Underwriting Spencer Vickers 7/2/25 Underwriting Spencer Vickers 7/2/25

Case Studies: Successful Mezzanine Exits

Use mezzanine financing wisely

Read More

Underwriting Spencer Vickers 7/1/25 Underwriting Spencer Vickers 7/1/25

IRR in Real Estate: 3 Case Studies

Why IRR may be the most important return metric…

Read More

Underwriting Spencer Vickers 7/1/25 Underwriting Spencer Vickers 7/1/25

Cash Flow Timing in DCF Models: Why It Matters

Time it right

Read More

Underwriting Spencer Vickers 6/28/25 Underwriting Spencer Vickers 6/28/25

Top Metrics for Hold-Sell Analysis

Underwrite with confidence

Read More

Underwriting Spencer Vickers 6/28/25 Underwriting Spencer Vickers 6/28/25

5 Key Trends Shaping Terminal Value Assumptions

Current CRE trends

Read More

Underwriting Spencer Vickers 6/27/25 Underwriting Spencer Vickers 6/27/25

How Promote Structures Align GP/LP Interests

GPs and LPs should read this article.

Read More

Underwriting Spencer Vickers 6/27/25 Underwriting Spencer Vickers 6/27/25

Exit Cap Rates vs. Growth Rates in Terminal Value

Other factors in valuing commercial real estate

Read More

Underwriting Spencer Vickers 6/26/25 Underwriting Spencer Vickers 6/26/25

Positive vs. Negative Leverage in CRE Portfolios

Capitalize your investments correctly

Read More

Underwriting Spencer Vickers 6/26/25 Underwriting Spencer Vickers 6/26/25

Key Metrics for Real Estate Forecasting Models

Bringing greater accuracy to your real estate forecasting model.

Read More

Underwriting Spencer Vickers 6/25/25 Underwriting Spencer Vickers 6/25/25

Exit Cap Rates vs. Discount Rates in DCF

Valuing commercial real estate

Read More

Underwriting Spencer Vickers 6/24/25 Underwriting Spencer Vickers 6/24/25

Understanding NPV in Real Estate Underwriting

Not Particularly Valuable

Read More

Underwriting Spencer Vickers 6/21/25 Underwriting Spencer Vickers 6/21/25

Key Pitfalls in Multifamily Comparables Analysis

Don’t make these mistakes…

Read More

Underwriting Spencer Vickers 6/21/25 Underwriting Spencer Vickers 6/21/25

Time Series Models for Real Estate Forecasting

Forecast with confidence

Read More

Underwriting Spencer Vickers 6/20/25 Underwriting Spencer Vickers 6/20/25

Scenario Analysis Frameworks for CRE Investments

Up, Up, Down, Down, Left, Right, Left, Right, B, A, Start

Read More

Underwriting Spencer Vickers 6/17/25 Underwriting Spencer Vickers 6/17/25

Market Comparables in CRE: A Complete Guide

Rent and Sales comps in real estate valuation

Read More

Underwriting Spencer Vickers 6/16/25 Underwriting Spencer Vickers 6/16/25

Common CRE Loan Covenants Explained

Explore the essential covenants in commercial real estate loans, detailing compliance strategies, financial metrics, and the importance of lender relationships.

Read More

Underwriting Spencer Vickers 6/14/25 Underwriting Spencer Vickers 6/14/25

Ultimate Guide to Automating CRE Financial Models

Explore how automation and AI reshape commercial real estate financial modeling, enhancing efficiency, accuracy, and decision-making.

Read More

Underwriting Spencer Vickers 6/13/25 Underwriting Spencer Vickers 6/13/25

Understanding Debt Service Coverage Ratio (DSCR)

Learn how the Debt Service Coverage Ratio (DSCR) helps assess property income stability and impacts loan approval in real estate investments.

Read More