How to Underwrite and Model Commercial Real Estate: Full Course

Download the Excel workbook: https://www.alkaline-advisors.com/aa-... Think real estate investing is too complicated? It's not. Spencer Correnti (Founder & CEO of Alkaline Advisors) breaks down how to analyze deals like a pro — no MBA required. Learn the frameworks used on $15B+ in real estate projects. What You'll Learn: ✓ The 3 variables that unlock every deal (contributions, distributions, timing) ✓ How to read financial models and understand what's actually happening ✓ Why cap rates matter more than you think ✓ Static vs. dynamic modeling: which one to use ✓ The 6-step underwriting framework professionals use ✓ Scenario and sensitivity analysis (stress-testing your deals) ✓ AI in real estate modeling—the honest truth Perfect For: Students exploring finance/real estate careers First-time investors wanting to understand the numbers Junior analysts wanting the full picture Anyone intimidated by real estate jargon Timestamps: 00:00 Background 02:40 Modeling Basics 09:35 Property Types 24:45 Players in CRE 31:38 Six Parts of Underwriting 49:40 Excel Workbook Walkthrough 1:09:00 Excel Model Walkthrough #RealEstate #RealEstateInvesting #FinancialModeling #Investing #Finance #CareerAdvice #RealEstateAnalysis