All-in-One (Ai1) Underwriting Model for Real Estate – A.CRE – 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.
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