Commercial Real Estate Guides & Analysis Frameworks
In-depth, practical guides for CRE investors, brokers, and underwriters.
US Cap Rate Benchmarks by Metro Market & Property Type
Illustrative capitalization rate ranges across primary asset classes and metropolitan market tiers for educational underwriting practice.
How to Estimate NOI (Even Without Historical Financials)
A practical framework for reconstructing NOI when a seller's numbers are incomplete, inflated, or nonexistent.
The Complete 1031 Exchange Process, Step by Step
How to structure a 1031 exchange correctly — from hiring a qualified intermediary through the 45-day and 180-day deadlines.
How to Underwrite a Commercial Real Estate Deal, Step by Step
A practical framework for going from 'here's a listing' to 'here's my offer' — or 'here's why I'm passing.'
The Complete Guide to DSCR (Debt Service Coverage Ratio)
What DSCR measures, how lenders calculate it, acceptable ranges by property type, and strategies to improve deal coverage.
Loan Amortization & Balloon Loans: Schedules, Calculations & Refinance
How commercial loan amortization tables work, balloon payment mechanics at 5, 7, and 10 years, and timing your refinance window.
Cash-on-Cash Return vs IRR: What Each Metric Tells You (and What It Hides)
Comparing year-one cash yield with multi-year internal rate of return, common metric traps, and when to use each in investment decisions.
Buy vs Lease: A Decision Framework for Commercial Property
Evaluating 5-year and 10-year holding periods, down payments, equity build-up, tax deductions, and capital flexibility for businesses.
Commercial Real Estate Underwriting Checklist: 7 Gates Before You Buy
A rigorous 7-gate verification framework covering income, expenses, cap rates, debt coverage, cash return, break-even occupancy, and stress tests.