the model – my All-in-One (Ai1) Underwriting Tool for Real Estate Development and Acquisition in Excel (catchy name, I know!). In November

Since that release, I’ve continued to update the model regularly, correcting errors and adding features you, the user, are asking for. The model has been downloaded thousands of times and hundreds of you are actively contributing to continuous and substantive improvements. As I find time and as your suggestions come in, I’ll continue to update the model with the hope that one day, it might have its permanent place in commercial real estate underwriting.

In November 2019, after over 40 updates over two years, we officially removed the betalabel from the model. This means …