Real Estate Models Built for Investment Decisions
Development pro formas, acquisition models, waterfalls and fund models that connect assumptions to cash flow, debt and investor returns.
Illustrative model output
Investment summary
Levered IRR
18.4%
Equity multiple
2.1x
Exit cap
5.75%
DSCR
1.42x
Demonstration metrics only. Every engagement is built around the client's property, capital structure and decision.
Model types
Choose the model that matches the decision
Each model is custom-built in unlocked Excel with visible assumptions, audit checks and a live walkthrough.
From $2,000
Real Estate Development Pro Forma
A fully linked development model that connects land, programme, construction costs, financing, sales or lease-up and investor returns - so sponsors and lenders can see exactly what drives viability.
Explore modelFrom $1,500
Real Estate Acquisition Model
Analyse an acquisition from rent roll to exit with transparent operating assumptions, debt sizing, downside cases and investor returns that can be reviewed by an investment committee.
Explore modelFrom $2,000
GP-LP Waterfall & Promote Model
Translate partnership terms into a transparent distribution model showing how cash moves between LPs and the GP across preferred-return, catch-up and promote tiers.
Explore modelFrom $2,000
Hotel & Hospitality Financial Model
Connect room demand, pricing, departmental operations, capital expenditure and financing in a hotel model built for feasibility, acquisition or development decisions.
Explore modelFrom $3,000
Real Estate Fund Model
Model the complete fund lifecycle - from commitments and deployment to fees, asset exits, recycling and LP distributions - with portfolio and partner-level visibility.
Explore modelFrom $3,000
Portfolio & REIT Financial Model
Roll multiple assets into one consistent planning model for acquisitions, disposals, financing, NAV, distributions and board or investor reporting.
Explore modelSelected mandates
Real projects, anonymised
Six previously published engagements, expanded without invented deal values, returns or client identities.
Illustrative project imageLondon · Development pro forma
Luxury Residential Development
A development pro forma for a high-end condominium scheme, structured to make cost, sales and partner-return assumptions transparent.
Read case study
Illustrative project imageDubai · Mixed-use development
Mixed-Use Development
An integrated model for residential, retail and office components with shared costs, phased delivery and scenario analysis.
Read case study
Illustrative project imageNew York · Acquisition model
Commercial Office Acquisition
A leveraged acquisition model connecting leases, renovation, debt coverage, exit assumptions and investor distributions.
Read case study
Illustrative project imageLos Angeles · Operational real estate
Healthcare Facility
A long-range operational and property model covering activity, costs, capital expenditure and funding requirements.
Read case study
Illustrative project imageUnited Kingdom · Real estate fund
Sustainable Real Estate Fund
A fund model connecting portfolio deployment, asset performance, ESG-aligned categories and investor distributions.
Read case study
Illustrative project imageToronto · High-rise development
Residential Tower Development
A high-rise development model covering construction, sales, funding, profitability and partner returns.
Read case studyAccountable analysis - not templates
A template can produce numbers. It can't defend them. Every model we deliver is built to be audited - by an investment committee, an SBA lender checking DSCR, or your LP questioning an assumption. We stand behind the logic in the workbook.
Insights
Guides on real estate modelling
How Much Does a Real Estate Financial Model Cost?
A practical guide to pricing development, acquisition, waterfall, fund and portfolio models - and what changes the scope.
Read guideHow to Build a Development Pro Forma Lenders Can Review
The schedules, checks and downside cases that turn a development appraisal into an auditable lending model.
Read guideGP-LP Waterfall Structures Explained With an Example
How preferred return, return of capital, catch-up and promote tiers allocate real estate cash flow.
Read guideBook a free 20-minute scoping call
Talk directly with a financial modelling consultant about your deal, model, or lender requirements.
No obligation. You speak directly with the consultant who would build your model.